Healthcare Cybersecurity Market to Reach $57.25 Billion by 2030 as Threats Surge
The global healthcare cybersecurity market is set for massive growth, projected to surge from $12.85 billion in 2020 to $57.25 billion by 2030, according to a new report by Allied Market Research. This reflects a robust CAGR of 16.3% from 2021 to 2030.
This expansion is fueled by a sharp rise in cyberattacks targeting healthcare infrastructure, especially amid increased digitalization and the adoption of cloud and IoT technologies. The pandemic era marked a turning point—highlighted by over 11 million data breaches globally in 2021 alone, as reported by the CyberPeace Institute.
Healthcare organizations are now more vulnerable than ever, prompting an urgent demand for robust cybersecurity solutions. Government regulations and compliance mandates are further accelerating adoption, while technological advancements offer new defense opportunities against sophisticated cyber threats.
The report segments the market by component, security type, and region. In 2020, the solution segment dominated, contributing two-thirds of the market share, but the services segment is poised to grow at the fastest CAGR of 17.8%. Among security types, network security led the way, while application security is expected to witness the highest growth rate during the forecast period.
Regionally, North America held the largest market share in 2020. However, Asia-Pacific is expected to record the fastest growth, driven by a rising digital health ecosystem and increasing investment in cybersecurity infrastructure.
Key players in the market include IBM Corporation, Cisco Systems, Palo Alto Networks, FireEye, Northrop Grumman, and Kaspersky Lab, among others.
As the healthcare sector becomes increasingly digitized, cybersecurity will be a cornerstone of resilient, future-ready systems.
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