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The global healthcare cyber security market attained a value of about USD 12,512.62 million in 2023. The market is further expected to grow at a CAGR of 15.40% during the forecast period of 2024-2032 to reach nearly USD 45,415.10 million by 2032.
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The global market for healthcare cyber security is being driven by the robust adoption of digital services in the healthcare sector. As a result of this, there has been a substantial rise in the number of cyber threats such as phishing scam, ransomware attack, among other types of data breach attacks. Thus, the rising adoption of healthcare cyber security to prevent healthcare frauds is propelling the market growth. In addition to this, the outbreak of coronavirus further impelled the healthcare providers to adopt remote patient medical devices that lack proper protection and hence invigorating the market penetration of healthcare cyber security systems. Moreover, owing to the rising market penetration of the Internet of Things (IoT), there has been a rise in the number of connected devices in the healthcare sector, which, in turn, provides unethical hackers to exercise scams, hence furthering the market growth of healthcare cyber security systems.
Healthcare cyber security refers to a system deployed in the healthcare sector like clinics and hospitals to protect the electronic information and assets from unauthorised access, use, and disclosure.
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Based on type, the market can be divided into:
On the basis of security type, the market can be segmented into:
The EMR report looks into the regional markets of healthcare cyber security like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The global market for healthcare cyber security is anticipated to be driven by the rising government investments for the development of cyber security solutions in the healthcare sector. Owing to this, leading players in the industries are constantly developing and upgrading advanced solutions to prevent the risk of cyber-attacks in hospitals, clinics, and other medical institutions, which are expected to propel the market growth in the coming years. Further, the usage of advanced security systems such as authentication solutions including two-factor and multi-factor authentication, biometric solutions like fingerprint scanner, among others driven by advanced digital technologies like Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT), among others are projected to stimulate the market growth of healthcare cyber security over the forecast period.
The report presents a detailed analysis of the following key players in the global healthcare cyber security market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Security Type |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global healthcare cyber security market attained a value of nearly USD 12,512.62 million in 2023.
The market is projected to grow at a CAGR of 15.40% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 45,415.10 million by 2032.
The industry is being driven by the increasing cases of cyber-attacks in the healthcare sector impelling the adoption of a security system to control the cases of data breach, and other ransomware attacks.
The growing usage of digital technology driven authentication solutions such as biometric solutions, two-factor and multi-factor solutions are expected to invigorate the market growth of healthcare cyber security.
The major regional markets for healthcare cyber security are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The various types of healthcare cyber security are service and solution.
The significant security types of healthcare cyber security are application security, cloud security, content security, endpoint security, network security, and wireless security, among others.
The major players in the industry are Cisco Systems, Inc., Fireeye, Inc., IBM Corporation, Kaspersky LAB, and Macafee, Inc., among others.
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