Published Date: 24-Nov-2021
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According to a new report Global Healthcare Cyber Security Market, published by KBV research, The Global Healthcare Cyber Security Market size is expected to reach $28.4 billion by 2027, rising at a market growth of 16.3% CAGR during the forecast period.
The hospital segment acquired the maximum revenue share of the healthcare cyber security market in 2020. Hospitals are highly prone to cyberattacks as it saves a massive amount of patient data. Additionally, these attacks were increased during the pandemic, thereby hampering private data and patient care. As a result, the adoption of cyber security solutions has been increased.
The antivirus and antimalware segment procured the maximum revenue share of the healthcare cyber security market in 2020. Several solutions have been designed to address the growing menace of various types of threats. A few main solutions include identity and access management, Security Information and Event Management (SIEM), risk and compliance management, and Intrusion Detection System (IDS)/Intrusion Prevention System (IPS), data encryption software, antivirus, firewalls, antimalware software, and others.
The APAC region is likely to exhibit a promising growth rate in the healthcare cyber security market during the forecast period. Factors such as high adoption rate and penetration rate are responsible for the growth of the regional market. In addition, the market growth is further fueled by the increasing digitalization and acceptance of Electronic Health Records (EHRs), telemedicine, and wireless medical devices. Moreover, a rise in the number of cyberattacks in the region would boost the growth of the market during the forecast years.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.).
By Threat Type
By End Use
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