Healthcare Cybersecurity Market is Projected to Reach USD 52.54 Billion by 2030: Cognitive Market Research

Healthcare Cybersecurity Market Overview:
What is Healthcare Cybersecurity?
The healthcare cybersecurity market refers to the various products and services designed to protect the confidentiality, integrity, and availability of electronic health information (EHI) and other sensitive data within the healthcare industry. This includes technologies such as firewalls, encryption software, intrusion detection and prevention systems, access control systems, and vulnerability assessment tools, as well as consulting services, risk assessments, and incident response services. The healthcare cybersecurity market also encompasses regulations, standards, and guidelines that govern the protection of EHI and other sensitive data, such as HIPAA and HITECH. The market is driven by increasing threats and attacks on healthcare organizations' data, which can result in identity theft, financial fraud, and compromised patient care.

Summary:
As per the study of CMR, the Global Healthcare Cybersecurity Market size was valued at USD 18.26 Billion in 2022 and will reach USD 52.54 Billion by 2030 and is expected to grow at a CAGR of 14.2% during the forecast period (2023-2030).

To know more about The Healthcare Cybersecurity Market statistics click here: https://www.cognitivemarketresearch.com/healthcare-cybersecurity-market-report

Market Dynamics:
Healthcare Cybersecurity Market Drivers:
Healthcare organizations are increasingly becoming a target for cyberattacks due to the valuable nature of the sensitive data they hold, such as patient health records and personal information. The frequency and sophistication of cyberattacks are on the rise, leading to an increased demand for cybersecurity solutions which further boosts the market growth.
The healthcare industry is rapidly adopting digital health technologies, such as electronic health records (EHRs), telemedicine, and mobile health apps. This creates new entry points for cybercriminals to access sensitive data, leading to a higher demand for cybersecurity solutions which significantly drives the market growth.

Healthcare Cybersecurity Market Opportunities:
Healthcare organizations are increasingly adopting cloud-based solutions to improve efficiency and reduce costs. This presents an opportunity for cybersecurity providers to develop cloud-based security solutions that can protect sensitive data in the cloud. Artificial intelligence (AI) and machine learning (ML) can be used to detect and prevent cyber threats in real-time. These several factors will create significant opportunities for market growth.

Healthcare Cybersecurity Market Restraints:
Healthcare systems are complex, with multiple stakeholders, systems, and devices involved in delivering care. This complexity can make it difficult to implement and manage effective cybersecurity measures across the entire system and may act as a hampering factor for the market.

Market Segmentation:
Offering:
• Solutions
• Services

Services:
• Professional Services
• Managed Services

Solution Type:
• 1 AM
• Antivirus/Antimalware
• Log Management and SIEM
• Firewall
• Encryption and Tokenization
• Compliance and Policy Management
• Patch Management
• Others

Threat Type:
• Phishing
• Ransomware
• Malware
• DDoS
• APT
• Others

Security Type:
• Network Security
• Cloud Security
• Application Security
• Endpoint and loT Security

End-Use:
• Hospitals & Healthcare Facilities
• Medical Device Manufacturers
• Pharmaceuticals & Biotechnology
• Health Insurance Providers and Payers
• Telehealth & Digital Health Providers
• Government Healthcare Agencies
Based on the End-use industry, Telehealth & Digital Health Providers have the leading segment in the healthcare cybersecurity market. Providing remote healthcare services and digital technologies to patients and healthcare practitioners, telehealth and digital health providers have become significant actors in the healthcare sector. These service providers face a range of particular cybersecurity issues in the healthcare industry, including the need to safeguard private patient information, provide secure communication channels, and preserve the integrity of electronic health records.

Competitive Analysis of the Healthcare Cybersecurity Market: Epic Systems Corporation , eClinicalWorks , Practice Fusion , NextGen Healthcare , Allscripts , Cerner , MEDITECH , General Electric Healthcare IT , Athenahealth , McKesson , AmazingCharts , e MDs , Care360 , Vitera

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Regional Analysis:
North America accounted for the largest share of the healthcare cybersecurity market
North America has the largest revenue share in the healthcare cybersecurity market. In North America, there are numerous prominent market participants who offer state-of-the-art solutions to all local end users. Due to their strong economies, the US and Canada are expected to considerably contribute to the growth of the healthcare cybersecurity market in North America. Aside from this aspect, the vast deployments of healthcare cybersecurity systems are being impacted by the widespread adherence to data compliance rules and cloud deployments. Additionally, the widespread use of personal devices in the healthcare sector-such as laptops and smartphones-to support business operations, secure data stored within healthcare organizations, and transfer it over business networks amid the pandemic-is anticipated to significantly accelerate the uptake of healthcare cybersecurity solutions in North America.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Healthcare Cybersecurity Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Healthcare Cybersecurity Market Segmentation
1.5.1 Healthcare Cybersecurity Market Regional Fragmentation
1.5.1 Healthcare Cybersecurity Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Healthcare Cybersecurity Market
• 3.1 Global Healthcare Cybersecurity Market Size 2018 - 2030, (USD Million)
• 3.2 Global Healthcare Cybersecurity Value, Absolute & Opportunity Analysis
• 3.3 Global Healthcare Cybersecurity Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Healthcare Cybersecurity Market Statistics 2022: Snapshot
Chapter 4 Global Healthcare Cybersecurity Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Healthcare Cybersecurity Market by Offering Segmentation Analysis (2018-2030)
Chapter 10 Global Healthcare Cybersecurity Market by End-Use Segmentation Analysis (2018-2030)
Chapter 11 Global Healthcare Cybersecurity Market by Services Segmentation Analysis (2018-2030)
Chapter 12 Global Healthcare Cybersecurity Market by Solution Type Segmentation Analysis (2018-2030)
Chapter 13 Global Healthcare Cybersecurity Market by Threat Type Segmentation Analysis (2018-2030)
Chapter 14 Global Healthcare Cybersecurity Market by Security Type Segmentation Analysis (2018-2030)
Chapter 15 Global Healthcare Cybersecurity Market Regional Analysis
Chapter 16 North America Healthcare Cybersecurity Market Outlook (2018 - 2030)
Chapter 17 Europe Healthcare Cybersecurity Market Outlook (2018 - 2030)
Chapter 18 Asia Pacific Healthcare Cybersecurity Market Outlook (2018 - 2030)
Chapter 19 Latin America Healthcare Cybersecurity Market Outlook (2018 - 2030)
Chapter 20 Middle East and Africa Healthcare Cybersecurity Market Outlook (2018 - 2030)
Chapter 21 Research Findings
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