Nova One Advisor
Healthcare digital marketing outsourcing Market Size Report, 2023-2032

Healthcare Digital Marketing Outsourcing Market Size, Share & Trends Analysis Report By Service Type (SEO, Social Media Marketing, Pay-Per-Click Advertising, Content Marketing), By Type Of Business- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2023-2032

Status: Published Category: Healthcare Insight Code: 7837 Format: PDF / PPT / Excel

Content

The global healthcare digital marketing outsourcing market size was exhibited at USD 9.35 billion in 2022 and is projected to hit around USD 22.73 billion by 2032, growing at a CAGR of 9.29% during the forecast period 2023 to 2032.

Healthcare Digital Marketing Outsourcing Market Size

Key Pointers:

  • On the basis of service type, the market is segmented into six types - SEO, Social media marketing, Pay-Per-Click (PPC) advertising, Content Marketing, Reputation management, and Other’s (Marketing Analytics, etc.).
  • Pay-Per-Click (PPC) advertising category contributed to the greatest revenue share over 25.4% of the market in 2022. Through PPC, companies could promote their offerings and pay to have its website appear at the top of search engine results.
  • On the basis of the type of business insights, the market is segmented into three types - healthcare companies, providers, and others (diagnostic lab, payer, etc.).
  • In 2022, the healthcare companies’ category contributed to the greatest revenue share over 55.2% of the market, owing to the transition from traditional marketing platforms to digital marketing platforms.
  • North America dominated the market and accounted for the largest revenue share of over 40.9% in 2022. This growth can be attributed to the presence of a large number of digital marketing firms operating in the region, along with the increasing focus of healthcare providers on reaching out to the target audiences through digital marketing, which are a few of the notable factors driving the market growth in the region.
  • The Healthcare Digital Marketing Outsourcing Market is highly competitive, with multiple companies implementing strategic initiatives. For instance, in January 2022, Docstokes, a provider of healthcare digital marketing solutions, seeks to further expand its services across the country. Docstokes aims to bridge the gap between healthcare professionals' marketing needs and IT experts' solutions by providing integrated marketing solutions, digital branding, and strategy consultancy, thereby aiding the healthcare industry in its digital transformation journey. The company is determined to reach more healthcare professionals in need in the near future.

Healthcare Digital Marketing Outsourcing Market Report Scope

Report Coverage

Details

Market Size in 2023

USD 10.22 Billion

Market Size by 2032

USD 22.73 Billion

Growth Rate from 2023 to 2032

CAGR of 9.29%

Base year

2022

Forecast period

2023 to 2032

Segments covered

Service type, Type of business

Regional scope

North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa

Key companies profiled

Cardinal Digital Marketing.; Meditwitt, Thrive Internet Marketing Agency; Hootsuite Inc; Medibrandox; ClickDealer; Refersion Inc.; Practis, LLC; Semgeeks Digital Agency; SEOteric; The Brains; PatientPop, Inc; WebToMed, L.L.C.; CMI Media Group; The SEO Work

 

Businesses have increased their spending on digital marketing outsourcing for the fact that traditional marketing is becoming obsolete under uncertain conditions like COVID-19, and evolving perception in people about digital marketing that enables the provider to enhance their portfolio. Digital marketing has the potential to significantly improve the marketing and offering stages, if not completely replace traditional marketing. The fact that conventional marketing is often more expensive and time-consuming plays a significant role in the positive acceptance of digital marketing outsourcing. 

For instance, the typical salesperson devotes 10% of their time to administration, 10% to customer service, 10% to customer onboarding, 30% of their time to sales conversations, and 40% of their period to calling potential leads.  In comparison, acquiring high-quality leads from digital marketing channels frees up, on average, up to 40% of the representative's time and associated expenses. This considerable decrease in expenditure will ultimately cause various business types to depend on outsourcing for digital marketing, aiding in the market's expansion during the forecast period.

The emergence of healthcare-focused digital marketing outsourcing agencies has enabled hospitals and healthcare companies to access cost-effective and efficient digital marketing outsourcing services, which is expected to fuel the growth of the market. These agencies assist healthcare companies in developing and executing effective digital marketing campaigns and help them to target their audiences in an efficient manner. Moreover, the increasing utilization of digital health technologies and the increasing penetration of social media channels are creating lucrative opportunities for healthcare organizations and providers to reach potential customers.

The growing use of digital channels such as mobile applications, websites, and social media platforms is expected to support the growth of the healthcare digital marketing outsourcing market. Additionally, the introduction of advanced analytics technologies is expected to boost the demand for healthcare digital marketing outsourcing services. Healthcare organizations are increasingly utilizing advanced analytics to gain insights into customer behavior and trends in order to improve their marketing strategies. This, in turn, is expected to support the growth of the healthcare digital marketing outsourcing market.

The competition in the healthcare digital marketing outsourcing market is expected to continue to intensify in the coming years, as more players enter the market. Companies are focusing on providing innovative and customized services to meet the needs of their customers. Additionally, companies are focusing on building strong partnerships with healthcare companies and other organizations to provide tailored and effective digital marketing outsourcing services. For instance, in October 2022, Hootsuite partnered with the World Health Organization (WHO) to help reduce the spread of misinformation related to global health crises by offering pro bono services, digital tools, and access to courses and certifications. Through these initiatives, Hootsuite facilitates the sharing of accurate, research-based information on social media and other digital platforms.

Some of the prominent players in the Healthcare digital marketing outsourcing Market include:

  • Cardinal Digital Marketing
  • Meditwitt
  • Thrive Internet Marketing Agency
  • Hootsuite Inc
  • Medibrandox
  • ClickDealer
  • Refersion Inc.
  • Practis, LLC
  • Semgeeks Digital Agency
  • SEOteric
  • The Brains
  • PatientPop, Inc
  • WebToMed, L.L.C.
  • CMI Media Group
  • The SEO Works

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Healthcare digital marketing outsourcing market.

By Service Type 

  • SEO
    • Enterprise SEO
    • Ecommerce SEO
    • Local SEO
  • Social Media Marketing
    • LinkedIn Outreach
    • Twitter Marketing
    • Other’s
    • Pay-Per-Click (PPC) Advertising
    • Mobile Advertising
    • Lead Based Marketing
    • Affiliate Marketing
    • Email Marketing
    • Other’s (Search Marketing, Display Marketing, Remarketing)
  • Content Marketing
  • Reputation Management
  • Other’s (Marketing Analytics, etc.)

By Type of Business 

  • Healthcare Companies
    • Fitness & Wellness
    • Pharmaceutical
    • Others (Medical Devices, etc.)
  • Provider’s
  • Others (Diagnostic Lab, Payer, etc.)

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)
  • Insight Code: 7837
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: February 2023
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

FAQ's

The global Healthcare digital marketing outsourcing market size was exhibited at USD 9.35 billion in 2022 and is projected to hit around USD 22.73 billion by 2032

The global Healthcare Digital Marketing Outsourcing Market is expected to grow at a compound annual growth rate of 9.29% from 2023 to 2032

North America dominated the Healthcare Digital Marketing Outsourcing Market with a share of over 40.9% in 2022. This is attributable to the presence of a large number of digital marketing firms operating in the region, along with the increasing focus of healthcare providers on reaching out to the target audiences through digital marketing.

Some key players operating in the Healthcare Digital Marketing Outsourcing Market include Cardinal Digital Marketing.; Meditwitt, Thrive Internet Marketing Agency; Hootsuite Inc; Medibrandox; ClickDealer; Refersion Inc.; Practis, LLC; Semgeeks Digital Agency; SEOteric; The Brains; PatientPop, Inc; WebToMed, L.L.C.; CMI Media Group; The SEO Work.