Marketing budgets of U.S. health care companies 2018-2019

Out of the three types of healthcare companies in the United States including pharmaceutical manufacturers and medical devices firms, Biotech companies had the highest marketing budgets. Nevertheless, all three increased their spending between 2018 and 2019. On average marketing budgets of healthcare companies in the country grew by almost two million U.S. dollars in the measured period. In general, the healthcare sector tends to focus more on advertising in traditional media rather than digital ones, at least on a local level.

Marketing and advertising of the pharma industry

Among companies in the pharmaceutical sector, Pfizer invested the most in direct-to-consumer advertising in 2018. Pfizer’s U.S. ad spend amounted to 1.2 billion U.S. dollars, and Eli Lilly ranked third with a spend of 467 million. In total, the pharma industry spent 6.5 billion U.S. dollars on DTC advertising in the United States in 2018. When it comes to print advertising, GlaxoSmithKline was the highest spender in 2018, followed by AstraZeneca and then by Pfizer, who spent close to 18 million U.S dollars on promotion in health journals. TV ad spending of pharma companies amounts to roughly 3.7 billion U.S. dollars, led by AbbVie and its ads for Humira.

Mean marketing budgets of health care companies in the United States in 2018 and 2019, by type

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Source

Release date

March 2020

Region

United States

Survey time period

2018 and 2019

Number of respondents

*

Special properties

mean average

Method of interview

Online survey

Supplementary notes

*2018 n=233; 2019 n=195

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Statistics on "U.S. pharmaceutical industry"

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