Middle East & Africa Healthcare Cyber Security Market Size & Outlook
- Healthcare IT
- Healthcare Information and Management Systems
- Healthcare Cyber Security Market Outlook
- Healthcare Information and Management Systems
Middle East Africa Healthcare Cyber Security Market, 2018-2030 (US$M)
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MEA healthcare cyber security market highlights
- The MEA healthcare cyber security market generated a revenue of USD 1,049.7 million in 2023.
- The market is expected to grow at a CAGR of 19% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,049.7 million |
| Market revenue in 2030 | USD 3,557.6 million |
| Growth rate | 19% (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, MEA region accounted for 6.1% 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.
Middle East cybersecurity market is in the developing stage. Countries in this region are undergoing digital transformation including mass adoption of advanced and connected technologies. The countries in this region are increasingly investing in ICT.
Middle Eastern countries like Saudi Arabia, Qatar, United Arab Emirates (UAE), Kuwait, and Oman are prospering economies and advancements in healthcare systems that will lead to adoption of eHealth in these countries.
Thus, threat of cyberattacks is rising in Middle East. Public organizations in the region are striving to develop a secure digital infrastructure. Cybercrimes are one of the highest economic crimes that affected nearly 30% organizations in 2016. All these factors are driving the demand for cybersecurity solutions.
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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 |
Middle East & Africa 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 85.56% in 2023.
Horizon Databook has segmented the Middle East & Africa 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.
Middle East cybersecurity market is in the developing stage. Countries in this region are undergoing digital transformation including mass adoption of advanced and connected technologies. The countries in this region are increasingly investing in ICT.
Middle Eastern countries like Saudi Arabia, Qatar, United Arab Emirates (UAE), Kuwait, and Oman are prospering economies and advancements in healthcare systems that will lead to adoption of eHealth in these countries.
Thus, threat of cyberattacks is rising in Middle East. Public organizations in the region are striving to develop a secure digital infrastructure. Cybercrimes are one of the highest economic crimes that affected nearly 30% organizations in 2016. All these factors are driving the demand for cybersecurity solutions.
- Middle East & Africa Healthcare Cyber Security Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Pharma & Chemicals
- Medical Devices
- Health Insurance
- Hospitals
- Others
- Middle East & Africa 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
- Middle East & Africa 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 Middle East & Africa Healthcare Cyber Security Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Healthcare Cyber Security Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Healthcare Cyber Security Market, 2018-2030 (US$M)
MEA healthcare cyber security market statistics, by end use, 2018-2030 (US$M)
