Global Healthcare Cybersecurity Market
Dublin, June 04, 2024 (GLOBE NEWSWIRE) — The “Global Healthcare Cybersecurity Market Report by Threat Type, Solution Type, End User, and Region 2024-2032” report has been added. ResearchAndMarkets.com Recruitment.
The global healthcare industry is currently experiencing a significant increase in cybersecurity demand due to the increasing frequency and sophistication of cyber threats.
The healthcare cybersecurity market, which reached a valuation of USD 17.1 billion in 2023, is projected to expand to USD 61.5 billion by 2032, thriving at a robust compound annual growth rate (CAGR) of 15.28% during the forecast period. This growth trajectory is primarily driven by the increasing need to secure electronic health records (EHRs) and the surge in infrastructure for telehealth services.
In today's digital age, healthcare cybersecurity is more valuable than ever. As healthcare providers increasingly leverage technology to store and manage patient data, the need for rigorous security measures to prevent unauthorized access and data breaches increases. Robust implementation of security controls such as firewalls, intrusion detection systems, and encryption is essential to maintaining the integrity of critical health information, thereby strengthening stakeholder confidence in the safety of digital health systems.
Continuous innovation:
Continuous innovation remains the foundation of healthcare cybersecurity. The integration of advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT) into healthcare systems has dramatically increased the healthcare sector's vulnerability to cyberattacks. This has resulted in accelerated adoption of cybersecurity solutions and increased partnerships and collaboration between healthcare organizations and cybersecurity experts. These proactive measures are crucial to ensure the security of a wide range of connected medical devices and comply with evolving regulatory requirements.
Segment highlights:
This comprehensive study categorizes cyber security solutions into various segments. In terms of threat type, malware takes the lead, while in terms of solution type, antivirus and antimalware solutions dominate. Hospitals appear to be the primary end-users requiring extensive cyber security protocols. Regional analysis highlights that North America dominates the market, owing to the rise in cyber threats and stringent protection laws that increase the need for robust security solutions.
Competitive Landscape:
The competitive landscape insights reveal the market structure and critically analyze the positioning and strategic moves of key players. This competitive analysis is essential to understand the market dynamics and the technological strategic initiatives undertaken by market leaders to mitigate the risks associated with cyber threats.
I'm looking forward to:
As the healthcare cybersecurity landscape evolves, so too does the need for a collaborative and comprehensive response from industry stakeholders. Ensuring data protection and system integrity in the healthcare sector is not only a technical imperative, but also a socio-economic necessity, essential for protecting public health and fostering patient trust in healthcare organizations.
Global awareness of these challenges and the strategic responses outlined in the report will determine the future resilience and safety of health systems around the world.
Key attributes:
|
Report Attributes |
detail |
|
number of pages |
138 |
|
Forecast Period |
2023 – 2032 |
|
Estimated market value in 2023 (USD) |
$17.1 billion |
|
Market value forecast to 2032 (USD) |
$61.5 billion |
|
Compound Annual Growth Rate |
15.2% |
|
Target area |
global |
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