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Global Cyber Security in Healthcare Market Estimated to Surpass USD 24.56 Billion by 2026

21-Sep-2021 | Facts and Factors

As per a recently issued market research report by Facts & Factors, the global cyber security in healthcare market was about USD 11.78 Billion in 2020, with sales value projected to hit around USD 24.56 Billion by the end of 2026 and expected to register 16.80% CAGR during 2021-2026.

Cyber security is a combination of technologies, process elements, and controls that have the ability to stop any form of unwarranted or unauthorized usage for instigating the personal data of any user. Additionally, the integration of cyber security in healthcare helps connecting doctors, nurses, and support teams for providing critical care to the patients. The primary driving factors for the significant rise of global cyber security in healthcare market are increasing threats from cyber-attacks into hospitals networks coupled with rising applications that arise from increased usage of telehealth applications to name a few.

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Additionally, the increasing number of mobile device frauds, the rising cybersecurity measures, and integration of the internet of things (IoT) will further increase the footprint of the global cyber security in healthcare market during the forecast period. Security risks often associated with stealing, mining, and theft of data will open new revenue streams for the global cyber security in healthcare market during the forecast period.

The key market participants for the global cyber security in healthcare market are Booz Allen Hamilton, Inc., IMB Corporation, Sophos, Juniper Networks, Inc., Fortinet, Inc., Intel Corporation, LogRhythm, Inc., NortonLifeLock, Inc., Crowdstrike Holdings, Inc., and Medigate among others.

Market Dynamics

The global cyber security in healthcare market can be broken down into ransomware, malware & spyware, distributed denial-of-service (DDoS), advanced persistent threat (APT), and phishing & spear phishing on the basis of threat type. The segment pertaining to ransomware is expected to witness the largest market share during the advent of the forecast owing to the latter format being the preferred sense of initializing attacks for unwarranted usage coupled with the rising consumer software among others.

The global cyber security in healthcare market can be segmented into solutions and services on the basis of offering. The segment pertaining to solutions is expected to witness the largest market share during the advent of the forecast owing to the increasing demand for advanced security measures coupled with rising privacy and data concerns to name a few.

North America is Expected to dominate the During the Forecast Period

North America is expected to witness the largest market share during the advent of the forecast owing to the rising digitalization of healthcare facilities coupled with the rising prevalence of cyber security attacks to name a few. Additionally, the increasing technological advances coupled with rising awareness among consumers for early detection will increase the footprint of cyber security in healthcare market during the forecast period. Increasing usage of the mHealth applications will open new revenue streams for cyber security in healthcare market during the forecast duration.

Browse in full “Cyber Security in Healthcare Market By Threat Type ( Ransomware, Malware & Spyware, Distributed Denial-Of-Service (DDoS), Advanced Persistent Threat (APT), & Phishing & Spear Phishing), By Offering (Solutions & Services), By Security (Network Security, Endpoint Security, Content Security, Cloud Security, &Application Security), By End-Users (Pharmaceutical Industries, Biotechnology Industries, Hospitals, Medical Device Companies, Health Insurance Companies, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” report at https://www.fnfresearch.com/cyber-security-in-healthcare-market-by-deployment-on

The global cyber security in healthcare market can be segmented into:

Global Cyber Security in Healthcare Market: By Threat Type Segment Analysis

  • Ransomware
  • Malware & Spyware
  • Distributed Denial-Of-Service (DDoS)
  • Advanced Persistent Threat (APT)
  • Phishing & Spear Phishing

Global Cyber Security in Healthcare Market: By Offering Segment Analysis

  • Solutions
  • Services

Global Cyber Security in Healthcare Market: By Security Segment Analysis

  • Network Security
  • Endpoint Security
  • Content Security
  • Cloud Security
  • Application Security

Global Cyber Security in Healthcare Market: By End-Users Segment Analysis

  • Pharmaceutical Industries
  • Biotechnology Industries
  • Hospitals
  • Medical Device Companies
  • Health Insurance Companies
  • Others

Global Cyber Security in Healthcare Market: By Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

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