Adapting Commercial Models for Success in the Life Sciences Industry


State of the Market Report

25 Oct 2023
Analysts:
Abhishek AK
Ankur Verma
Lloyd Fernandes
Arundhati Goel

The life sciences sales and marketing industry is undergoing a profound transformation, driven by factors such as technology advances, changing regulatory landscape, and evolving patient expectations. As pharmaceutical and MedTech companies embrace innovation and patient centricity, outsourcing becomes a strategic imperative, enabling them to remain competitive, compliant, and responsive to the evolving needs of patients, payers, and healthcare systems.

In this report, we examine key trends such as Healthcare Practitioner (HCP) engagement, patient centricity, evolving market access strategies, and efficient hybrid sales models. Furthermore, we analyze outsourcing implications, empowering providers to align with evolving market dynamics. This report will serve as a guide for stakeholders, both enterprises and providers, in navigating the complexities of an industry in constant flux. It equips them with essential insights to adapt, grow, and thrive in a rapidly evolving healthcare ecosystem.

Scope

  • Industry: life sciences
  • Geography: global

Contents

In this report, we examine:

  • Key trends impacting the life sciences sales and marketing operations market
  • Outsourcing dynamics and deal trends in the life sciences sales and marketing operations market
  • Provider landscape in the life sciences sales and marketing operations market

Membership(s)

Life Sciences Business Process

Sourcing and Vendor Management