Cybersecurity in healthcare includes the protection of electronic information and assets from unauthorized admittance, use, and disclosure. There are three objectives of cybersecurity: safeguarding the confidentiality, integrity, and obtainability of information, also well-known as the CIA triad. Healthcare cybersecurity has transformed dramatically during the last ten years with the advent of the Internet of Things (IoT) devices growing on the medical network. IoT technologies are speedily becoming part of the high-tech medical arena. Medical devices are now connected to the network to assist the doctors, nurses, and support teams deliver the critical care services for patients.
According
to the report analysis, ‘Global
Healthcare Cybersecurity Market: Current Analysis and Forecast (2021-2027)’
states that the healthcare industry is
projected to spend USD xx Billion on Cybersecurity From 2020 to 2025, as
revealed by Herjavec Group. The requirement for cybersecurity witnessed a sharp
rise owing to the growth in cyber-attacks due to COVID-19. Hacking patients'
medical devices is a common cyberattack throughout the COVID-19 pandemic
because more patients are utilizing the remote care. The temporary and
makeshift medical amenities being utilized to care for individuals infected
with the novel coronavirus have generated more vulnerabilities for hackers to
exploit.
Healthcare
Cybersecurity solutions are being sold for countless purposes such as identity
and access management, risk and compliance management, antivirus and
antimalware, security information and event management, and imposition
detection system. The several medium as per availability The recognise and
access management segment grabbed the considerable market share.
Augmented
the number of cyber-attacks and rise in requirement for cloud services
influence the growth of the global healthcare cyber security industry. In
addition, regulatory and government policies motivating improvement in the
security standards of the healthcare industry positively impact the growth of
the healthcare cyber security market growth. However, great implementation cost
of healthcare cyber security solutions limits the market. On the contrary,
augmented the digital dependence and industry 4.0 trends are projected to
propose the remunerative opportunities for enlargement of the healthcare cyber
security market during the review period.
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Region
wise, the healthcare cyber security market was registered by North America in
2020, and is projected to retain its position throughout the forecast period,
owing to its strict healthcare privacy policies. In addition, the augmented
number of cyber-attacks in the region is projected to propel the market for
healthcare cyber security technology during the forecast duration. However,
Asia-Pacific is predicted to witness significant growth during the review
period due to some speedy technological and economical advancements in the
region, which is projected to fuel the growth of healthcare cyber security
solutions in the region during the coming few years.
The
effective rise in the volume of cyber-threat vectors and attacks owing to
inadequate security measures is a foremost concern for the healthcare industry,
which is predicted to drive the usage of security solutions. This has empowered
the acceptance of assisting government policies and measures to safeguard the
patient information from data breaches that is incentivizing healthcare
providers to utilize the advanced cyber security solutions to safeguard their
healthcare data. For instance, the U.S. government established "the Health
Insurance Portability and Accountability Act (HIPAA)" in order to motivate
the healthcare institutions to keep healthcare data private and secret. Such
aspects contribute toward the Growth of Healthcare Cyber Security
Market Size during the forthcoming
years.
An
augmenting number of cyber-attacks in the healthcare industry, a raise in
threats, and anxiety for privacy and security are underwriting to the growth of
the market. The augment in cases of cyber-attacks and data breaches around the
globe has raised the concern thereby, augmenting requirement for the cyber security.
Furthermore,
countless top cyber security businesses see this crisis as a new chance to
restructure and reassess their existence strategy, as well as improve their
product portfolio. Indeed, the pandemic has augmented the opportunities for the
market to augment exponentially in the coming years. Not only has this, the
technological advancements in the development of dissimilar products to control
cyber-attacks and safeguard the data are projected to boost market
growth. Therefore, it is predicted that during the near period the market
of healthcare cybersecurity market more proficiently over the review period.
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