Network Security

Healthcare cybersecurity market to reach $57.25 billion by

Healthcare cybersecurity market to reach .25 billion by
Written by ga_dahmani
Healthcare cybersecurity market to reach .25 billion by

Portland, OR, April 11, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global market healthcare cybersecurity market generated $12.85 billion in 2020, and is projected to reach $57.25 billion by 2030, manifesting a CAGR of 16.3% from 2021 to 2030. The report offers extensive analysis of changing market trends, value chain, the main segments, the main investment pockets and the regional scenarios. and competitive landscape.

The increase in the number of cyber attacks and the increase in the demand for cloud services are driving the growth of the global healthcare cybersecurity market. In addition, regulatory and government policies that encourage the healthcare business to strengthen their security standards have a favorable impact on the growth of the healthcare cybersecurity market. In contrast, the high cost of installing healthcare cybersecurity solutions impedes market growth. However, the increase in digital dependency and industry 4.0 trends present new opportunities in the coming years.

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Covid-19 scenario:

  • Today more than ever, healthcare professionals need to protect their information and medical equipment. The rise of IoT and cloud devices in the healthcare business has increased the potential for a cyber attack during the pandemic.
  • The demand for healthcare cyber security solutions is growing as the threat landscape expands and hackers develop incredibly advanced tools and techniques to attack healthcare companies, gain access to data and hold onto data. data and networks for ransom (ransomware attacks).

Get a detailed analysis of the impact of COVID-19 on the healthcare cybersecurity market:

The report provides detailed segmentation of the global Healthcare Cybersecurity Market on the basis of component, security type, and region.

Based on component, the solutions segment contributed the largest market share in 2020, accounting for around two-thirds of the total share, and is anticipated to continue its leading position over the forecast period. However, the services segment is projected to grow at the highest CAGR of 17.8% between 2021 and 2030.

Based on security type, the network security segment accounted for the largest share in 2020, with more than two-fifths of the global market. health cyber security industry, and is projected to maintain its leadership status throughout the forecast period. However, the Application Security segment is estimated to show the highest CAGR of 17.8% between 2021 and 2030. The report also includes an analysis of the Device Security segment.

Based on the region, North America had the highest share in 2020, contributing almost a third of the total share. However, Asia-Pacific is expected to post the fastest CAGR of 17.8% during the forecast period and is estimated to dominate the market share in terms of revenue by 2030.

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Major global cyber healthcare security market players analyzed in the research include Palo Alto Networks, Inc., Northrop Grumma Corporation, Symantec Corporation, Sensato Investors, Cisco Systems, Inc., IBM Corporation, FireEye, Inc., Lockheed Martin Corporation, Kaspersky Lab and MACAFEE, INC.

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