Rise Of Cybersecurity Needs In Healthcare Due To Increasing Cyber Threats: A Key Driver Powering Healthcare Cybersecurity Market Growth In 2025

The Healthcare Cybersecurity 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].

What Is the Current Healthcare Cybersecurity Market Size and Its Estimated Growth Rate?
In recent times, the size of the healthcare cybersecurity market has seen swift expansion. Projected growth suggests the market will escalate from a size of $23.86 billion in 2024 to $27.63 billion in 2025, reflecting a compound annual growth rate (CAGR) of 15.8%. This growth during the historical period stems from a surge in cyber attacks, the rising awareness of security and privacy, the joint efforts of the public and private sectors to enhance healthcare cybersecurity, well-established medical and healthcare infrastructure, and the advent of digital technologies.

The size of the healthcare cybersecurity market is projected to experience a significant uptick in the upcoming years. By 2029, it's estimated to be worth $49.26 billion, with a compound annual growth rate (CAGR) of 15.5%. The projected growth in the forecast period can be ascribed to a rise in healthcare cybersecurity investments from various healthcare bodies and government schemes, heightened demand for sophisticated cybersecurity solutions & privacy, an uptick in the number and complexity of cyber threats, growing security and compliance-related concerns, and escalating Network Vulnerabilities. Key trends to note for the forecasted period include increased usage of IoT and connected devices, growth in healthcare solutions based on cloud technology, higher utilization of healthcare IT Solutions in outpatient care facilities, increased usage of connected devices and smartphones, 5G technology adoption, the surge in digitalization, and the increasing acceptance of Electronic Health Records (EHRs), wireless medical equipment, and telemedicine.

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How Are Emerging Segments Shaping the Healthcare Cybersecurity Market Landscape?
The healthcare cybersecurity market covered in this report is segmented -

1) By Solution: Identity And Access Management, Risk And Compliance Management, Antivirus And Antimalware, Distributed Denial Of Service (DDoS) Mitigation, Security Information And Event Management, Intrusion Detection System/ Intrusion Prevention System, Other Solutions
2) By Security: Network Security, Endpoint Security, Application Security, Content Security
3) By Threat: Malware, Distributed Denial Of Service (DDoS) Threats, Advanced Persistent Threat, Spyware, Lost Or Stolen Devices, Other Threats
4) By End User: Pharma And Chemicals, Medical Devices, Health Insurance, Hospitals, Other End Users

Subsegments:
1) By Identity And Access Management: User Authentication, Role-Based Access Control, Single Sign-On
2) By Risk And Compliance Management: Risk Assessment Tools, Compliance Management Solutions, Policy Management Software
3) By Antivirus And Antimalware: Antivirus Software, Antimalware Solutions, Endpoint Protection
4) By Distributed Denial Of Service (Ddos) Mitigation: Traffic Filtering, Rate Limiting, Ddos Protection Services
5) By Security Information And Event Management (SIEM): Log Management, Security Monitoring, Incident Response
6) By Intrusion Detection System Or Intrusion Prevention System (IDS Or IPS): Network-Based IDS Or IPS, Host-Based IDS Or IPS, Hybrid IDS Or IPS
7) By Other Solutions: Data Encryption Solutions, Threat Intelligence Services, Security Training And Awareness Programs

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Which Growth Factors Are Influencing Healthcare Cybersecurity Market Expansion?
The surge in cyberattacks is anticipated to boost the expansion of the healthcare cybersecurity market. These attacks are harmful efforts to interfere, harm, or unlawfully access computer systems, networks or devices. Typically, cyber threats are driven by financial motivations, with cybercriminals aiming to pilfer essential financial data, initiate ransom attacks, or undertake other operations to gain from their attacks financially. Cybersecurity in healthcare is crucial for the preservation of confidential patient information, ensuring uninterrupted care, and defending healthcare systems from cyberattacks that can cause data breaches, financial losses, and jeopardize patient safety. For example, Check Point Software Technologies Ltd., a software corporation based in Israel, recorded a 3% ascent in the worldwide average of weekly cyberattacks during the first three quarters of 2023 compared to the corresponding period in 2022. Moreover, the healthcare segment faced a significant hike of 11% in cyberattacks, equalling an average of 1613 incidents per week. Consequently, the escalating frequency of cyberattacks is spurring the growth of healthcare cybersecurity.

Who Are the Dominant Players Across Different Healthcare Cybersecurity Market Segments?
Major players in the healthcare cybersecurity market are Microsoft Corporation, Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Broadcom Inc., Thales Group, Palo Alto Networks Inc., Juniper Networks Inc., Fortinet Inc., Gen Digital Inc., Splunk Inc., Checkpoint Software Technologies Ltd., Trend Micro Inc., Crowdstrike Holdings Inc., Fortra LLC, Tenable Inc., Rapid7 Inc., Qualys Inc., McAfee Corp., Forescout Technologies Inc., LogRhythm Inc., Claroty Ltd., Sophos Ltd., Fortified Health Security, and Sensato Cybersecurity Solutions.

What Healthcare Cybersecurity Market Trends Are Gaining Traction Across Different Segments?
Leading enterprises in the healthcare cybersecurity market are honing in on the creation of new technologies such as IoT security solutions, in an attempt to boost their market profitability. These IoT security measures in the realm of healthcare cybersecurity encompass various strategies and tech improvements aimed at securing connected medical gadgets and systems against potential cyber attacks and unauthorized breaches. For example, in December 2022, Medical IoT Security was introduced by Palo Alto Networks Inc, a cybersecurity firm based in the US. This zero-trust security system for healthcare devices includes novel aspects such as automatic discovery, segmentation, policy enforcement, and sophisticated threat protection. With a basis on machine learning, the system adeptly spots threats, bolsters secure interactions, and seamlessly merges with healthcare. The solution guarantees swift deployment, flexible architecture match, and simplifies the process of adopting zero-trust for all medical instruments.

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Which Geographic Regions Are Expected to Dominate the Healthcare Cybersecurity Market in the Coming Years?
North America was the largest region in the healthcare cybersecurity market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare cybersecurity 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 Cybersecurity Market?
2. What is the CAGR expected in the Healthcare Cybersecurity Market?
3. What Are the Key Innovations Transforming the Healthcare Cybersecurity Industry?
4. Which Region Is Leading the Healthcare Cybersecurity Market?

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