Healthcare IoT Security Market By Solutions (Network Security, Endpoint Security, Content Security, Application Security, and Cloud Security), By Services (Consulting Services, Risk Assessment Services, Designs & Integration Services, Managed Security Services, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Trends, Analysis and Forecast till 2034

The market for IoT security in healthcare was valued at US$ 24.57 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 35.8% to reach US$ 512.14 billion by 2030. The market for IoT security in healthcare is divided into five regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The healthcare IoT security market in North America has the largest revenue share because of the growing concern over data security and the protection of vital health information. A 2017 National Center for Biotechnology Information study found that 53% of European physicians are concerned about privacy issues pertaining to healthcare and security.