Frost & Sullivan Reveals Insights about the U.S. Healthcare Cyber Security Market

(Santa Clara, CA) Frost & Sullivan’s Digital Health Growth Partnership Services Program, is geared towards the needs of its clients. Additionally, it aims at combining a range of services. These Frost & Sullivan services are combined with global perspective, comprehensive market coverage and provided tools. The effort is to empower the client, so that the client can, achieve its desired business growth objectives. Recently, Frost & Sullivan revealed insights about, the U.S. healthcare cyber security market. These insights were revealed through the analysis report, The US Healthcare Cybersecurity Market. The latter, is part of Frost & Sullivan’s Digital Health Growth Partnership Services Program.

Frost & Sullivan’s Digital Health Growth Partnership Services Program, also attempts, to do the following. The ability to be on pace with the continuous flow of the market, provide technical information, provide econometric information, provide interactive applications that are focused on business growth are the purposes of the other effort that is; the Digital Health Growth Partnership Services Program. Returning to, the analysis report The US Healthcare Cybersecurity Market. The aforementioned, explores new technologies like the internet of things (IoT), internet cloud services and artificial intelligence (A.I.). Through the exploration, the analysis report claims that the latter, are increasing the points of vulnerability. Due to this fact, it is recommended that healthcare organizations should adopt new computer security systems. The new computer security systems for the healthcare organization have to include network perimeter protection, endpoint protection, access management, public-facing properties, detection & mitigation of exploits and managed services. An end result of everything is that; by the year 2023, the U.S. healthcare cyber security market, will have an economic impact of $8.70 billion USD.

The US Healthcare Cybersecurity Market; analysis report of Frost & Sullivan’s Digital Health Growth Partnership Services Program, also presents insights into, market drivers and restraints. These drivers and restraints, will ultimately shape, the spending on cyber security technology solutions. Additionally, and throughout the next five years, flexible pricing will be pivotal. Flexible pricing, it is believed, will prove to be a significant competitive advantage for the healthcare sector of the economy. According to the analysis report, The US Healthcare Cybersecurity Market, businesses interested in entering this sector of the economy should consider the following. To start, businesses have to think of themselves as a niche business or player. Additionally, niche players have to be able to deliver specific cyber security solutions that, can address several healthcare cyber security issues. According to Frost & Sullivan, business growth can occur in the following six ways. The first way, is applying integrated security for the clinical workflow. Collection of point solutions, should be avoided. The second way, is providing solutions that, can be scaled to thousands of devices. Additionally, endpoint protection for mobile devices, also, has to be offered. The third way, is establishing flexible approaches so that cyber security suites, can be acquired. The fourth way, is incorporating the capabilities that, decrease complexity. At the same time, productivity has to be increased. The fifth way, is enabling new forms of security management. Additionally, security management has to include location based access, and, biometrics. The sixth way, is addressing the budget concerns of healthcare I.T. For the latter, flexible pricing models are highly recommended.

To end, Frost & Sullivan did release a press statement. Mike Jude is the Digital Health Research Manager at Frost & Sullivan. Through a press statement, Mr. Jude said the following. “The healthcare market is a prime target of hackers looking for protected health information (PHI). The lack of cybersecurity expertise is prompting healthcare IT organizations to seek managed support, which, in turn, is accelerating the move to cloud-based computing services. To make optimum use of the opportunities, cybersecurity vendors need to develop solutions that integrate with existing healthcare IT systems and applications. The solutions must be able to accommodate and scale with new technologies such as IoT, cloud, and Big Data.” As previously stated, Frost & Sullivan recently revealed insights about, the U.S. healthcare cyber security market. These insights were revealed through the analysis report, The US Healthcare Cybersecurity Market. The latter, is part of Frost & Sullivan’s Digital Health Growth Partnership Services Program. Lastly; and an end result of everything is that, by the year 2023 the U.S. healthcare cyber security market, will have an economic impact of $8.70 billion USD.