Dependence on linear TV is declining amid a government crackdown on D2C drug ads
Marketers will continue to grow spending across digital channels
Advertising growth is fueled by CTV ads
Digital video ad spending will continue growing by double digits
Search is a stalwart marketing channel, but growth is slowing
Social network ad spending is having another blockbuster year
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Healthcare and pharma ad spending is shifting from traditional to digital channels, away from linear TV—where, historically, the industry has invested a significant share of ad dollars. Digital channels like connected TV (CTV) and social are surging as brands swap reach for targeted, data-driven channels that still scale.
Key Question: What factors are affecting the current and future state of US healthcare and pharma ad spending?
Key Stat: Healthcare and pharma digital ad spending will increase to $24.77 billion this year, up 13.3% YoY, while traditional ad spending will continue to drop.
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