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The global Health care Cyber security market is estimated to reach a CAGR of 15% during the forecast period 2018-2022

The healthcare is one such industry vertical which requires the need of cyber security after government sector.

HYDERABAD, TELANGANA, INDIA, September 4, 2018 / -- The technological developments in healthcare have improved the quality of life. The advancements have made a huge impact on various medical processes and also helped healthcare professionals in handling their work with ease.

Health care data breaches are likely to increase with the extensive use of electronic healthcare information system. This can be attributed to security practices implemented in the healthcare which are less sophisticated when compared to other industries. Medical records act as valuable sources to cybercriminals as they include credit card and insurance number and other medical information. The criminals use these medical records to bill insurance or receive free medical services.

The modern healthcare organizations are using medical devices which store patients’ information. These medical devices are becoming interconnected where the data can be even transferred to a patient’s cell phone or laptop. The interconnectivity of these medical devices creates a way for the devices to be attacked. Along with the medical devices, even the IT system which contains personal health care information (PHI) can be attacked. PHI includes personal information, medical records and payment information. Because of the availability of this sensitive information’s, the healthcare industry becomes targeted to various cyber-attacks. Protecting the organization from such vulnerable attacks creates an opportunity for the healthcare cyber security market to grow.

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The limited resource for cyber security is a concern among the healthcare organizations. These organizations need to compete with other demands such as- need for new medical technology and other basic supplies. As a result, most of the healthcare organizations cannot afford security services to protect their network and systems. Organizations consider cyber security as an IT related problem. Healthcare professionals such as doctors, nurses are unaware of the various cyber threats impacting the organization. This is due to the lack of knowledge on various kinds of cyber threats. These are some of the challenges faced by the healthcare cyber security market.

In the recent times, there has been increased cyber-attacks targeting hospitals. To deal with this, new regulations standard from Health Insurance Probability and Accountability Act (HIPAA) have provided various business opportunities for vendors of cyber security market. Healthcare organizations are trying to adopt Artificial Intelligence (AI) for better security services. Companies like Darktrace, ClearData have come up with various platforms and security solutions.

Darktrace is a provider of cloud-based security solutions for healthcare, government and defense. Darktrace has joined hands to work with Swope Health Services. Darktrace’s Enterprise Immune System has been deployed into the core network of Swope Health Service. Upon installation, the organization is instantly able to see every device on its network, including all endpoints. The visualization of its network is mapped onto the 3D graphical interface, the Threat Visualizer, which ranks potential anomalies by their level of deviation from the normal – streamlining resource allocation and enabling more efficient processes.

ClearData provides services on HIPAA complaint cloud hosting and information security services for the healthcare industry. The company has come up with CareCloud which was built to enhance patient experience by using secured and compliant DevOps automation.

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The healthcare industry has an urgent need to deploy new security solutions in order to address the challenges related to cyber security. This will provide business opportunity to various vendors of cyber security and it is expected that startups will take initiative in coming up with solutions to counteract various cyber threats. The cyber security market in healthcare is expected to be grow with vendors and startups working on various application and solutions.

Cybersecurity in Healthcare market is segmented as indicated below:
1. Healthcare Cyber Security Market – By Type
1.1. Services
1.1.1. Cyber consulting
1.1.2. GDPR
1.1.3. Others
1.2. Solutions
1.2.1. Security Solutions Web application based security Mobile application based security
1.2.2. Endpoint Security
1.2.3. Threat Detection
1.2.4. Data Loss Prevention
1.2.5. Email encryption
1.2.6. Incident Response

2. Healthcare Cyber Security Market - By End user
2.1. Providers
2.1.1. Hospitals
2.1.2. Clinics
2.2. Business Associates
2.2.1. Payments
2.2.2. Health records
2.3. Payers
2.3.1. Insurance carriers
2.3.2. Health plan sponsors

3. Healthcare Cyber Security Market – By Market Entropy
4. Healthcare Cyber Security Market – By Geography

Companies Cited/Interviewed/Referenced
Ca technologies
Cipher Cloud
Citrix Solutions
Company 20+

Related Reports:

A. Human Factor Security Market

B. Cyber Security Market

What can you expect from the report?
The Cyber Security Market In Healthcare Report is Prepared with the Main Agenda to Cover the following 20 points:

1. Market Size by Product Categories
2. Market trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis ( By Revenue & Volume )
12. Country level Analysis (15+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis

Frequently Asked Questions:

Q. Does IndustryARC publish country, or application based reports in Cyber Security Market In Healthcare?
Response: Yes, we do have separate reports and database as mentioned below:

1. North America Cyber Security Market In Healthcare (2018-2023)
2. South America Cyber Security Market In Healthcare (2018-2023)
3. Europe Cyber Security Market In Healthcare (2018-2023)
4. Asia Pacific Cyber Security Market In Healthcare (2018-2023)
5. Middle East and Africa Cyber Security Market In Healthcare 2018-2023)
6. GDPR Cyber Security Market In Healthcare (2018-2023)
7. Threat Detection Cyber Security Market In Healthcare (2018-2023)
8. Health plan sponsors Cyber Security Market In Healthcare (2018-2023)
9. Clinics Cyber Security Market In Healthcare (2018-2023)

Q. Does IndustryARC provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization

1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography or product chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

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