US Healthcare IoT Cybersecurity Trends, Threats, and Growth Opportunities
Technology Innovation in Patient Data Management Drives New Product Development
The convergence of IoT and healthcare, known as the internet of medical things (IoMT), is transforming the healthcare landscape, bringing unprecedented connectivity and convenience. However, the rapid proliferation of IoT devices in healthcare exposes critical data security and cybersecurity risks. This Frost & Sullivan study explores data security and cybersecurity in the US healthcare industry, focusing on IoT-enabled healthcare devices and systems.
The study identifies key growth drivers propelling the adoption of IoMT in healthcare, such as interoperability, industry consolidation, and cyberattacks in healthcare. However, it also highlights the restraints, including lack of skilled talent, productivity prioritization, and low budget allocation.
The report analyzes the competitive landscape, examining leading competitors' strategies in addressing data security and cybersecurity challenges. It also evaluates the role of advanced technologies, such as AI, automation, and machine learning, in strengthening cybersecurity defenses for IoMT systems.
US regulatory highlights relevant to data security and cybersecurity in the healthcare sector are discussed, shedding light on new compliance requirements and industry standards. Additionally, the study delves into ransomware trends analysis, outlining the evolving tactics cybercriminals use to target healthcare organizations.
The report also presents compelling growth opportunities in the IoMT cybersecurity market and a call to action for healthcare organizations and IoMT cybersecurity providers.
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Cybersecurity in the Healthcare Internet of Things (IoT) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
Scope of Analysis
Market Segmentation
Market Segmentation (continued)
Growth Drivers for the US Healthcare Cybersecurity IoT Market
Growth Restraints for the US Healthcare Cybersecurity Market
Market Overview
Key Competitors
An Overview of IoMT and its Security Approaches
Introduction to Healthcare Cybersecurity and Data Management Architecture
Medical Device Cybersecurity IR Communications
Levels of Privacy and Security in IoMT
Expanding Network Security Landscape Making Matters Worse for IT Analysts, Consultants, and IoMT Providers
Expanding Network Security Landscape Making Matters Worse for IT Analysts, Consultants, and IoMT Providers (continued)
Cost of a Data Breach
Cost of a Data Breach—Low vs High Data Regulation Environments
What Factors Impact the Cost of a Data Breach?
Medical Device and IoMT Systems Remain Highly Vulnerable
Top Vulnerabilities in Infusion Systems
Types of Security Threats
Ransomware Threats—The Daixin Team
Ransomware Attacks—Trends in US Healthcare Organizations
Ransomware Attacks—Trends in US Healthcare Organizations (continued)
US Regulatory Trends—Issues Driving FDA Action on Cybersecurity
US Regulatory Trends—Impact on Medtech Manufacturers
US Regulatory Trends—What are the FDA Cybersecurity Guidelines?
US Regulatory Trends—Congress Mandating Requirements for the FDA to Support Medtech Manufacturers
Cybersecurity is Part of Device Safety and the Quality System Regulations
March 2023 Guidance Defining Requirements Effective 1 October 2023
Security AI and Automation
Evaluation of IoMT Security Algorithms
Evaluation of IoMT Security ML Algorithms
Generative AI for Cyber Threat-Hunting in IoT Networks
Generative AI for Cyber Threat-Hunting in IoT Networks (continued)
Modern Security Information and Event Management Approach Best Way Forward as it Automates Security Assessment and Proactive Intervention
Growth Opportunity Universe
Growth Opportunity 1: Productivity and Cybersecurity Alignment
Growth Opportunity 1: Productivity and Cybersecurity Alignment (continued)
Growth Opportunity 2: Building Trust Relationships
Growth Opportunity 2: Building Trust in Relationships (continued)