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Statista aims at delivering market analytics that build bridges between different sources, methodologies, and data periods. The Health Market Outlook provides consistent data for key markets of the life science and healthcare industry.
Our international team of experienced analysts and researchers taps hundreds of sources – from company’s financial statements to governmental statistics, public databases, scientific articles, NGO reports, own surveys, and more. The biggest challenge in this context are different data points which may not be consistent, comparable, or recent. Therefore, Statista seeks to deliver market analyses that build on numerous sources.
All data is reviewed, standardized, and factored into market models or used as a reference for external validation. Mathematical models are used to transform and standardize information and supplement data with additional insights. We carry out statistical data analyses by country and examine factors such as the healthcare system, population statistics, and local consumption.
In this way, we provide complete and detailed data for the markets with a comparable and consistent description from the global scale to the country scale. We continuously update and extend our market insights and consider customer feedback.
We combine the benefits of extensive data research and trend analyses:
We provide independent and consistent market sizes and forecasts using
Our forecasts are based on five types of relevant industry data:
Continuous market monitoring allows us to detect and consider relevant changes along the value chain of health markets.
Our models incorporate
Updates for each market are carried out annually. In some cases, the data for individual markets is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have had an impact on the projected development).
A time stamp at the bottom of each diagram shows the latest available update. Update cycles vary from market to market in terms of data availability.
All markets are defined at the beginning of each content page. You can read a short introduction about which products, services, and categories are included in our market scope and which ones are out of scope. Examples of key players are also given.
Furthermore, we provide a brief explanation and market definition, which can be accessed at the top of each content page. If you still have questions, please get in touch with us.
Our market estimates are based on comprehensive secondary research, key player analyses, mathematical modeling, and market expert knowledge. Analyzing the market structure and how monetary value is generated is the key to anticipating new trends and deriving realistic estimates.
The amount and diversity of data gathered by Statista make it possible for us to provide a holistic view of the market. This includes assessing relevant infrastructures, consumer behavior, and social trends or economic developments. These data points include statistical macro data on a country level, insights from our own market research surveys, continuous monitoring of the competitor landscape, as well as third-party studies and analyses.