A recent market intelligence report that is published by Data Insights Partner on the global Healthcare Cyber Security Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Healthcare Cyber Security Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Healthcare Cyber Security Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Healthcare Cyber Security Market is offered. In accordance with the report, the global Healthcare Cyber Security Market is projected to expand at a CAGR of 13.00 % over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
In order to protect critical information about patients and hospitals, healthcare organizations have adopted the cyber security solutions and services. The Cyber Security market deploys various solutions such as business continuity & disaster recovery, data loss protection, mobile devices, breach detection, cloud & data centers, identity & access management and risk and compliance management.
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Government of various nations are encouraging healthcare providers to increase the cyber security services in order to protect the rights of patient information from data breaches. In 2015, Beacon Health Systems was cyber-attacked, thereby hacking patients personal and health information. With an increase in cyber-attacks and rise in demand for cloud services, the global Healthcare cyber security market is expected to grow in the forecast period. Due to increased awareness, end-users are spending on various advanced security services like DDoS mitigation services and access control services to ensure full protection. Also, sales of mobile phones and its penetration is growing significantly growing and with an increase in acceptance of bring our own device (BYOD) among healthcare unit, many mobile phones have data that can be transferred from one device to another, including personal information such as bank details, passwords etc. This is yet another factor that leads to increased demand for Healthcare cyber security market.
However, the biggest challenge faced by the global Healthcare cyber security market is the lack of trained professionals for large scale implementation that will hinder the growth of this market in the forecast period. Many key players are adopting and focusing on introducing technologically advanced solutions, followed by mergers & acquisitions. With new strategies adopted by players, more opportunities for growth are expected to increase in the forecast period.
Owing to increase in adoption of cyber security solutions and services, increased awareness and increase in end-users spending, Asia Pacific region is projected to grow at the highest CAGR during the forecast period. Also, with the high presence of healthcare units and increased investment in research and development, North America is expected to dominate this market. Many other nations hold potential for growth as there are untapped opportunities in the Healthcare cyber security market.
This market intelligence report on the global Healthcare Cyber Security Market encompasses market segments based on product type, application and country/regions.
In terms of type of threat , the global Healthcare Cyber Security Market is segregated into :
- Lost or stolen devices
- Advanced persistent threats (APT)
By type of solution, the global Healthcare Cyber Security Market is also classified into :
- Intrusion detection system (IDS)/intrusion prevention system (IPS)
- DDoS mitigation
- Risk and compliance management
- Identity and access management
- Antivirus and antimalware
- Security information and event management (SIEM)
By end user, the global Healthcare Cyber Security Market is also classified into :
- Medical devices
- Pharmaceuticals & chemicals
- Health insurance
By country/region, the global Healthcare Cyber Security Market has been divided into :
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
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Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- Cisco Systems Inc.
- FireEye Inc.
- IBM Corporation
- Kaspersky Lab
- Lockheed Martin Corporation
- McAfee Inc.
- Northrop Grumma Corporation
- Paulo Alto Networks Inc.
- Symantec Corporation and many more
Others players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Healthcare Cyber Security related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of the Healthcare Cyber Security Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Healthcare Cyber Security Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Cisco Systems, FireEye, IBM Corporation, Kaspersky Lab, Lockheed Martin Corporation, McAfee Inc., Northrop Grumma Corporation, Palo Alto Networks Inc., Sensato, Symantec Corporation and many more.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Healthcare Cyber Security Market caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Healthcare Cyber Security Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
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v Identification of key factors driving investment opportunities in the Healthcare Cyber Security Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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