The global healthcare cyber security market held a market value of USD 5,362.1 million in 2017 and is projected to grow at a CAGR of 15.3% over the forecast period. Cybersecurity, also known as information technology security or computer security is a body of technologies, processes, and practices designed to protect networks, computers, programs, and data from unauthorized access and damage or attack. Rising need for cybersecurity in the healthcare vertical as patients are often dealing with life-threatening conditions, exchanging large amounts of money and financial information, and must have their privacy protected for medical records. Hospitals and healthcare providers remain under cyber-attack, causing organizations to spend more to protect their systems and patient data.
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Segmentation
The global healthcare cyber security market has been segmented into threat type, solution type, end user, and region.
By threat type, the market has been segmented into malware, spyware, distributed denial-of-service (DDoS), advanced persistent threat (APT), and others.
On the basis of solution type, the market has been divided into antivirus and antimalware, identity and access management, risk and compliance management, DDoS mitigation, security information and event management (SIEM), and intrusion detection system (IDS)/intrusion prevention system (IPS).
Based on end user, the market has been categorized into pharmaceuticals and biotechnology industries, medical devices companies, health insurance companies, hospitals and clinics, and others.
Key Players
Some of the spearheading players in the global healthcare cyber security market are International Business Machines Corporation, Cisco Systems, Inc., McAfee, LLC, Symantec Corporation, FireEye, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Palo Alto Networks, Inc., Sensato, Trend Micro Incorporated, DXC Technology Company, and Booz Allen Hamilton Inc.
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