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Increasing Cyberattacks and Stricter Regulations Drive Solution Adoption Among Healthcare Providers
17-Dec-2024
Global
Market Research
KAF5-01-00-00-00
HC_2024_1191
Healthcare is the industry most affected by cyberattacks, which have targets like hospitals, healthcare organizations, patient databases, and connected devices. These attacks not only destabilize healthcare systems but also threaten care delivery and patient safety. The global healthcare infrastructure relies on an extensive supply chain involving medical devices, security software, and cloud services, making it vulnerable to economic and political disruptions. Regardless of the increasing awareness of cybersecurity’s importance in healthcare, the limitations of budgets and skilled professionals hinder organizations’ abilities to build and maintain robust cybersecurity measures. Regulatory compliance influences healthcare cybersecurity strategies, while the rise of the Internet of Things (IoT) devices, ecosystem interconnectivity, data complexity, and evolving cyber threats amplify security risks.
This study examines the US Healthcare Cybersecurity market, which includes systems, applications, and IT services dedicated to protecting digital infrastructure, patient information, medical devices, and healthcare systems from cyberattacks. The report provides a comprehensive analysis of the market and its segments: Infrastructure and Enterprise Network Security, Cloud Security, and IoT and Device Security. It addresses industry challenges, reviews key technology vendors, and explores business models, use cases, best practices, and growth opportunities likely to shape market dynamics throughout the study period.
Key Issues Addressed
- What are the changes and challenges that happened in the last year for the healthcare cybersecurity market? What were the bigger issues/flags that led to those changes?
- What are the market’s current trends, drivers, and restraints?
- How are the regulatory landscape and technological development shaping and transforming healthcare cybersecurity?
- How can data protection be ensured in the healthcare cybersecurity ecosystem?
- How are stakeholders facing the new challenges and changes in the market?
Scope of Analysis
Market Segmentation
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Cybersecurity in Healthcare Industry
Growth Drivers
Growth Restraints
Infrastructure and Enterprise Networks Security—Potential Risk Areas for Cybersecurity Attacks
Cloud Security—Potential Risk Areas for Cybersecurity Attacks
IoT and Medical Devices—Potential Risk Areas for Cybersecurity Attacks in Healthcare
Types of Security Threats
The Impact of Cyberattacks on Patient Outcomes
Cost of a Data Breach
Main Challenges for Cybersecurity Operations
Uses and Capabilities of GenAI in Healthcare Cybersecurity
Initiatives and Measures to Enhance Healthcare Cybersecurity
Regulations and Regulatory Bodies
FDA’s PATCH Act
Key Competitors
Cybersecurity in Healthcare—Solution Provider Ecosystem
Cybersecurity in Healthcare—Solution Provider Ecosystem (continued)
Case Study—Change Healthcare by UnitedHealthcare Group (2024)
Case Study—HCA Healthcare (2023)
Case Study—Perry Johnson & Associates (2023)
Case Study—Welltok Inc. by Virgin Pulse (2023)
Case Study—CommonSpirit Health (2022)
Best Practices and Use Cases
Best Practices and Use Cases (continued)
Best Practices and Use Cases (continued)
Best Practices and Use Cases (continued)
Best Practices and Use Cases (continued)
Growth Opportunity 1: AI and GenAI
Growth Opportunity 1: AI and GenAI (continued)
Growth Opportunity 2: Trust-building Relationships
Growth Opportunity 2: Trust-building Relationships (continued)
Growth Opportunity 3: Holistic Cybersecurity Approach
Growth Opportunity 3: Holistic Cybersecurity Approach (continued)
Benefits and Impacts of Growth Opportunities
Action Items & Next Steps
List of Exhibits
Legal Disclaimer
List of Figures
- Cybersecurity in Healthcare: Growth Drivers, US, 2024–2030
- Cybersecurity in Healthcare: Growth Restraints, US, 2024–2030
- Average Cost and Frequency of Data Breaches by Initial Attack Vector, Global, 2023
- The Impact of Cyberattacks on Patient Outcomes, US, 2024
- Average Total Cost of a Data Breach in the Healthcare Industry, Global, 2020‒2023
- Average Total Cost of a Data Breach Industry Agnostic, Global vs. United States, 2020‒2024
- Challenges for Cybersecurity Operations, Global, 2020‒2023
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Key Issues Addressed
- What are the changes and challenges that happened in the last year for the healthcare cybersecurity market? What were the bigger issues/flags that led to those changes?
- What are the market’s current trends, drivers, and restraints?
- How are the regulatory landscape and technological development shaping and transforming healthcare cybersecurity?
- How can data protection be ensured in the healthcare cybersecurity ecosystem?
- How are stakeholders facing the new challenges and changes in the market?
| Deliverable Type | Market Research |
|---|---|
| Author | Alejandra Parra |
| Industries | Healthcare |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | healthcare cybersecurity |
| Keyword 2 | 2024 healthcare risks |
| Keyword 3 | U.S. healthcare security |
| List of Charts and Figures | Cybersecurity in Healthcare: Growth Drivers, US, 2024–2030~ Cybersecurity in Healthcare: Growth Restraints, US, 2024–2030~ Average Cost and Frequency of Data Breaches by Initial Attack Vector, Global, 2023~ The Impact of Cyberattacks on Patient Outcomes, US, 2024~ Average Total Cost of a Data Breach in the Healthcare Industry, Global, 2020‒2023~ Average Total Cost of a Data Breach Industry Agnostic, Global vs. United States, 2020‒2024~ Challenges for Cybersecurity Operations, Global, 2020‒2023~ |
| Podcast | No |
| Predecessor | K930-01-00-00-00 |
| WIP Number | KAF5-01-00-00-00 |