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A Harvard study found that almost half of Americans are expected to be obese by 2030, accounting for up to 18 percent of healthcare spending on related conditions, ranging from heart disease and stroke to osteoarthritis. . Novo Nordisk more than doubled its sales targets for obesity drugs to $3.7bn by 2025. Then there is the price.
Furthermore, the organization predicts it will outpace the GDP by 2030. This is great news for those in medtech sales! And your reps need to adopt an omnichannel process that uses all of the medical device sales channels at their disposal. Each threatens to derail your medical device sales process in some way.
Medical sales can be a lucrative job , but it depends on a number of factors , including the specific products or services being sold, the company or industry sector, and the individual's sales performance. Additionally, the medical sales industry is expected to grow in the coming years.
Medical video creation can increase sales, improve brand awareness, and draw possible patients. billion by 2030, at a CAGR of 33.5% from 2023 to 2030. Testimonial and case study videos Case study and testimonial videos highlight actual success stories from patients, doctors, or hospitals. billion in 2022 to USD 539.75
For pharma sales reps, this shift changes the conversation. As someone in pharma sales, I see the impact this has on our market. million by 2030, exhibiting a compound annual growth rate (CAGR) of 4.08% during the forecast period from 2023 to 2030 [ source ]. In 2022, it was valued at approximately $898.7
“It is very likely more people will come to see their doctor now – and we, as doctors, need to be ready. billion in sales of the drug in the top eight pharma markets (US, France, Germany, Italy, Spain, UK, Japan, and China) by 2030. .”
billion in 2030 ). A buyer persona is a semi-fictional representation of your ideal customer based on sales data and industry research. Doctors, healthcare executives, and scientists are smart, but they're also incredibly busy. Over the next seven years, the medical device market will nearly double in size (from USD 495.46
The QR code payment market is projected to rise to $35 billion by 2030. QR codes were initially reserved for marketing and sales-related functions, but recently they have made quite some headway in the medical field. Over time they have come to represent a significant number of transactions, however.
The QR code payment market is projected to rise to $35 billion by 2030. Initially, QR codes were initially reserved for marketing and sales-related functions. With nothing to distract them but posters, visitors often feel troubled regardless of the kind of service provided by their doctor.
This in itself is not problematic: studies of impact and perception of virtual versus face-to-face engagement show doctors use them for different purposes (for example, information-focused versus relationship-focused interactions), but both have value and impact.
Remember, the youngest Baby Boomers won’t reach 65 until 2030. Stop assuming all Baby Boomers are retired. A significant number of younger Baby Boomers continue to work full-time. Others work to support their families—whether by choice or necessity. They crave long-form content to help justify their purchase decision.
Bayer has promised gender parity at all management levels by 2030, so white women are in the pole position. Or the doctors. It is nonsensical to have a pharma requirement for sales and marketing roles, particularly when historically the industry has not hired us. For valid reasons. You need us to do that.
Prioritize Education Over Sales Older adults and seniors prefer unbiased education over high-pressure sales tactics to make informed decisions. In fact, some expectations will be 60% penetration by 2030, which is just five years away. direct mail, TV, digital, and email) to reach older, tech-savvy generations.
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