The global healthcare cybersecurity market is anticipated to grow at a CAGR of 16.1% during the forecast period. Cyber-attacks has impacted almost every sector including healthcare around the globe. There is an exponential increase in the number of cyber-attacks across various platforms including healthcare. Hence, healthcare industries are investing more in cybersecurity services. According to the Center for Strategic & International Studies, in November 2022, hackers disrupted operations at an Indian hospital by cutting off access to its online networks and patient records. It took hospital officials and federal authorities nearly two weeks to regain access to hospital servers and recover lost data.
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In addition, social media players are adopting various strategies to attract more users to use their platforms. For instance, in June 2023, Claroty, strategically partnered with medical technology company Siemens Healthineers to protect healthcare enterprises from malicious cyberattacks through a combination of software, managed services, and medical device security data sharing that will increase the reliability with which they serve patients. Another factor supporting the market growth includes the rise in the volume of cyber-threat vectors and attacks due to inadequate security measures is a major concern for the healthcare industry, which is projected to drive the use of security solutions. For instance, in June 2023, an Illinois, the US-based hospital became the first health care facility to publicly list a ransomware attack as a primary reason for closing. The attack, which occurred in 2021, permanently crippled the facility’s finances. Hence with the increased chance of risk of data breach the need for effective cyber security services in health care sector is rapidly increasing globally.
Global Healthcare Cybersecurity Market Report Segment
By Component
- Solution
- Service
By Security type
- Network Security
- Application Security
- Device Security
- Information and Data Security
By End user
- Pharmaceuticals and Bio Technology
- Health Insurance
- Hospitals
- Government Healthcare Organizations
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Company Profiles
- Armis Security Ltd.
- Censinet Inc.
- Claroty Ltd
- ClearDATA
- CLOUDWAVE
- CrowdStrike Inc.
- Cynerio Israel Ltd.
- DELL Inc.
- Forescout Technologies, Inc.
- Fortinet Inc.
- Google LLc
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