"Health Insurance Portability and Accountability Act of 1996 (HIPAA) is United States legislation that provides data privacy and security provisions for safeguarding medical information. The law has emerged into greater prominence in recent years with the proliferation of health data breaches caused by cyberattacks and ransomware attacks on health insurers and providers"
According to the report, Increasing Adoption of Cloud-Based Service
is one of the primary growth factors for the market. A Proliferation of IoT Devices in the Healthcare Industry
is also expected to contribute significantly to the Healthcare Cyber Security market. Overall, Small and Medium-sized Enterprises (SMEs)
applications of Healthcare Cyber Security, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End Use, such as Pharmaceuticals & Chemicals, is boosting the Healthcare Cyber Security market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Security Type, such as Application Security, is boosting the Healthcare Cyber Security market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Deployment Model, such as On-premises, is boosting the Healthcare Cyber Security market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Healthcare Cyber Security market identified that the demand is rising in many different parts of the world as "Increasing Data Breaches in Healthcare Industry Across the World
". Furthermore, some recent industry insights like "In April 2018, Symantec announced the development of a powerful threat detection technology, which was used by its world-class research teams. Symantec’s Targeted Attack Analytics (TAA) enables ATP, thereby helping customers leverage advanced machine learning and discover targeted attacks." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Healthcare Cyber Security market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Healthcare Cyber Security market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Healthcare Cyber Security market size is calculated using market estimation process, the Healthcare Cyber Security market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Healthcare Cyber Security market size has been validated using both top-down and bottom-up approaches.