Try our business solution for free!

Health Market Insights

Our Methodology

Statista aims at delivering market analytics that build bridges between different sources, methodologies, and data periods. The Health Market Insights 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.

Methodology of the Health Market Insights

Health Market Insights: Market forecasts and statistics

Our approach

Our approach

We combine the benefits of extensive data research and trend analyses:

  • Market research & monitoring
  • Data cleaning & standardization
  • Mathematical modeling
  • Trend analyses & forecasting
Market analysis and forecasts

Market analysis and forecasts

We provide independent and consistent market sizes and forecasts using

  • Data-focused analyses
  • Multi-causal models based on the latest findings from economic and innovation research
Our data sources

Our data sources

Our forecasts are based on five types of relevant industry data:

  • Company reports and financial statements
  • Health organization and trade association data
  • Systematic press review and continuous industry monitoring
  • Macroeconomic indicators
  • Expert opinions
Comparability and performance indicators

Comparability and performance indicators

Continuous market monitoring allows us to detect and consider relevant changes along the value chain of health markets.

  • Supply side
  • Product innovation
  • Business model innovation
  • Demand side
Up to date

Up to date

Our models incorporate

  • Latest available data for the historical development
  • Valid forecasts of the socioeconomic environment (e.g., health care spend, human development index, GDP)



  • Who can access the Health Market Insights?
    Access to all data from the Health Market Insights is included in Statista Professional & Enterprise Accounts with ongoing contracts. Get more information.
  • Can I download the data?
    The download will be made available shortly. You will be able to download the data for separate countries as an Excel or PDF file. Single graphs are already available for download as PNG files. Download buttons can be found on the top right of the page and in the different box diagrams on the right.
  • When is the data updated?

    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.

  • Will there be more markets in the future?
    Yes, new markets will be added throughout the year according to the release calendar, which can be accessed here:

Data & methodology

  • How are the markets defined?

    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.

  • How are the market values calculated?

    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.

Technical questions & support

  • Which currency rates are used for the forecasts?
    We use the average exchange rate of each year to convert from one currency to another. The exact rates used can be checked in the "Key Market Indicators" box below each market. The source of the historical data is Statista, based on the IMF and other sources.
  • Can you directly compare the market data from different countries?
    A country comparison is given in the “Global Comparison” box, which ranks the top five countries by revenue. Different years can be selected using the slider at the top of the box. By clicking on the table icon on the right, the revenues of all countries can be directly compared.
  • Whom do I contact if I have feedback or questions regarding the content of the Health Market Insights?
    For all support requests regarding our content, please get in touch with our customer support. The request will be forwarded immediately to the market analyst responsible, who will provide feedback accordingly.
  • Whom do I notify about technical errors?
    Please make sure that you are logged in with a Statista Professional or Enterprise Account to have full access to Health Market Insights features. For all technical support requests, please get in touch with our customer support. The request will be forwarded immediately to our IT department, which will resolve the issue as soon as possible.


Get in touch with us. We are happy to help.
Statista Locations
Contact Vayola Jocelyn
Vayola Jocelyn
Client Support Specialist– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Associate Director - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)