Leading Element Driving Change in the Healthcare IoT Security Market in 2025: Surging Cybersecurity Concerns Propel Growth In The Healthcare IoT Security Market Driver

"What Is the Estimated Market Size and Growth Rate for the Healthcare IoT Security Market?
The healthcare IoT security market is expected to grow from $2.74 billion in 2024 to $3.55 billion in 2025, at a CAGR of 29.6%. The growth is driven by the need for robust protection of healthcare data, regulatory mandates, and the ongoing digital transformation in healthcare.

The healthcare IoT security market is forecast to grow exponentially, reaching $9.76 billion by 2029 at a CAGR of 28.8%. Growth is fueled by rising cybersecurity concerns, increased adoption of IoT in healthcare, growing data privacy concerns, and government initiatives. Major trends include advances in IoT technologies, blockchain for data integrity, specialized security solutions for healthcare IoT, and increased partnerships.

What Are the Forces Behind the Rapid Growth of the Healthcare IoT Security Market?
The rise in cybersecurity concerns is expected to accelerate the growth of the healthcare IoT security market. Cybersecurity concerns encompass the potential risks, threats, and vulnerabilities linked to the use of digital systems and information technology. Healthcare IoT security helps mitigate cybersecurity risks in the healthcare industry by ensuring the protection of sensitive patient data and medical records. For instance, in November 2023, the Department of Defence Australia, a government agency, revealed that during the 2022-2023 financial year, the Australian Cyber Security Centre received over 94,000 cybercrime reports, a 23% increase compared to the previous year, 2021-2022. As a result, the rising concerns regarding cybersecurity are contributing to the growth of the healthcare IoT security market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13853&type=smp

Who Are the Dominant Companies Influencing Healthcare IoT Security Market Trends?
Major companies operating in the healthcare iot security market report are Microsoft Corporation, Deutsche Telekom AG, Dell Corporation, Intel Corporation, IBM Corporation, Cisco Systems, Oracle Corporation, Klynveld Peat Marwick Goerdeler, Palo Alto Networks Inc., Fortinet Inc, Symantec Corporation (NortonLifeLock), Checkpoint Software Technology, Trend Micro Inc., AO Kaspersky Lab, Kaspersky Lab, Sophos Group Plc, Claroty, Eurotech SpA, Atmel Corporation, Inside Secure SA, CloudWave, Cynerio, ICterra, Medigate by Claroty, Asimily, Waracle, CyberMDX, SecureFLO LLC, Agile Cyber Security Solutions LLC, Intelen Inc., Security Mentor

How Is the Healthcare IoT Security Market Evolving?
In the healthcare IoT security market, companies are developing security solutions to protect medical devices from cyber threats. For instance, in December 2022, Palo Alto Networks Inc. launched Medical IoT Security, a zero-trust security solution designed to protect connected medical devices. By leveraging machine learning and zero-trust principles, this solution enhances security by continuously verifying devices and users.

What Are the Different Segmentations in the Healthcare IoT Security Market?
The healthcare IoT security market covered in this report is segmented -

1) By Component: Solution, Services
2) By Security Type: Application Security, Cloud Security, Endpoint Security, Network Security, Other Security Types
3) By End-use: Hospitals, Surgical Centers, and Clinics, Government and Defense Institutions, Clinical Research Organizations, Research and Diagnostic Laboratories

Subsegments:
1) By Solution: Identity And Access Management (IAM), Data Encryption And Tokenization, Intrusion Detection And Prevention Systems (IDPS), Device Authentication And Management, Secure Network Communication
2) By Services: Consulting Services, Risk Assessment And Management, Managed Security Services, Training And Education Services, Support And Maintenance Services

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/healthcare-iot-security-global-market-report

Which Region Is at the Forefront of the Healthcare IoT Security Market?
North America was the largest region in the healthcare IoT security market in 2024. The regions covered in the healthcare iot security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Healthcare IoT Security Global Market Report?

- Market Size Analysis: Analyze the Healthcare IoT Security Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Healthcare IoT Security Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Healthcare IoT Security Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Healthcare IoT Security Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13853

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.