US device cybersecurity services market expands
The U.S. medical device cybersecurity services market is rapidly growing as wearables, IoT sensors and AI diagnostics proliferate, with vendors positioning around HIPAA, risk management and IoT security reported. That trend makes cybersecurity proficiency a selling point for reps pitching digital health integrations to health systems.
Analysts place the U.S. medical device cybersecurity services market at about $7.43 billion by 2025 with an 8.7% CAGR. datainsightsmarket.com Another industry estimate values the market at $8.47 billion in 2025 and forecasts growth to $12.56 billion by 2030 at an 8.2% CAGR. mordorintelligence.com Strategic consolidation has accelerated: Claroty completed its acquisition of healthcare IoT leader Medigate in January 2022. claroty.com Cyber asset management firm Axonius bought medical-device security specialist Cynerio on July 29, 2025 in a deal valued at more than $100 million. axonius.com Specialist vendors are drawing industry capital and partnerships—Medcrypt reported more than $36 million raised with participation from Johnson & Johnson Innovations and Dexcom Ventures while expanding integrations with infrastructure partners. mpo-mag.com Federal regulators have tightened expectations: HHS and NIST issued updated HIPAA-focused cybersecurity guidance on February 14, 2024, and the FDA finalized device cybersecurity recommendations on September 27, 2023, prompting vendors to bake compliance features into product offerings. natlawreview.com
