Increasing Cyber-Attacks and Risk of Data Breach to Bolster the Market Growth Globally

Published: Aug 2023

The global healthcare cybersecurity market is anticipated to grow at a CAGR of 16.1% during the forecast period (2023-2030). 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.

Browse the full report description of “Healthcare Cybersecurity Market Size, Share & Trends Analysis Report by Category (Solution and Service), By Security Type (Network Security, Application Security, Device Security, and Information & Data Security), and By End User (Pharmaceuticals and Bio Technology, Health Insurance, Hospitals and Government Healthcare Organizations), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/healthcare-cybersecurity-market

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.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Component

o By Security Type

o By End User 

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes, Cisco Systems Inc., McAfee Inc., IBM Corp, Intel Corp, Medigate Ltd, Northrop Grumman, and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

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

Global Healthcare Cybersecurity Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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