Wonder

Research Outline

Prepared for Shelli P. | Delivered April 14, 2020

Healthcare Market Research Industry

Goals

To understand the market size of the healthcare market research industry and how much money is spent on healthcare market research.

Early Findings

Our research on determining the market size or how much money is spent on healthcare market research was unable to find any data or information that is publicly available for this sector. However, our research did reveal insights that could provide a broad estimate.
Healthcare Market Research IndustryThe global revenue of the market research industry overall was more than $47.3 billion dollars in 2018. 
In 2020, the market size in the US based on revenue for the market research industry overall is $22 billion dollars, with  anticipated market size growth of 2.2% this year.
 Healthcare market researchers use healthcare analytics for key areas in their research like sampling, survey data, and tracking studies that is referred to as Smart Health market research within the healthcare market research industry.
Although we were unable to find any data or information that is publicly available about the total market size of the healthcare sector in the market research industry, the global market size based on revenue of Smart Health market research that uses healthcare analytics was approximately $14 billion dollars last year.