Piribo: New publication announcement, The Outlook for Medical Devices: Russia

The Russian market is potentially huge, given its population and potential wealth of natural resources. Health expenditure remains very 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 is largely considered ineffective. The Russian healthcare system retains most of its Soviet-era characteristics, remaining bureaucratic and inefficient. The government is planning to carry out healthcare reforms however, which aims to affect staffing and the quality of care. 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. Almost 80% of the market is supplied by imports. Germany, the USA and France were the leading suppliers in 2004, accounting for over 30% of imports. The value of imports has generally increased over the last five years, although growth in 2004 was modest, at 6.4%. Medical device market outlook reports are ideal for executives wanting to understand the key drivers in the medical market and stay up to date with market developments over the coming year. The reports provide a comprehensive analysis of the market, five-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. When you buy a medical device market outlook report you will receive 3 quarterly updated reports at no additional charge.

Contents
Executive Summary
Medical Device Market
Key National Data Projections
Russia Medical Device Outlook


“The Outlook for Medical Devices: Russia” is available from Piribo. For more information go to: http://www.piribo.com/publications/temp/outlook_medical_devices_russia.html

Piribo Product ID: ESP949

About Piribo.
Piribo is a UK-based independent online store supplying business information on the pharmaceutical and biotechnology industries. The website now carries over 3,800 English language titles including, market reports, studies and books and is the UK’s largest online biopharma information store. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. The company was established in 2004.