The global healthcare industry experienced a 25% decline in the number of cybersecurity-related patent applications in Q3 2023 compared with the previous quarter. The total number of cybersecurity-related grants dropped by 30% in Q3 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Healthcare: Patents Trends Q3 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
Notably, the number of cybersecurity-related patent applications in the healthcare industry was 539 in Q3 2023, versus 718 in the prior quarter.
The top five companies accounted for 9% of patenting activity
Analysis of patenting activity by companies shows that Johnson & Johnson filed the most cybersecurity patents within the healthcare industry in Q3 2023. The company filed 13 cybersecurity-related patents in the quarter, compared with 20 in the previous quarter. It was followed by Samsung Group with 11 cybersecurity patent filings, DexCom (9 filings), and NEC (7 filings) in Q3 2023.
Patenting activity was driven by the US with a 40% share of total patent filings
The largest share of cybersecurity related patent filings in the healthcare industry in Q3 2023 was in the US with 40%, followed by China (24%) and South Korea (9%). The share represented by the US was 4% higher than the 36% share it accounted for in Q2 2023.
For further understanding of GlobalData's Healthcare: Patents Trends Q3 2023, buy the databook here.