The Internet of Things (IoT) is taking the healthcare industry by storm. From remote health monitoring to inventory tracking, the use cases for IoT are both vast and varied. By 2021 it is estimated that 28 billion devices or ‘things’ will be connected to wireless networks, most of which will be classified as IoT. This presents huge opportunity for healthcare providers, but also introduces a number of new risks – with new technology comes new vulnerabilities.
To highlight the pros, cons, and state of IoT in healthcare more generally, we’ve pulled together ten eye-opening statistics from across the web:
- 60% of healthcare organizations have introduced IoT devices to their premises (Source)
- 87% of healthcare organizations plan to implement IoT technology by 2019 (Source)
- 30% of healthcare organizations use IoT to handle sensitive data (Source)
- 89% of healthcare organizations have suffered an IoT security breach (Source)
- 42% of healthcare professionals rank patient monitoring and maintenance as the top use for IoT (Source)
- 80% of healthcare professionals report an increase in innovation as a result of implementing IoT devices (Source)
- 73% of healthcare professionals report cost savings since using IoT devices (Source)
- The global market for Internet of IoT sensors in healthcare totaled $1.1 billion in 2017 and is estimated to reach $1.9 billion by 2022 (Source)
- IoT devices can lead to potential savings of $63 billion globally in health care (Source)
- By 2025 the global value of IoT tech is projected to be $6.2 trillion, with healthcare accounting for approximately $2.5 trillion of this (Source)
As the numbers show, IoT is already making huge waves in healthcare and shows no signs of slowing anytime soon. While the implementation of IoT devices can have huge benefits for healthcare providers – most notably helping to improve patient care and cutting costs – it’s not without risk, as highlighted by the fact that 89% of healthcare organizations have experienced an IoT-related security breach.
In recognition of these risks, The National Institute of Standards and Technology (NIST) recently released a guide that aims to make organizations more aware of the associated threats and help professionals understand how to manage the cybersecurity and privacy vulnerabilities that IoT technology can introduce. To find out more about how to protect your organizations from IoT threats click here or to read the full guidance document from NIST click here.