Here are seven things to know:
1. The rising prevalence of cyber attacks for the misuse of electronic patient records, social security records and IP theft is driving the market’s growth.
2. Healthcare experts estimate cyber attacks cost the healthcare industry nearly $6 billion annually.
3. The market is segmented by type into malware, distributed denial of service, advanced persistent threat, spyware, lost and stolen devices and others.
4. North American held 41 percent of the market share in 2014 due to its complex healthcare infrastructure and increasing collaboration between pharmaceutical, medical device industries and with regulatory authorities.
5. The United States is a popular site for cyber crime due to large Fortune 500 healthcare organizations as well as digital health records and the use of social security IDs.
6. The Asia-Pacific market is expected to grow at a CAGR of more than 8.5 percent until 2022.
7. Key players include Cisco, IBM, MacAfee, Paulo Alto Networks, Symantec, Trend Micro Lockheed Martin, FireEye, Northrop Grumma and Kaspersky.
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