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Healthcare Cyber Security Market to Reach $36.88 billion by 2026, Global Outlook Report

The Global Healthcare Cyber Security market accounted for $6.88 billion in 2017 and is expected to reach $36.88 billion by 2026 growing at a CAGR of 20.5% during the forecast period.

Increasing demand for cloud services, and rising cases of healthcare cyber-attacks are the key driving factors for the market growth. However, shortage of trained professionals is hindering the market growth.

Cybersecurity, also known as information technology security or computer security is a body of technologies, processes, and practices intended to protect networks, computers, programs, and data from unauthorized access and damage or attack.

Amongst Type of Threat, Ransomware segment is estimated to have a lucrative growth during the forecast period, as It is highly preferred by hackers as it encrypts valuable data and provides access to unauthorized users.

By Geography, Asia Pacific is expected to grow due to rising awareness regarding availability of technologically advanced anti-virus software.
Some of the key players profiled in the Healthcare Cyber Security Market include Cisco Systems Inc, FireEye Inc, IBM Corporation, Kaspersky Lab, Lockheed Martin Corporation, MacAfee Inc, Northrop Grumman Corporation, Palo Alto Networks Inc, Sensato, Symantec Corporation, Medigate, Trend Micro Incorporated, Fortified Health Security and Imperva.

The security measures covered are application security, network security and cloud based measures.The regions covered in this report are North America, APAC region, Europe, Canada and Middle east, South America, Korea and rest of Aisa pacific.The research included Africa and Middle Africa.

(Image Courtesy: www. mcdonaldhopkins.com)

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