Healthcare Cybersecurity Market Worth $26.1 billion by 2027

Meticulous Research predicts the healthcare cybersecurity market will expand at a CAGR of 19.8% to reach $26.1bn by 2027. The expected growth is due to emerging digital technologies in healthcare, rising demand for advanced cybersecurity solutions and an increase in cyber threats. However, growth could be slowed by the coronavirus pandemic and a lack of skilled professionals. As of 2020, ransomware is the biggest threat.