Report Details and Features
This report provides executives with insights and benchmarks about medical affairs teams’ overall structure and resources, as well as internal and external trends that affect the function. The report’s data were compiled from global, US and country-level teams for Top 10, Top 50, small and device companies. Armed with these data, medical affairs leaders will continue to innovate and prove the strategic value and overall necessity of medical affairs.
- 9 chapters + an Executive Summary
- 476 pages
- 500+ metrics
- 380+ graphics
Data have been split by team region:
Data have also been split by company size:
- Top 10
- Top 50
- Detailed benchmarks exploring how companies staff and budget 15 key subfunctions, including:
- Total department budget
- Percentage of budget allocated to each subfunction
- 2015 to 2016 budget differences
- Budget outsourcing
- Number of FTEs dedicated to the team
- Change in staffing from 2015 to 2016
- Activity start and peak activity levels during the product lifecycle
- Budget per year (2014–16) for the total medical affairs budget
- Data showing budget per supported product and per FTE
- Data showing number range and number of outsourced medical affairs FTEs
- Infographics showing real-world companies’ medical affairs structures
- Commentary from top medical leaders highlighting medical affairs’ most exciting and most concerning trends
- Profiles showing 13 medical affairs teams’ budget and staffing data
Top Reasons to Buy This Medical Affairs Report
Benchmark resources for medical teams — and for 15 vital subfunctions: As the strategic influence of medical affairs grows, ensuring proper resource support is essential. This report showcases structures, budgets & outsourcing and staffing metrics for medical teams — across company type and team scope (global, US and country-level) — as a whole. Six of this study’s nine chapters also delve into these resource benchmarks for individual subfunctions. The breadth and depth of the research make this study a one-stop source for medical affairs resource allocation and trends.
Stay ahead of, and prepare for, the latest medical affairs trends: Today’s life sciences landscape calls for an ever-increasing need for medical and scientific information. Gain insight into how the medical function is evolving to meet new opportunities and challenges. This report pinpoints the most exciting and concerning trends facing these groups today and compiles direct feedback from leading executives on how they are innovating to better serve healthcare stakeholders, patients and the internal organization.
Establish balanced firewalls to encourage medical teams’ involvement in corporate strategy: Medical affairs is essentially the keeper of scientific information. These data color just about everything the company does — from sales rep conversations to marketing to portfolio planning and beyond. Despite the benefits of medical affairs’ involvement, a large factor in the function’s ability to impact company strategies is the severity of internal firewalls and the level of communication medical teams have with other departments. This report discusses how to establish firewalls between commercial and medical teams that enable communication while remaining compliant; how to identify the best structure and communication methods for your medical team; and how to determine which subfunctions your medical affairs team should support.
You may also be interested in CEIConnect: The Lifesciences industry’s premier on-demand business intelligence research library.
Sample list of companies that participated in this study:
Excerpt from Medical Affairs Management
As healthcare stakeholders become more focused on clinical data and scientific
discussions, the strategic importance of medical affairs increases. Science is
progressing too quickly for many busy physicians to keep up, and — with the ease of the Internet — many patients are becoming educated consumers. Medical affairs activities are crucial for satiating these stakeholders’ thirst for knowledge.
Once viewed primarily as a marketing tool, medical affairs is now a crucial function devoted to disseminating scientific information. Internal firewalls have freed medical affairs from commercial’s influence at many companies, giving medical affairs autonomous decision-making power. Many companies are also beginning to recognize the value that medical affairs teams can bring to corporate strategy development.