Healthcare Cybersecurity Market - By Threat, By Security Measures, By Deployment, By End-use & Forecast, 2023

Description

List of Tables

Global Healthcare Cybersecurity Market size will expand considerably through 2032. Surging instances of data leaks in developing economies are a key driver behind market growth. The adoption of electronic health records (EHRs), telemedicine, and connected medical devices has revolutionized healthcare delivery making these countries prone to cyberattacks. As a result, healthcare organizations are investing heavily in device security solutions to protect sensitive patient data and ensure the safe operation of medical equipment.

The overall healthcare cybersecurity market is divided based on threat, security measures, deployment, end-use, and region.

Based on threat, the healthcare cybersecurity market value from the ransomware segment will grow exponentially through 2032. Ransomware attacks involve malicious actors encrypting critical data and demanding a ransom in exchange for its release. The healthcare sector, with its valuable patient data and critical operations, has become an attractive target. The need for effective cybersecurity measures has grown to prevent and respond to ransomware attacks. Growing adoption of anti-ransomware software for managing cyberattacks in healthcare organizations is supporting segment expansion.

Based on security measures, the healthcare cybersecurity market share from the device security segment will grow at over 18.5% CAGR from 2023 to 2032. Favorable government policies for medical device safety are contributing to segment growth. In fact, regulatory agencies, such as the U.S. FDA, have issued guidelines and regulations to address these concerns, emphasizing the need for manufacturers to incorporate security features and implement risk management practices. Compliance with these regulations has driven the demand for cybersecurity solutions in the medical device industry.

In terms of end-use, the healthcare cybersecurity industry from the hospital segment will amass over USD 30 billion by 2032. The increasing use of interconnected medical devices, such as infusion pumps and electronic health record systems, has introduced cybersecurity risks in hospitals. Vulnerabilities in these devices can be exploited to gain unauthorized access, manipulate patient data, or even disrupt medical procedures. In this regard, hospitals are implementing cybersecurity protocols to protect these devices and ensure patient safety.

Europe healthcare cybersecurity industry share will witness a notable CAGR from 2023 to 2032. Increasing adoption of digital health solutions, the growing number of cyberattacks targeting hospitals, and the stringent regulatory landscape are contributing to regional growth. The European Union's (EU) General Data Protection Regulation (GDPR) has played a crucial role in driving the adoption of device security measures across the region, as healthcare organizations strive to comply with the stringent data protection requirements and avoid hefty fines for non-compliance.

Product Code: 3147

Chapter 1 Methodology & Scope

1.1 Methodology
1.2 Market scope and definitions
1.3 Base estimates and working
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Healthcare cybersecurity industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Threat type trends
- 2.1.3 Security measures trends
- 2.1.4 Deployment trends
- 2.1.5 End-use trends
- 2.1.6 Regional trends

Chapter 3 Healthcare Cybersecurity Industry Insights

3.1 Industry segmentation
3.2 Industry landscape, 2018 - 2032
3.3 Industry impact forces
- 3.3.1 Growth drivers
  - 3.3.1.1 Growing cases of healthcare cyber-attacks in developed as well as developing economies
  - 3.3.1.2 Rising security and regulatory compliance related issues in North America and Europe
  - 3.3.1.3 Increasing incidences of data leaks in developing countries
  - 3.3.1.4 Technological advancements in healthcare cybersecurity software in Europe and North America
- 3.3.2 Industry pitfalls & challenges
  - 3.3.2.1 High cost of healthcare cyber security solutions in developing and underdeveloped regions
  - 3.3.2.2 Lack of trained professionals for operating the cyber security solutions
3.4 Growth potential analysis
- 3.4.1 By threat type
- 3.4.2 By security measures
- 3.4.3 By deployment
- 3.4.4 By end-use
3.5 COVID-19 impact analysis
3.6 Healthcare data breaches insights
- 3.6.1 Types of attacks on healthcare sector and number of individuals affected
- 3.6.2 HIPAA reported healthcare data breaches
- 3.6.3 Protected health information breached location
- 3.6.4 Cost of data breaches
3.7 Largest healthcare data breaches (2009-2023)
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis
4.3 Competitive analysis of major market players
- 4.3.1 Intel Corporation
- 4.3.2 IBM
- 4.3.3 Cisco Systems, Inc.
- 4.3.4 NortonLifeLock Inc. (Broadcom Inc.)
4.4 Company positioning matrix
4.5 Strategic dashboard

Chapter 5 Healthcare Cybersecurity Market, By Threat Type

5.1 Key threat type trends
5.2 Ransomware
- 5.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
5.3 Malware & Spyware
- 5.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
5.4 Distributed Denial-of-Service [DDos]
- 5.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)
5.5 Phishing and Spear-phishing
- 5.5.1 Market estimates and forecast, 2018 - 2032 (USD Million)
5.6 Others
- 5.6.1 Market estimates and forecast, 2018 - 2032 (USD Million)

Chapter 6 Healthcare Cybersecurity Market, By Security Measures

6.1 Key security measures trends
6.2 Application security
- 6.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
6.3 Network security
- 6.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
6.4 Device security
- 6.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)
6.5 Others
- 6.5.1 Market estimates and forecast, 2018 - 2032 (USD Million)

Chapter 7 Healthcare Cybersecurity Market, By Deployment

7.1 Key deployment trends
7.2 On-premises
- 7.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
7.3 Cloud-based
- 7.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)

Chapter 8 Healthcare cybersecurity Market, By End-use

8.1 Key end-use trends
8.2 Hospitals
- 8.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
8.3 Pharmaceutical and biotechnology industries
- 8.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
8.4 Healthcare payers
- 8.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)
8.5 Others
- 8.5.1 Market estimates and forecast, 2018 - 2032 (USD Million)

Chapter 9 Healthcare cybersecurity Market, By Region

9.1 Key regional trends
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 France
- 9.3.4 Spain
- 9.3.5 Italy
- 9.3.6 Poland
- 9.3.7 Switzerland
- 9.3.8 Netherlands
- 9.3.9 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 Australia
- 9.4.5 South Korea
- 9.4.6 Singapore
- 9.4.7 Indonesia
- 9.4.8 Malaysia
- 9.4.9 Rest of APAC
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Columbia
- 9.5.5 Rest of LATAM
9.6 MEA
- 9.6.1 South Africa
- 9.6.2 Saudi Arabia
- 9.6.3 UAE
- 9.6.4 Israel
- 9.6.5 Rest of MEA

Chapter 10 Company Profiles

10.1 Cisco Systems, Inc
10.2 CLEARDATA
10.3 FireEye (Trelix)
10.4 Fortified Health Security
10.5 IBM
10.6 Imperva
10.7 Intel Corporation
10.8 Medigate (Claroty)
10.9 Northrop Grumman
10.10 Palo Alto Networks, Inc.
10.11 NortonLifeLock Inc. (Broadcom)
10.12 Trend Micro Incorporated