Healthcare cybersecurity market poised for growth over the coming years

The healthcare cybersecurity market is projected to grow at a compound annual growth rate of 19.1% from 2019 to 2025. This growth is driven by the increasing digital transformation of the healthcare industry. Data breaches cost the industry over $5.6 billion annually, leading to greater importance being placed on digital security. The report predicts a trend towards cloud migration and an increase in ransomware attacks. There is a gap in cybersecurity measures, with many healthcare organizations lacking proper preparation and authentication support. Cybersecurity dashboards are important for protecting patient information.