The research and analysis conducted in Asia-Pacific Healthcare Advertising Market Report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Asia-Pacific Healthcare Advertising industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Asia-Pacific Healthcare Advertising Market report is provided that covers many work areas.
The healthcare advertising market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.5% in the forecast period of 2020 to 2027 and expected to reach USD 10,383.17 million by 2027. Increasing investments by healthcare industry on advertising, is aiding growth of this market.
Mobile advertising in the healthcare industry is contributing toward the growth in Asia-Pacific healthcare advertising market. The factors such as increasing penetration of smartphones and growing usage of social media have encouraged healthcare companies to target customers through mobile advertising, in the region.
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The growth of ad blocker solutions adoption by the users and mobile manufacturers is acting as a restrain for the healthcare advertising market. The increasing requirement of new drugs requires proper advertising to reach the customers. The advertising will increase the awareness among the people which is creating huge opportunity for the healthcare advertising market. The increasing cost of TV ads is acting as a major challenge for the healthcare advertising market.
This healthcare advertising market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the healthcare advertising market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Healthcare Advertising Market Scope and Market Size
The healthcare advertising market is segmented on the basis of type, form of engagement, technology, approach, format and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the healthcare advertising market is segmented into traditional, online, public relations, unique branding and awareness, internal marketing, employer marketing, physician referrals and others. In 2020, online segment is projected to witness the fastest growth due to strong dominance of newspaper, TV, magazine advertising and is also an effective way to reach a mass audience.
- On the basis of form of engagement, the healthcare advertising market is segmented into healthcare facility, digital, in home/in person and others. In 2020, healthcare facility segment dominates the market due to cost effectiveness as compared to traditional advertising, and changing healthcare strategies to communication directly with customers.
- On the basis of technology, the healthcare advertising market is segmented into telemedicine, artificial intelligence, personal data tracking and others. In 2020, telemedicine segment accounts for the largest market share in technology segment owing to rapid demand for providing healthcare services remotely through exchange of valid information.
- On the basis of approach, the healthcare advertising market is segmented into detailing (health professionals) and direct-to-consumer advertising. In 2020, detailing (health professionals) segment augments the healthcare advertising market with maximum share owing to increasing need to make consumers informed about certain diseases and providing better treatment through medication.
- Based on format, the healthcare advertising market is segmented into display, search and video. In 2020, display segment held the largest share in the healthcare advertising market due to the positive impact being created among consumers through banner ads, which further comprise of audio, video, and images and promote a healthcare practice.
- On the basis of application, the healthcare advertising market is segmented into pharmaceuticals (small molecule drugs) advertising, biopharmaceuticals, vaccines, over-the-counter drugs, prescription medicines, medical devices and equipment, biotech companies, medical insurance, fitness & diet products & service, hygiene products, corrective lenses & glasses and others. In 2020, fitness and diet products & service segment dominates the application segment attributed to changing perception of fitness among individuals and reduce the consumption of unhealthy foods.
Healthcare Advertising Market Country Level Analysis
Healthcare advertising market is analysed and market size information is provided by country, type, form of engagement, technology, approach, format and application as referenced above.
The countries covered in Asia-Pacific healthcare advertising market report are China, Japan, India, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines and Rest of Asia-Pacific.
China is dominating the Asia-Pacific healthcare advertising market owing to high implementation of digital channels for advertising if several healthcare products, increasing advertisement specific to geriatric population, increasing awareness among consumer pertaining to medical insurance, and focus toward advertisements through healthcare professionals.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Increasing Levels of Investment on Advertising to enhance their Brand Productivity
Healthcare advertising market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in healthcare advertising and changes in regulatory scenarios with their support for the healthcare advertising market. The data is available for historic period 2018.
Competitive Landscape and Healthcare Advertising Market Share Analysis
Healthcare advertising market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to healthcare advertising market.
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The major players covered in the report are PUBLICIS GROUPE, Syneos Health, CDM New York, Havas Health & You. (A Subsidiary of Havas Group), FCB Worldwide, Inc. (A Subsidiary of IPG), MCCANN WORLDGROUP (A Subsidiary of IPG), VMLY&R (A Subsidiary of WPP plc), Wunderman Thompson (A Subsidiary of WPP plc), AbelsonTaylor, Inc., TBWA\WorldHealth, Thrive Internet Marketing Agency, RevLocal, HLM Digital, LEVO Healthcare Consulting, LLC, Dobies Health Marketing, Sagefrog Marketing Group, LLC, The Communications Strategy Group Inc., Distill Health, Healthcare Success, LLC and Trajectory among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of healthcare advertising market.
- In September 2020, an Asia-Pacific based digital healthcare provider, Medi Assist Healthcare Services Ltd. launched its first TV campaign ‘Apka Healthy Buddy’. The advertisement is broadcasted on television and other digital platforms. It focuses on the utilization of digital healthcare service, in emergency situations.
- In August 2019, Max Healthcare, announced the launch of a campaign, ‘More to Healthcare. The campaign has been launched in the form of short videos on Twitter, Facebook, Instagram and YouTube. The campaign focuses on providing best healthcare services and faster recovery of the patients.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for healthcare advertising through expanded range of size.
Key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the all inclusive Asia-Pacific Healthcare Advertising report. This report aims to examine the market with respect to general market conditions, market improvement, market scenarios, development, cost and profit of the specified market regions, position and comparative pricing between major players. It is a professional and a detailed report focusing on primary and secondary drivers, market share, market size, sales volume, leading segments and geographical analysis. Global Asia-Pacific Healthcare Advertising market report contains comprehensive and thorough insights which are based on business intelligence.
Major Highlights of Asia-Pacific Healthcare Advertising market in Covid-19 pandemic covered in report:
The report provides impact of COVID-19 on Asia-Pacific Healthcare Advertising market along with its impact on overall industry and economy of world. Further, it adds changes in consumer buying behavior as it impacts majorly on market growth and sales. Distributors and traders on marketing strategy analysis focusing on region wise needs in covid-19 pandemic is also added in the Asia-Pacific Healthcare Advertising market report. The last segment of COVID-19 impact chapter include recovery and major changes opted by major players involved in Asia-Pacific Healthcare Advertising market.
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
PART 12: REGIONAL LANDSCAPE
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
PART 15: MARKET TRENDS
PART 16: COMPETITIVE LANDSCAPE
PART 17: COMPANY PROFILES
PART 18: APPENDIX
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