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Pharmaceuticals in Russia
Pharmaceuticals in Russia industry profile provides topline qualitative and quantitative summary information including: market share, market size value 201216, and forecast to 2021. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for topline data and analysis covering the Russia pharmaceuticals market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare. Market values have been calculated at exfactory prices the value at which manufacturers sell the drugs to distributors. Any currency conversions used in the production of this report have been calculated at constant 2016 annual average exchange rates.
The Russian pharmaceuticals market had total revenues of $16.7bn in 2016, representing a compound annual growth rate CAGR of 19.9% between 2012 and 2016.
Compulsory licensing, if implemented, could deter development because patents taken outside of Russia would have reduced value as the government could harm the revenues of foreign companies. In 2016, however, reports surfaced that enthusiasm had dropped within the Kremlin for the policy.
The Russian market is largely controlled by the commercial segment, rather than government purchasing. In contrast, the majority of EU countries compensate 6580 percent of patients' expenses incurred on purchasing most prescribed medicines.
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Reasons to buy
What was the size of the Russia pharmaceuticals market by value in 2016?
What will be the size of the Russia pharmaceuticals market in 2021?
What factors are affecting the strength of competition in the Russia pharmaceuticals market?
How has the market performed over the last five years?
Who are the top competitiors in Russia's pharmaceuticals market?
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