Cybersecurity in Healthcare – Thematic Research
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Cybersecurity in Healthcare Thematic Report Overview
The healthcare industry is particularly vulnerable to cyberattacks because it uses extremely sensitive data. Healthcare cybersecurity is implemented to protect patient safety and privacy and mitigate disruptions to business operations and company reputation. Pharma companies have proprietary scientific data and intellectual property, medical device companies develop connected devices, and healthcare companies collect and utilize patient data. The increased use of technology to support virtual care and digital monitoring, especially the cloud, increased the risk of cyberattacks. Additionally, the high speed of transition meant many IT security teams had insufficient time to install adequate security defenses.
The rush from in-person care to virtual care and digital monitoring, and from office-based work to remote working amid the COVID-19 pandemic, significantly increased cyber risk. Healthcare companies, especially hospitals and pharma companies, reported increases in cyberattack attempts and government bodies like the Federal Bureau of Investigation issued warnings about the increased threat.
The cybersecurity in healthcare thematic intelligence report gives an overview of the cybersecurity value chain in healthcare and challenges of the healthcare industry is facing. It also discusses case studies of cybersecurity deployments in healthcare, market size, growth forecasts, specialist cybersecurity vendors in healthcare, and an analysis of the cybersecurity activity in healthcare using various data sets, including deals, hiring, company filings, and social media.
|Market Size (Healthcare) (2020)||$4.59 billion|
|Value Chain||Hardware, Software, and Services|
|Leading Cybersecurity Adopters||Abbott, AstraZeneca, Battelle, Johnson & Johnson and Novartis|
|Leading Cybersecurity Vendors||Accenture, Alphabet, Cisco, Dell Technologies and Microsoft|
|Leading Cybersecurity Vendors||Andersen, Atos, ClearDATA, CyberMDX and DataMotion Health|
Cybersecurity in Healthcare – Industry Analysis
The healthcare market size was $4.59 billion in 2020. Cybersecurity in the healthcare industry is forecast to grow at around 8% between 2020 and 2025. Cybersecurity in medical devices and cybersecurity in pharmaceuticals, both are forecast to grow at a CAGR of about 7% during the same period.
The cybersecurity in healthcare thematic research report also covers:
- Mergers and acquisitions
- Hiring trends
- Social media trends
For more cybersecurity in healthcare industry analysis, download a free report sample
Cybersecurity in Healthcare - Value Chain Analysis
GlobalData’s cybersecurity value chain is split into three segments: hardware, software, and services.
Cybersecurity Hardware: Chip-based security is a key part of the cybersecurity landscape due to the growing risks of cyberattacks. Systems vendors like Apple and Amazon are increasingly designing their chips rather than buying commercially developed devices and intellectual property (IP) from third-party developers. Additionally, with IoT devices deployed extensively, attention to the vulnerabilities of digital integrated circuit (IC) chips is increased, persuading companies and governments to make strategic decisions to introduce a new design tool and IP ecosystem.
Cybersecurity Value Chain
The software element of the cybersecurity value chain includes identity management, network security, endpoint security, threat detection and response, cloud security, data security, email security, application security, unified threat management, and vulnerability management.
The services element of the cybersecurity value chain includes managed security services, post-breach response services, and risk and compliance services. Services are typically outsourced because of the complexity of addressing cybersecurity-related issues, such as staying on top of vulnerabilities, identifying and responding to threats, and meeting compliance requirements.
For more insights on the cybersecurity value chain in healthcare, download a free report sample
Leading Cybersecurity Adopters in the Healthcare Industry
Some of the leading healthcare companies currently deploying cybersecurity:
- Johnson & Johnson
Leading Cybersecurity Vendors
Some of the leading players making their mark within the cybersecurity theme:
- Dell Technologies
Leading Cybersecurity Specialists in the Healthcare Industry
Some of the leading specialist cybersecurity vendors in the healthcare industry:
- DataMotion Health
To know more about leading adopters, vendors, and specialists associated with the cybersecurity in healthcare theme, download a free report sample
Cybersecurity in Healthcare Sector Scorecard
GlobalData uses a scorecard approach to predict tomorrow’s leading companies within each sector. The sector scorecards help to determine which companies are best positioned for a future filled with disruptive threats. Each sector scorecard has three screens:
- The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
- The valuation screen ranks companies within a sector based on selected valuation metrics.
- The risk screen ranks companies within a particular sector based on overall investment risk.
Clinical Trails Sector Scorecard – Thematic Screen
For more insights on the sector scorecard on the cybersecurity in healthcare market, download a free report sample
- Key players in the cybersecurity in healthcare space: leading cybersecurity vendors, specialist cybersecurity vendors in healthcare, leading cybersecurity adopters in healthcare.
- Value chain including a definition of cybersecurity and the different relevant technologies and processes.
- Key challenges the healthcare industry faces and explanations of how cybersecurity can help. Challenges include manufacturing, marketing and sales, R&D, improving surgery safety, medical training for students and doctors, and improving patient safety
- Detailed analysis of cybersecurity activity in healthcare using various data sets, including deals, hiring, company filings, and social media.
- Profiles of private and public companies in the space.
Reasons to Buy
- See who the leading players are in cybersecurity
- See how the competitive landscape is evolving, with a review of company activity including mergers and acquisitions (M&A), strategic partnerships and funding deals, as well as a jobs analysis.
- Understand what cybersecurity is and what it can do.
United Health Group
Table of Contents
cybersecurity Value Chain
The Impact of cybersecurity on Healthcare
Frequently asked questions
What is the growth rate of cybersecurity in the healthcare market?
Cybersecurity in the healthcare industry is forecast to grow at a CAGR of around 8% between 2020 and 2025.
What are the components of the cybersecurity value chain in the healthcare industry?
GlobalData’s cybersecurity value chain in the healthcare industry is split into three segments: hardware, software and services.
Which are the leading cybersecurity adopters in healthcare industry?
Some of the leading cybersecurity adopters making their mark within the healthcare industry are Abbott, AstraZeneca, Battelle, Johnson & Johnson and Novartis among others.
Which are the leading cybersecurity vendors?
Some of the leading cybersecurity vendors making their mark are Accenture, Alphabet, Cisco, Dell Technologies and Microsoft among others.
Which are the leading cybersecurity vendors in the healthcare industry?
Some of the leading cybersecurity vendors making their mark in the healthcare industry are Andersen, Atos, ClearDATA, CyberMDX and DataMotion Health among others.
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