The North America Healthcare Cyber Security Market would witness market growth of 14.8% CAGR during the forecast period (2021-2027).
The healthcare industry is one of the highly regulated industries of the US because of the privacy and security concerns related to digital patient records. Norms like the Health Information Technology for Economic and Clinical Health (HITECH) Act and Health Insurance Portability and Accountability Act (HIPAA) are spurring the penetration rates of cybersecurity solutions across the healthcare industry of the U.S.
In recent years, in March 2019, more than 12 healthcare industry organizations and groups issued a proposal to the FDA for updating the regulations for the cybersecurity of premarket medical devices. These kinds of initiatives are expected to help the regional healthcare cyber security market to grow further. Moreover, healthcare firms around the US remain the main targets of cyberattacks and threats, which are constantly compromising patient security. The 2019 HIMSS Cybersecurity Survey reported that the majority of the cases are initiated by persons with malicious persons who utilize e-mail to penetrate the systems.
Moreover, the HIPPA notes that in March 2019, around 1 million individuals in the US faced data breaches in their medical files. This is majorly responsible for a substantial rise in data breach costs, where the aggregate cost of a data breach is USD 8.19 million per record. The growth of the market is further driven by a few vulnerabilities that unintentionally enter the devices, servers, and software or patches. In the case of GE Aestive and Aespire Anesthesia devices that are utilized in the US hospitals, inaccurate authentication vulnerability was recognized in June 2019, which can enable a remote attacker to change the parameters of a vulnerable device and stop the alarm system. Therefore, these factors are likely to create new growth avenues for the regional healthcare cyber security market during the forecasting period.
The growth of healthcare cyber security would witness bright prospects due to the surge in the number of cyberattacks in the healthcare sector, increase in the number of threats, and growing concerns regarding privacy and security. The growing cases of data breaches and cyberattacks around the world have increased the concerns, hence boosting the demand for cyber security solutions in the market.
The US market dominated the North America Advanced Persistent Threat Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1431.9 million by 2027. The Canada market is experiencing a CAGR of 17.9% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 16.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Healthcare Cyber Security Market is Estimated to reach $28.4 Billion by 2027, at a CAGR of 16.3%
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
- Malware
- DDoS
- Advanced Persistent Threat
- Spyware
- Lost or Stolen Devices
- Others
By End Use
- Hospitals
- Health Insurance
- Pharma & Chemicals
- Medical Devices
- 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
- Other Solutions
By Country
- US
- Canada
- Mexico
- Rest of North America
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.
- Sensato
- Symantec Corporation (Broadcom, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Healthcare Cyber Security Market, by Threat Type
1.4.2 North America Healthcare Cyber Security Market, by End Use
1.4.3 North America Healthcare Cyber Security Market, by Solution
1.4.4 North America Healthcare Cyber Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions - Healthcare Cyber Security Market
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
Chapter 4. North America Healthcare Cyber Security Market by Threat Type
4.1 North America Malware Market by Country
4.2 North America DDoS Market by Country
4.3 North America Advanced Persistent Threat Market by Country
4.4 North America Spyware Market by Country
4.5 North America Lost or Stolen Devices Market by Country
4.6 North America Other Threat Type Market by Country
Chapter 5. North America Healthcare Cyber Security Market by End Use
5.1 North America Hospitals Healthcare Cyber Security Market by Country
5.2 North America Health Insurance Market by Country
5.3 North America Pharma & Chemicals Market by Country
5.4 North America Medical Devices Market by Country
5.5 North America Other End uses Market by Country
Chapter 6. North America Healthcare Cyber Security Market by Solution
6.1 North America Antivirus and Antimalware Healthcare Cyber Security Market by Country
6.2 North America Intrusion Detection System/ Intrusion Prevention System Healthcare Cyber Security Market by Country
6.3 North America Security Information and Event Management Healthcare Cyber Security Market by Country
6.4 North America Identity and Access Management Healthcare Cyber Security Market by Country
6.5 North America Risk and Compliance Management Healthcare Cyber Security Market by Country
6.6 North America DDoS Mitigation Healthcare Cyber Security Market by Country
6.7 North America Others Healthcare Cyber Security Market by Country
Chapter 7. North America Healthcare Cyber Security Market by Country
7.1 US Healthcare Cyber Security Market
7.1.1 US Healthcare Cyber Security Market by Threat Type
7.1.2 US Healthcare Cyber Security Market by End Use
7.1.3 US Healthcare Cyber Security Market by Solution
7.2 Canada Healthcare Cyber Security Market
7.2.1 Canada Healthcare Cyber Security Market by Threat Type
7.2.2 Canada Healthcare Cyber Security Market by End Use
7.2.3 Canada Healthcare Cyber Security Market by Solution
7.3 Mexico Healthcare Cyber Security Market
7.3.1 Mexico Healthcare Cyber Security Market by Threat Type
7.3.2 Mexico Healthcare Cyber Security Market by End Use
7.3.3 Mexico Healthcare Cyber Security Market by Solution
7.4 Rest of North America Healthcare Cyber Security Market
7.4.1 Rest of North America Healthcare Cyber Security Market by Threat Type
7.4.2 Rest of North America Healthcare Cyber Security Market by End Use
7.4.3 Rest of North America Healthcare Cyber Security Market by Solution
Chapter 8. Company Profiles
8.1 Cisco Systems, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.1 Recent strategies and developments:
8.1.1.1 Partnerships, Collaborations and Agreements:
8.1.1.2 Product launches and Product Expansions:
8.1.1.3 Acquisition and Mergers:
8.1.2 SWOT Analysis
8.2.5.1 Partnerships, Collaborations and Agreement:
8.2.5.2 Acquisitions and Mergers:
8.2.5.3 Product Launches and Product Expansions:
8.3 FireEye, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Partnerships, Collaborations, and Agreements:
8.4 Palo Alto Networks, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Partnerships, Collaborations, and Agreements:
8.4.6 SWOT Analysis
8.5 Lockheed Martin Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.6 Kaspersky
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Product Launches and Product Expansions:
8.7 Fortified Health Security
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 Sensato Cybersecurity Solutions
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.9 Broadcom, Inc. (Symentec Corporation)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Geographical Expansions:
8.9.6 SWOT Analysis
TABLE 1 North America Healthcare Cyber Security Market, 2017 - 2020, USD Million
TABLE 2 North America Healthcare Cyber Security Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Healthcare Cyber Security Market
TABLE 4 Product Launches And Product Expansions– Healthcare Cyber Security Market
TABLE 5 Acquisition and Mergers– Healthcare Cyber Security Market
TABLE 6 Geographical Expansions - Healthcare Cyber Security Market
TABLE 7 North America Healthcare Cyber Security Market by Threat Type, 2017 - 2020, USD Million
TABLE 8 North America Healthcare Cyber Security Market by Threat Type, 2021 - 2027, USD Million
TABLE 9 North America Malware Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Malware Market by Country, 2021 - 2027, USD Million
TABLE 11 North America DDoS Market by Country, 2017 - 2020, USD Million
TABLE 12 North America DDoS Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Advanced Persistent Threat Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Advanced Persistent Threat Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Spyware Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Spyware Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Lost or Stolen Devices Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Lost or Stolen Devices Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Other Threat Type Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Other Threat Type Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Healthcare Cyber Security Market by End Use, 2017 - 2020, USD Million
TABLE 22 North America Healthcare Cyber Security Market by End Use, 2021 - 2027, USD Million
TABLE 23 North America Hospitals Healthcare Cyber Security Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Hospitals Healthcare Cyber Security Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Health Insurance Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Health Insurance Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Pharma & Chemicals Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Pharma & Chemicals Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Medical Devices Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Medical Devices Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Other End uses Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Other End uses Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Healthcare Cyber Security Market by Solution, 2017 - 2020, USD Million
TABLE 34 North America Healthcare Cyber Security Market by Solution, 2021 - 2027, USD Million
TABLE 35 North America Antivirus and Antimalware Healthcare Cyber Security Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Antivirus and Antimalware Healthcare Cyber Security Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Intrusion Detection System/ Intrusion Prevention System Healthcare Cyber Security Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Intrusion Detection System/ Intrusion Prevention System Healthcare Cyber Security Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Security Information and Event Management Healthcare Cyber Security Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Security Information and Event Management Healthcare Cyber Security Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Identity and Access Management Healthcare Cyber Security Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Identity and Access Management Healthcare Cyber Security Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Risk and Compliance Management Healthcare Cyber Security Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Risk and Compliance Management Healthcare Cyber Security Market by Country, 2021 - 2027, USD Million
TABLE 45 North America DDoS Mitigation Healthcare Cyber Security Market by Country, 2017 - 2020, USD Million
TABLE 46 North America DDoS Mitigation Healthcare Cyber Security Market by Country, 2021 - 2027, USD Million
TABLE 47 North America Others Healthcare Cyber Security Market by Country, 2017 - 2020, USD Million
TABLE 48 North America Others Healthcare Cyber Security Market by Country, 2021 - 2027, USD Million
TABLE 49 North America Healthcare Cyber Security Market by Country, 2017 - 2020, USD Million
TABLE 50 North America Healthcare Cyber Security Market by Country, 2021 - 2027, USD Million
TABLE 51 US Healthcare Cyber Security Market, 2017 - 2020, USD Million
TABLE 52 US Healthcare Cyber Security Market, 2021 - 2027, USD Million
TABLE 53 US Healthcare Cyber Security Market by Threat Type, 2017 - 2020, USD Million
TABLE 54 US Healthcare Cyber Security Market by Threat Type, 2021 - 2027, USD Million
TABLE 55 US Healthcare Cyber Security Market by End Use, 2017 - 2020, USD Million
TABLE 56 US Healthcare Cyber Security Market by End Use, 2021 - 2027, USD Million
TABLE 57 US Healthcare Cyber Security Market by Solution, 2017 - 2020, USD Million
TABLE 58 US Healthcare Cyber Security Market by Solution, 2021 - 2027, USD Million
TABLE 59 Canada Healthcare Cyber Security Market, 2017 - 2020, USD Million
TABLE 60 Canada Healthcare Cyber Security Market, 2021 - 2027, USD Million
TABLE 61 Canada Healthcare Cyber Security Market by Threat Type, 2017 - 2020, USD Million
TABLE 62 Canada Healthcare Cyber Security Market by Threat Type, 2021 - 2027, USD Million
TABLE 63 Canada Healthcare Cyber Security Market by End Use, 2017 - 2020, USD Million
TABLE 64 Canada Healthcare Cyber Security Market by End Use, 2021 - 2027, USD Million
TABLE 65 Canada Healthcare Cyber Security Market by Solution, 2017 - 2020, USD Million
TABLE 66 Canada Healthcare Cyber Security Market by Solution, 2021 - 2027, USD Million
TABLE 67 Mexico Healthcare Cyber Security Market, 2017 - 2020, USD Million
TABLE 68 Mexico Healthcare Cyber Security Market, 2021 - 2027, USD Million
TABLE 69 Mexico Healthcare Cyber Security Market by Threat Type, 2017 - 2020, USD Million
TABLE 70 Mexico Healthcare Cyber Security Market by Threat Type, 2021 - 2027, USD Million
TABLE 71 Mexico Healthcare Cyber Security Market by End Use, 2017 - 2020, USD Million
TABLE 72 Mexico Healthcare Cyber Security Market by End Use, 2021 - 2027, USD Million
TABLE 73 Mexico Healthcare Cyber Security Market by Solution, 2017 - 2020, USD Million
TABLE 74 Mexico Healthcare Cyber Security Market by Solution, 2021 - 2027, USD Million
TABLE 75 Rest of North America Healthcare Cyber Security Market, 2017 - 2020, USD Million
TABLE 76 Rest of North America Healthcare Cyber Security Market, 2021 - 2027, USD Million
TABLE 77 Rest of North America Healthcare Cyber Security Market by Threat Type, 2017 - 2020, USD Million
TABLE 78 Rest of North America Healthcare Cyber Security Market by Threat Type, 2021 - 2027, USD Million
TABLE 79 Rest of North America Healthcare Cyber Security Market by End Use, 2017 - 2020, USD Million
TABLE 80 Rest of North America Healthcare Cyber Security Market by End Use, 2021 - 2027, USD Million
TABLE 81 Rest of North America Healthcare Cyber Security Market by Solution, 2017 - 2020, USD Million
TABLE 82 Rest of North America Healthcare Cyber Security Market by Solution, 2021 - 2027, USD Million
TABLE 83 Key Information – Cisco Systems, Inc.
TABLE 85 Key Information – FireEye, Inc.
TABLE 86 Key Information – Palo Alto Networks, Inc.
TABLE 87 Key Information – Lockheed Martin Corporation
TABLE 88 Key Information – Kaspersky
TABLE 89 Key Information – Fortified Health Security
TABLE 90 Key Information – Sensato Cybersecurity Solutions
TABLE 91 Key Information – Broadcom, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 Recent strategies and developments: Cisco Systems, Inc.
FIG 6 SWOT Analysis: Cisco Systems, Inc.
FIG 7 Recent strategies and developments: Ibm corporation
FIG 9 Recent strategies and developments: Fireeye, Inc.
FIG 10 Recent strategies and developments: Palo Alto Networks, Inc.
FIG 11 SWOT Analysis: Palo Alto Networks, Inc.
FIG 12 Recent strategies and developments: Kaspersky Lab
FIG 13 Recent strategies and developments: Sensato
FIG 14 SWOT Analysis: Broadcom, Inc.