Healthcare Cybersecurity Market to hit USD 59 billion by

Selbyville, Delaware, Oct. 26, 2022 (GLOBE NEWSWIRE) —

The healthcare cybersecurity market value is estimated to cross USD 59 billion by 2030, according to a new research report by Global Market Insights Inc.

Technological advances in healthcare cybersecurity solutions are anticipated to impel the industry statistics. Leading companies in the sector are focusing on improving cybersecurity software to provide foolproof security to medical and scientific data. Such advancements are projected to foster industry outlook.

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Cybersecurity solutions to observe high deployment to protect against DDoS attacks

The distributed denial of service (DDoS) threat segment held a 16% market share in 2021 due to rising number of DDoS attacks. Hackers exploit hacked IoT devices in botnets to attack and disrupt medical device functionality. This can have severe repercussions and jeopardize patients’ health records. As a result, healthcare organizations are gradually deploying anti-virus software and security fixes, which will amplify healthcare cybersecurity adoption to evade DDoS attacks.

Growing use of portable devices in healthcare settings to boost segment progression

Healthcare cybersecurity market from device security segment accounted for more than 21.5% business share in 2021 and is expected to grow considerably in the future on account of the rising use of portable devices in healthcare organizations. Cybercriminals can hack these devices by embedding dangerous applications in order to access sensitive data. To prevent this, hospitals are installing anti-virus software, which is likely to accelerate the industry trends.

Browse key industry insights spread across 178 pages with 237 market data tables & 17 figures & charts from the report, “Healthcare Cybersecurity Market Size By Threat (Ransomware, Malware & Spyware, Distributed Denial…