The US Healthcare Organization is Expected to Hit US$ XX billion by the End of 2031, Expanding at a Considerable CAGR of XX% during the forecast period 2022 and 2031.

Nowadays, patients and consumers in the US healthcare industry are empowered by technology that compels healthcare organizations to explore new forms and channels of health care services. The continuous evolution of patient and consumer behavior means healthcare organizations must align their business models to focus more on emerging consumer demand and preference. As the healthcare industry embarks on digital transformation journey, healthcare organizations strive to digitize their processes to streamline patient care and health care services. With the rising digitization in the healthcare industry, cyber-attacks are also increased at an exponential rate that has increased the need for adoption of enhanced cyber security measures to safeguard patient and business information.

DataCube Research offers market analysis, trends, future outlook, market size, and forecast for the research study titled “US Healthcare Cyber Security Market: Industry Analysis, Size and Forecast, 2019-2031."

Browse Full Report: US Healthcare Cyber Security Market | Analysis 2019-2031

Segment Analysis

The US healthcare cyber security market is segmented into offering, services, software, organization size, deployment model, and region. Based on services, the US healthcare cyber security market is bifurcated into risk assessment service, implementation and integration service, consulting service, and training and support. In 2021, the consulting service sub-segment dominated the service segment. Whereas, in terms of revenue growth, the consulting sub-segment is projected to increase by around two fold by 2031 as compared to that in 2021.

The software segment includes data security, security threat intelligence and analytics, control & intelligence, cloud security, endpoint security, data governance and compliance automation, mobile security and protection, identity and access management (IDAM), network security, Other (social media protection and inside threat protection) sub-segments. Among software, data security and control & intelligence segments are expected to expand at the healthy CAGR during the forecast period.

By deployment model, we have analyzed the overall US healthcare cyber security market into cloud and on-premise segment. In 2021, the on-premise segment dominated the US healthcare cyber security market. While, in terms of revenue growth, the cloud segment is projected to expand at the highest CAGR during the forecast period between 2022 and 2031 owing to increase in need for IT cost management and to ensure higher security.

Based on organization size, the market is segmented into micro, small, medium, and large enterprise. Expenditure on healthcare cyber security software and services by medium enterprises in the US is projected to increase by XX by the 2031 over 2021.

Regional Outlook

The US healthcare cyber security market is analyzed across five major region such as New York, California, Florida, Texas, and Rest of the US. In 2021, Texas, Florida, and California collectively accounted for around XX% share of the overall US healthcare cyber security market.

Market Scenario

Increasing digital transformation of healthcare services; rising cyber-attacks in the healthcare industry; government mandates and regulations; and growth in the adoption of cloud based healthcare solutions are projected to drive the US healthcare cyber security market growth. However, lack of trained professional, lack of IT security budget allocation, and difference in security maturity among different units of healthcare organizations are anticipated to hinder the market growth to certain extent.

US Healthcare Cyber Security Market Competition Analysis

Key players are focused towards acquiring and collaborating with technology providers to expand their product portfolio and customer base. Major vendors operating in the US healthcare cyber security market are Ernst & Young LLP, TELUS Corporation, Deloitte Touche Tohmatsu, PricewaterhouseCoopers LLP, IBM Corporation, CGI Group Inc., Accenture PLC, KPMG LLP, and Oracle Corporation.