This week we welcome new data on the health and medical journal segments from PERQ/HCI. Despite conventional wisdom that healthcare is recession-proof, this sector is working through longer-term challenges. The top general medical journals like the Journal of the American Medical Association (JAMA), which was down 45% January through February of this year compared with the same time span last year (see chart on next page), and the New England Journal of Medicine (off 47.2%), still lead the field but are experiencing the steepest declines.
The healthcare market generally has seen ad page shrinkage since 2006 because of a dearth in new drug releases. High-profile “blockbuster drugs” tend to drive the market, but new drug approvals from the FDA have been limited.
The drugs that are being released to market focus on specialties rather than general practitioners, and so the general books like NEJM and JAMA suffer most.
Among all of the top 20 healthcare markets, for instance, the 15.5% ad page drop in oncology and 13.4% decline in orthopedic surgery specializations for January through February represent relatively shallow falloffs (see chart below). For more b2b media analysis, subscribe to min’s b2b.
—Steve Smith
Top 20 Healthcare Markets Ad Pages in Jan-February 2009/2008/2007
Markets
J-F 2009
%
J-F 2008
%
J-F 2007
Feb 2009
%
Feb 2008
%
Feb 2007
Ad pgs.
Diff
Ad pgs.
Diff
Ad pgs.
Ad pgs.
Diff
Ad pgs.
Diff
Ad pgs.
CARDIOLOGY
527
-41.9
906
32.5
684
307
-32.5
456
32.6
343
DENTAL
1,422
-9.2
1,566
-7.7
1,697
793
-8.0
862
-6.2
919
DERMATOLOGY
540
-51.3
1,109
-8.6
1,213
302
-41.2
513
-9.3
566
GASTROENTEROLOGY
467
-17.6
567
-13.8
657
233
-19.1
288
-16.3
344
HOSPITAL MANAGEMENT
161
-42.9
282
-19.3
349
75
-50.9
153
-26.1
207
INTERNAL MEDICINE
374
-41.7
641
-23.0
832
159
-49.6
316
-24.8
420
LABORATORY
325
-9.3
358
-0.7
360
190
-1.9
194
4.7
185
MANAGED HEALTHCARE
415
-54.3
908
-3.7
943
165
-66.7
495
-10.1
550
MULTISPECIALTY /PRIMARY CARE
1,393
-52.2
2,913
-21.4
3,705
623
-58.9
1,515
-16.7
1,818
NEUROLOGY
395
-31.5
577
-33.4
866
188
-41.3
321
-29.9
457
NURSING
545
-37.5
871
-15.5
1,031
200
-53.2
427
-16.3
511
OBSTETRICS & GYNECOLOGY
242
-55.8
547
-8.0
595
113
-48.6
221
-24.4
292
ONCOLOGY
1,151
-15.5
1,363
-13.7
1,579
541
-28.4
755
-0.6
760
OPHTHALMOLOGY
574
-39.3
945
11.1
850
262
-46.9
493
9.1
452
OPTOMETRY
566
-30.4
813
-9.7
900
271
-41.9
467
-9.0
513
ORTHOPEDIC SURGERY
607
-13.4
700
2.2
685
314
-8.4
342
4.1
329
PA/NP
245
-53.2
524
-10.9
588
113
-64.1
315
-12.8
361
PEDIATRICS
225
-56.6
518
-19.2
642
106
-59.9
264
-19.5
328
PHARMACY
753
-26.3
1,022
-17.5
1,239
337
-37.5
538
-11.8
610
PSYCHIATRY
463
-56.9
1,074
-7.1
1,156
219
-61.2
563
-11.8
637
TOTAL TOP 20
11,387
-37.4
18,203
-11.5
20,572
5,509
-42.0
9,494
-10.5
10,602
GRAND TOTAL (from all markets)
13,726
-40.3
22,979
-10.5
25,687
6,520
-44.9
11,823
-9.8
13,110
Top 20 Medical/Surgical Publications Ad Pages January- February 2009/2008
Title/Publisher
J-F 2009
%
J-F 2008
%
J-F 2007
Feb 2009
%
Feb 2008
%
Feb 2007
Ad pgs.
Diff
Ad pgs.
Diff
Ad pgs.
Ad pgs.
Diff
Ad pgs.
Diff
Ad pgs.
American Family Physician
147
-41.2
249
-14.6
292
80
-43.2
140
-9.4
155
American Medical News/ American Medical Association
82
-56.2
188
-28.3
262
42
-60.2
105
-25.2
141
Annals Of Internal Medicine/ American College of Physicians
71
-14.3
83
-9.5
92
39
-6.7
42
-16.4
50
Blood/American Society of Hematology
171
18.4
144
-26.7
197
88
3.5
85
-5.0
90
Consultant/UBM
83
-30.3
118
-26.4
161
49
-24.0
64
-18.1
78
Dermatology Times/Advanstar
132
-39.8
220
-12.4
251
77
-15.7
91
-22.2
117
Family Practice News/Elsevier
133
-30.5
191
-22.8
248
75
-28.4
104
-15.0
123
Hem/Oncology Today/Slack Inc
128
23.8
103
-29.4
146
68
2.3
66
-1.9
67
Internal Medicine News/Elsevier
139
-28.0
192
-15.9
229
75
-28.4
104
-9.9
116
Jnl. of Bone and Joint Surgery
101
-7.2
109
-3.3
113
61
-1.3
62
0.8
61
Jnl. of Clinical Oncology/ Amer. Society of Clinical Oncology
326
-17.6
396
-13.0
455
172
-18.7
212
-8.8
232
Jnl. of the American College of Cardiology
94
-52.3
197
33.6
148
72
-15.3
85
11.8
76
Jnl. of the American Medical Assoc.
201
-45.0
365
-12.9
419
95
-52.1
197
-8.8
216
Medical Economics/Advanstar
72
-60.2
181
-28.4
253
43
-60.7
108
-8.0
118
MPR Monthly Prescribing Reference
108
-50.7
219
19.0
184
60
-43.4
106
37.7
77
Neurology/ Lippincott
183
-10.9
206
-27.4
283
85
-17.9
104
-26.9
142
New England Jnl. of Medicine/Massachusetts Medical Society
This chart of ad page totals has been calculated by Perq/HCI, using the top 20 Healthcare Markets by highest estimated revenues. Source: PERQ/HCI Jnl. Ad Review(TM) Data, Report: I2 Copyright 2009 PERQ/HCI Corp. All rights reserved. Report and report data may not be reproduced or distributed outside of License company without the written permission of PERQ/HCI Corp. See Market Opportunity Reporter(R) Terms of Use for detailed information.