Cloud Security in Healthcare Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Cloud security is an IT service used to protect the data stored online through cloud computing platforms. It safeguards critical information from data leakage, theft, and deletion. Nowadays, cloud security is being adopted in healthcare at an increased rate to reduce healthcare costs and maintain the quality of care. Cloud security solutions enable businesses to ensure their continuity and stay safe from malicious threat actors and the threat of cybercrimes. Different methods of cloud security include virtual private networks (VPN), firewalls, obfuscation, and others.

MARKET SCOPE

The "Global Cloud Security in Healthcare Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cloud security in healthcare market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading cloud security in healthcare market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on type, the global cloud security in healthcare market is segmented into data loss protection, email protection, network security, encryption services and other.
  
•  Based on application, the market is segmented into hospital, clinic and others.
  

MARKET DYNAMICS

Drivers:

•  Increase in the number of cyber-attacks on cloud computing systems.
  
•  Rise in need for compliance with various regulations.
  
•  Rise in digital transactions worldwide.
  
•  Privacy concerns regarding patient information.
  
•  Increase in the volume and scalability of healthcare data.
  
•  Growing adoption of cloud-based clinical applications.
  

Restraints:

•  Lack of collaboration among enterprises and cloud security service providers.
  
•  Lack of interoperability and standardization of clouds.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cloud security in healthcare market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cloud security in healthcare market in these regions.

IMPACT OF COVID-19 ON CLOUD SECURITY IN HEALTHCARE MARKET

COVID-19 initially began in Wuhan (China) in December 2019, and till now, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Due to the high prevalence rate of the COVID-19 pandemic, various governments and regulatory authorities mandate public and private organizations to embrace new practices regarding remotely working and maintaining social distance. There was a short-term negative impact on the market due to various restrictive measures, such as worldwide lockdown, business shutdown, and social distancing. With the widespread WFH trend and worldwide internet penetration, individuals were inclined towards the usage of digital technologies like cloud solutions, which increased the need for cloud security measures to protect against cyber-attacks. Various industries also invested in R&D in order to develop cloud-based analytics software for the study of COVID-19 spread. Thus, the increased usage of the web- and cloud-based tools and applications led to data leakage and threats that resulted in surged demand for cloud security among various industries, including healthcare. Hence, owing to the above-mentioned factors, the market growth was positively affected in the pandemic.

MARKET PLAYERS

The report covers key developments in the cloud security in healthcare market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from cloud security in healthcare market are anticipated to have lucrative growth opportunities in the future with the rising demand for cloud security in healthcare in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cloud security in healthcare market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  CareCloud Corporation
  
•  Carestream Health Inc
  
•  Cisco Systems Inc.
  
•  IBM Corporation
  
•  Athenahealth
  
•  Sophos
  
•  Fortinet
  
•  Dell Inc.
  
•  Iron Mountain Inc.
  
•  Cleardata Networks Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Cloud Security in Healthcare Report Scope