Security News > 2021 > December > Healthcare cybersecurity market size to reach $35.5 billion by 2027

The healthcare cybersecurity market size is anticipated to record a valuation of $35.5 billion by 2027, according to the most recent study by Global Market Insights.

The DDoS segment in the healthcare cybersecurity market.

Distributed Denial of Services segment in the healthcare cybersecurity market accounted for around $1.8 billion in 2020 owing to the increasing incidence of DDoS attacks globally coupled with the rising demand for DDoS protection solutions.

The device security segment captured 21.5% of the healthcare cybersecurity market share in 2020 led by the wide availability of advanced device security solutions in the market depending upon the threat type coupled with rising government initiatives to protect the healthcare sector from cyberthreats.

The cloud-based segment in the healthcare cybersecurity market valued at around $8.9 billion in 2020 impelled by the cloud-based software being widely used since it enhances scalability and reduces data management expenses.

Asia Pacific healthcare cybersecurity market size was over $2.3 billion in 2020 due to the rising healthcare cyberattack in this region and growing need to minimize these cyberattacks.

News URL

https://www.helpnetsecurity.com/2021/12/08/healthcare-cybersecurity-market-2027/