Canada Healthcare Cybersecurity Market

Canada Healthcare Cybersecurity Market Insights Forecasts to 2035

• The Canada Healthcare Cybersecurity Market Size Was Estimated at USD 1.76 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 18.9% from 2025 to 2035
• The Canada Healthcare Cybersecurity Market Size is Expected to Reach USD 11.82 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the Canadian Healthcare Cybersecurity Market size is anticipated to reach USD 11.82 Billion by 2035, growing at a CAGR of 18.9% from 2025 to 2035. The Canadian market is driven by a growing number of cyberattacks that target private patient information and the expanding use of digital technologies such as telemedicine and healthcare IoT devices. As stringent laws like HIPAA demand strong data protection, cybersecurity is crucial for both patient safety and business continuity, increasing the digitization of healthcare services, the rising number of cyber threats targeting healthcare data, and the growing awareness of the importance of data protection among healthcare providers.

Market Overview

Protecting digital systems and electronic health data from breaches, illegal access, and cyberthreats in order to maintain patient privacy, data integrity, and system security is known as healthcare cybersecurity. The goal of healthcare cybersecurity is to prevent illicit entry, destruction, or destruction of patient data, medical devices, and electronic medical records. Increasing usage of connected medical equipment, including imaging systems, pumps, and monitors, IoT security offers a significant future opportunity in the healthcare cybersecurity sector.

Numerous cases involving internet-accessible ICS have been reported to the Royal Canadian Mounted Police and the Cyber Centre. The government took action to guarantee that every service is appropriately accounted for, recorded, and safeguarded. Provincial and territorial administrations are encouraged to collaborate closely with the towns and institutions within their jurisdiction. Businesses are encouraged to perform a thorough inventory of all ICS devices with internet connections and determine whether they are necessary.

In October 2025, the Government of Canada expanded investment in Advanced Cybersecurity Training for ASEAN Members. BlackBerry and Universiti Kebangsaan Malaysia (UKM) have also signed a Memorandum of Understanding (MoU) on the sidelines of the 47th ASEAN Summit, announcing a multi-year education partnership to develop the nation's next generation of cyber leaders and embedded software engineers.

Report Coverage

This research report categorizes the market for the Canada healthcare cybersecurity market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada healthcare cybersecurity market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada healthcare cybersecurity market.

Driving Factors

The healthcare cybersecurity markets in Canada are driven by the increase in cyberattacks and data breaches in the healthcare sector, the threats against healthcare organizations becoming more sophisticated and frequent, the digitization of medical records, and the integration of healthcare systems, all of which hasten market growth. The market is also anticipated to expand in the future as a result of the increasing usage of electronic health records and telemedicine services, as well as strict laws and regulations pertaining to data privacy that are enforced by governments and other regulatory agencies.

Restraining Factors

The healthcare cybersecurity market in Canada is restrained by a lack of qualified IT workers and inadequate training, increasing the risk of data breaches and system failures. Many healthcare businesses may not be able to afford the upfront expenditures of installing complete cybersecurity solutions. Effective risk identification, incident response, and system updates are hampered by insufficiency.

Market Segmentation

The Canadian healthcare cybersecurity market share is categorized by type of threat, type of solutions, and end user.

• The malware segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Canadian healthcare cybersecurity market is segmented by type of threat into malware, distributed denial of service, advanced persistent threats, spyware, and others. Among these, the malware segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment growth is facilitated by they handle vast amounts of private patient data and vital systems; healthcare organizations are prime targets for malware like ransomware, spyware, and trojans. More specifically, ransomware is highly common, frequently disrupting operations and costing companies a lot of money to restore access. Modern healthcare systems are more susceptible to infection because of their interconnectedness, which includes Internet of Medical Things (IoMT) equipment and electronic health records (EHRs).

• The antivirus and antimalware segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

The Canadian healthcare cybersecurity market is segmented by type of solutions into identity and access management, risk and compliance management, antivirus and antimalware, DDOS mitigation, and security information and event management. Among these, the antivirus and antimalware segment accounted for the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by the endpoints are among the most vulnerable components of healthcare networks, hence these solutions are crucial for their protection. As more people use linked devices and electronic health records (EHRs), the likelihood of malware attacks has grown, necessitating the use of these solutions. Antivirus and antimalware software is also widely used, reasonably priced, and frequently updated to protect against emerging threats, which makes it essential for thorough cybersecurity measures in the healthcare sector.

• The hospitals segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

Based on end user, the Canadian healthcare cybersecurity market is segmented into hospitals, pharmaceutical companies, medical device companies, health insurance companies, and others. Among these, the hospitals segment accounted for the largest share in 2024 during the forecast period. The segmental growth is driven by hospital operations and patient care are so important, a large investment in cybersecurity is required, raising the risk and possible consequences of breaches of information or ransomware incidents. Hospitals must implement more robust cybersecurity measures to safeguard their systems and adhere to regulations such as HIPAA.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Canada healthcare cybersecurity market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies                                                                                                                                      

• CGI Canada
• Accenture PLC
• Deloitte Touche Tohmatsu,
• PricewaterhouseCoopers LLP
• IBM Corporation
• Ernst & Young LLP
• TELUS Corporation
• Oracle Corporation
• Cisco
• eSentire
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

In February 2025, the Government of Canada announced its latest National Cyber Security Strategy (the NCSS), detailing the federal government’s plan to help Canadian organizations prepare for and respond to the rapidly evolving and increasingly sophisticated cyber security threats.

In December 2024, Arctic Wolf and BlackBerry Limited, two global leaders in security software and services, announced they had entered into a definitive agreement for Arctic Wolf to acquire BlackBerry’s Cylance endpoint security assets.

Market Segment

This study forecasts revenue at the Canada, regional, and country levels from 2020 to 2035. Decision Advisiors has segmented the Canada Healthcare Cybersecurity Market based on the below-mentioned segments:

Canada Healthcare Cybersecurity Market, By Type of Threat

• Malware
• Distributed Denial of Service
• Advanced Persistent Threats
• Spyware
• Others

Canada Healthcare Cybersecurity Market, By Type of Solutions

• Identity and Access Management
• Risk and Compliance Management
• Antivirus and Antimalware
• DDoS Mitigation
• Security Information and Event Management

Canada Healthcare Cybersecurity Market, By End User

• Hospitals
•  Pharmaceutical Companies
• Medical Device Companies
• Health Insurance Companies
• Others