Europe Healthcare Cyber Security Market By Threat Type (Malware, DDoS, Advanced Persistent Threat, Spyware, Lost or Stolen Devices and Others), By End Use (Hospitals, Health Insurance, Pharma & Chemicals, Medical Devices and Other End uses), By Solution (Antivirus and Antimalware, Intrusion Detection System/ Intrusion Prevention System, Security Information and Event Management, Identity and Access Management, Risk and Compliance Management, DDoS Mitigation and Other Solutions), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Europe Healthcare Cyber Security Market would witness market growth of 15.4% CAGR during the forecast period (2021-2027).
Healthcare Cyber Security refers to information technology security or computer security which is a set of technologies, processes, and policies developed to safeguard computers, networks, data, and programs associated with healthcare against unauthorized access and damage or attack. Healthcare Cyber Security Market integrates the deployment of cyber security solutions and services by healthcare institutions to secure their hospital and patient information against data breaches and cyber-attacks.
Companies working in the Healthcare sector are facing several threats from cyber-attacks, and hospitals are investing a large sum to prepare firewalls and safeguard the data of their patients. The Healthcare cybersecurity system assists to safeguard personal information regarding patients and prevention against medical fraud. The growth of the healthcare cybersecurity market would be fueled by the newly launched telemedicine consulting and other online platforms for the treatment of chronic disease patients.
There are numerous initiatives taken by the government across the region for streamlining and securing healthcare facilities, which is anticipated to spur the growth & demand for healthcare cyber security solutions in the regional market. Additionally, there are many non-government organizations that are also helping the government in creating a stronger healthcare system, which would augment the regional growth of the healthcare cyber security market.
The presence of key market players across this region is one of the aspects propelling the growth of the regional healthcare cyber security market. Moreover, a growing number of data breaches and other security concerns have spurred the demand for healthcare cyber security solutions in the regional market. Furthermore, many countries in this region have set aside a particular budget to upgrade their healthcare infrastructure which is expected to create lucrative growth opportunities for the players operating in the regional market.
The Germany market dominated the Europe Health Insurance Market by Country 2020, thereby, achieving a market value of $296.8 million by 2027. The UK market is exhibiting a CAGR of 15% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 16.7% during (2021 - 2027).
Based on Threat Type, the market is segmented into Malware, DDoS, Advanced Persistent Threat, Spyware, Lost or Stolen Devices and Others. Based on End Use, the market is segmented into Hospitals, Health Insurance, Pharma & Chemicals, Medical Devices and Other End uses. Based on Solution, the market is segmented into Antivirus and Antimalware, Intrusion Detection System/ Intrusion Prevention System, Security Information and Event Management, Identity and Access Management, Risk and Compliance Management, DDoS Mitigation and Other Solutions. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., FireEye, Inc., IBM Corporation, Kaspersky Lab, Lockheed Martin Corporation, Fortified Health Security, Palo Alto Networks, Inc., Sensato, and Symantec Corporation (Broadcom, Inc.).
Scope of the Study
Market Segments Covered in the Report:
By Threat Type
- Advanced Persistent Threat
- Lost or Stolen Devices
By End Use
- Health Insurance
- Pharma & Chemicals
- Medical Devices
- Other End uses
- Antivirus and Antimalware
- Intrusion Detection System/ Intrusion Prevention System
- Security Information and Event Management
- Identity and Access Management
- Risk and Compliance Management
- DDoS Mitigation
- Other Solutions
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- FireEye, Inc.
- IBM Corporation
- Kaspersky Lab
- Lockheed Martin Corporation
- Fortified Health Security
- Palo Alto Networks, Inc.
- Symantec Corporation (Broadcom, Inc.)
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