Software News

Software News!

Application and Enterprise Software News
Press release distribution service

Software Links: Application Software, Enterprise Software, Virus Software


Home > Software News:
  • Watch News Feed
  • Bestsellers Software

  • Healthcare Cybersecurity Market Worth $26.1 Billion by 2027, Growing at a CAGR of 19.8% From 2020- Exclusive Report by Meticulous Research®

    (I-SoftwareNews.Com, August 03, 2022 ) According to a new market research report “Healthcare Cybersecurity Market by Threat (Ransomware, Malware and Spyware, DDoS, APT, Phishing), Offering, Security Type (Cloud, Application, Endpoint, Network), End-User (Healthcare Providers and Payers), and Geography - Global Forecast to 2027”, published by Meticulous Research®, the healthcare cybersecurity market is expected to reach $26.1 billion, at a CAGR of 19.8% during the forecast period of 2020 to 2027.

    Download Free Sample Report Now @

    Healthcare organizations are switching to digital records and implementing new technologies, such as cloud computing, IoT, and 5G. However, the increasing adoption of digital technologies poses severe challenges and security concerns for the healthcare industry. Cybersecurity has emerged as one of the major concerns for healthcare organizations due to the growing need to minimize issues associated with data security and cyber threats.

    Factors driving the growth of the overall healthcare cybersecurity market are the increasing demand for advanced cybersecurity solutions, increasing frequency & complexity of cyber threats, and growing adoption of IoT & connected devices across the healthcare sector. Furthermore, the increasing need for cloud-based security solutions across the healthcare sector, rising use of smartphones & connected devices, and growing adoption of 5G technology are expected to further contribute to the growth of the healthcare cybersecurity market over the coming years.

    However, the lack of trained cybersecurity professionals is expected to challenge the growth of the healthcare cybersecurity market during the forecast period. While developed economies offer technological growth opportunities through the proliferation of advanced technologies, the ongoing digital transformation initiatives across emerging economies, such as Asia-Pacific and Latin America, are likely to provide growth opportunities for vendors operating in the market.

    Speak to our Analysts to Understand the Impact of COVID-19 on Your Business:

    The global healthcare cybersecurity market is mainly segmented by threat, offering, security type, end user, and geography.

    By threat, the healthcare cybersecurity market is segmented into ransomware, malware & spyware, distributed denial-of-service (DDOS), advanced persistent threats (APTs), and phishing & spear phishing. In 2020, the ransomware threats segment accounted for the largest share of the overall healthcare cybersecurity market. The growth of this segment is majorly attributed to the increasing demand for advanced solutions for data protection, the growing use of cloud-based services for storage, and the advent of crypto-currencies for ransom payment due to their untraceable nature.

    Based on offering, the healthcare cybersecurity market is segmented into solutions and services. In 2020, the solutions segment commanded the largest share of the overall healthcare cybersecurity market. Factors driving the growth of this segment include the increasing demand for advanced solutions for security operations, growing number of data security & privacy concerns, increasing demand for cost-effective security solutions, and growing regulatory enforcement & protection concerns. Based on type, the healthcare cybersecurity solutions are further segmented into identity & access management, intrusion detection systems (IDS)/intrusion prevention systems (IPS), antivirus & antimalware, risk & compliance management, distributed denial of service (DDoS) mitigation, security information & event management (SIEM), firewall, and unified threat management.

    However, the services segment is poised to register the highest CAGR during the forecast period, due to the rising security breaches and sophisticated cyberattacks, growing adoption of cloud technology and IoT devices, and increasing demand for robust & cost-effective services.

    Based on security type, the healthcare cybersecurity market is segmented into application security, endpoint security, cloud security, and network security. In 2020, the network security segment dominated the overall healthcare cybersecurity market. Its dominance can be attributed to the increasing usage of telehealth services, growing awareness regarding the need for network security solutions, increasing spending on advanced network security solutions, rising adoption of bring-your-own-device (BYOD) policies, growing demand for network security solutions, and rising privacy concerns.

    Quick Buy – Healthcare Cybersecurity Market Research Report:

    Based on end user, the healthcare cybersecurity market is segmented into healthcare providers and healthcare payers. In 2020, the healthcare providers segment dominated the overall healthcare cybersecurity market. The rising sophistication of cyberattacks, growing awareness about EHRs, supportive government initiatives & mandates on implementing eHealth solutions, and growing need to protect patient information from cyber threats are the key factors driving the growth of this segment.

    Geographically, the global healthcare cybersecurity market is segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, with a further analysis of major countries in these regions. In 2020, North America accounted for the largest share of the global healthcare cybersecurity market, followed by Europe and Asia-Pacific. The largest share of the North American region is primarily attributed to the presence of prominent players, the emergence of several start-ups in the region, highly developed medical & healthcare infrastructure, high spending on healthcare information technology, the proliferation of cloud-based solutions, the increasing sophistication & frequency of cyberattacks, and the emergence of disruptive digital technologies.

    The Asia-Pacific healthcare cybersecurity market is projected to grow at the highest CAGR during the forecast period. The growth can be attributed to the high adoption of smartphones, coupled with increasing internet penetration; growing awareness regarding cybersecurity; high adoption of advanced technologies, such as the IoT, 5G, and cloud computing; growing privacy & security concerns; and the rising demand for robust and cost-effective cybersecurity solutions.

    The overall healthcare cybersecurity market is fragmented and highly competitive. The scenario is expected to become even more competitive owing to the consistently growing number of cybersecurity breaches amidst the COVID-19 pandemic. Several budding start-ups are striving to make their mark in the market, owing to which several new product launches are anticipated over the next few years. Besides, large companies are expected to leverage multiple partnerships, collaborations, and acquisitions to strengthen their geographic presence and expand their product portfolios. Furthermore, the growing frequency and sophistication of cyberattacks, increasing cybersecurity literacy in the healthcare sector, and government encouragement to adopt cybersecurity for the healthcare sector present several opportunities for established players and start-ups to contribute to the overall healthcare cybersecurity market.

    Some of the key players operating in the global healthcare cybersecurity market are FireEye, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.), Sophos Ltd. (U.S.), Juniper Networks, Inc. (U.S.), Fortinet, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Check Point Software Technologies Ltd. (U.S.), Imperva (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), McAfee LLC (U.S.), LogRhythm, Inc. (U.S.), NortonLifeLock Inc. (U.S.), Crowdstrike Holdings, Inc. (U.S.) Fortified Health Security (U.S.), Sensato Cybersecurity Solutions (U.S.), Kaspersky Lab (Russia), Northrop Grumman Corporation (U.S.), and Medigate (U.S.) among others.

    To gain more insights into the market with a detailed table of content and figures, click here:

    Scope of the Report:

    Healthcare Cybersecurity Market by Threat

    Malware & Spyware
    Distributed Denial-of-Service (DDoS)
    Advanced Persistent Threat (APT)
    Phishing & Spear Phishing

    Healthcare Cybersecurity Market by Offering

    Identity and Access Management
    Intrusion Detection System (IDS)/ Intrusion Prevention System (IPS)
    Antivirus and Antimalware
    Risk and Compliance Management
    Distributed Denial of Service (DDoS) Mitigation
    Security Information and Event Management (SIEM)
    Unified Threat Management
    Managed Security Services
    Deployment & Integration
    Support & Maintenance

    Healthcare Cybersecurity Market by Security

    Network Security
    Endpoint Security
    Cloud Security
    Application Security

    Healthcare Cybersecurity Market by End-User

    Healthcare Providers
    Physician Practices
    Healthcare Payers

    Healthcare Cybersecurity Market by Geography:

    North America
    Rest of Europe
    South Korea
    Rest of Asia-Pacific
    Latin America
    Middle East and Africa

    Download Free Sample Report Now @

    Meticulous Research™

    chhagan yadav

    +91 744-7780008

    Source: EmailWire.Com


    Media Sponsor

    I-SoftwareNews.Com Sponsors

    Software Advertisement

    I-SoftwareNews.Com Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - Newswire and Press Release service of GroupWeb Media LLC