Global Healthcare Cyber Security Market Size is estimated to expand rapidly in coming years, at a CAGR of 21.6 % from 2018 to 2027. In 2017, the global market valuation was USD 9.1 billion, and it is anticipated to be greater than USD xx.xx billion by 2027. Healthcare's cyber security sector includes the introduction by healthcare organizations of cyber security technologies and services to avoid data breaches and cyber attacks in their hospitals and laboratories. The service area includes consultancy, development & implementation, risk assessment and training costs for end-users. The technology field covers the delivery of cyber security technologies in the fields of healthcare, intrusion prevention, business continuity and disaster recuperation, cloud & data centers, data loss protection, Identification & access control, mobile devices, and cyber security applications for risk & enforcement management across healthcare organizations.

Global Market Growth Opportunities (Revenue, Growth) By 2018-2027

In the coming years, technical progress over cyber security healthcare solutions will fuel industry growth. Key industry players focus on introducing cyber-security software innovations that help provide commendable safety for both scientific and medical information. Technology previously developed was less effective and obsolete. Cyber-security software recently introduced is effective, offering the highest possible security, enabling the sharing of information over large networks. The high cost of cyber security solutions could, however, in a certain way limit industrial growth.

Increase the frequency of cyber attacks and increasing demand for cloud services drive the needs of advanced cyber security solutions through supportive government regulations and initiatives to protect patient information from data breaches. The lack of skilled professionals, however, is to some degree restricting market growth.

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global healthcare cyber security market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global healthcare cyber security market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Methodology:

The analysis of the report is carried on various primary and secondary data sources. The primary sources include conduction interviews with numerous industry analysts, suppliers, distributors, and other involved professionals. The secondary sources include a review of statistical data from press releases, government websites, annual reports of the companies, and other relevant documents.

During interviews, these primary and secondary sources provide exclusive information, which acts as a validation from global healthcare cyber security market leaders. Access to an extensive internal repository and external proprietary databases helps this study to address questions and details regarding the market. Also, the report uses the top-down approach to assess the figures for each segment and to counter-validate them with the bottom-up approach.

We have covered two proprietary models in the healthcare cyber security report, the FPNV Positioning Matrix and the Competitive Strategic Window and. The FPNV Positioning Matrix analyses players’ competitive marketplace in terms of product satisfaction and business strategy they follow to sustain in the market. In terms of applications, markets, and geographies, the Competitive Strategic Window analyses the competitive landscape.

Segment Analysis

By Type of Threat Insights: On the basis of type of threat, global healthcare cyber security market has been segmented into ransomware, malware, DDoS, advanced persistent threat (APT), spyware, lost, stolen devices. Among which ransomware segment has accounted for largest share in the global market of healthcare cyber security. Considerable profits of the ransomware industry can be attributed to the increased exploitation of information generated by the use of this malicious software. Hackers prefer Ransomware as it encrypts valuable data and gives unregistered users access. Therefore, once a malware is compromised in the hospital system, access to patient data that leads to problems is declined. The use of cyber security solutions is therefore growing in order to protect information.

By Deployment Type Insights: On the basis of deployment type, global healthcare cyber security market has been segmented into on-premises, and cloud-based. Among which on-premises segment has accounted for largest share in the global market of healthcare cyber security. Software on-premises offer credible protection for the in-house data and therefore relies on it in private hospitals and research institutes. However, high on-site software licensing costs could affect the speed of segmental growth.

Regional Analysis

The healthcare cyber security market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.

Global Healthcare Cyber Security Market Size, Share Analysis by Region 2018

North America retained the largest share of cyber security in healthcare in 2014, with the European penetration of advanced hospitals and healthcare services, high health information technology investment, the presence in the region of leading pharmaceutical and medical device firms, and Government initiatives that have guided the development of healthcare. The increasing demand for healthcare cyber security technology has increased with data breaches in the field. Therefore, in North America, adoption of antivirus security technology is high. In addition, the Canadian government has adopted policies promoting the use, both in public and private hospitals, of cyber security technology.

The market share of Asia Pacific healthcare cyber security will grow significantly during the forecast period due to a growing awareness of the availability of advanced technology. Each year, Asia Pacific developing countries generate large numbers of patient data. Therefore, medical professionals have begun adopting upgraded cyber security technology to boost regional market growth in order to preserve data integrity.

Global Healthcare Cyber Security Market Study Objective

1. To forecast the market size of healthcare cyber security market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of healthcare cyber security market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of healthcare cyber security market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of healthcare cyber security market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the healthcare cyber security market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Cisco Systems, Inc., FireEye, Inc., IBM Corporation, Kaspersky Lab, Lockheed Martin Corporation, MacAfee, Inc., Northrop Grumma Corporation, Palo Alto Networks, Inc., Sensato, and Symantec Corporation are some of the key players in the market of healthcare cyber security. In order for companies to become marketplaces, they are undertaking strategic initiatives in both developed and developing countries, such as fusions and acquisitions, new product development and risk capital investments. Industries invest in technological solutions to improve distribution, front end sales and service to customers.

Global Healthcare Cyber Security Market Study Report Offer You!

The global healthcare cyber security market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.