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Press release content from Business Wire. The AP news staff was not involved in its creation.

Healthcare Cybersecurity Markets: Increasing Partnerships & Collaborations - Global Outlook & Forecast 2021-2026 - ResearchAndMarkets.com

January 14, 2022 GMT

DUBLIN--(BUSINESS WIRE)--Jan 14, 2022--

The “Healthcare Cybersecurity Market - Global Outlook & Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

The Healthcare sector is experiencing a paradigm shift due to many factors. New models of care are evolving, the focus is shifting from illness to wellness, and costs continue to climb amid growing demand for personalized, long-term care and the need for patients to participate in care management.

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The major factors propelling the growth of the global healthcare cybersecurity market are the increasing use of technology, the growing data privacy issues, and the growing acceptance of cybersecurity in emerging economies. Collaboration between private and public sectors to strengthen cybersecurity is also a factor driving the demand in the healthcare cybersecurity market.

KEY HIGHLIGHTS

On the mergers and acquisitions side in the global cybersecurity industry 9 deals dominated by USD 1 billion, including McAfee’s USD 4 billion acquisition by STG, Auth0′s USD 6.4 billion acquisition by Okta, and Proofpoint’s USD 12.3 billion acquisition by Thoma Bravo.

Collaboration between public and private sectors in cybersecurity matters seems unavoidable, especially when considering the private sector, in general, owns and operates a large part of a country’s infrastructure. For instance, in 2017, the public-private partnership Cyber NYC was introduced.

HEALTHCARE CYBERSECURITY MARKET SEGMENTATION

With the increased adoption of bringing your own device (BYOD) policies in the healthcare industry, organizations are required to improve their efforts to protect healthcare data from phishing.

Outdated infrastructure security can lead to cybersecurity vulnerabilities like patch management, configuration management, failures in access controls, encryption of data, and website security. This is driving the demand for network security in the healthcare cyber security market.

GEOGRAPHICAL ANALYSIS

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North America: In 2020, the number of hacking incidents reported in healthcare climbed, jumping to 42%. This is one factor that drove market demand in recent times in the US healthcare cybersecurity market. During the pandemic, cyber-crimes were enhanced as cybercriminals took advantage of the crisis which caused immense disruption to the healthcare sector at that time when it was facing massive patient care demands.

Europe: In April 2018, the European Commission (EC) announced a conclusive communication that involved a complete overview of previous actions taken to promote the digitalization of health and several commitments to drive digital transformation in the region. This will drive the growth of cybersecurity companies in the region.

KEY MARKET DYNAMICS

  • Significant Investments by Public & Private Players
  • The growing use of Digital Platforms for Telehealth Consultation
  • Increasing Partnerships & Collaborations
  • Rising Data Privacy Issues due to the Shift Towards Digitalization
  • Increased Data in Healthcare
  • Growing Acceptance & Technological Advancements

VENDOR LANDSCAPE

  • The adoption of IoT, application security, application of AI, and machine learning is helping the vendors to improve their delivery of cybersecurity solutions.
  • Many companies adopt inorganic ways of growth like acquisitions. For instance, recently McAfee successfully acquired TunnelBear which is a consumer VPN provider, and Skyhigh which is a leader in cloud access security broker (“CASB”).

Key Vendors

  • Cisco Systems Inc.
  • Intel Corporation
  • International Business Machines Corporation (IBM)
  • McAfee Corp
  • Palo Alto Networks

Other Prominent Vendors

  • Armis
  • Bitglass Inc
  • Check Point Software Technologies Ltd
  • ClearDATA
  • CrowdStrike
  • CybelAngel
  • CyberMDX
  • Cylera
  • Cynerio
  • FireEye
  • Fortified Health Security
  • Imperva
  • Irdeto
  • Juniper Networks Inc
  • Kaspersky
  • LogRhythm
  • MedCrypt
  • Medigate
  • Meditology Services
  • Ostendio
  • Protenus
  • Sensato Cybersecurity Solutions
  • Trend Micro Inc

KEY QUESTIONS ANSWERED:

  • What is the market size and share of the global healthcare cybersecurity market?
  • What are the major factors driving the demand for healthcare cybersecurity services?
  • What are the segments covered in the healthcare cybersecurity market?
  • Which region has the highest growth rate in the healthcare cybersecurity industry?
  • Who are the top players in the healthcare cybersecurity market?

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.1.1 Inclusions

4.1.2 Exclusions

4.1.3 Market Estimation Caveats

4.2 Base Year

4.3 Scope Of The Study

4.3.1 Market Segmentation By Threat Type

4.3.2 Market Segmentation By Security Type

4.3.3 Market Segmentation By Deployment

4.3.4 Market Segmentation By End-User

4.3.5 Market Segmentation By Geography

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Evolution Of Cybersecurity

7.2 Cybersecurity In Healthcare

7.3 Covid-19 Impact

8 Market Opportunities & Trends

8.1 Significant Investments By Public & Private Players

8.2 Growing Use Of Digital Platforms For Telehealth Consultation

8.3 Increasing Partnerships & Collaborations

9 Market Growth Enablers

9.1 Rising Data Privacy Issues Due To The Shift Toward Digitalization

9.2 Increased Data In Healthcare

9.3 Growing Acceptance & Technological Advancements

10 Market Restraints

10.1 Dearth Of Trained Healthcare It Professionals

10.2 High Implementation & Monitoring Costs

10.3 Lack Of Awareness Among Developing Countries

11 Market Landscape

11.1 Market Overview

11.2 Market Size & Forecast

11.2.1 Geographic Insights

11.2.2 Threat Type Insights

11.2.3 Security Insights

11.2.4 Deployment Type

11.2.5 End-User Insights

11.3 Five Forces Analysis

12 Threat Type

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Malware

12.3.1 Market Overview

12.3.2 Market Size & Forecast

12.3.3 Ransomware: Market Size & Forecast

12.3.4 Virus: Market Size & Forecast

12.3.5 Others: Market Size & Forecast

12.3.6 Market By Geography

12.4 Phishing

12.5 Denial Of Service

12.6 Others

13 Security Type

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.3 Network Security

13.4 Application Security

13.5 Cloud Security

13.6 Critical Infrastructure Security

13.7 Others

14 Deployment

14.1 Market Snapshot & Growth Engine

14.2 Market Overview

14.3 On-Premises

14.4 Cloud-Based

15 End-User

15.1 Market Snapshot & Growth Engine

15.2 Market Overview

15.3 Pharma & Biotech Companies

15.4 Payers

15.5 Healthcare Facilities

15.6 Others

16 Geography

16.1 Market Snapshot & Growth Engine

16.2 Geographic Overview

For more information about this report visit https://www.researchandmarkets.com/r/jq9qa6

View source version on businesswire.com:https://www.businesswire.com/news/home/20220114005345/en/

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KEYWORD:

INDUSTRY KEYWORD: GENERAL HEALTH SECURITY HEALTH DATA MANAGEMENT TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 01/14/2022 10:42 AM/DISC: 01/14/2022 10:42 AM

http://www.businesswire.com/news/home/20220114005345/en