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Russian Wound Care Market

  • April 2014
  • -
  • Frost & Sullivan
  • -
  • 57 pages

Summary

Table of Contents

The Russian wound care market is in growth stage. Regulatory changes, growing economy, increasing awareness and medical tourism are likely to support penetration. This research service provides details about funding pattern, disease prevalence, procurement proccess, distribution structure, market share analysis, pricing analysis, revenue forecasts in Russia. The market is driven by traditional wound care primarily in the hospital care sector. Price centric market has been an obstacle to the penetration of advanced wound care products. The study also highlights the domination of the domestic participants. The list of key distributors by regions is a value-add for clients.


Key Findings


The penetration of advanced wound care products in Russia is low. The volume of traditional
dressings consumed is grossly lower than the actual demand for them.

A transition from government-funded procedures to out-of-pocket expenditure is expected to be
witnessed in the next x years.

Industrialisation in the country, supported by the likely regulation of localisation of medical device
manufacturing, is expected to change the market dynamics during the next x years.

Federal and regional funding account for x to x% of the market, while there has been a steady
increase in the out-of-pocket expenditure market.

Paul Hartman, 3M, and Lohmann & Raushcer are the market leaders, while other market participants
have created niches for themselves in fewer regions.

The new regulation to have a single insurance system is likely to drive an increased volume of
procedures being conducted in every region.

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