Market Overview:
The global cyber security in healthcare market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The market growth is attributed to the increasing number of cyber-attacks on healthcare organizations and the rising demand for cloud-based security solutions. The application security segment is expected to dominate the global cyber security in healthcare market during the forecast period, owing to the growing need for data protection among healthcare organizations. The cloud security segment is projected to grow at a high CAGR during the forecast period, as it offers various benefits such as scalability, flexibility, and cost-effectiveness. In terms of region, North America dominates the global cyber security in healthcare market due to early adoption of advanced technologies and stringent government regulations pertaining to data privacy and informationsecurity.
Product Definition:
Cybersecurity is the practice of protecting electronic information by mitigating information risks and vulnerabilities. It is critical in the healthcare industry because of the large number of patient records that are stored electronically. Cybersecurity measures help to protect patients' privacy and ensure that their data is not accessed or stolen by unauthorized individuals.
Application Security:
Application security is the part of software development lifecycle that deals with threats to applications from data, application and network attacks. Application security includes testing techniques for detecting weakness in an application program interface (API), web services, mobile applications or cloud-based solutions. It also covers protecting digital assets of an organization such as customer information and intellectual property.
Increasing cyberattacks on organizations are one of the major factors driving growth in this market over the forecast period.
Cloud Security:
Cloud security is the new term in the cyber security market and it has been gaining much attention over the past few years. It is used to protect data stored on cloud servers from hackers. Cloud computing offers various advantages such as scalability, cost effectiveness, and flexibility but there are some disadvantages too like lack of control over data or information that can be accessed by third party or a terrorist.
Application Insights:
The pharmaceutical and chemical manufacturers, medical device companies, health insurance companies, and hospitals & clinics application segments are estimated to dominate the market in terms of revenue share. The pharmaceutical industry is one of the most lucrative industries globally. This has led to an increase in cyber security threats from nation-state attackers as well as organized criminal groups that seek to penetrate this sector for malicious purposes.
The medical devices industry is also growing rapidly across the globe due to technological advancements coupled with increasing government funding for innovative healthcare applications. However, these sectors are prone to cyberattacks resulting in data loss or leakage which can be used by a third party against organizations or individuals involved directly or indirectly related with these industries (eHealth providers).
Regional Analysis:
North America dominated the global cyber security in healthcare market with a revenue share of over 35% in 2017. This is attributed to the presence of major players, increased adoption of digital services and technologies, and high demand for improved patient care. Moreover, increasing cases of data breaches have led to greater awareness among organizations about their vulnerability and encouraged them to adopt measures for maximum security.
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to factors such as improving healthcare infrastructure & facilities coupled with growing medical tourism industry due mainly expansion & growth in insurance sector along with rising incidence/occurrence rates of various chronic diseases across emerging economies such as India & China which has resulted into an increase in demand for better patient care solutions leading towards overall improvement in patient safety standards thus driving growth over this region. Furthermore, increasing government initiatives on improving public health are also anticipated boost regional market growth during the forecast period (2018-2030).
Growth Factors:
- Increasing demand for secure and reliable healthcare data
- Proliferation of connected medical devices and BYOD in healthcare organizations
- Growing number of cyber-attacks on healthcare organizations
- Stringent government regulations and compliance requirements for data security in the healthcare industry
- Emergence of new technologies such as cloud computing, big data, and mobile health that create new vulnerabilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Cyber Security in Healthcare Market Research Report
By Type
Application Security, Cloud Security, Content Security, Endpoint Security, Other
By Application
Pharmaceutical & Chemical Manufactures, Medical Device Companies, Health Insurance Companies, Hospitals & Clinics, Other
By Companies
WhiteHat Security, Axway, Biscom Incorporated, Booz Allen Hamilton, CISCO, Computer Sciences Corporation, CORL Technologies, FireEye, Flexera, ForgeRock, General Electric, IBM, Lockheed Martin Corporation, McAfee, Northrop Grumman Corporation, Palo Alto Networks, SENSATO, Symantec Corporation, Trend Micro Incorporated
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Cyber Security in Healthcare Market Report Segments:
The global Cyber Security in Healthcare market is segmented on the basis of:
Types
Application Security, Cloud Security, Content Security, Endpoint Security, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical & Chemical Manufactures, Medical Device Companies, Health Insurance Companies, Hospitals & Clinics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- WhiteHat Security
- Axway
- Biscom Incorporated
- Booz Allen Hamilton
- CISCO
- Computer Sciences Corporation
- CORL Technologies
- FireEye
- Flexera
- ForgeRock
- General Electric
- IBM
- Lockheed Martin Corporation
- McAfee
- Northrop Grumman Corporation
- Palo Alto Networks
- SENSATO
- Symantec Corporation
- Trend Micro Incorporated
Highlights of The Cyber Security in Healthcare Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Application Security
- Cloud Security
- Content Security
- Endpoint Security
- Other
- By Application:
- Pharmaceutical & Chemical Manufactures
- Medical Device Companies
- Health Insurance Companies
- Hospitals & Clinics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cyber Security in Healthcare Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cybersecurity in healthcare refers to the protection of electronic health information (EHI) from unauthorized access, use, or disclosure. Healthcare organizations must take measures to protect EHI from cyberattacks that could result in the theft of patient data or disruption of medical services. Cybersecurity protocols can include firewalls and intrusion detection/prevention systems, as well as training for employees who handle EHI.
Some of the key players operating in the cyber security in healthcare market are WhiteHat Security, Axway, Biscom Incorporated, Booz Allen Hamilton, CISCO, Computer Sciences Corporation, CORL Technologies, FireEye, Flexera, ForgeRock, General Electric, IBM, Lockheed Martin Corporation, McAfee, Northrop Grumman Corporation, Palo Alto Networks, SENSATO, Symantec Corporation, Trend Micro Incorporated.
The cyber security in healthcare market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cyber Security in Healthcare Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cyber Security in Healthcare Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cyber Security in Healthcare Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cyber Security in Healthcare Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cyber Security in Healthcare Market Size & Forecast, 2018-2028
4.5.1 Cyber Security in Healthcare Market Size and Y-o-Y Growth
4.5.2 Cyber Security in Healthcare Market Absolute $ Opportunity
Chapter 5 Global Cyber Security in Healthcare Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cyber Security in Healthcare Market Size Forecast by Type
5.2.1 Application Security
5.2.2 Cloud Security
5.2.3 Content Security
5.2.4 Endpoint Security
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cyber Security in Healthcare Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cyber Security in Healthcare Market Size Forecast by Applications
6.2.1 Pharmaceutical & Chemical Manufactures
6.2.2 Medical Device Companies
6.2.3 Health Insurance Companies
6.2.4 Hospitals & Clinics
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cyber Security in Healthcare Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cyber Security in Healthcare Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cyber Security in Healthcare Analysis and Forecast
9.1 Introduction
9.2 North America Cyber Security in Healthcare Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cyber Security in Healthcare Market Size Forecast by Type
9.6.1 Application Security
9.6.2 Cloud Security
9.6.3 Content Security
9.6.4 Endpoint Security
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cyber Security in Healthcare Market Size Forecast by Applications
9.10.1 Pharmaceutical & Chemical Manufactures
9.10.2 Medical Device Companies
9.10.3 Health Insurance Companies
9.10.4 Hospitals & Clinics
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cyber Security in Healthcare Analysis and Forecast
10.1 Introduction
10.2 Europe Cyber Security in Healthcare Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cyber Security in Healthcare Market Size Forecast by Type
10.6.1 Application Security
10.6.2 Cloud Security
10.6.3 Content Security
10.6.4 Endpoint Security
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cyber Security in Healthcare Market Size Forecast by Applications
10.10.1 Pharmaceutical & Chemical Manufactures
10.10.2 Medical Device Companies
10.10.3 Health Insurance Companies
10.10.4 Hospitals & Clinics
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cyber Security in Healthcare Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cyber Security in Healthcare Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cyber Security in Healthcare Market Size Forecast by Type
11.6.1 Application Security
11.6.2 Cloud Security
11.6.3 Content Security
11.6.4 Endpoint Security
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cyber Security in Healthcare Market Size Forecast by Applications
11.10.1 Pharmaceutical & Chemical Manufactures
11.10.2 Medical Device Companies
11.10.3 Health Insurance Companies
11.10.4 Hospitals & Clinics
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cyber Security in Healthcare Analysis and Forecast
12.1 Introduction
12.2 Latin America Cyber Security in Healthcare Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cyber Security in Healthcare Market Size Forecast by Type
12.6.1 Application Security
12.6.2 Cloud Security
12.6.3 Content Security
12.6.4 Endpoint Security
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cyber Security in Healthcare Market Size Forecast by Applications
12.10.1 Pharmaceutical & Chemical Manufactures
12.10.2 Medical Device Companies
12.10.3 Health Insurance Companies
12.10.4 Hospitals & Clinics
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cyber Security in Healthcare Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cyber Security in Healthcare Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cyber Security in Healthcare Market Size Forecast by Type
13.6.1 Application Security
13.6.2 Cloud Security
13.6.3 Content Security
13.6.4 Endpoint Security
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cyber Security in Healthcare Market Size Forecast by Applications
13.10.1 Pharmaceutical & Chemical Manufactures
13.10.2 Medical Device Companies
13.10.3 Health Insurance Companies
13.10.4 Hospitals & Clinics
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cyber Security in Healthcare Market: Competitive Dashboard
14.2 Global Cyber Security in Healthcare Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WhiteHat Security
14.3.2 Axway
14.3.3 Biscom Incorporated
14.3.4 Booz Allen Hamilton
14.3.5 CISCO
14.3.6 Computer Sciences Corporation
14.3.7 CORL Technologies
14.3.8 FireEye
14.3.9 Flexera
14.3.10 ForgeRock
14.3.11 General Electric
14.3.12 IBM
14.3.13 Lockheed Martin Corporation
14.3.14 McAfee
14.3.15 Northrop Grumman Corporation
14.3.16 Palo Alto Networks
14.3.17 SENSATO
14.3.18 Symantec Corporation
14.3.19 Trend Micro Incorporated
