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As healthcare systems further expose themselves to cybersecurity threats with their increasing integration and reliance on medical devices, the market for cybersecurity in medical devices is expected to become more lucrative, projected to be worth $1.1 billion by 2027 , growing at a 12% CAGR from 2022.
According to MarketsandMarkets , the global cybersecurity market is estimated to grow from 173.5 billion by 2027. Cybersecurity enhancements are driven by increased target-based cyber-attacks to draw operational disruptions. billion in 2022 to 266.2
Pratik Maroo, Head of Healthcare and Life Sciences at Zensar It is estimated that the value of medical IoT devices will be $467.25 billion by 2027. The pandemic accelerated the adoption of emerging regulations to expedite the use of IoT in the medical world.
While healthcare leaders have been talking about these applications for a long time, the next year feels like it has the right mix of interest, technical maturity, and willingness to invest for AI to really evolve. Sandeep Akkaraju, CEO & Co-Founder at Exo As healthcare costs in the U.S.
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