The Global Medical Device Security Market is currently valued at USD 8.32 billion in 2025 and is projected to reach USD 15.02 billion by 2032, with an expected compound annual growth rate of 8.8%. Key market trends include the increased adoption of IoT-enabled medical devices, leading to heightened security risks and the necessity for advanced cybersecurity solutions. The solutions segment is expected to hold 55.2% market share by 2025, with wearables holding 34.5% share. North America leads the market with a 37.3% share in 2025, while Asia Pacific is projected to have a share of 23.4%. The rise in healthcare cyberattacks is a major driver for market growth, with incidents escalating globally. However, high implementation costs could hinder market growth, especially in underserved regions.