The global healthcare cyber security market is estimated to grow from $23.12bn in 2024 to $27.53bn in 2025, with the CAGR projected to be 19.1%. By 2029, the market is expected to reach $58.61bn. Increased cyber-threats, regulatory compliance and system vulnerabilities are driving this growth. Major players in the market include Intel, IBM, and Cisco Systems, among others. North America dominated the cyber security market in 2024.
Healthcare Sector Charts 2 More Ransomware Attacks
American healthcare institutions, Frederick Health and New York Blood Center Enterprises (NYBCe), are facing disruptions from separate ransomware attacks. Frederick Health is working with third-party