Healthcare Cyber Security Market by End-Use (Pharmaceuticals & Chemicals, Medical Devices, Health Insurance, Hospitals), by Type of Threat (Malware, DDoS, Advanced Persistent Threat (APT), Spyware, Lost, Stolen Devices), by Type of Solution (Identity and Access Management, Risk and Compliance Management, Antivirus and Antimalware, DDoS Mitigation, Security Information, Event Management (SIEM), Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)) and Segment Forecasts To 2022

Published: Nov, 2015 | Pages: 95 | Publisher: Grand View Research
Industry: Healthcare | Report Format: Electronic (PDF)

Global healthcare cyber security market size is expected to reach nearly USD 10,848.87million by 2022, according to a new report by Grand View Research, Inc. Key factors attributing to the growth of the market include the increasing incidences of cyber attacks for misuse of electronic patient health records (E-PHR), social security records, IP theft, and others.

Cyber attacks are constantly increasing across the globe. On previous encounters it was witnessed that cyber attacks were focused on stealing, financial information, billing information, and bank account numbers using stolen devices with un-encrypted data, phishing and spam mails. Technological advancements have led to advanced cyber warfare using SQL injections, advanced persistent threats (APT), zero day attacks, and advanced malware.

Lack of adequate IT spending by healthcare organizations and lack of awareness about cyber crime have exposed the vulnerabilities of healthcare organizations. The overall impact of cyber attacks on the hospitals and healthcare systems is estimated to be nearly six billion per year.

Furthermore, these organizations face internal threats due to factors such as the use of cloud services, unsecure networks, employee negligence, bring your own device (BYOD), lack of internal identification and security systems, stolen devices with un-encrypted files.

Healthcare cyber security market is segmented by, type of threat into malware, ddos, advanced persistent threat (apt), spyware, lost and stolen devices, others. In 2013, Boston Scientific, St.Jude Medical and, Medtronic witnessed cyber attacks and hacking. In 2015, Anthem, which is the second largest health insurance provider in the U.S., witnessed a massive cyber attack leading to loss of 80 million customer records.

Security information and event management (SIEM),risk and compliance management, DDoS mitigation, antivirus, antimalware, identity and access management, intrusion detection system (IDS)/intrusion prevention system (IPS) and others are the solutions included in the scope of the study. These solutions can be used individually or can be used as a suite of products providing layer wise security.

Market dynamics in this sector are dependent on the type of threat, effectiveness, and frequency of attack, ability to detect and destroy. New types of threats are detected each day, hence, the solutions need to be upgraded constantly to provide adequate firewall security and prevent data breach.

Further key findings from the study suggest:

In 2014, North America held the largest market share of more than 41% owing to the presence of sophisticated healthcare infrastructure, and increasing collaboration between pharmaceutical, medical device industries, with regulatory authorities. This can be illustrated using the U.S FDA guidance document on networked medical devices.
Furthermore, the U.S. is a prime target for cyber crimes due to, the presence of large fortune 500 healthcare organizations, full scale implementation of digital patient records, and use of extensive social security ids for various transactions.
Asia Pacific is identified as one of the most lucrative regional market, growing at a CAGR of over 8.5% during the forecast period. Rapidly improving healthcare infrastructure and high level economic growth in developing countries such as China, India, and South Korea is expected to boost usage rates over the forecast period.
Increasing number of internet users in China and India is expected to create a huge user base vulnerable to cyber attacks. According to data published by the Internet and Mobile Association of India (IAMAI), the internet user base in India is expected to reach nearly 402 million by December 2015
Key players operating in the healthcare cyber security market include, Cisco, IBM, MacAfee, Paulo Alto Networks, Symantec, Trend Micro Lockheed Martin, FireEye, Northrop Grumma, Kaspersky etc.

Table of Content

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Healthcare Cyber Security - Industry Snapshot and Key Buying Criteria, 2012 - 2022
Chapter 3. Healthcare Cyber Security Market Industry Outlook
3.1. Healthcare Cyber Security Market Segmentation
3.2. Healthcare Cyber Security Market Size and Growth Prospects
3.3. Healthcare Cyber Security Market Dynamics
3.3.1. Market Driver Analysis
3.3.1.1. Growing Threat of Cyber Attacks on Healthcare Organizations
3.3.1.1.1. U.S.FBI Private Industry Notification (PIN) - Healthcare
3.3.1.2. Health Insurance Portability and Accountability (HIPPA) Act
3.3.1.3. Low Penetration of Information Security Systems in Healthcare Sector
3.3.1.4. Increasing Regulatory Requirements for Networked Devices
3.3.2. Market Restraint Analysis
3.3.2.1. Lack of Cyber Security Policy Framework in Healthcare Organizations
3.3.2.2. Low Awareness levels and In-Sufficient Budget allocations
3.4. Key Opportunities Prioritized
3.5. Industry Analysis - Porter's
3.6. Healthcare Cyber Security Market PESTEL Analysis, 2014
Chapter 4. Healthcare Cyber Security Market, by End-Use
4.1. Healthcare Cyber Security Market Share by End-Use, 2014 & 2022
4.2. Pharmaceuticals & Biotech
4.2.1. Pharmaceuticals & Biotech Estimates and Forecasts, 2012 - 2022 (USD Million)
4.3. Insurance
4.3.1. Insurance Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.4. Medical Devices
4.4.1. Medical Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.5. Hospitals
4.5.1. Hospitals Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.6. Others
4.6.1. Others Market Estimates and Forecasts, 2012 - 2022 (USD Million)
Chapter 5. Healthcare Cyber Security Market, by Type of Threat
5.1. Healthcare Cyber Security Market Share by Type of Threat, 2014 & 2022
5.2. Malware
5.2.1. Malware Market Estimates and Forecasts, 2012 - 2022 (USD Million)
5.3. DDOS
5.3.1. DDOS Market Estimates and Forecasts, 2012 - 2022 (USD Million)
5.4. Advanced Persistent Threats (APT)
5.4.1. Advanced Persistent Threats (APT) Market Estimates and Forecasts, 2012 - 2022 (USD Million)
5.5. Spyware
5.5.1. Spyware Market Estimates and Forecasts, 2012 - 2022 (USD Million)
5.6. Lost or Stolen Devices
5.6.1. Lost or Stolen Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
5.7. Others
5.7.1. Others Market Estimates and Forecasts, 2012 - 2022 (USD Million)
Chapter 6. Healthcare Cyber Security Market, by Type of Solution
6.1. Healthcare Cyber Security Market Share by Type of Solution, 2014 & 2022
6.2. Identity and Access Management
6.2.1. Identity and Access Management Estimates and Forecasts, 2012 - 2022 (USD Million)
6.3. Risk and Compliance Management
6.3.1. Risk and Compliance Management Market Estimates and Forecasts, 2012 - 2022 (USD Million)
6.4. Antivirus and Antimalware
6.4.1. Antivirus and Antimalware Estimates and Forecasts, 2012 - 2022 (USD Million)
6.5. Distributed Denial of Service (DDoS) Mitigation
6.5.1. Distributed Denial of Service (DDoS) Mitigation Market Estimates and Forecasts, 2012 - 2022 (USD Million)
6.6. Security Information and Event Management (SIEM)
6.6.1. Security Information and Event Management (SIEM) Market Estimates and Forecasts, 2012 - 2022 (USD Million)
6.7. Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
6.7.1. Intrusion Detection System (IDS)/Intrusion Prevention System (IPS) Market Estimates and Forecasts, 2012 - 2022 (USD Million)
6.8. Others
6.8.1. Others Market Estimates and Forecasts, 2012 - 2022 (USD Million)
Chapter 7. Healthcare Cyber Security Market Regional Outlook
7.1. Healthcare Cyber Security Market By Region, 2014 & 2022
7.2. North America
7.2.1. North America Market Estimates and Forecasts, by End-Use, 2012 - 2022 (USD Million)
7.2.2. North America Market Estimates and Forecasts, by Type of Threat, 2012 - 2022 (USD Million)
7.2.3. North America Market Estimates and Forecasts, by Type of Solution, 2012 - 2022 (USD Million)
7.2.3.1. U.S. Market Estimates and Forecasts
7.2.3.2. Canada Market Estimates and Forecasts
7.3. Europe
7.3.1. Europe Market Estimates and Forecasts, by End-Use, 2012 - 2022 (USD Million)
7.3.2. Europe Market Estimates and Forecasts, by Type of Threat, 2012 - 2022 (USD Million)
7.3.3. Europe Market Estimates and Forecasts, by Type of Solution, 2012 - 2022 (USD Million)
7.3.3.1. Germany Market Estimates and Forecasts
7.3.3.2. UK Market Estimates and Forecasts
7.4. Asia Pacific
7.4.1. Asia Pacific Market Estimates and Forecasts, by End-Use, 2012 - 2022 (USD Million)
7.4.2. Asia Pacific Market Estimates and Forecasts, by Type of Threat, 2012 - 2022 (USD Million)
7.4.3. Asia Pacific Market Estimates and Forecasts, by Type of Solution, 2012 - 2022 (USD Million)
7.4.3.1. Japan Market Estimates and Forecasts
7.4.3.2. China Market Estimates and Forecasts
7.5. Latin America
7.5.1. Latin America Market Estimates and Forecasts, by End-Use, 2012 - 2022 (USD Million)
7.5.2. Latin America Market Estimates and Forecasts, by Type of Threat, 2012 - 2022 (USD Million)
7.5.3. Latin America Market Estimates and Forecasts, by Type of Solution, 2012 - 2022 (USD Million)
7.5.3.1. Brazil Estimates and Forecasts
7.5.3.2. Mexico Estimates and Forecasts
7.6. MEA
7.6.1. MEA Market Estimates and Forecasts, by End-Use, 2012 - 2022 (USD Million)
7.6.2. MEA Market Estimates and Forecasts, by Type of Threat, 2012 - 2022 (USD Million)
7.6.3. MEA Market Estimates and Forecasts, by Type of Solution, 2012 - 2022 (USD Million)
7.6.3.1. South Africa Estimates and Forecasts
7.6.3.2. Israel Estimates and Forecasts
Chapter 8. Competitive Landscape
8.1. Cisco
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. IBM
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. FireEye
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Symantec
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Trend Micro
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. MacAfee
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Intel
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Kaspersky
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Lockheed Martin
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Northrop Grumman
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives

List of Tables

TABLE 1 Healthcare Cyber Security Market - Industry Summary & Key Buying Criteria, 2012 - 2022
TABLE 2 Global Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 3 Global Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 4 Global Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million)
TABLE 5 Healthcare Cyber Security Market, by Region, 2012 - 2022 (USD Million)
TABLE 6 Healthcare Cyber Security market - Key market driver analysis
TABLE 7 Healthcare Cyber Security market - Key market restraint analysis
TABLE 8 North America Healthcare Cyber Security Market, by End-Use, 2012 - 2022 (USD Million)
TABLE 9 North America Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million) 
TABLE 10 North America Healthcare Cyber Security market, by Type of solution, 2012 - 2022 (USD Million)
TABLE 11 U.S. Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 12 U.S Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 13 U.S Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million)
TABLE 14 Canada Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 15 Canada Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 16 Canada Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 17 Europe Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 18 Europe Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 19 Europe Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 20 Germany Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 21 Germany Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 22 Germany Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 23 UK Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 24 UK Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 25 UK Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 26 Asia Pacific Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 27 Asia Pacific Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 28 Asia Pacific Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 29 Japan Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 30 Japan Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 31 Japan Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 32 China Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 33 China Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 34 China Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 35 Latin America Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 36 Latin America Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 37 Latin America Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 38 Brazil Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 39 Brazil Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 40 Brazil Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 41 Mexico Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 42 Mexico Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 43 Mexico Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 44 MEA Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 45 South Africa Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 46 South Africa Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 47 South Africa Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)
TABLE 48 Israel Healthcare Cyber Security market, by Type of Threat, 2012 - 2022 (USD Million)
TABLE 49 Israel Healthcare Cyber Security market, by Type of Solution, 2012 - 2022 (USD Million
TABLE 50 Israel Healthcare Cyber Security market, by End-Use, 2012 - 2022 (USD Million)