Europe Healthcare Cyber Security Market Size & Outlook

The healthcare cyber security market in Europe is expected to reach a projected revenue of US$ 14,462.6 million by 2030. A compound annual growth rate of 18.1% is expected of Europe healthcare cyber security market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,518.4
Forecast, 2030 (US$M)
$14,462.6
CAGR, 2024 - 2030
18.1%
Report Coverage
Europe

Europe healthcare cyber security market highlights

  • The Europe healthcare cyber security market generated a revenue of USD 4,518.4 million in 2023.
  • The market is expected to grow at a CAGR of 18.1% 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, Germany is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 4,518.4 million
Market revenue in 2030USD 14,462.6 million
Growth rate18.1% (CAGR from 2023 to 2030)
Largest segmentHospitals
Fastest growing segmentPharma & Chemicals
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPharma & Chemicals, Medical Devices, Health Insurance, Hospitals
Key market players worldwideCisco 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, Europe region accounted for 26.1% 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.

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Healthcare Cyber Security Market Scope

Healthcare cyber security market segmentation & scope
Pharma & Chemicals
Medical Devices
Health Insurance
Hospitals
Others
Malware
DDoS
Advanced Persistent Threats (APT)
Spyware
Lost or Stolen Devices
Others
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

Healthcare Cyber Security Market Companies

Name Profile # Employees HQ Website

Europe 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 70.91% in 2023. Horizon Databook has segmented the Europe 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.


Growing initiatives for supporting healthcare IT, increasing adoption of advanced technologies, and high penetration of mobile phones & internet are some of the factors driving the demand for healthcare cybersecurity solutions. 

Increasing funds by public and private companies for healthcare IT projects is also a major factor that helps develop advanced healthcare IT infrastructure. 

Establishment of organizations such as European Union Agency for Network and Information Security (ENISA), Europol’s Cybercrime Centre, and The EU Computer Emergency Response Team for enhancing cybersecurity in Europe, and favorable government initiatives such as development of EU Cybersecurity Strategy (2013), European Agenda on Security (2015) are some of the factors boosting healthcare cybersecurity in Europe.

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Target buyers of Europe healthcare cyber security market databook

  • Our clientele includes a mix of healthcare cyber security market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 Europe healthcare cyber security market , including forecasts for subscribers. This continent databook contains high-level insights into Europe healthcare cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe healthcare cyber security market size, by country, 2018-2030 (US$M)

Europe Healthcare Cyber Security Market Outlook Share, 2023 & 2030 (US$M)

Europe healthcare cyber security market size, by country, 2018-2030 (US$M)

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