What is Healthcare IT Security Market Scope?
According to estimates, the adoption of endpoint detection and response solutions is increasing significantly in the coming years. Endpoint detection and response solutions including on-premises and cloud-based are expected to reach USD ~7 million by the year 2026. The rising factors are the driving factors are an increase in the sophistication of cyberattacks. There are new types of endpoints and endpoint attacks in the market. These endpoints include desktops, servers, laptops, tablets, smartphones, IoT devices, smartwatches, digital assistants. The market-leading players are adding new capabilities and features to improve the threat intelligence.
Influencing Trend:
Development in Technology Such as Cloud-Based Technology
Market Growth Drivers:
Growing Requirement to Mitigate IT Security Risks, The Rise in Occurrence of Enterprises Endpoint Targeted Attacks and Rising Demand for Advanced Cybersecurity Solutions & Privacy
Challenges:
High Cost Associated with Endpoint Detection and Response Solutions
Restraints:
Lack of Professional Experts
Opportunities:
Rise In Healthcare Data Breaches and Increase Impact of COVID-19 on the Industry Vertical Obstructs the Growth of this Market
The Healthcare IT Security market study is being classified by Type (Digital identity, Digital workplace security and Data protection and governance), by Application and major geographies with country level break-up.
The service providers are operating in this industry are expanding their geographical regions in new regions by adopting various organic and inorganic market growth strategies such as mergers & acquisitions, expansions, investments, new solution launches, and many others. Key players are exploring new opportunity areas through expansions and acquisitions across the globe to avail of competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Healthcare IT Security market throughout the predicted period.
FireEye, Inc. (United States), Palo Alto Networks, Inc. (United States), Sophos Ltd. (United States), Juniper Networks, Inc. (United States), Fortinet, Inc. (United States), Cisco Systems, Inc. (United States), Checkpoint Software Technologies Ltd. (United States), Imperva (United States), IBM Corporation (United States) and Intel Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are McAfee LLC (United States), LogRhythm, Inc. (United States) and NortonLifeLock Inc. (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Healthcare IT Security market by Type, Application and Region.
On the basis of geography, the market of Healthcare IT Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In Nov 2020, Royal Philips announced a partnership with Cyber MDX for the integration and enhancing strategic security solutions for Phillips’s customers. Through this initiative, the company is becoming more competent in the market and increasing its market share in this industry.
In October 2023,HITRUST this week announced the launch of its new HITRUST AI Assurance Program, designed to help healthcare organizations develop strategies for secure and sustainable use of artificial intelligence models.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Healthcare IT Security Service Providers, Government Regulatory and Research Organizations and End-Use Industries
Healthcare IT Security Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Healthcare IT Security Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Healthcare IT Security industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.