Healthcare Cyber Security Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Healthcare Cyber Security Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Healthcare Cyber Security Market Size Expected to Be by 2034?
The rapid expansion of the healthcare cyber security market has been notable in the past few years. The market size is projected to surge from $23.12 billion in 2024 to $27.53 billion in 2025, achieving a compound annual growth rate (CAGR) of 19.1%. Factors influencing this considerable growth during the historic period include augmented cyber risks, regulatory compliance requirements, amplified interconnectivity, apprehensions about data monetization, awareness and education initiatives, and vulnerabilities within legacy systems.

Expectations are high for a substantial expansion in the healthcare cyber security market size in the coming years. By 2029, the market is projected to reach $58.61 billion, with a compound annual growth rate (CAGR) of 20.8%. Factors fueling the anticipated increase during the forecast period comprise iota security complications, challenges of remote healthcare, supply chain security issues, threats from quantum computing, and the adoption of behavioral analytics. The forecast period is also expected to witness significant trends including the integration of AI and machine learning, digital transformation of health records, a rise in ransomware attacks, the application of cloud security solutions, and the use of zero trust security models.

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What Are the Emerging Segments Within the Healthcare Cyber Security Market?
The healthcare cyber security market covered in this report is segmented -

1) By Threat Type: Malware, Distributed Denial Of Service (DDoS), Advanced Persistent Threats (APT), Spyware, Other Treat Types
2) By Solution: Identity And Access Management, Risk And Compliance Management, Antivirus and Antimalware, DDoS Mitigation, Security Information And Event Management, Intrusion Detection System And Intrusion Prevention System, Others Solutions
3) By Security Measures: Application Security, Network Security, Device Security, Other Security Measures
4) By Deployment: On-Premises, Cloud-Based
5) By End User: Pharmaceutical Industries, Biotechnology Industries, Hospital, Medical Device Companies, Health Insurance Companies, Other End Users

Subsegments:
1) By Malware: Ransomware, Trojans, Viruses, Worms
2) By Distributed Denial Of Service (DDoS): Volumetric Attacks, Protocol Attacks, Application Layer Attacks
3) By Advanced Persistent Threats (APT): Targeted Attacks, Spear Phishing, Insider Threats
4) By Spyware: Keyloggers, Adware, Tracking Cookies
5) By Other Threat Types: Phishing Attacks, Credential Theft, Man-In-The-Middle Attacks, Data Breaches

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What Long-Term Drivers Are Shaping Healthcare Cyber Security Market Trends?
The rising incidences of cyber-attacks in the healthcare sector are anticipated to propel the expansion of the healthcare cyber-security market in the future. With digitalization becoming more prevalent in healthcare, there's been an upsurge in cyber-attacks, which are kept in check through various healthcare cyber security software. This, in turn, hikes up the demand for healthcare cyber security. For example, the United States Department of Health and Human Services-a federal government institution dedicated to delivering necessary human services-revealed that in February 2023, there was a shocking 104% increase in data breaches among US healthcare providers from mid-2022 to mid-2023, escalating from 160 to 327 incidents. This dramatic rise put the data of over 40 million patients at risk, signifying a 60% YoY escalation in the first half of 2023. Hence, the escalating occurrences of healthcare cyberattacks are pushing the advancement of the healthcare cyber security market in the forthcoming years.

Who Are the Top Competitors in Key Healthcare Cyber Security Market Segments?
Major companies operating in the healthcare cyber security market include Irdeto a Verizon company, Lockheed Martin Corporation, Intel Corporation, IBM Corporation, Cisco Systems Inc., Northrop Grumman Corporation, Broadcom Inc., Atos SE, Booz Allen Hamilton Inc., Palo Alto Networks Inc., McAfee LLC, Check Point Software Technologies Ltd., Trend Micro Incorporated, Kaspersky Lab, CyberArk Software Ltd., Imperva Inc., FireEye Inc., Imprivata Inc., Claroty Inc., Forescout Technologies Inc, Menlo Security Inc., Bitglass Inc., Medigate Ltd., Fortified Health Security Inc., Sensato Cybersecurity Solutions Inc., CybelAngel, Armis Inc., CrowdStrike Inc.

What Healthcare Cyber Security Market Trends Are Gaining Traction Across Different Segments?
Key players in the healthcare cybersecurity market are channeling their investments towards cutting-edge security programs like artificial intelligence, threat mitigation, and machine learning. They aim to counter the rising cyber threats targeting sensitive patient information and healthcare systems. The strategy involves creating a platform for hospitals to mimic their digital environments, revealing potential weaknesses before they become susceptible to cyber attacks. In a case in point, the Advanced Research Projects Agency for Health, a U.S research funding agency with a focus on biomedical and health innovations, initiated the UPGRADE program in May 2024. $50 million was set aside for the development of cybersecurity instruments for healthcare IT squads, with an emphasis on proactive vulnerability evaluations and threat curtailment. The project is designed to autonomously detect and rectify software issues with minimal interference to hospital proceedings, offering solutions to persistent cybersecurity issues in the healthcare industry.

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Which Regions Are Becoming Hubs for Healthcare Cyber Security Market Innovation?
North America was the largest region in the healthcare cyber security market in 2024. The regions covered in the healthcare cyber security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Healthcare Cyber Security Market?
2. What is the CAGR expected in the Healthcare Cyber Security Market?
3. What Are the Key Innovations Transforming the Healthcare Cyber Security Industry?
4. Which Region Is Leading the Healthcare Cyber Security Market?

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