The Russian pharmaceutical industry has been witnessing strong growth over the last few years and the present trend will continue in future as well. Our new research report "Russian Pharma Sector Forecast to 2013" has also projected that the pharmaceutical industry will grow at a CAGR of around 26% during 2010-2013 on account of rising concerns of inflation with respect to drugs.
Besides high prices of drugs, the Russian pharmaceutical industry will benefit from the dynamic government support and increasing private investments. Several other factors such as growing healthcare spending and obligatory and voluntary insurance schemes have boosted the intake of high-priced drugs in the country. Infectious diseases like HIV/AIDS are on the rise and Russia is transforming into a more conducive environment for clinical trials which will further pave the way for the growth of pharmaceutical industry in the country.
Our research indicates that the Russian pharmaceutical market has immense growth potential and is in the initial stages of development. The country is highly dependent on imported drugs, giving room to private players to set up their own manufacturing capacities. This will boost the commercial drugs segment to occupy the largest market share by 2013.
Although the future prospects of commercial drugs segment seem optimistic and encouraging, there are still several factors that may restraint the growth of pharmaceutical market in Russia. Our research report throws light on these restraints to help clients comprehend the challenges and find out amicable solution before making investment decision.
"Russian Pharma Sector Forecast to 2013" provides an extensive research, rational analysis and reliable statistics of the Russian pharma sector to present a clear picture of the country's healthcare and pharmaceutical market. It covers leading drugs, segment-wise break up, and information about major therapy areas to give strategic insight into the market. The report has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years. Forecast in this research has been made considering the possible impact of post-recession on the industry.
For more information visit: http://www.rncos.com/Report/IM243.htm |
