Europe Healthcare Cyber Security Market Size & Outlook
- Healthcare IT
- Healthcare Information and Management Systems
- Healthcare Cyber Security Market Outlook
- Healthcare Information and Management Systems
Europe Healthcare Cyber Security Market, 2018-2030 (US$M)
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Europe healthcare cyber security market highlights
- The Europe healthcare cyber security market generated a revenue of USD 4,518.4 million in 2023.
- The market is expected to grow at a CAGR of 18.1% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Pharma & Chemicals is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 4,518.4 million |
| Market revenue in 2030 | USD 14,462.6 million |
| Growth rate | 18.1% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Pharma & Chemicals |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharma & Chemicals, Medical Devices, Health Insurance, Hospitals |
| Key market players worldwide | Cisco Systems Inc, International Business Machines Corp, Marubeni Corp, Gen Digital Inc, Trend Micro Inc, Intel Corp, Kaspersky Lab, Lockheed Martin Corp, Northrop Grumman Corp, Imperva, Medigate |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.1% of the global healthcare cyber security market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,365.7 million by 2030.
Growing initiatives for supporting healthcare IT, increasing adoption of advanced technologies, and high penetration of mobile phones & internet are some of the factors driving the demand for healthcare cybersecurity solutions.
Increasing funds by public and private companies for healthcare IT projects is also a major factor that helps develop advanced healthcare IT infrastructure.
Establishment of organizations such as European Union Agency for Network and Information Security (ENISA), Europol’s Cybercrime Centre, and The EU Computer Emergency Response Team for enhancing cybersecurity in Europe, and favorable government initiatives such as development of EU Cybersecurity Strategy (2013), European Agenda on Security (2015) are some of the factors boosting healthcare cybersecurity in Europe.
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Healthcare Cyber Security Market Scope
Healthcare Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Intel Corp | View profile | 124,800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | www.intel.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Cisco Systems Inc | View profile | 84,900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | www.cisco.com |
| Lockheed Martin Corp | View profile | 122,000 | 6801 Rockledge Drive, Bethesda, MD, United States, 20817 | www.lockheedmartin.com |
| Trend Micro Inc | View profile | 7,432 | Shibuya-ku, 2-1-1 Shinjuku Maynds Tower, Yoyogi, Tokyo, Japan, 151-0053 | www.trendmicro.co.jp |
| Gen Digital Inc | View profile | 3,400 | 60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, United States, 85281 | www.gendigital.com |
| Imperva | View profile | 1001-5000 | Redwood Shores, California, United States, North America | www.imperva.com |
| Northrop Grumman Corp | View profile | 101,000 | 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 | www.northropgrumman.com |
| Marubeni Corp | View profile | 53,097 | Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, Japan, 103-6060 | www.marubeni.com |
| Kaspersky Lab | View profile | 1001-5000 | Moscow, Moscow City, Russian Federation, Europe | www.kaspersky.com |
Europe Healthcare Cyber Security Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Healthcare Cyber Security Market Outlook will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 70.91% in 2023.
Horizon Databook has segmented the Europe healthcare cyber security market based on pharma & chemicals, medical devices, health insurance, hospitals covering the revenue growth of each sub-segment from 2018 to 2030.
Growing initiatives for supporting healthcare IT, increasing adoption of advanced technologies, and high penetration of mobile phones & internet are some of the factors driving the demand for healthcare cybersecurity solutions.
Increasing funds by public and private companies for healthcare IT projects is also a major factor that helps develop advanced healthcare IT infrastructure.
Establishment of organizations such as European Union Agency for Network and Information Security (ENISA), Europol’s Cybercrime Centre, and The EU Computer Emergency Response Team for enhancing cybersecurity in Europe, and favorable government initiatives such as development of EU Cybersecurity Strategy (2013), European Agenda on Security (2015) are some of the factors boosting healthcare cybersecurity in Europe.
- Europe Healthcare Cyber Security Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Pharma & Chemicals
- Medical Devices
- Health Insurance
- Hospitals
- Others
- Europe Healthcare Cyber Security Market Type of Threat Outlook (Revenue, USD Million , 2018-2030)
- Malware
- DDoS
- Advanced Persistent Threats (APT)
- Spyware
- Lost or Stolen Devices
- Others
- Europe Healthcare Cyber Security Market Type of Solution Outlook (Revenue, USD Million , 2018-2030)
- Identity and Access Management
- Risk and Compliance Management
- Antivirus and Antimalware
- DDoS Mitigation
- Security Information and Event Management (SIEM)
- Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Healthcare Cyber Security Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Healthcare Cyber Security Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Healthcare Cyber Security Market, 2018-2030 (US$M)
Europe healthcare cyber security market statistics, by end use, 2018-2030 (US$M)
