Business Monitor International


Russia Medical Devices Report

Published 16 January 2015

  • 162 pages
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$1,295.00
Russia Medical Devices Report

BMI Industry View: The Russian medical device market is expected to contract by a CAGR of 2.9 % over the 2013-2018 perio d , due to the weakening of the rouble . Russia was one of the fastest growing markets in the region for ma ny years, but the financial sanctions imposed by the West due to Russia's involvement in the Ukraine crisis as well as falling oil prices are expected to cause a deep recession in 2015, which will adversely affect medical device market growth , as less money is made available for healthcare. Additionally, imports may fall as the severe currency devaluation has made foreign products very expensive. Import restrictions set down by the Ministry of Industry and Trade in July 2014 may also reduce demand.

Headline Industry Forecasts

  • In 2013, the Russian medical device market was estimated at USD6,716.9mn, or USD47 per capita. This market size is comparable to Canada; in per capita terms, the market is similar to Croatia. The 2008-2013 CAGR was estimated at 0.3%, but the market is expected to contract by a CAGR of 2.9% over the 2013-2018 period, to USD5,785.2mn, or USD41 per capita by 2018, due to the weakening rouble.

  • Over 70% of the medical device market is supplied by imports. Russia imported medical devices valued at USD4,848.9mn in 2013; this represented a fall of 21.8% compared with 2012 and a 2008-2013 CAGR of 1.1%. Imports have grown every year since 2003, with the exception of 2009 and 2013. In the 12 months to September 2014, Russian medical device imports decreased by 26.1%, to USD4,525.5mn.

  • Russia is not a major exporter of medical equipment, but the total has risen consistently since 2001, falling only in 2009-2010. Exports reached a new high of USD147.0mn in 2013, a rise of 8.7% over the previous year and a 2008-2013 CAGR of 3.3%. The trade deficit decreased from -USD6,067.5mn in 2012 to -USD4,701.6mn in 2013, due to a large fall in imports. In the 12 months to September 2014, Russian medical device imports...

Table of Contents

Espicom Industry View
7
SWOT
10
Medical Device Market
10
Political
12
Economic
13
Business Environment
14
Industry Forecast
15
Medical Device Market Forecast
15
2008-2013 Performance
15
2013-2018 Performance
16
Table: Projected Medical Device Market, 2013-2018
17
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
18
Consumables Market Forecast
22
Bandages & Dressings
22
Suturing Materials
22
Syringes, Needles & Catheters
22
Other Consumables
23
Table: Consumables Market, 2008-2018 (US$mn)
23
Table: Consumables Market, 2009-2018 (US$mn % Change)
24
Diagnostic Imaging Market Forecast
25
Electrodiagnostic Apparatus
27
Radiation Apparatus
27
Imaging Parts & Accessories
27
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
27
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)
28
Dental Products Market Forecast
30
Capital Equipment
30
Instruments & Supplies
31
Table: Dental Products Market, 2008-2018 (US$mn)
31
Table: Dental Products Market, 2009-2018 (US$mn % Change)
32
Orthopaedics & Prosthetics Market Forecast
33
Fixation Devices
34
Artificial Joints
34
Other Artificial Body Parts
34
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
34
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$% Change)
35
Patient Aids Market Forecast
36
Portable Aids
36
Therapeutic Appliances
36
Table: Patient Aids Market, 2008-2018 (US$mn)
37
Table: Patient Aids Market, 2009-2018 (US$mn % Change)
37
Other Medical Devices Market Forecast
38
Table: Other Medical Devices Market, 2008-2018 (US$mn)
39
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)
40
Annual Medical Device Imports
42
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s)
44
Table: Medical Device Imports By Product Area, 2009-2019 (US$000s % Change)
45
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
46
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s % Change)
47
Table: Top 20 Medical Device Suppliers, 2013 (US$000s)
50
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (US$000s)
51
Table: Detailed Medical Device Import Trends By Product Area, 2013
54
Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (US$000s)
57
Monthly Medical Device Imports
61
Table: Monthly Medical Device Imports By Product Area, December 2010-December 2013 (US$mn)
61
Annual Medical Device Exports
63
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s)
66
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s % Change)
67
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
68
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s % Change)
69
Table: Top 20 Medical Device Destinations, 2013 (US$000s)
70
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (US$000s)
71
Table: Detailed Medical Device Export Trends By Product Area, 2013
74
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (US$000s)
78
Table: Detailed Medical Device Balance Of Trade, 2009-2013 (US$000s)
81
Monthly Medical Device Exports
84
Table: Monthly Medical Device Exports By Product Area, January 2011-December 2013 (US$mn)
84
Macroeconomic Forecasts
86
Ukraine Crisis Darkening Russia's Growth Outlook
86
Industry Risk Reward Ratings
91
Table: CEE Medical Device Risk/Reward Ratings, Q314
92
Market Overview
93
Medical Device Market Overview
93
Table: Medical Device Market, Key Ratios, 2013
94
Table: Medical Device Market By Product Area, 2013
94
Healthcare Overview
96
Health Status
96
Healthcare System
97
Healthcare Funding
110
Healthcare Resources
112
Healthcare Activity
113
Healthcare Personnel
113
Key Healthcare Data
115
Table: Key Healthcare Data, 2008-2013
115
Industry Trends And Developments
118
Regulatory Development
123
Medical Device Regulations
123
Competitive Landscape
127
Domestic Medical Device Production
127
Domestic Medical Device Manufacturing
129
National Medical Device Manufacturers
130
Multinational Market Activity
136
Table: Multinational Market Activity, 2014
136
Medical Device Market Access
138
Market Environment
138
Distribution
138
Trade Association
138
Trade Fair
139
Methodology
140
Medical Device Market Methodology
140
Trade Code Classifications
141
Table: Used HS Trade Codes, 2014
141
Table: Rearranged HS Trade Codes, 2014
143
Risk/Reward Ratings Methodology
146
Table: Medical Devices Risk/Reward Ratings Indicators, 2014
147
Sources
148
Contact
149

The Russia Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a Business Monitor International (BMI) company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in Russia provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Russia Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Russia, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Russia.
  • Target Business Opportunities in the Russia Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Russia.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View

Provides industry, political and economic views. Briefly analyses the medical devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT

SWOT analyses of the medical devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts

Evaluates and analyses the medical devices market in terms of historical and forecast trends, covering six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Additionally, presents annual and monthly import and export trade data.

Macroeconomic Forecasts

Presents macroeconomic forecasts impacting the medical devices market.

Industry Risk Reward Index

Risk Reward Indices tool, which provides a globally comparative and numerically based assessment of the medical devices market’s attractiveness.

Market Overview

Assesses the medical devices market in the current year. Additionally, covers healthcare trends shaping the market, focusing on health status, healthcare system, healthcare funding, healthcare resources, healthcare activity and healthcare personnel. Includes historical healthcare data.

Industry Trends & Developments

Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory developments

A focus on government healthcare reforms, epidemiological trends, mergers and acquisitions, product launches, market entries, FDI activity, R&D, biotechnology, clinical trials and supply chain issues.

Competitive Landscape

Values historical medical devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

Methodology

Carefully explains the medical devices market methodology, trade classifications, Risk Reward Index methodology and sources used in the medical devices market Report.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc