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Pharmaceuticals in Russia

  • September 2016
  • 38 pages
  • MarketLine
Report ID: 188615

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Summary
Pharmaceuticals in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Findings
Save time carrying out entry-level research by identifying the size, growth, and leading players in the pharmaceuticals market in Russia

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pharmaceuticals market in Russia

Leading company profiles reveal details of key pharmaceuticals market players' global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Russia pharmaceuticals market with five year forecasts

Synopsis
Essential resource for top-line data and analysis covering the Russia pharmaceuticals market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons To Buy
What was the size of the Russia pharmaceuticals market by value in 2015?

What will be the size of the Russia pharmaceuticals market in 2020?

What factors are affecting the strength of competition in the Russia pharmaceuticals market?

How has the market performed over the last five years?

Who are the top competitors in Russia's pharmaceuticals market?

Key Highlights
The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare. Market values have been calculated at ex-factory prices (the value at which manufacturers sell the drugs to distributors). Any currency conversions used in the production of this report have been calculated at constant 2015 annual average exchange rates.

The Russian pharmaceuticals market had total revenues of $16.9bn in 2015, representing a compound annual growth rate (CAGR) of 21.6% between 2011 and 2015.

The Russian market is largely controlled by the commercial segment, rather than government purchasing. In contrast, the majority of EU countries compensate 65-80 percent of patients' expenses incurred on purchasing most prescribed medicines, meaning that this section of the market is the driver. Coupled with this, Russia has much fewer active pharmacies than many of its European neighbours with double the number of patients per pharmacy, which indicates the capacity for growth.

The performance of the market is forecast to decelerate, with an anticipated CAGR of 8% for the five-year period 2015 - 2020, which is expected to drive the market to a value of $24.9bn by the end of 2020.

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