Global Health Information Technology (IT) Security Market Projected to Grow at 14% CAGR, Reaching $28.73 Billion by 2029

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How Large Will the Health Information Technology (IT) Security Market Size By 2025?
The swift expansion of the health information technology (IT) security market in recent years is notable. The market, which stood at $14.95 billion in 2024, is projected to increase to $16.98 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 13.6%. The impressive growth observed in the historic period is due to several factors, including the growing adoption of electronic health records, an increase in the number of healthcare data breaches, amplified enforcement of government regulations on data protection, an increased dependence on connected medical devices, and heightened awareness about patient privacy rights.

How Big Is the Health Information Technology (IT) Security Market Size Expected to Grow by 2029?
In the upcoming years, the health information technology (IT) security market is set to experience significant expansion, projecting to reach $28.73 billion by 2029 with a compound annual growth rate (CAGR) of 14.0%. This growth during the forecast period can be tied to the increasing usage of telehealth and remote healthcare services, heightened investment in healthcare cybersecurity, complexity growth of healthcare IT systems, escalating adoption of cloud-integrated health platforms, and stronger demand for adherence to progressively evolving privacy regulations. This period is expected to witness trends such as AI advancements for threat detection, blockchain development for secured data exchange, biometric access control innovations, research on quantum-resistant encryption, and real-time threat monitoring technology development.

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Which Key Market Drivers Powering Health Information Technology (IT) Security Market Expansion and Growth?
The rise in cybersecurity threats is projected to be a significant driver of growth for the health information technology (IT) security market. These threats, which include potential malevolent attacks or illicit activities aimed at digital systems, networks, or data with the intention of stealing, damaging, disrupting, or gaining unauthorized access, are on an upward trend. This increased risk is a result of the ongoing digital transformation of sensitive data, providing cybercriminals with more opportunities to expose weaknesses in connected systems. The protection of this data is critical in the healthcare sector as breaches can result in identity theft, financial fraud, and compromised patient care. Therefore, health IT security is crucial in maintaining patient confidentiality, trust, and ensuring healthcare systems' integrity. For example, as stated by Surfshark B.V., a software company located in the Netherlands, breached accounts in February 2025 had leaps to more than 5.5 billion the previous year, an increase nearly eightfold from the 730 million reported in 2023. Hence, the rise in cybersecurity threats is fuelling the expansion of the health information technology (IT) security market.

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Which Fast-Growing Trends Are Poised to Disrupt the Health Information Technology (IT) Security Market?
Key players in the health information technology (IT) security market are currently prioritizing the development of advanced solutions like automated cybersecurity risk assessment tools. These tools are designed to amplify risk management efficiency, make security procedures more efficient, and provide healthcare organizations with sophisticated and precise methods of pinpointing and confronting possible cybersecurity risks. Automated cybersecurity risk assessment leverages cutting-edge technologies like AI to automatically screen, recognize, and rank potential security risks within an organization's systems and from third-party vendors. This automation reduces human effort and enhances response times. For instance, Health Catalyst Inc., a healthcare technology firm based in the U.S., debuted an AI-driven version of BluePrint Protect, a cybersecurity risk management platform, in November 2024. This platform, aimed at aiding healthcare organizations to efficiently identify and handle third-party cybersecurity threats, employs generative artificial intelligence to automate vendor evaluations, rank risks, and simplify security workflows, facilitating quicker and more accurate threat detection.

What Are the Emerging Segments in the Health Information Technology (IT) Security Market?
The health information technology (it) securitymarket covered in this report is segmented -

1) By Product And Services: Antivirus And Antimalware, Identity And Access Management Solutions, Encryption And Data Loss Prevention Solution, Risk And Compliance Management Solutions, Firewalls And Unified Threat Management (UTM) Solutions, Intrusion Detection Or Intrusion Prevention Systems
2) By Delivery Mode: On-Premises, On-Demand
3) By Application: Application Security, Network Security, Endpoint Security, Content Security
4) By End-User: Hospitals and Clinics, Ambulatory Care Centers, Healthcare Payers, Other End-Users

Subsegments:
1) By Antivirus And Antimalware: Cloud-Based Antivirus, Endpoint Antivirus, Network Antivirus, Antispyware, Antiransomware
2) By Identity And Access Management Solutions: Single Sign-On, Multi-Factor Authentication, Role-Based Access Control, Privileged Access Management, Biometric Authentication
3) By Encryption And Data Loss Prevention Solution: Email Encryption, File Encryption, Full Disk Encryption, Endpoint Data Loss Prevention, Network Data Loss Prevention
4) By Risk And Compliance Management Solutions: Audit Management, Policy Management, Compliance Tracking, Risk Assessment Tools, Incident Management
5) By Firewalls And Unified Threat Management (UTM) Solutions: Next-Generation Firewall, Packet Filtering Firewall, Stateful Inspection Firewall, Web Filtering, Intrusion Prevention Integration
6) By Intrusion Detection And Intrusion Prevention Systems: Network Based Intrusion Detection And Prevention System, Host Based Intrusion Detection And Prevention System, Signature Based Threat Detection, Anomaly Based Threat Detection, Hybrid Intrusion Detection And Prevention System

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Who Are the Global Leaders in the Health Information Technology (IT) Security Market?
Major companies operating in the health information technology (IT) security market are AT&T Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Palo Alto Networks Inc., Juniper Networks Inc., Fortinet Inc., Check Point Software Technologies Ltd., Trend Micro Incorporated, CrowdStrike Holdings Inc., Zscaler Inc., Kaspersky Lab Inc., SentinelOne Inc., Rapid7 Inc., Trustwave Holdings Inc., Varonis Systems Inc., Darktrace plc, McAfee Corp., Imperva Inc., Imprivata Inc.

Which are the Top Profitable Regional Markets for the Health Information Technology (IT) Security Industry?
North America was the largest region in the health information technology (IT) security market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the health information technology (IT) security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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