Medical Device Security Market Revenue to Attain USD 23.42 Bn by 2035


Published: 30 Jan 2026

Author: Precedence Research

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The global medical device security market revenue was valued at USD 9.87 billion in 2025 and is expected to attain around USD 23.42 billion by 2035, growing at a CAGR of 9.03% during forecast period.This market is experiencing unprecedented growth, driven by the growing need to keep confidential patient data safe and the rising adoption of digital health technologies.

Medical Device Security Market Revenue Statistics

What Drives the Growth of the Medical Device Security Market?

The rising cases of cyberattacks against healthcare facilities are the major drivers contributing to the overall growth of the market. With rapid technological advancements, healthcare facilities are able to track a patient’s vital signs using wearable trackers, infusion pumps, pacemakers, and imaging systems, which are driving market growth. Computerized services often allow cyber attackers to leak essential patient data with the help of system breaches, which leads to substantial demand for the medical device security industry. 

The market’s growth is also supported by the growing demand for remote patient monitoring and the rising integration of technology within healthcare systems. As medical devices are becoming more interconnected, the potential for cyber threats increases, which pushes healthcare organizations to prioritize robust security measures.  

Segment Insights

  • By component, the solutions segment held the largest market share in 2025. The growth of the segment is primarily supported by its advanced technologies, such as antivirus/antimalware, encryption, identity and access management, risk & compliance management, and others. These solutions enable healthcare systems to secure data across various platforms, driving segment growth during the forecast period. 
  • By type, the endpoint security segment led the market in 2025. This is mainly due to the rising adoption of wearables, patient monitor systems, and infusion pumps, which often leads to a higher risk for malware and ransomware attacks, leading to the increasing demand for endpoint security solutions. 
  • By device type, the hospital medical devices segment contributed the biggest market share in 2025, owing to the surging demand for healthcare machines in hospitals, such as CT scanners, MRI machines, infusion pumps, and ventilators. The market also observes growth due to massive device usage, data protection needs, and regulatory compliance. The increasing usage of connected devices in hospitals is leading to significant cybersecurity protection from malware attacks, bolstering the segment’s expansion in the coming years.
  • By end user, the healthcare providers segment led the medical device security industry in 2025. Healthcare providers are the primary users of connected medical devices. Hospitals and clinics are increasingly prioritizing cybersecurity to keep the confidential patient data safe and ensure compliance with evolving regulations.

Regional Insights

North America dominated the global medical device security market by holding a major share in 2025. The region has an advanced healthcare ecosystem, significant R&D investment, strict regulatory mandates, and high adoption of IoT-based & connected devices. Moreover, the rise in cyberattacks targeting healthcare institutions has heightened demand for medical device security, leading to significant investments in advanced medical device cybersecurity and vulnerability management solutions. Such factors are anticipated to fuel the market expansion in the North American region during the forecast period.

On the other hand, Asia Pacific is a rapidly growing region in the market. The region's market growth is attributed to the increasing cases of cyberattacks targeting healthcare facilities, increasing adoption of digital health technologies, increasing focus on patient data safety, and rising investments in robust medical security solutions by healthcare facilities. In addition, the rising government initiatives and regulatory compliance to mitigate the threats from cyberattacks are anticipated fuel the growth of the medical device security market during the forecast period.

Medical Device Security Market Coverage

Report Attribute Key Statistics
Market Revenue in 2025 USD 9.87 Billion
Market Revenue by 2035 USD 23.42 Billion
CAGR from 2026 to 2035 9.03%
Quantitative Units Revenue in USD million/billion, Volume in units
Largest Market North America
Base Year 2025
Regions Covered North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa

Recent Developments

  • In October 2025, Thirdwayv Inc., a leader in secure software solutions for connected medical devices, and Medcrypt Inc. announced at the Diabetes Technology Society Conference, DTM 2025, the signing of an agreement to jointly advance cybersecurity and interoperability standards and solutions across the connected medical device ecosystem. The partnership seeks to address the increasing regulatory and operational demands for robust, life-cycle-spanning medical device cybersecurity.
  • In July 2025, Axonius, the global leader in cyber asset intelligence, today announced that it has acquired Cynerio, a pioneer in medical device security, for more than USD 100 million in a cash and stock transaction. The acquisition addresses a critical challenge for healthcare providers, where the proliferation of connected medical devices has created a vast and unprotected attack surface. These specialized assets, essential to patient care, have historically been invisible to traditional security tools, creating significant risk to both patient safety and hospital operations.

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