GlobalData Healthcare Company Profile

Background

GlobalData Healthcare is a division of GlobalData Plc, a UK-based data analytics and consulting firm established in 1999. The Healthcare division specializes in providing comprehensive data, analytics, and insights to the pharmaceutical and medical device sectors. Its mission is to deliver high-quality, accurate, and transparent intelligence that empowers clients to achieve growth and enhance business value. By integrating market forecasts and healthcare analytics, GlobalData Healthcare assists businesses in making strategic decisions that increase the value of their products and services.

Key Strategic Focus

GlobalData Healthcare's strategic focus encompasses several core objectives:

Business Development & Licensing: Facilitating partnerships and licensing opportunities within the healthcare industry.

Market & Competitive Intelligence: Providing in-depth analysis of market trends and competitive landscapes.

Innovation & New Product Development: Supporting the development of innovative healthcare products and services.

Marketing: Offering insights to optimize marketing strategies and campaigns.

Strategic Planning: Assisting in the formulation of long-term strategic plans.

Sales & Channel Management: Enhancing sales performance and channel management through data-driven insights.

The division leverages proprietary databases and advanced analytics to deliver actionable insights, enabling clients to stay at the forefront of the healthcare industry.

Financials and Funding

In December 2023, Inflexion Private Equity Partners acquired a 40% minority stake in GlobalData's Healthcare division, valuing the division at £1.115 billion. This investment provided GlobalData Plc with net cash proceeds of approximately £434 million, intended to fuel growth and facilitate value-creating mergers and acquisitions across the group.

Technological Platform and Innovation

GlobalData Healthcare distinguishes itself through its proprietary Intelligence Center platform, which offers:

Market Data & Insights: Granular market data, forecasts, and insights covering over 500,000 physician and 100,000 healthcare facility profiles.

Thematic Research: Tracking of themes driving the healthcare industry with an integrated thematic platform.

Company Intelligence: Data on over 23,000 companies, including deals, news, and macroeconomic indicators.

Innovation Monitoring: Benchmarking digital tools and innovations used to engage patients, monitoring over 670 innovations.

Alternative Datasets: Access to alternative data sources, including company filings, job listings, patents, and influencers.

These capabilities enable clients to make informed decisions and develop strategic initiatives based on comprehensive and up-to-date information.

Leadership Team

As of November 2024, key executives at GlobalData Healthcare include:

Graham Lilley: Chief Financial Officer.

Tyler Fletcher: Executive Vice President and Global Head of Healthcare Data, Analytics, and Media.

Tina Taylor: Vice President of Disease Intelligence and Epidemiology.

Vivek Gupta: Practice Head.

Ben Slattery: President Enterprise Sales and Executive Vice President.

These leaders bring extensive experience in healthcare data analytics, strategic development, and financial management, contributing to the division's growth and innovation.

Competitor Profile

Market Insights and Dynamics

The healthcare data analytics market is characterized by rapid growth, driven by increasing demand for data-driven decision-making in the pharmaceutical and medical device sectors. Key trends include the integration of artificial intelligence, emphasis on real-world evidence, and the need for comprehensive market intelligence to navigate complex regulatory environments.

Competitor Analysis

GlobalData Healthcare's primary competitors include:

Informa: Provides event and academic research solutions, with a focus on delivering intelligence and networking opportunities across various sectors.

Nielsen: Specializes in audience measurement, data, and analytics solutions for media, offering insights into consumer behavior and market trends.

Ipsos: Offers market research and consulting services, delivering data and insights to help clients make informed business decisions.

GfK: A market intelligence company providing data and analytics services, focusing on consumer and market insights.

Verisk: Provides data analytics solutions, offering predictive analytics and decision-support services to clients in various industries.

These competitors offer a range of data analytics and consulting services, each with unique strengths and market focuses.

Strategic Collaborations and Partnerships

The investment by Inflexion Private Equity Partners in December 2023 represents a significant strategic partnership for GlobalData Healthcare. This collaboration is expected to drive growth and innovation within the division, leveraging Inflexion's expertise and resources to enhance market position and expand capabilities.