ASEAN and Japan Digital Advertising in Pharma and Medical Equipment Market Outlook to 2035

The ASEAN & Japan digital advertising in pharma and medical equipment market is estimated to grow at a highest CAGR of 10.85% and 10.68% respectively over the forecast period, i.e., 2023-2035. The growth of the market can be attributed to growing penetration of mobile phones, followed by surge in social media user. Additionally, growth in pharma and medical equipment company, along with upsurge of users on email is also estimated to boost the growth of the market. The market is estimated to garner a revenue of near to USD 1,500 Million and USD 4,600 Million respectively by the end of 2035, up from a revenue of about USD 500 Million and USD 1,500 respectively in the year 2022.

The ASEAN and Japan digital advertising in pharma and medical equipment market is segmented into numerous segment, which includes segmentation by ad format, platform, end user. By platform, the market is segmented into mobile, desktop, and other platforms. By the end of 2035, the mobile segment is anticipated to garner the largest revenue of around USD 1,200 Million and USD 3,400 Million respectively, up from a revenue of close to USD 400 Million and USD 1,000 Million in the year 2022.

On the basis of region, the ASEAN & Japan digital advertising in pharma and medical equipment market is segmented into Singapore, Indonesia, Thailand, Malaysia, Vietnam, Philippines, Rest of ASEAN. The market in Indonesia, amongst the market in all the other regions, is anticipated to garner the largest revenue of more than USD 900 Million by the end of 2035. Moreover, in the year 2022, the market in the region generated a revenue of over USD 200 Million.

Some of the prominent industry leaders in the ASEAN & Japan digital advertising in pharma and medical equipment market that are included in our report are IQVIA Inc., Dentsu, Medibrandox, Ogilvy Group, Enthof, Meson Digital Marketing Agency, Indus Net TechShu, Indegene, Mysense, and others.