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Healthcare Cybersecurity Market Analysis, Revenue Share, Company Profiles & Forecast Till 2032

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David
Healthcare Cybersecurity Market Analysis, Revenue Share, Company Profiles & Forecast Till 2032

Global Healthcare Cybersecurity Market size will expand considerably through 2032. Surging instances of data leaks in developing economies are a key driver behind market growth. The adoption of electronic health records (EHRs), telemedicine, and connected medical devices has revolutionized healthcare delivery making these countries prone to cyberattacks. As a result, healthcare organizations are investing heavily in device security solutions to protect sensitive patient data and ensure the safe operation of medical equipment.

The overall healthcare cybersecurity market is divided based on threat, security measures, deployment, end-use, and region.

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Based on threat, the healthcare cybersecurity market value from the ransomware segment will grow exponentially through 2032. Ransomware attacks involve malicious actors encrypting critical data and demanding a ransom in exchange for its release. The healthcare sector, with its valuable patient data and critical operations, has become an attractive target. The need for effective cybersecurity measures has grown to prevent and respond to ransomware attacks. Growing adoption of anti-ransomware software for managing cyberattacks in healthcare organizations is supporting segment expansion.

Based on security measures, the healthcare cybersecurity market share from the device security segment will grow at over 18.5% CAGR from 2023 to 2032. Favorable government policies for medical device safety are contributing to segment growth. In fact, regulatory agencies, such as the U.S. FDA, have issued guidelines and regulations to address these concerns, emphasizing the need for manufacturers to incorporate security features and implement risk management practices. Compliance with these regulations has driven the demand for cybersecurity solutions in the medical device industry.

In terms of end-use, the healthcare cybersecurity industry from the hospital segment will amass over USD 30 billion by 2032. The increasing use of interconnected medical devices, such as infusion pumps and electronic health record systems, has introduced cybersecurity risks in hospitals. Vulnerabilities in these devices can be exploited to gain unauthorized access, manipulate patient data, or even disrupt medical procedures. In this regard, hospitals are implementing cybersecurity protocols to protect these devices and ensure patient safety.

Europe healthcare cybersecurity industry share will witness a notable CAGR from 2023 to 2032. Increasing adoption of digital health solutions, the growing number of cyberattacks targeting hospitals, and the stringent regulatory landscape are contributing to regional growth. The European Union's (EU) General Data Protection Regulation (GDPR) has played a crucial role in driving the adoption of device security measures across the region, as healthcare organizations strive to comply with the stringent data protection requirements and avoid hefty fines for non-compliance.

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Table of Contents (ToC) of the report:

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market scope and definitions

1.3 Base estimates and working

1.4 Forecast parameters

1.5 COVID-19 impact analysis at global level

1.6 Data validation

1.7 Data sources

1.7.1 Primary

1.7.2 Secondary

1.7.2.1 Paid sources

1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Healthcare cybersecurity industry 360° synopsis, 2018 - 2032

2.1.1 Business trends

2.1.2 Threat type trends

2.1.3 Security measures trends

2.1.4 Deployment trends

2.1.5 End-use trends

2.1.6 Regional trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/healthcare-cybersecurity-market

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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