Transcript Attendance
Jackie Beaulieu, HCEA Executive Vice President
HCEA 2013
STATE
of the
INDUSTRY
Research Underwriters
Why is this important?
Understanding big picture trends
empowers you
to make better informed decisions.
Total Attendees
Reported in 2012
Flying Physicians Association Association for Play Therapy Blepharospasm Research Foundation
Attendance swings for two large events
Medical meetings represent over 400 specialties
Accreditation Council for Continuing Medical Education (ACCME) AdvaMed Code of Ethics Agence Française de Sécurité Sanitaire des Produits de Santé (AFSSAPS) American Medical Associaiton (AMA) Best Practices on Exhibitor Designated Contractors Canada Food & Drug Act
Approximately
Canadian Pharma Code Code for Interactions with Companies Council of Medical Specialty Societies (CMSS) Department of Healthcare and Human Services, Office of the Inspector General (OIG) EFPIA Codes of Practice EucoMed Code of Ethical Business Practice Food and Drug Administration (FDA) Guidelines for U. S. Healthcare Conventions HCEA Convention Housing Position Statement IFPMA Americas Region IFPMA Asia & Pacific Region IFPMA European Region IFPMA Middle East and Africa Region International Pharmaceutical Congress Advisory Association (IPCAA) International Pharmaceutical Federation (FIP)
…industry codes, guidelines and laws by state and country
Medical Imaging and Technology Alliance (MITA) OIG Guidance PhRMA Code on Interactions with Healthcare Professionals Physcian Payment and Affordable Care Act (PPACA) Physcian Payment Sunshine Act (2009) Prescription Drug Advertising and Promotional Labeling - DRAFT GUIDANCE Product Name Placement, Size, and Prominence in Advertising and Promotional Labeling Regulatory Acts Sponsorship Solicitation Guidelines Statments and Guidelines TSEA/HCEA Standard on Electronic Output Files Washington, DC SafeRx Law
HCEA
State of the Industry
Meeting Trends Economic Trends Future Outlook Industry perspective from multiple viewpoints
Meeting Trends
Top 50, Attendance, Exhibits, Space Cost, International
Attendance Growth in the Top 50, 2011 to 2012 Note: HCEA updates historical data as reported, which is reflected in successive reports. In some instances where professional attendance has not been supplied HCEA applies a standard baseline average ratio to the organizer’s reported total attendance.
Attendance Growth in the Top 50, 2012 vs .2007
Professional attendance is nearly back to pre-recession levels.
Note: HCEA updates historical data as reported, which is reflected in successive reports. In some instances where professional attendance has not been supplied HCEA applies a standard baseline average ratio to the organizer’s reported total attendance.
Attendance Trends in CEIR Index Healthcare Sector vs. Overall Exhibition Industry, Index of Attendees, 2009=100
Attendance Growth in the Top 50 Professional attendance growth for some, not for others.
Attendance Growth by Meeting Category Large Meetings: 4,000+ Total Attendees
International Attendance Growth From meetings with 10,000+ total attendees
1998 2003 2008 2011 2012 23.6% 19.9% 29.0% 25.2% 25.3%
*Percentages from 1998 and 2003 include smaller sample sizes and historical estimates by event organizers.
Exhibit Hall Trends in Exhibits and Net Sq. Ft.
Large Meetings: 4,000+ Total Attendee Note: Exhibit figures have been adjusted from 2006 forward to reflect updated reporting definitions.
10x10 Space Cost Trends from 1997-2012 Space cost maintains increases.
Medical Meeting Location Trends
2011 and the last five years
Medical Meeting Location Trends 2012 Top 20 Destinations
9 11 12 13 13 15 16 17 18 18 18 1 2 3 4 5 6 7 8 9 San Diego Orlando New Orleans Philadelphia San Francisco Anaheim/Los Angeles Boston Chicago Las Vegas Washington Atlanta Denver Phoenix Scottsdale San Antonio Miami/Miami Beach Dallas Baltimore New York Seattle
2010 Top 20 CEIR Destinations
1 2 3 4 5 6 16 17 18 19 20 7 8 8 10 11 12 13 14 15 Las Vegas Orlando Chicago New York Atlanta San Diego Wash. DC Boston Dallas Houston San Francisco San Antonio Denver New Orleans Nashville Austin Phoenix Los Angeles Philadelphia Anaheim
Medical Meeting Timing Trends
When are medical meetings most often held?
Timing Trends for All Meetings
All meetings held from the 2010 CEIR census.
Economic
Trends
Economics, Dow Jones, GDP
Dow Jones Titan Index of Healthcare
Source: Dow Jones
National Healthcare Expenditure (% Change)
Despite multiple recessions, annual national healthcare expenditures from 1960 through 2012 have increased.
CEIR Total Index vs. Quarterly Real GDP
Year-on-Year % Change
Future Outlook
What do your colleagues think?
Healthcare Exhibitor Outlook In 2014, do you anticipate that your company will exhibit: 58 Companies Reporting
Healthcare Exhibitor Outlook In 2014 do you expect that your spending in the following areas will increase, decrease or have no change?
58 Companies Reporting
Medical Show Organizer Outlook
In 2014, do you anticipate that your primary conference attendance will:
28 Associations Reporting
Medical Show Organizer Outlook
In 2014, do you expect that your net square footage will:
28 Associations Reporting
Medical Show Organizer Outlook
In 2014, do you anticipate that the number of your exhibits will:
28 Associations Reporting
Future Outlook
What do you see as the biggest challenges facing healthcare exhibitors in the coming year?
1. Budget constraints/cost management 2. Regulations/Guidelines 3. Traffic in hall / attendee interaction 4. Exhibitors not being creative enough to adapt how they interact on the show floor 5. Show organizers not being creative enough to make the exhibit hall more compelling
Future Outlook
What do you see as the biggest challenges facing healthcare conventions in the coming year?
1. Traffic in hall / attendee interaction 2. Budget and cost implications 3. Regulations/Guidelines 4. Sustainability of the current convention/exhibit model
Industry Issues Success Trends
Exercising
collaboration
between show organizers and exhibitors to make the exhibit hall compelling, cost conscience and valuable.
Exhibitors who are being
proactive in re-inventing
how they weave education and science into their exhibit experience to attract HCPs.
Ongoing
evolution
of turning exhibit halls into ecosystems of clinical and scientific exploration for HCPs.
New era of learning and engagement
The industry continues to
rise to the challenge
of re-inventing the medical meeting and exhibition experience.
Jackie Beaulieu, HCEA Executive Vice President