CompareMarketResearchRequest a sample
Home / Healthcare / Medical Device Cyber Risk Quantification

Healthcare · Market report

Medical Device Cyber Risk Quantification Market Size, Share and Forecast 2026-2036

The global medical device cyber risk quantification market is worth USD 244 mn in 2026 and is forecast to reach USD 986 mn by 2036, growing at a 15.0% CAGR. United States is the largest country market and Asset discovery and inventory is the largest by solution segment.

USD 244 mnMarket size 2026
USD 986 mnForecast 2036
15.0%CAGR 2026-2036
United StatesLargest country

Request a free sample Jump to the forecast

Report price: Starts from USD 1,999

5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global medical device cyber risk quantification market is worth USD 244 mn in 2026 and is forecast to reach USD 986 mn by 2036, growing at a 15.0% CAGR. United States is the largest country market and Asset discovery and inventory is the largest by solution segment.

ScopeSoftware platforms that find connected medical devices in hospitals, score their cybersecurity risk and prioritise fixes: asset discovery, vulnerability management and risk quantification for hospitals and device makers.
IndustryHealthcare
Value 2025USD 210 mn
Value 2026USD 244 mn
Value 2036USD 986 mn
CAGR 2026-203615.0%
Volume 20263.48 thousand subscriptions
Volume 203614.1 thousand subscriptions
Average price 2026USD 70,000 per subscription
Report priceStarts from USD 1,999
PublishedNovember 2026

Request a free sample of this report

Medical Device Cyber Risk Quantification market size and forecast, 2026-2036

Exhibit 1The global medical device cyber risk quantification market is forecast to grow from USD 244 mn in 2026 to USD 986 mn by 2036, more than triplingGlobal market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 15.0%
Medical Device Cyber Risk Quantification market value, 2025 to 2036Market value by year. 2025: USD 210 mn; 2026: USD 244 mn; 2027: USD 280 mn; 2028: USD 322 mn; 2029: USD 370 mn; 2030: USD 426 mn; 2031: USD 490 mn; 2032: USD 563 mn; 2033: USD 648 mn; 2034: USD 745 mn; 2035: USD 857 mn; 2036: USD 986 mn. Compound annual growth rate 2026 to 2036: 15.0%.2025244 mn2026490 mn2031986 mn203615.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 244 mn
2027USD 280 mn
2028USD 322 mn
2029USD 370 mn
2030USD 426 mn
2031USD 490 mn
2032USD 563 mn
2033USD 648 mn
2034USD 745 mn
2035USD 857 mn
2036USD 986 mn

Medical Device Cyber Risk Quantification market segmentation

By solution

Exhibit 2Asset discovery and inventory is the largest segment by solution, with 34.0% of 2026 revenueEstimated share of 2026 global revenue, by solution
Medical Device Cyber Risk Quantification market share by solution, 2026Share of 2026 revenue by solution. Asset discovery and inventory: 34.0%; Vulnerability and risk scoring: 32.0%; Threat detection and response: 22.0%; Premarket and software bill-of-materials tools: 12.0%.Asset discovery and inventory34.0%Vulnerability and risk scoring32.0%Threat detection and response22.0%Premarket and software bill-of-materials tools12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Asset discovery and inventory34.0%25.1%USD 83 mn11.6%
Vulnerability and risk scoring32.0%33.5%USD 78 mn15.5%
Threat detection and response22.0%25.1%USD 54 mn16.5%
Premarket and software bill-of-materials tools12.0%16.2%USD 29 mn18.5%

By buyer

Exhibit 3Hospitals and health systems adds the most revenue by buyer, growing from USD 175 mn in 2026 to USD 664 mn by 2036Estimated revenue in USD by buyer, 2026 and 2036 forecast
Medical Device Cyber Risk Quantification market by buyer, 2026 and 2036Revenue by buyer in 2026 and 2036. Hospitals and health systems: USD 175 mn in 2026, USD 664 mn in 2036, change +278%; Medical device manufacturers: USD 49 mn in 2026, USD 260 mn in 2036, change +434%; Payers and others: USD 19 mn in 2026, USD 62 mn in 2036, change +217%.20262036 forecastChangeHospitals and health systems+278%175 mn664 mnMedical device manufacturers+434%49 mn260 mnPayers and others+217%19 mn62 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Hospitals and health systems72.0%67.3%USD 175 mn14.2%
Medical device manufacturers20.0%26.4%USD 49 mn18.2%
Payers and others8.0%6.3%USD 19 mn12.2%

By risk domain

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Patient safety impact30.0%29.0%USD 73 mn14.6%
Data privacy impact22.0%20.0%USD 54 mn13.9%
Operational downtime26.0%26.0%USD 63 mn15.0%
Regulatory and financial exposure22.0%25.0%USD 54 mn16.5%

By delivery

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Software-as-a-service48.0%58.0%USD 117 mn17.2%
Licensed software30.0%24.0%USD 73 mn12.5%
Advisory services22.0%18.0%USD 54 mn12.7%

By device class

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Class III implantables24.0%22.0%USD 58 mn14.0%
Class II connected devices48.0%47.0%USD 117 mn14.8%
Hospital networked equipment28.0%31.0%USD 68 mn16.2%

Top 25 countries for medical device cyber risk quantification by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 93.0% of 2026 revenue and the 25 countries below together hold 97.9%.

Exhibit 4United States is the largest country market at USD 151 mn in 2026, and the three largest countries hold 73.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Medical Device Cyber Risk Quantification market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 151 mn, 62.0%; United Kingdom: USD 15 mn, 6.0%; Germany: USD 12 mn, 5.0%; Canada: USD 9.7 mn, 4.0%; Australia: USD 7.3 mn, 3.0%; France: USD 7.3 mn, 3.0%; Israel: USD 7.3 mn, 3.0%; Japan: USD 7.3 mn, 3.0%; Netherlands: USD 4.9 mn, 2.0%; Singapore: USD 4.9 mn, 2.0%.United States151 mn 62.0%United Kingdom15 mn 6.0%Germany12 mn 5.0%Canada9.7 mn 4.0%Australia7.3 mn 3.0%France7.3 mn 3.0%Israel7.3 mn 3.0%Japan7.3 mn 3.0%Netherlands4.9 mn 2.0%Singapore4.9 mn 2.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 151 mn62.0%USD 620 mn15.2%
2United KingdomUSD 15 mn6.0%USD 57 mn14.6%
3GermanyUSD 12 mn5.0%USD 45 mn14.1%
4CanadaUSD 9.7 mn4.0%USD 38 mn14.7%
5AustraliaUSD 7.3 mn3.0%USD 30 mn15.0%
6FranceUSD 7.3 mn3.0%USD 28 mn14.2%
7IsraelUSD 7.3 mn3.0%USD 30 mn15.0%
8JapanUSD 7.3 mn3.0%USD 27 mn13.8%
9NetherlandsUSD 4.9 mn2.0%USD 19 mn14.4%
10SingaporeUSD 4.9 mn2.0%USD 21 mn15.6%
11ItalyUSD 1.9 mn0.8%USD 7.6 mn15.2%
12SpainUSD 1.7 mn0.7%USD 6.8 mn15.2%
13SwitzerlandUSD 1.3 mn0.5%USD 5.4 mn15.2%
14SwedenUSD 1.2 mn0.5%USD 4.8 mn15.2%
15DenmarkUSD 1.1 mn0.4%USD 4.3 mn15.3%
16BelgiumUSD 0.90 mn0.4%USD 3.7 mn15.3%
17South KoreaUSD 0.73 mn0.3%USD 3.0 mn15.0%
18IrelandUSD 0.63 mn0.3%USD 2.7 mn15.4%
19NorwayUSD 0.58 mn0.2%USD 2.4 mn15.0%
20PolandUSD 0.46 mn0.2%USD 1.9 mn15.0%
21TaiwanUSD 0.41 mn0.2%USD 1.7 mn15.0%
22BrazilUSD 0.37 mn0.1%USD 1.5 mn15.0%
23IndiaUSD 0.29 mn0.1%USD 1.3 mn15.9%
24FinlandUSD 0.27 mn0.1%USD 1.1 mn15.0%
25AustriaUSD 0.22 mn0.09%USD 0.89 mn15.0%
Rest of worldUSD 5.1 mn2.1%USD 23 mn16.1%
Exhibit 5United States and United Kingdom account for 69% of the USD 742 mn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Medical Device Cyber Risk Quantification market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 244 mn. United States: +USD 469 mn; United Kingdom: +USD 43 mn; Germany: +USD 33 mn; Canada: +USD 29 mn; Australia: +USD 22 mn; 20 other countries: +USD 129 mn; Rest of world: +USD 18 mn. Market value 2036: USD 986 mn.Market value 2026244 mnUnited States+469 mnUnited Kingdom+43 mnGermany+33 mnCanada+29 mnAustralia+22 mn20 other countries+129 mnRest of world+18 mnMarket value 2036986 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Claroty
  • Armis
  • Palo Alto Networks
  • Nozomi Networks

Group 2: Regional and specialist players

  • Asimily
  • Forescout
  • Medcrypt
  • Ordr
  • Tenable

Group 3: Emerging and niche players

  • Cylera
  • Censinet
  • Finite State
  • Phosphorus Cybersecurity
  • Virta Labs
  • Medsec

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the medical device cyber risk quantification market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 15.0% is calculated from the resulting values.

The market is divided by solution, by buyer, by risk domain, by delivery, by device class. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the medical device cyber risk quantification market?

The global medical device cyber risk quantification market is estimated at USD 210 mn in 2025 and USD 244 mn in 2026.

How fast will the medical device cyber risk quantification market grow?

It is forecast to reach USD 986 mn by 2036, a compound annual growth rate of 15.0% from 2026, an increase of USD 742 mn.

Which country is the largest market for medical device cyber risk quantification?

United States is the largest market by revenue at USD 151 mn in 2026, 62.0% of the global total. The three largest countries together hold 73.0%.

Which country is growing fastest?

Among the ten largest markets, Singapore is growing fastest at 15.6% a year from 2026 to 2036.

Which medical device cyber risk quantification segment is largest?

In the by solution split, Asset discovery and inventory is the largest segment with 34.0% of 2026 revenue.

Who are the leading medical device cyber risk quantification companies?

Global leaders include Claroty, Armis, Palo Alto Networks, Nozomi Networks.

Need the full report?

Request a sample to see the structure, tables and country detail.

Request a free sample

Related markets in Healthcare

← Medical Cannula Medical Devices →

All Healthcare markets →

Request a sample