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The Rising Cyber-Attack Cases Are Expected To Propel The Healthcare Cyber Security Market To Over $30 Billion By 2026 As Per The Business Research Company’s Healthcare Cyber Security Global Market Report 2022




TBRC Business Research PVT LTD

TBRC Business Research PVT LTD

The reports have been updated with the most recent impact of the Ukraine-Russia war on market growth for over 27 industries. The reports also offer possible solutions and opportunities to survive this crisis.

LONDON, Oct. 27, 2022 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on the healthcare cybersecurity market, the increase in cases of cyberattacks in healthcare is expected to boost the growth of the healthcare cybersecurity market in the future. The rise of digitization in healthcare has increased the number of cyber attacks in healthcare, which are protected using various healthcare cybersecurity software, resulting in an increase in the demand for cybersecurity health care. For example, according to Emsisoft Ltd, a New Zealand-based antivirus distribution company, in 2020, around 2,354 cyberattacks were recorded in US hospitals, US government agencies, schools and others, where the total number of healthcare institutions the number of cyberattacks was 560. Therefore, the rise in healthcare cyberattack cases is driving the growth of the healthcare cybersecurity market over the past few years. coming years.

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The size of the global healthcare cybersecurity market is expected to grow from $13.18 billion in 2021 to $15.70 billion in 2022 at a compound annual growth rate (CAGR) of 19.1%. The Russian-Ukrainian war has disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions against several countries, a spike in commodity prices and supply chain disruptions, affecting many markets around the world. The growth of the healthcare cybersecurity sector is expected to reach $30.24 billion in 2026 at CAGR of 17.8%.

Technological advancement is the key trend gaining popularity in the healthcare cybersecurity market. Major companies operating in the healthcare cybersecurity market are focusing on developing technologically advanced products to strengthen their position in the market. For example, in 2021, Trend Micro Incorporated, a Japan-based company operating in healthcare cybersecurity, launched Trend Micro Vision One, which runs on XDR (extended detection and response) technology. XDR typically automatically collects and correlates data across multiple layers of security across email, endpoint, server, cloud workload, and network. Trend Micro Vision One will provide faster threat detection and analysis, respond to them, and prioritize threats to send alerts to control configuration for further investigation in healthcare organizations.

Key Players of Healthcare Cybersecurity Market are Kaspersky Lab, Cisco Systems Inc, FireEye Inc, IBM Corporation, McAfee Corp, Symantec Corporation, Trend Micro Inc, Palo Alto Networks Inc, Lockheed Martin Corporation, Intel Corporation, Northrop Grumman Corporation, Fortified Health Security, Imperva, Medigate Ltd., Atos SE, Broadcom Inc, Booz Allen Hamilton Inc and Sensato Cybersecurity Solutions.

The global healthcare cybersecurity market analysis is segmented by threat type into Malware, Distributed Denial of Service (DDoS), Advanced Persistent Threats (APT), Spyware, Other Processing Types; by solution in Identity and Access Management, Risk and Compliance Management, Antivirus and Antimalware, DDoS Attack Mitigation, Security Information and Event Management, intrusions and intrusion prevention system, other solutions; through security measures in application security, network security, device security, other security measures; via on-premises, cloud-based deployment; per end user in pharmaceutical industries, biotechnology industries, hospitals, medical device companies, health insurance companies, other end users.

North America was the greater region in the Healthcare Cybersecurity Market in 2021. Regions covered in the Healthcare Cybersecurity Market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

Global Healthcare Cybersecurity Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026 is part of a series of new reports from The Business Research Company that provide forecasts on the size and growth of the Healthcare Cybersecurity Market, Healthcare Cybersecurity Market Segments & Geographies, Healthcare Cybersecurity Market Trends, Healthcare Cybersecurity Market Drivers and Restraints healthcare, healthcare cybersecurity market leading competitors’ profiles, revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.

The report also gives an in-depth analysis of the impact of COVID-19 on the market. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders.

A highly experienced and expert team of analysts and modellers provide market analysis and forecasts. The reports identify key countries and segments for opportunities and strategies based on market trends and key competitor approaches.

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