To be sure, ad spending on medical devices isn't likely to become quite as significant as the money poured into pharmaceutical drugs, which more than doubled to $5.3 billion last year from 2000, according to TNS Media Intelligence. The device market is worth about $50 billion in sales right now, estimates Milton Hsu, a medical-devices industry analyst for Bear Stearns, compared with $320 billion for pharmaceuticals. TNS doesn't break out spending by medical-device makers. Most TV ads for medical devices air in the so-called spot market in limited regions of the country, rather than on national networks where airtime is more costly.Click here to read the entire article (subscription required).
Friday, April 13, 2007
DTC medical device ads
Interesting article in the Wall Street Journal on direct-to-the-consumer medical device ads. Will they become as big as the DTC pharma ads? From the article:
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