Global Size of Healthcare Cybersecurity Market Projected to Reach USD 51.40 Billion By 2030, at 17.5% CAGR: Polaris Market Research

Polaris Market Research recently published [115+ Pages] research report on “Healthcare Cybersecurity Market Share, Size, Trends, Industry Analysis Report, By Type of Solution; By Type of Threat (Malware, DDoS, Advanced Persistent Threat, Spyware, Lost or Stolen Devices, Others), By End-Use (Pharma & Chemicals, Medical Devices, Health Insurance, Hospitals, Others), By Region; Segment Forecast, 2022 – 2030” in its research database.

According to the research report, the global healthcare cybersecurity market size was valued at USD 12.66 billion in 2021 and is expected to reach USD 51.40 Billion by 2030growing at a CAGR of 17.5% during the forecast period.

What is Healthcare Cybersecurity? How Big is Healthcare Cybersecurity Market Size?

Healthcare cybersecurity helps in protecting electronic information, tools, assets, and techniques from unauthorized access and disclosure. The major aim of cybersecurity is to prevent the confidentiality, integrity, and availability of information. These solutions provide safeguards to healthcare firms that be more than most businesses.

Healthcare cyber securities are accountable for the prevention of private financial and medical data of their employees and patients, which is vulnerable to security attacks and threats. Up surging in the number of cyber-attacks and the rising acceptance of mobile device applications and platforms are propelling the healthcare cybersecurity market size over the assessment period.

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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology .)

Key Highlights of the Report

  • A detailed analysis of the market and sub-market forecast
  • Extensive details and analysis of contracts, projects, and programs
  • Analysis of technological trends and how these shape the industry
  • The in-depth description of technical factors and political regulatory
  • Outline of leading companies operating within the sector
  • SWOT analysis of the major key players operating in the market, together with the opportunities available and the key threads faces

Some of the Top Market Players Are:

  • Broadcom Inc.
  • Checkpoint Software Technologies Ltd.
  • Cisco Systems Inc.
  • Crowdstrike Holdings Inc.
  • FireEye Inc.
  • Fortified Health Security
  • Fortinet Inc.
  • IBM Corp.
  • imperva
  • Intel Corporation
  • Juniper Networks Inc.
  • Kaspersky Lab
  • Lockheed Martin Corp.
  • LogRhythm Inc.
  • McAfee LLC
  • Medigate
  • Northrop Grumman Corporation
  • NortonLifeLock Inc.
  • Palo Alto Networks
  • Sensato Cybersecurity Solutions
  • Sophos ltd.

To Know Additional Information on Market Players, Download Sample PDF Brochure

Growth Driving Factors

The healthcare cybersecurity industry is anticipated to propel during the assessment period due to rising awareness about cybersecurity in medical fields. The rising acceptance of cloud-based solutions in the healthcare industry, increasing acceptance of connected gadgets and smartphones, and acceptance of 5G technology are anticipated to boost the healthcare cybersecurity market share over the forecast period.

Moreover, rising awareness about the availability of advanced solutions of cybersecurity that provide prevention in case of viruses and unauthorized access is predicted to drive the market over the foreseen period. Healthcare cybersecurity solutions demand is expected to rise owing to a spike in evolving digital economies, such as China and India. Growing acceptance of advanced cybersecurity solutions is expected to fuel the healthcare cybersecurity market demand.

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Recent Developments

  • In December 2021, HHS launched a website for the 405(d) Program, which is comprised of a task force focused on aligning healthcare cybersecurity approaches across the sector.
  • In February 2020, GE Healthcare introduced a new cybersecurity service offering that brings together medical device expertise, artificial intelligence, and process management tools to help hospital groups in their fight against cybersecurity threats.

Segment Analysis

  • The malware segment accounted for the highest market share

On the basis of the type of threat segment, the healthcare cybersecurity market segmentations are classified into several sub-segments. Out of all the malware segment is considered the highest market share in 2021 and is anticipated to maintain its dominance over the early period. The factors responsible for the segment’s dominance are there are several cybersecurity challenges, and ransomware is software that infects computers and encrypts data until a ransom is paid.

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Geographic Overview

  • North America is accounted for the significant market share

On a geographical basis, the North American region is anticipated to account for the highest market share over the foreseen period. The region is anticipated to dominate due to the existence of various prominent players in the area, which are aiming the advanced delivery solutions for all the industries in the region. Also, the growing risk of cyberattacks has sparked a surge in interest in cybersecurity in the United States.

Moreover, Asia-Pacific is anticipated to consider the highest market share. The factors accountable for the region’s dominance are the crucial player’s technological advancements and advanced security launch systems for healthcare during the assessment period.

Browse the Detail Report “Healthcare Cybersecurity Market Share, Size, Trends, Industry Analysis Report, By Type of Solution; By Type of Threat (Malware, DDoS, Advanced Persistent Threat, Spyware, Lost or Stolen Devices, Others), By End-Use (Pharma & Chemicals, Medical Devices, Health Insurance, Hospitals, Others), By Region; Segment Forecast, 2022 – 2030” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/healthcare-cybersecurity-market

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Key Questions Answered in The Report Include:

  • What are the key factors driving the healthcare cybersecurity market?
  • What are the business growth strategies adopted by developed and developing regions?
  • What are the key outcomes of the five forces analysis?
  • Who are the leading players active in the healthcare cybersecurity industry?
  • What’s the competition in this industry, both company, and country-wise?

Polaris Market Research has segmented the healthcare cybersecurity market report on the basis of type of solution, type of threat, end-use, and region:

By Type of Solution Outlook

  • Identity and Access Management
  • Risk and Compliance Management
  • Antivirus and Antimalware
  • DDoS Mitigation
  • Security Information and Event Management
  • Intrusion Detection System/ Intrusion Prevention System
  • others

By Type of Threat Outlook

  • Identity and Access Management
  • Risk and Compliance Management
  • Antivirus and Antimalware
  • DDoS Mitigation
  • Security Information and Event Management
  • Intrusion Detection System/ Intrusion Prevention System
  • others

By End Use Outlook

  • Pharmaceuticals & Chemicals
  • Medical Devices
  • Health Insurance
  • Hospitals
  • others

By Region Outlook

  • Pharmaceuticals & Chemicals
  • Medical Devices
  • Health Insurance
  • Hospitals
  • others

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

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