2009-11-04 11:32:03 -
Research and Markets ( www.researchandmarkets.com/research/17d3d8/the_medical_device : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ) has announced the addition of the " The Medical Device Market: Russia : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. " report to their offering.
Around 75% of the Russian medical device market is supplied by imports.
This report is ideal for executives wanting to understand the key drivers in the medical market and have access to a wealth of statistical data, including five-year market projections. In addition to the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.
The Russian market is potentially huge, given its population and potential wealth of natural resources. Health expenditure remains low however, and patients are often forced to
rely on out-of-pocket payments for treatment. A system of medical insurance is in place, but it is badly managed and the quality of treatment varies from region to region.
The Russian healthcare system retains most of its Soviet-era characteristics, remaining bureaucratic and inefficient. However, the government's national 'health' project aims to improve healthcare standards. Since the project's implementation, numerous medical facilities have been upgraded and a substantial number of medical personnel have been awarded salary increases.
In 2009, the Russian market for medical equipment and supplies was estimated at US$3,323 million. Per capita spending is very low at US$23 per capita. It is expected that the device market will continue to expand at a rate of 5.4% per annum, reaching US$4,319 million by 2014, or US$31 per capita.
Russian medical device manufacturers are generally small and undercapitalised, and tend to produce obsolete products; they can only compete with Western products in terms of cost. The country has a strong scientific research base but has no experience of commercialising new products.
Around 75% of the market is supplied by imports. Germany, the USA and Japan were the leading suppliers in 2007, accounting for over 57% of imports. The value of imports
This in-depth medical device market report is ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy.
The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.
Key Topics Covered:
- Executive Summary
- Introduction
- Medical Market Analysis
- Exports
- Accessing The Market
- Healthcare Analysis
- Directory
- Methodology & Sources
For more information visit
www.researchandmarkets.com/research/17d3d8/the_medical_device :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..
Source: Espicom Business Intelligence Ltd
Research and MarketsLaura Wood, Senior Manager,
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