Press release
Healthcare IT Security Market Demand Key Growth Opportunities. Development and Forecasts to 2017-2032
Healthcare IT Security Market was valued at $12.85 billion in 2020, and is projected to reach $57.25 billion by 2030, growing at a CAGR of 16.3% from 2021 to 2030.Healthcare cybersecurity is becoming more and more crucial. Many healthcare businesses have battled to secure their network infrastructure and perimeter to deter attackers as cyber dangers have been steadily growing in recent years. For instance, the CyberPeace Institute reported in November 2021 that during the pandemic, there were more than 11 million data breaches worldwide in the healthcare sector. Such incidents increase need for a worldwide healthcare cyber security market in the years to come.
A variety of software is used in healthcare cybersecurity to protect patient and healthcare organisation data from online assaults. Over the past few years, there has been an increase in breaches at healthcare institutions. Technology advancements are improving cybersecurity.
Market Dynamics:
Drivers
The market for healthcare cyber security has changed as a result of cyber attacks and breaches in healthcare organisations. Due to important factors like an increase in cybercrime, an increase in healthcare spending, increased awareness of the need for cyber security in the healthcare sector, etc., the market for healthcare cyber security is also anticipated to expand during the forecast period. Additionally, there are numerous government initiatives worldwide to safeguard personal data, which will significantly accelerate the market expansion for healthcare cyber security.
Worldwide, healthcare institutions like hospitals, clinics, and pharmaceutical firms must prioritise security. Another significant factor propelling the healthcare cyber security market is the increase in internet and device usage in the healthcare sector
Restraints
Although the healthcare cyber security market size is anticipated to expand very quickly during the forecast period, certain limitations will inevitably slow growth. Employees in the healthcare sector and others are uninformed of the significance of cyber security, particularly with regard to security software. Medical records are still a valuable resource and a threat to healthcare organisations. Personal data, including social security numbers, bank account numbers, and other details, are used on the black market. Therefore, it's crucial to stay informed about these attacks and adjust to technological advancements.
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Technology Analysis
Over the course of the forecast period, the healthcare cyber security market is anticipated to grow very well. In recent years, the use of internet-connected devices and medical equipment has increased. Thanks to recent technological advancements, the market for healthcare cyber security is expanding rapidly. It is now more accessible due to increased competition and technological advancement. In the upcoming years, healthcare cybersecurity will prove to be a very useful tool for maintaining the security of medical data.
Global Healthcare IT Security Market: Major Players
Lockheed Martin Corporation
Medigate Ltd.
Cisco Systems, Inc.
IBM Corporation
McAfee, LLC
Fortified Health Security
Trend Micro, Inc.
Atos Societas Europaea (Atos SE)
Palo Alto Networks, Inc.
Booz Allen Hamilton, Inc.
Sensato
FireEye, Inc.
Imperva, Inc.
Symantec Corporation
Computer Sciences Corporation, Inc.
Northrop Grumman Corporation
Kaspersky Lab
Global Healthcare IT Security Market: By Types
Application Security
Cloud Security
Device Security
Endpoint Security
Network Security
Others
Global Healthcare IT Security Market: By Applications
Medical Devices Companies
Health Insurance Providers
Hospitals
Pharmaceuticals and Biotechnology Companies
Research and Diagnostic Laboratories
Others
Global Healthcare IT Security Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Healthcare IT Security market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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FREQUENTLY ASKED QUESTIONS?
Q1. What are the upcoming trends of Healthcare Cyber Security Market in the world?
Q2. Which is the largest regional market for Healthcare Cyber Security?
Q3. What is the estimated industry size of Healthcare Cyber Security?
Q4. Which are the top companies to hold the market share in Healthcare Cyber Security?
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