U.S. Healthcare Cyber Security Market Size & Outlook
- Healthcare IT
- Healthcare Information and Management Systems
- Healthcare Cyber Security Market Outlook
- Healthcare Information and Management Systems
U.S. Healthcare Cyber Security Market, 2018-2030 (US$M)
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U.S. healthcare cyber security market highlights
- The U.S. healthcare cyber security market generated a revenue of USD 5,394.6 million in 2023 and is expected to reach USD 16,055.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 16.9% 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.
Healthcare cyber security market data book summary
| Market revenue in 2023 | USD 5,394.6 million |
| Market revenue in 2030 | USD 16,055.6 million |
| Growth rate | 16.9% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Pharma & Chemicals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 31.2% of the global healthcare cyber security market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. healthcare cyber security market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,783.5 million by 2030.
Favorable initiatives that support healthcare cybersecurity and rise in investments for cybersecurity are the factors boosting U.S. healthcare cybersecurity market. The 2019 fiscal year budget for U.S. exhibited an increase of 4% as compared to the previous year.
According to an analysis by Taxpayers for Common Sense, federal spending for tackling cyberattacks increased from USD 7.5 billion in 2007 to USD 28 billion in 2016.
Implementation of Cybersecurity Act, 2015 for increasing cybersecurity is an example of an initiative. The U.S. has a well-developed healthcare IT infrastructure and high investments for modernizing healthcare IT.
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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 |
U.S. 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 46.15% in 2023.
Horizon Databook has segmented the U.S. 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.
Favorable initiatives that support healthcare cybersecurity and rise in investments for cybersecurity are the factors boosting U.S. healthcare cybersecurity market. The 2019 fiscal year budget for U.S. exhibited an increase of 4% as compared to the previous year.
According to an analysis by Taxpayers for Common Sense, federal spending for tackling cyberattacks increased from USD 7.5 billion in 2007 to USD 28 billion in 2016.
Implementation of Cybersecurity Act, 2015 for increasing cybersecurity is an example of an initiative. The U.S. has a well-developed healthcare IT infrastructure and high investments for modernizing healthcare IT.
- U.S. Healthcare Cyber Security Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Pharma & Chemicals
- Medical Devices
- Health Insurance
- Hospitals
- Others
- U.S. 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
- U.S. 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 country-level data and insights on the U.S. Healthcare Cyber Security Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Healthcare Cyber Security Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.S. Healthcare Cyber Security Market, 2018-2030 (US$M)
U.S. healthcare cyber security market statistics, by end use, 2018-2030 (US$M)
