Healthcare Cyber Security Market Technology Capacity, Production, Value, Share and Development plans in future till 2023
Global “Healthcare Cyber Security Market” is expected to register a healthy CAGR over the forecast period. The market held a market value of USD 5,362.1 million in 2017 and is projected to grow at a CAGR of 15.3% during the forecast period.
Healthcare Cyber Security Market Scenario 2019
Cybersecurity, also known as information technology security or computer security is a body of technologies, processes, and practices designed to protect networks, computers, programs, and data from unauthorized access and damage or attack.
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Rising need for cybersecurity in the healthcare vertical as patients are often dealing with life-threatening conditions, exchanging large amounts of money and financial information, and must have their privacy protected for medical records.
The global healthcare cyber security market has been segmented into threat type, solution type, end user, and region.
By threat type, the market has been segmented into malware, spyware, distributed denial-of-service (DDoS), advanced persistent threat (APT), and others.
On the basis of solution type, the market has been divided into antivirus and antimalware, identity and access management, risk and compliance management, DDoS mitigation, security information and event management (SIEM), and intrusion detection system (IDS)/intrusion prevention system (IPS).
Based on end user, the market has been categorized into pharmaceuticals and biotechnology industries, medical devices companies, health insurance companies, hospitals and clinics, and others.
Some of the spearheading players in the global healthcare cyber security market are
- International Business Machines Corporation
- Cisco Systems Inc.
- McAfee LLC
- Symantec Corporation
- FireEye Inc.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Palo Alto Networks Inc.
- Trend Micro Incorporated
- DXC Technology Company
- and Booz Allen Hamilton Inc.
On the contrary, the scarcity of skilled professionals and a dearth of awareness about cybersecurity in the healthcare sector are anticipated to impede the market growth over the forecast period.
The emergence of innovative healthcare cybersecurity technologies such as next-generation firewalls (NGFWs), blockchain technology, the kill chain, and FortiGuard AI (artificial intelligence) would be a game changer of the market in the near future.
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