Health IT Security Market - Global Forecast to 2020 - Breaches Costing Healthcare $6 Billion

Dec 23, 2015, 02:15 ET from Research and Markets

DUBLIN, December 23, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/9cw6ls/health_it) has announced the addition of the "Health IT Security Market Products and Services, Services, Application, Delivery Mode, End User - Global Forecast to 2020" report to their offering. 

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IT security data breaches in the healthcare industry is a growing concern. In the U.S. alone, data breaches are costing the healthcare industry an estimated USD 6 Billion, annually, with the average cost of a data breach greater than USD 2 Million, annually. In 2014 alone, 164 incidents of breaches of patient health information (PHI) were reported to the Office of Civil Rights (OCR), an increase of 25% over 2013. 

Factors such as large number of healthcare data breaches, stringent regulatory requirements, growing use of mobile devices, investment by venture capital firms, and growing number of interconnected medical devices are expected to drive market for Health IT security solutions. The evolution of next-generation IT security solutions and emergence of cloud computing are expected to offer growth opportunities for the market players. 

Health IT security Market is segmented on the basis of products and services, applications, delivery mode, end user, and region. 

Geographically, the market is dominated by North America, followed by Europe, Asia, and the Rest of the World. North America is expected to continue to dominate the market during the forecast period. Factors such as the large number of healthcare data breaches, stringent regulatory requirements on data privacy, and presence of a large number of market players are driving the market growth in this region.

Companies Mentioned: 

  • CA Technologies
  • Dell, Inc.
  • EMC Corporation
  • Hewlett Packard
  • IBM Corporation
  • Intel Corporation
  • Oracle Corporation
  • Sailpoint Technologies, Inc.
  • Symantec Corporation
  • Trend Micro Incorporated

Key Topics Covered: 

1 Introduction 

2 Research Methodology

3 Executive Summary 

4 Premium Insights

5 Market Overview 

6 By Products And Services 

7 By Application 

8 By Delivery Mode 

9 By End User 

10 Regional Analysis 

11 Competitive Landscape 

12 Company Profiles

For more information visit http://www.researchandmarkets.com/research/9cw6ls/health_it

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SOURCE Research and Markets