For life sciences organizations, travel is more than just logistics ‒ it’s an essential function that supports critical needs, from clinical trials to HCP engagement. But how should stakeholders structure their travel programs, and what strategies produce the best results?
Our Life Sciences Benchmark Survey Summary may help uncover answers. With insights from 32 of BCD’s top life sciences clients, the summary charts key trends and opportunities in travel.
A glimpse at the findings
- Global consolidation gains momentum: 72% of respondents have consolidated their travel program under a single travel management company (TMC).
- Policy and compliance priorities: Sustainability is a top industry buzzword and concern, but only a quarter of respondents (26%) factor environmental impact into policy decisions.
- The role of technology: Virtual collaboration tools are on the rise, with nearly 50% adoption of virtual collaboration technologies across operations ‒ from research and global clinical trials to training and optimization.
- A growing focus on HCP and patient travel: 78% of life sciences companies manage HCP travel within their service scope; accessibility and an improved patient experience remain top concerns.
- What’s next for life sciences travel in 2025? The highest priorities for the coming year are innovation, cost reduction, and program optimization. New Distribution Capability (NDC) is gaining attention, with 16% of programs already testing it.
Why read this report?
Insights into best practices, budget allocation, and emerging industry trends
This benchmarking report offers valuable industry-wide perspective, allowing you to compare your travel programs against peers. By analyzing trends in cost management, supplier strategies, traveler satisfaction, and compliance, you may spot opportunities to improve the tailored support HCPs and patients require.
Curious about how your travel program compares? Get the report below, then contact your Program Manager for help refining or building a more effective, compliant and sustainable travel program.
Not a BCD client? Contact us.
The Life Sciences Center of Excellence
BCD Travel is the leading life sciences travel management and meetings company. We service over 300 organizations in this sector across travel, meetings and consulting, including 90% of the top 20 pharmas in the world. Learn more about our seamless travel and meetings solutions tailored to employees, healthcare professionals and patients in the life sciences industry.
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