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Health IT Security Market size accounted for USD 21.5 billion in 2023 and is estimated to grow at 18.2% to reach USD 96.3 billion by 2032 due to increasing number of data breach, cyber-attack and denial-of-service (DDoS) attacks.
For instance, according to the HIPAA Journal, as of 2021, approximately 4,419 healthcare data breaches were recorded involving 500 or more user records. Similarly, in 2023, according to U.S. Department of Health and Human Services, DDoS attacks increased by 67% year-on-year and 24% quarter-on-quarter.
Health IT security aims to safeguard electronic health records (EHRs), patient health information, medical devices, telehealth systems, and other healthcare-related technologies from threats, data breaches, and unauthorized access. It involves the protection of both personal health information (PHI), which identifies individual patients, and non-personal health information, such as medical research data and healthcare operational data.
Report Attribute | Details |
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Base Year: | 2023 |
Health IT Security Market Size in 2023: | USD 21.5 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 18.2% |
2032 Value Projection: | USD 96.3 Billion |
Historical Data for: | 2018 to 2023 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 373 |
Segments covered: | Component, Delivery Mode, Application, End-user and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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