As of 2022, 45 percent of surveyed healthcare organizations in the United States said that a severe hacking incident might lead the organization to rethink their Internet of Things (IoT) or Internet of Medical Things cybersecurity budget. Furthermore, around four in ten healthcare providers said new regulations would be the driving factor for making changes in their cybersecurity budget.
Circumstances influencing on IoT/IoMT cybersecurity budget increase in healthcare organizations in the United States as of 2022
Characteristic
Share of respondents
A serious hacking incident of your medical devices
45%
New regulations
41%
Concern over relationships with clinicians and other third parties
38%
Concern over potential loss of customers due to a security incident
27%
Concern over potential loss of revenues due to a security incident
26%
Media coverage of a serious hacking incident affecting another company
21%
Created with Highcharts 7.2.2Share of respondents45%45%41%41%38%38%27%27%26%26%21%21%A serious hacking incident of your medical devicesNew regulationsConcern over relationships with clinicians and other third partiesConcern over potential loss of customers due to a security incidentConcern over potential loss of revenues due to a security incidentMedia coverage of a serious hacking incident affecting anothercompany
0%5%10%15%20%25%30%35%40%45%50%
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Cynerio. (August 17, 2022). Circumstances influencing on IoT/IoMT cybersecurity budget increase in healthcare organizations in the United States as of 2022 [Graph]. In Statista. Retrieved April 18, 2025, from https://www.statista.com/statistics/1421463/us-healthcare-iot-iomt-cybersecurity-spend-change-factors/
Cynerio. "Circumstances influencing on IoT/IoMT cybersecurity budget increase in healthcare organizations in the United States as of 2022." Chart. August 17, 2022. Statista. Accessed April 18, 2025. https://www.statista.com/statistics/1421463/us-healthcare-iot-iomt-cybersecurity-spend-change-factors/
Cynerio. (2022). Circumstances influencing on IoT/IoMT cybersecurity budget increase in healthcare organizations in the United States as of 2022. Statista. Statista Inc.. Accessed: April 18, 2025. https://www.statista.com/statistics/1421463/us-healthcare-iot-iomt-cybersecurity-spend-change-factors/
Cynerio. "Circumstances Influencing on Iot/Iomt Cybersecurity Budget Increase in Healthcare Organizations in The United States as of 2022." Statista, Statista Inc., 17 Aug 2022, https://www.statista.com/statistics/1421463/us-healthcare-iot-iomt-cybersecurity-spend-change-factors/
Cynerio, Circumstances influencing on IoT/IoMT cybersecurity budget increase in healthcare organizations in the United States as of 2022 Statista, https://www.statista.com/statistics/1421463/us-healthcare-iot-iomt-cybersecurity-spend-change-factors/ (last visited April 18, 2025)
Circumstances influencing on IoT/IoMT cybersecurity budget increase in healthcare organizations in the United States as of 2022 [Graph], Cynerio, August 17, 2022. [Online]. Available: https://www.statista.com/statistics/1421463/us-healthcare-iot-iomt-cybersecurity-spend-change-factors/
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