Industry Reports
Veeva Pulse Field Trends Report Q4 2023
3 Ways Biopharmas Are Using Field Insights to Better Engage HCPs
Healthcare professionals (HCPs) put a premium on interactions with field teams who get them what they need, quickly and reliably. But, only 27% of HCPs say that biopharmas communicate with them in a relevant and personalized way, according to data from the Digital Health Coalition.
The Veeva Pulse Field Trends Report is addressing this disconnect by revealing untapped insights into HCP engagement based on an analysis of 600 million HCP interactions across more than 80% of biopharmas worldwide. Now, biopharma field teams are turning these insights1 into action:
- Kyowa Kirin is closing the gap between content creation and field use, as new patient starts are 2.5 times more likely when reps share digital content in meetings with HCPs
- Lundbeck is using real-time intelligence to target KOLs, as treatment adoption improves by 1.5 times when field medical provides early disease-state education
- Boehringer Ingelheim is strengthening the rep-HCP relationship with compliant chat, which more than doubles digital engagement, keeping in-person the same or better
Empowering field teams with the right content, the right engagement opportunities, and the right channels builds strong customer relationships that create lasting value for HCPs and patients.
Read Veeva Business Consulting’s in-depth analysis to learn how these industry leaders are combining data and technology to engage HCPs more effectively.
Thank you,
Dan Rizzo
Global Head of Veeva Business Consulting
1 Bolded insights are from Veeva Pulse data and not specific to mentioned biopharmas.
1. Maximize digital content adoption with your field team
When sales reps use digital content during HCP calls, it drives 2.5 times more new patient starts than meetings that don’t use content, according to Veeva Pulse data. But, field teams don’t share digital content in six out of 10 meetings. And, even though companies created 20% more content last year, field teams used less than a quarter of it.
Jay McMeekan, senior director of the commercial digital center of excellence at Kyowa Kirin, a Japan-based specialty pharmaceutical company, believes that field input into the process can bridge the gap between content creation and content use.
Bring the field team in early to help you figure out what works and what doesn’t. Not only is it efficient, your content is more effective. They aren’t using the content because they were told to, but because they helped create it.”
–Jay McMeekan
Senior Director of the Commercial Digital Center of
Excellence, Kyowa Kirin
2. Improve treatment adoption with early KOL engagement
Early disease state education by field medical with key opinion leaders (KOLs) is associated with 1.5 times greater treatment adoption across that healthcare organization over the first six months post-launch, a Veeva data analysis shows. But, because of outdated KOL selection and prioritization methods, 70% of KOLs engage with only one biopharma field medical team, limiting scientific engagement and the ability to accurately measure field medical impact.
data-driven approach
to KOL engagement
Christine Castro, director, medical affairs excellence at Lundbeck, sees the value in a standard, data-driven approach to identifying, prioritizing, and engaging KOLs. Lundbeck is combining real-time customer intelligence and CRM data to create a new engagement strategy.
The right data is foundational to our engagement strategy. As we prepared for the launch of new treatments, this data-driven approach helped us build the right relationships and focus our resources where they will have the greatest scientific impact.”
–Christine Castro
Director, Medical Affairs Excellence, Lundbeck
3. Empower reps to engage HCPs in their moment of need
While nothing can replace in-person interactions, adding an inbound engagement channel lets HCPs raise their hand in their moment of need. When given a compliant chat channel, HCPs will initiate conversations 30% of the time, and reps can respond with value and speed.
delivers a better
rep-HCP experience
Boehringer Ingelheim is putting this service-focused model into practice, which more than doubles digital touchpoints while keeping in-person volume the same or better. This approach gives HCPs immediate access to valuable resources without waiting for in-person meetings.
Compliant chat allows reps to respond more quickly to HCPs on a convenient platform, increasing access and deepening relationships.”
–Jill Shoffner-Brown
Commercial Business Director, Boehringer Ingelheim
“I really think contact should be bidirectional – the right channel should enable doctors to connect with reps, and reps to connect with doctors.”
–Karin Fuchs, MD
OB-GYN, Veeva’s HCP Advisory Board
Reach out to Veeva Business Consulting to find out how you can use Veeva Pulse data to create a service-focused engagement model for your business.
Global and Regional Trends
This report highlights global and regional field engagement trends from Veeva Pulse data gathered between October 2022 and December 2023. Veeva Pulse data is sourced from Veeva’s aggregated CRM activity, inclusive of field engagement stats from all instances of Veeva CRM globally. Unless otherwise noted, chart insights compare Q4 2023 to Q4 2022.
Global trends
Figure 1: Channel mix evolution, global
Figure 2: Channel mix, global
Global field team activity Weekly activity per user by engagement channel
Figure 3: Activity by region, global
Figure 4: Activity by user type, global
Figure 5: Activity by company size, global
Global engagement quality Consolidation of key quality metrics
Figure 6: Approved email volume, global
Figure 7: Content usage by channel, global
Figure 8: Veeva CRM Engage meeting duration, global
U.S. market trends
Figure 9: Channel mix evolution, U.S.
Figure 10: Channel mix, U.S.
U.S. field team activity Weekly activity per user by engagement channel
Figure 11: Activity, U.S.
Figure 12: Activity by user type, U.S..
Figure 13: Activity by company size, U.S.
U.S. engagement quality Consolidation of key quality metrics
Figure 14: Approved email volume, U.S.
Figure 15: Content usage by channel, U.S.
Figure 16: Veeva CRM Engage meeting duration, U.S.
Europe market trends
Figure 17: Channel mix evolution, Europe
Figure 18: Channel mix, Europe
Europe field team activity Weekly activity per user by engagement channel
Figure 19: Activity by country, EU5
Figure 20: Activity by user type, Europe
Figure 21: Activity by company size, Europe
Europe engagement quality Consolidation of key quality metrics
Figure 22: Approved email volume, Europe
Figure 23: Content usage by channel, Europe
Figure 24: Veeva CRM Engage meeting duration, Europe
Asia market trends
Figure 25: Channel mix evolution, Asia
Figure 26: Channel mix, Asia
Asia field team activity Weekly activity per user by engagement channel
Figure 27: Activity by country, Asia
Figure 28: Activity by user type, Asia
Figure 29: Activity by company size, Asia
Asia engagement quality Consolidation of key quality metrics
Figure 30: Approved email volume, Asia
Figure 31: Content usage by channel, Asia
Figure 32: Veeva CRM Engage meeting duration, Asia
Latin America market trends
Figure 33: Channel mix evolution, Latin America
Figure 34: Channel mix, Latin America
Latin America field team activity Weekly activity per user by engagement channel
Figure 35: Activity by country, Latin America
Figure 36: Activity by user type, Latin America
Figure 37: Activity by company size, Latin America
Latin America engagement quality Consolidation of key quality metrics
Figure 38: Approved email volume, Latin America
Figure 39: Content usage by channel, Latin America
Figure 40: Veeva CRM Engage meeting duration, Latin America
Appendix: Data dictionary
Metric definitions
- Channel mix evolution over time: Weekly Veeva CRM activity volume broken down by the channel of engagement (in-person, phone, video, email, chat, or text)
- Channel mix: Total Veeva CRM activity volume broken down by engagement channel percentage
- Weekly activities per user: The average weekly number of Veeva CRM activities submitted per number of users active in Veeva CRM
- Approved email volume: Volume of approved emails sent via Veeva CRM
- Email open rate: Percentage of approved emails opened at least once out of all approved emails sent via Veeva CRM
- Email click rate: Percentage of approved emails clicked at least once out of all approved emails sent via Veeva CRM
- In-person % CLM usage: Percentage of in-person engagements that leveraged content in Veeva CRM
- Video % CLM usage: Percentage of video engagements that leveraged content in Veeva CRM
- Veeva CRM Engage meeting % CLM usage: Percentage of Veeva CRM Engage meetings that leveraged content in Veeva CRM
- Veeva CRM Engage meeting duration: The average duration of Veeva CRM Engage meetings in minutes
Engagement channel definitions
- In-person: Submitted calls with a CRM Standard Metrics call channel value of ‘in-person’
- Phone: Submitted calls with a CRM Standard Metrics call channel value of ‘phone’
- Video: Veeva CRM Engage calls and video calls via other platforms that are then recorded as calls in Veeva CRM with a Standard Metrics call channel value of ‘video’
- Email: Approved emails and emails sent via other platforms that are then recorded as calls in Veeva CRM with a Standard Metrics call channel value of ‘email’
- Chat or text: Submitted calls with a CRM Standard Metrics call channel value of ‘chat or text’
User type definitions
- Sales: Users that have been classified with the ‘sales’ value in the CRM Standard Metrics user type field
- Key account manager: Users that have been classified with the ‘key account manager’ value in the CRM Standard Metrics user type field
- Medical: Users that have been classified with the ‘medical’ value in the CRM Standard Metrics user type field
- Top global biopharma: Top 17 global biopharma companies by revenue
- Rest of industry: All other biopharmas
Region definitions
- Global: All markets globally
- Europe: Albania, Andorra, Armenia, Aruba, Austria, Azerbaijan, Belarus, Belgium, Bermuda, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, French Polynesia, Georgia, Germany, Greece, Greenland, Guadeloupe, Guernsey, Hungary, Ireland, Italy, Jersey, Latvia, Lithuania, Luxembourg, Macedonia, Malta, Martinique, Republic of Moldova, Monaco, Montenegro, Netherlands, New Caledonia, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Ukraine, United Kingdom
- Asia: Australia, Bangladesh, Bhutan, Brunei Darussalam, Cambodia, Cocos (Keeling) Islands, Indonesia, Japan, Kazakhstan, Republic of Korea, Kyrgyzstan, Malaysia, Mongolia, Myanmar, Nauru, Nepal, New Zealand, Philippines, Samoa, Singapore, Solomon Islands, Sri Lanka, Taiwan, Tajikistan, Thailand, Turkmenistan, Uzbekistan, Vietnam
- Latin America: Antigua and Barbuda, Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Trinidad and Tobago, Uruguay, Venezuela
Methodology
The Veeva Pulse Field Trends Report is a quarterly industry benchmark for global and regional healthcare professional (HCP) engagement across the life sciences industry. The report is based on proprietary Veeva Pulse data and insights from field engagement activities of more than 80% of all industry representatives worldwide (Asia Pacific, Europe, Latin America, and the United States). Veeva CRM Standard Metrics — now used industrywide — provide the basis for consistent collection and measurement of engagement KPIs including channel mix and productivity across regions, roles, and market segments. The findings are based on:
- Approximately 600 million annual global field activities captured in Veeva CRM and Veeva CRM Engage
- 70 billion prescription (Rx) and medical (Mx) records captured in Veeva Compass Patient, U.S.-specific anonymous patient longitudinal data, including prescriptions, procedures, and diagnoses
- 3+ million profiles containing publications, clinical trials, conferences, associations, guidelines, grants, payments, social media, news mentions, and influence on community practice from Veeva Link Key People across 85+ countries and 24 therapeutic areas
- Global reference data of healthcare professionals, healthcare organizations, and affiliations from Veeva OpenData, containing addresses, emails, specialties, demographics, and compliance data (license information and industry identifiers) available in 100+ countries today and 115+ countries by the end of 2024
The Veeva Pulse Field Trends Report delivers insights that inform the industry and help field teams align their strategy to key market trends for improved commercial success. The global Veeva Business Consulting team also helps customers inform their strategies using industry benchmarking with Veeva Pulse data.