Russia Medical Consumables Market
Driven by increasing healthcare expenditure & increasing production of medical consumables across Russia
January 2024
80
About the Report
About the Report
Market Overview:
The medical consumables market in Russia showcased a notable trajectory of growth which is related to several key factors shaping the healthcare landscape in the country. This industry consists of crucial supplies like disposable gloves, syringes, wound care products, surgical instruments, and diagnostic materials. It has been influenced by a combination of demographic shifts, increased healthcare awareness, and governmental efforts to fortify healthcare infrastructure.
The medical consumables market in Russia has been witnessing a consistent expansion, propelled by rising demand for healthcare. Factors like population demographics, prevalent diseases, and healthcare expenditure collectively contributed to determining the market size and growth dynamics. The Russian government strategically invested in various healthcare infrastructure and initiatives which focus on elevating the overall healthcare system. Some of their noteworthy efforts include the enhancement of medical facilities, increased availability of medical equipment, and the assurance of a reliable supply chain for medical consumables.
Russia Medical Consumables market is a fragmented market as it consists of both, local manufacturers and international companies operating in the market. Companies operating in the medical consumable industry in Russia required to abide by the local regulatory requirements. Roszdravnadzor is the regulatory body overseeing the registration and approval of medical devices and consumables in the country.
Russia Medical Consumable Market Analysis
- An increase in healthcare expenditure is driving the demand for medical consumables. As the Russian government or private sectors invest more in healthcare infrastructure, it could lead to higher demand for medical consumables.
- Prevalence of chronic diseases is driving the demand for medical consumables. As chronic conditions become more widespread, there is an increased need for devices and supplies to manage these conditions.
- Advances in medical technology is increasing the requirement for newer and more sophisticated medical consumables. This includes items like advanced wound care products, diagnostic consumables, and others.
- Increasing awareness and education about healthcare among the population is driving demand for medical consumables. This is often seen in preventive care measures and the use of consumables for early detection and management of health conditions.
Key Trends by Market Segment:
By Slip Syringe: In 2022, in slip syringe production, it is segmented into imports & domestic production. Herein, the domestic segment is dominating the market as it contributes ~55% of the overall share. Domestic products often comply with local regulations and standards more seamlessly than international products. It makes it easier for domestic manufacturers to navigate the regulatory landscape, ensuring their products meet the requirements.
By Serum (IV) Bags: In 2022, the production of Serum (IV) bags depends on imports & domestic products. The imports dominate in this segment with ~65% contribution in the overall share. Manufacturing medical devices, including serum bags require specialized facilities and adherence to strict quality standards. Some countries, including Russia, have a stronger infrastructure for producing these items, leading to a higher volume of imports.
By Serum (IV) Bottles: In 2022, the production of Serum (IV) Bottles depends on imports & domestic production. The imports segment has been dominating with ~60% of overall contribution to this segment. Domestic manufacturers sometimes face limitations in production capacity, either due to resource constraints or increased demand. In such scenarios, importing from other regions with surplus production capacity can help meet the growing demand. Changes in regulatory requirements in the importing country or the exporting country can impact the production and import of medical devices including serum bottles.
Competitive Landscape:
Major Players in Russia Medical Consumables Market
- Johnson & Johnson is a multinational conglomerate company which operates in various healthcare segments like medical consumables & has a presence in the Russian market.
- B Braun is a German-based company with a global footprint which produces medical devices and consumables. They also compete within the Russian market.
- Russia has its own manufacturers producing medical consumables to meet domestic demand. These companies may range from smaller enterprises to larger players with a significant market share.
- Several companies in Russia specialize in distributing and reselling medical consumables sourced from both local and international manufacturers. These entities play a crucial role in connecting manufacturers with healthcare providers.
Scope Of The Report
Scope of the Report
Russia Medical Consumables Market Segmentation |
|
By Slip Syringe |
· Syringe Production -Imports -Domestic Production · Syringe Capacity |
By Serum (IV) Bags |
· Serum Bags Production -Imports -Domestic Production |
By Serum (IV) Bottles |
· Serum Bottle Production -Imports -Domestic Production |
Products
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:
- Investors
- Manufacturers & Distributors
- Healthcare Providers & Facilities
- Government Entity
- Environmental Advocates
- Technology Providers
Time Period Captured in the Report:
- Historical Period: 2017-2022
- Base Year: 2022
Companies
Major Players Mentioned in the Report:
- Johnson & Johnson
- GE Healthcare
- Medtronics
- Stryker
- Philips
- Siemens
- B Braun
- Smith & Nephew
- Cardinal Health
Table of Contents
Table of Contents
1. Executive Summary
1.1. Executive Summary – Russia Medical Consumables Market
2. Macroeconomic Overview
2.1. Macroeconomic Indicators
3. Market Overview
3.1. Russia Medical Consumables Market Ecosystem
3.2. Market Overview and Genesis
3.3. Value Chain Analysis of Russia Medical Consumables Market
3.4. Impact of Covid-19 on Russia Medical Consumables
4. Market Sizing and Analysis, 2017-2022
4.1. Russia Medical Consumables Market Size, 2017-2022
5. Market Segmentation, 2017-2022
5.1. Russia Medical Consumables Market Segmentation by Slip Syringe, 2022
5.2. Russia Medical Consumables Market Segmentation by Serum (IV) Bottle, 2022
5.3. Russia Medical Consumables Market Segmentation by Serum (IV) Bags, 2022
6. Industry Analysis
6.1. Porter’s Five Forces Analysis
6.2. Growth Drivers in Russia Medical Consumables Market
6.3. Challenges in Russia Medical Consumables Market
6.4. Environmental Obligations in Russia Medical Consumables Market
6.5. Key Standards in Russia Medical Consumables Market
6.6. Key Certifications and Standards in Russia Medical Consumables Market
6.7. New Product Developments in Russia Medical Consumables Market
7. Competition Analysis
7.1. Competition Scenario of Russia Medical Consumables Market, 2022
7.2. Overview of Wholesalers and Distributors
7.3. Company Profile
7.4. Mergers and Acquisition
7.5. Cross Comparison of Major Companies
7.6. Snapshot of Export Market
8. Future Outlook, 2022-2027
8.1. Russia Medical Consumables Market Size, 2022-2027
8.2. Russia Medical Consumables Market Segmentation by Slip Syringe Bottle, 2027
8.3. Russia Medical Consumables Market Segmentation by Serum (IV) Bag, 2027
8.4. Russia Medical Consumables Market Segmentation by Serum (IV) Bottles, 2027
9. Analyst Recommendation
10. Research Methodology
10.1. Market Definitions and Assumptions
10.2. Abbreviations
10.3. Market Sizing Approach
10.4. Consolidated Research Approach
10.5. Sample Size Inclusion
10.6. Limitations and Future Conclusion
10.7. Russia Medical Consumables Market: Product taxonomy
11. Disclaimer
12. Contact Us
Research Methodology
Research Methodology
Step 1: Identifying Key Variables: Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Step 2: Market Building: Collating statistics on medical consumables market over the years, penetration of marketplaces and service providers ratio to compute revenue generated for Russia Medical Consumables market. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Step 3: Validating and Finalizing: Building market hypothesis and conducting CATIs with industry exerts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Step 4: Research output: Our team will approach multiple medical consumables providing channels and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from medical consumable providers.
Frequently Asked Questions
Frequently Asked Questions
How big is Russia Medical Consumables Market?
The Russia Medical Consumables Market was valued at ~USD 34.9 Th in 2022.
What are the Key Factors Driving the Russia Medical Consumables Market?
Increase in healthcare infrastructure & advanced technology propels the growth in the Russia Medical Consumables Market.
Who are the Key Players in the Russia Medical Consumables Market?
B Braun, Johnson & Johnson, Cardinal Health are some of the key players in the Russia Medical Consumables market.
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