Healthcare Cybersecurity Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The healthcare cybersecurity market size has grown rapidly in recent years. It will grow from $23.86 billion in 2024 to $27.63 billion in 2025 at a compound annual growth rate (CAGR) of 15.8%. The growth in the historic period can be attributed to increased cyber attacks, concerns about security and privacy, collaboration between public and private sector to strengthen healthcare cybersecurity, presence of highly developed medical and healthcare infrastructure, emergence of digital technologies.

The healthcare cybersecurity market size is expected to see rapid growth in the next few years. It will grow to $49.26 billion in 2029 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to increasing investments in healthcare cyber security by various healthcare organizations and government initiatives, increasing demand for advanced cybersecurity solutions & privacy, increase in frequency & complexity of cyber threats, rising security and regulatory compliance-related issues, increasing Network Vulnerabilities. Major trends in the forecast period include growth in adoption of IoT and connected devices, growth in the usage of cloud based healthcare solutions, increasing use of healthcare IT Solutions in outpatient care facilities, rise in adoption of connected devices and smartphones, and adoption of 5G technology, the increase in digitalization and adoption of Electronic Health Records (EHRs), wireless medical devices, and telemedicine.

The rise in cyberattacks is expected to drive the healthcare cybersecurity market forward. Cyberattacks - malicious attempts to disrupt, damage, or access computer systems, networks, or devices - are often financially motivated, as cybercriminals seek sensitive financial information, conduct ransomware attacks, or engage in other monetized activities. Healthcare cybersecurity is crucial to protect sensitive patient data, maintain uninterrupted care, and defend healthcare systems from cyberattacks that can lead to data breaches, financial losses, and compromised patient safety. For example, Check Point Software Technologies Ltd., an Israel-based software company, reported a 3% rise in the global average of weekly cyberattacks in the first nine months of 2023 compared to 2022, with healthcare seeing an 11% increase, averaging 1,613 incidents weekly. This increase in cyberattacks is boosting demand for healthcare cybersecurity.

Leading companies in the healthcare cybersecurity market are focused on developing new technologies, such as IoT security solutions, to boost profitability. IoT security solutions in healthcare cybersecurity involve methods to protect connected medical devices and systems from cyber threats and unauthorized access. For example, in December 2022, Palo Alto Networks Inc., a US-based cybersecurity company, introduced Medical IoT Security, a zero-trust security solution for healthcare devices. This system offers automatic discovery, segmentation, policy enforcement, and advanced threat protection. Leveraging machine learning, it rapidly identifies threats, secures interactions, and integrates seamlessly with healthcare systems. The solution allows for fast deployment, flexible architecture compatibility, and simplified zero-trust adoption for medical devices.

In October 2022, Forescout Technologies Inc., a US-based cybersecurity and automation software provider, acquired CyberMDX for an undisclosed amount. This acquisition strengthens Forescout's cybersecurity capabilities in healthcare by integrating CyberMDX's expertise in the Internet of Medical Things (IoMT), providing comprehensive security across IT, IoT, OT, and IoMT domains to address evolving threats. CyberMDX is a US-based healthcare cybersecurity provider.

Key players in the healthcare cybersecurity market include 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., Check Point 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.

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.

North America was the largest region in the healthcare cybersecurity market in 2024, while Asia-Pacific is expected to see the fastest growth during the forecast period. Regions covered in the healthcare cybersecurity market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries analyzed in the healthcare cybersecurity market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, the USA, Canada, Italy, and Spain.

Healthcare cybersecurity encompasses practices aimed at protecting electronic information and assets within the healthcare sector from unauthorized access, usage, disclosure, disruption, modification, or destruction. This field includes various security measures, technologies, and policies dedicated to safeguarding patient data, hospital systems, and medical devices from cyber threats and breaches. Such security efforts are vital to maintaining patient privacy, ensuring the integrity of medical records, and supporting the continuity of healthcare services.

Key healthcare cybersecurity solutions include identity and access management, risk and compliance management, antivirus and antimalware, distributed denial of service (DDoS) mitigation, security information and event management, and intrusion detection/prevention systems, among others. Identity and access management (IAM) refers to the processes involved in managing and regulating access to sensitive information and systems within an organization. Security systems fall into various categories, including network security, endpoint security, application security, and content security. These systems are used to address cybersecurity threats such as malware, DDoS attacks, advanced persistent threats, spyware, and risks from lost or stolen devices. Such measures are utilized across end users like pharmaceuticals and chemicals, medical devices, health insurance, hospitals, and more.

The healthcare cybersecurity market research report, one in a new series from The Business Research Company, provides detailed insights into the market, including global market size, regional shares, competitor analysis, healthcare cybersecurity market segments, market trends, and opportunities. This report offers a comprehensive overview of the market, with an in-depth analysis of both current and future scenarios within the industry.

The healthcare cybersecurity market encompasses revenues generated by companies providing services such as risk assessment, data protection and encryption, firewall management, anti-malware and antivirus solutions, disaster recovery, business continuity planning, mobile and IoT security, and endpoint security. Market value includes goods sold by service providers or as part of service offerings. This market also covers sales of antivirus software, encryption tools, data loss prevention software, patch management software, and phishing simulation tools used for security purposes. Values in this market are 'factory gate' values, indicating the goods' sales value by manufacturers, whether to other entities or directly to end customers. The market value includes related services sold by goods manufacturers.

Market value here represents revenues derived from the sale of goods and/or services within a specific market and region via sales, grants, or donations, in USD unless otherwise stated.

Revenue for a specific region is calculated based on consumption values, representing revenues generated within the region, regardless of production location. It excludes revenues from further resales along the supply chain or as part of other products.

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