The healthcare cybersecurity market was valued at USD 9.52 billion in 2020 and is expected to reach USD 24.1 billion by 2026 – GlobeNewswire
New York, Dec. 16, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Healthcare Cybersecurity Market – Global Outlook & Forecast 2021-2026” – https://www.reportlinker.com/p06190260/?utm_source=GNW
1 billion by 2026 growing at a CAGR of 16.70%.
HEALTHCARE CYBERSECURITY MARKET OVERVIEW
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. 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.
The following factors are likely to contribute to the growth of the healthcare cybersecurity market-
• 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
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.
The study considers a detailed scenario of the present healthcare cybersecurity market and its market dynamics for the period 2021?2026. It covers a detailed overview of several market growth enablers, restraints, and trends. 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.
HEALTHCARE CYBERSECURITY MARKET SEGMENTS
The healthcare cybersecurity market report includes a detailed segmentation by:
• Threat Type
• Security Type
• Deployment Type
• End-user
• Geography
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 …….