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Russia Medical Devices Report Q1 2016

  • November 2015
  • -
  • Espicom Business Intelligence
  • -
  • 140 pages

We expect the Russian medical device market to contract by a 2009-2014 CAGR of 3.4% in US dollar terms, due to the continued depreciation of the Russian rouble over the forecast period. The financial sanctions imposed by the West due to Russia's involvement in the Ukraine crisis, together with the weakened currency caused by falling oil prices and high inflation, which is reducing consumer purchasing power, are having a negative impact on economic activity, which will adversely affect the medical device market, as less money is available for healthcare.

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Russia Medical Devices Report Q1 2016

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