The healthcare industry continues to be a hotbed of innovation, with activity driven by telemedicine, real-time diagnostics, smart hospitals and access to digital therapies, as well as the growing importance of technologies such as artificial intelligence (AI), the Internet of Things (IoT), augmented reality (AR), robotics and data management practices. In the last three years alone, there have been over 106,000 patents filed and granted in the healthcare industry, according to GlobalData’s report on Cybersecurity in Healthcare: Medical device secure data transmission.
According to GlobalData’s Technology Foresights, which uses over 443,000 patents to analyse innovation intensity for the healthcare industry, there are 200+ innovation areas that will shape the future of the industry.
Medical device secure data transmission is a key innovation area in cybersecurity
Hospitals and other healthcare delivery groups are complicated businesses with the use of a variety of Internet of medical things and information technology. Devices connected to the Internet and operational technology are becoming more integrated. Secure data sharing necessitates providers to plan and ensure current security regulations, such as HIPAA technological measures, are met. When data can be simply and securely transferred from one provider to another, patient care will improve.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 20+ companies, spanning technology vendors, established healthcare companies, and up-and-coming start-ups engaged in the development and application of medical device secure data transmission.
Key players in medical device secure data transmission – a disruptive innovation in the healthcare industry
‘Application diversity’ measures the number of different applications identified for each relevant patent and broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in and reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to medical device secure data transmission
Source: GlobalData Patent Analytics
People.ai is one of the leading patent filers in the field of medical device secure data transmission. Some other key patent filers in the field include Enlitic, DexCom and SoftBank Group.
In terms of application diversity, Enlitic leads the pack, followed by Johnson & Johnson, and US Patent Innovations, respectively. By means of geographic reach, ICU Medical held the top position, while Johnson & Johnson and SoftBank Group are in the second and third spots, respectively.
These systems offer a 360-degree picture of the patient's state and treatment plan. The patient's treatment success is tied heavily into the performance of these important systems currently and is expected to be a core component of treatment success in the future.
To further understand how cybersecurity is disrupting the healthcare industry, access GlobalData’s latest thematic research report on Cybersecurity in Healthcare.