Canada Healthcare Cyber Security Market Size & Outlook
Canada healthcare cyber security market, 2018-2030 (US$M)
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Canada healthcare cyber security market highlights
- The Canada healthcare cyber security market generated a revenue of USD 1,487.9 million in 2023 and is expected to reach USD 4,783.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 18.2% 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.
Healthcare cyber security market data book summary
| Market revenue in 2023 | USD 1,487.9 million |
| Market revenue in 2030 | USD 4,783.5 million |
| Growth rate | 18.2% (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, Canada accounted for 8.6% 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.
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Healthcare Cyber Security Market Scope
Healthcare Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 46.15% in 2023. Horizon Databook has segmented the Canada 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 Canadian market is driven by rise in investment by government for cybersecurity, growing adoption of healthcare IT technologies, and presence of cybersecurity companies. Canada has a strong focus toward medical and healthcare infrastructure.
Canada has developed standards for eHealth and most of the policies are in implementation phase. For instance, Canada Health Infoway is a federally funded organization with dedicated standards.
The key program initiated by this agency includes EHR registries, imaging system, infrastructure laboratory system, interoperable EHR, telehealth, and innovation in eHealth. The key strength of Canadian system is its focus on strategic investments in projects that empower national health agenda.
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Target buyers of Canada 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 country-level data and insights on the Canada healthcare cyber security market , including forecasts for subscribers. This country databook contains high-level insights into Canada healthcare cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada healthcare cyber security market size, by end use, 2018-2030 (US$M)
Canada Healthcare Cyber Security Market Outlook Share, 2023 & 2030 (US$M)
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