Asia Pacific Healthcare Cyber Security Market Size & Outlook
Asia Pacific healthcare cyber security market, 2018-2030 (US$M)
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Asia Pacific healthcare cyber security market highlights
- The Asia Pacific healthcare cyber security market generated a revenue of USD 3,963.6 million in 2023.
- The market is expected to grow at a CAGR of 20.2% 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, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,963.6 million |
| Market revenue in 2030 | USD 14,365.7 million |
| Growth rate | 20.2% (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, Asia Pacific region accounted for 22.9% 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.
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Healthcare Cyber Security Market Scope
Healthcare Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 73.8% in 2023. Horizon Databook has segmented the Asia Pacific 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.
The cybersecurity landscape is transitioning in Asia Pacific region. This region is witnessing reforms in terms of cybersecurity in countries such as Australia, Japan, the Philippines, and China. Privacy Commissioner for Personal Data, Hong Kong (PCPD) announced to implement a data protection reform similar to Europe’s General Data Protection Regulation.
The Philippines announced a new data protection initiative that includes a right to data portability, notifying data breach within 72 hours, and precise regulation of automated profiling. Such initiatives in this region are expected to boost the market growth in coming years.
The cybersecurity budgets are rising in Asia Pacific. According to data published by Asia Insurance Review, 74% of organizations have allocated 5% to 15% of their IT budget for cybersecurity. Kaspersky Lab, Atos SE, FireEye, Inc., and Cyberoam are among the key players in Asia Pacific healthcare cybersecurity market.
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Target buyers of Asia Pacific healthcare cyber security market databook
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Our clientele includes a mix of healthcare cyber security market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific healthcare cyber security market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific healthcare cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific healthcare cyber security market size, by country, 2018-2030 (US$M)
Asia Pacific Healthcare Cyber Security Market Outlook Share, 2023 & 2030 (US$M)
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