Cybersecurity in Medical Devices - Thematic Intelligence

Cybersecurity remains a priority for enterprises

The tech industry is experiencing significant upheaval. Big Tech has made mass layoffs to cut costs, and cybersecurity companies are not immune. However, while information technology (IT) budgets face scrutiny as companies cut discretionary spending, cybersecurity will remain a priority. Cyber risk is higher than ever, and the consequences of attacks are significant. According to Cybersecurity Ventures, global cybercrime will reach $10.5 trillion annually by 2025. Tackling this issue requires investment, and the publisher forecasts that cybersecurity revenues will reach $344 billion worldwide by 2030.

Cyberattacks are especially dangerous to healthcare

Weak cybersecurity measures expose companies to serious risk. Victim companies suffer operationally, as systems are rendered unusable; reputationally, as customers lose trust; and legally, as ever-stricter regulators seek to punish. The healthcare industry is particularly vulnerable because it uses extremely sensitive data. Pharma companies have proprietary scientific data and intellectual property, medical devices companies develop connected devices, and healthcare companies collect and utilize patient data. Additionally, operational functions are often literally matters of life and death. Breaches in healthcare and pharma cost more than those in almost any other industry.

Scope

• This report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. Inside, we predict how each theme will evolve and identify the leading and disrupting companies.
• The report covers the cybersecurity theme.

Reasons to Buy

• The thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
• Develop and design your corporate strategies through an in-house expert analysis of cybersecurity by understanding the primary ways in which this theme is impacting the healthcare industry.
• Stay up to date on the industry’s major players and where they sit in the value chain.
• Identify emerging industry trends to gain a competitive advantage.