North America Healthcare Cyber Security Market Size & Outlook
North America healthcare cyber security market, 2018-2030 (US$M)
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North America healthcare cyber security market highlights
- The North America healthcare cyber security market generated a revenue of USD 6,882.5 million in 2023.
- The market is expected to grow at a CAGR of 17.1% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 6,882.5 million |
| Market revenue in 2030 | USD 20,839.1 million |
| Growth rate | 17.1% (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, North America region accounted for 39.8% 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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North America 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 46.14% in 2023. Horizon Databook has segmented the North America 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.
North America dominated the healthcare cybersecurity market in 2016. Major factors that can be attributed to the high share are presence of stringent regulations for privacy, data protection of EHR & IPR, and other insurance claims data.
In the U.S., compliance to HIPAA and other cybersecurity acts is mandatory and violation of these policies lead to stringent civil and criminal penalties.
The overall healthcare infrastructure is mature in this region and all the records are stored in digital format, hence these are also the prime targets of cyber attackers.
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Target buyers of North America 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 North America healthcare cyber security market , including forecasts for subscribers. This continent databook contains high-level insights into North America healthcare cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America healthcare cyber security market size, by country, 2018-2030 (US$M)
North America Healthcare Cyber Security Market Outlook Share, 2023 & 2030 (US$M)
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