Identity and Access Management in Healthcare Market is Expected Grow to US$ 5.57 Billion With 16.9% CAGR From – EIN News

The healthcare industry is projected to see significant growth in the Identity and Access Management (IAM) market, reaching a value of US$ 5.57 billion. This growth is expected to come with a Compound Annual Growth Rate (CAGR) of 16.9%. IAM solutions play a crucial role in healthcare by ensuring that only authorized individuals have access to sensitive patient data and systems. This helps in safeguarding patient information and maintaining compliance with regulations such as HIPAA. The increasing adoption of digital healthcare technologies and the growing concerns around data security are driving the demand for IAM solutions in the healthcare sector. With the continued reliance on technology in healthcare delivery, the IAM market is poised for continued growth in the coming years.