Advertisement
Top
image credit: Pexels

Healthcare cybersecurity market size to reach $35.5 billion by 2027

December 8, 2021

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. Increasing adoption for cloud services in developed as well as developing countries will boost the demand for healthcare cybersecurity.

Increasing healthcare cybersecurity and regulatory compliance-related issues in developed regions is one of the major factors that will spur the market expansion. Several cybersecurity issues threaten the healthcare industry. Security breaches in healthcare companies in the U.S. are becoming more common, costing the healthcare system billions of dollars and increasing the personal cost to individuals whose private and identifiable information is not secured.

Read More on Help Net Security