Research and Markets: Russia & the CIS Medical Device Market Reports
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The Belarusian medical device market is small and under-developed. Key metrics, such as health expenditure per capita and medical device spending, are the lowest in Europe. An ailing economy and a political regime resistant to market modernisation, and therefore unattractive to investors, are both dominating factors which limit the development of the healthcare sector and dampen demand.
The healthcare system in Belarus is little changed from the Soviet era.
The Russian market is potentially huge, given its population and potential wealth of natural resources. Health expenditure remains 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 it is badly managed and the quality of treatment varies from region to region.
Ukraine is the second largest country in Europe and the 22nd largest in the world. The population is estimated at 44.9 million in 2012. Ukraine aspires to join the EU, but membership is unrealistic for the foreseeable future. Relations with Russia remain complex due to gas disputes and Ukraine's plans to strengthen ties with the EU.
Ukraine experienced a severe recession in 2009, with GDP falling by 15%. The economy has slowly recovered since and growth of 2.0% is expected in 2012.
This collection of reports provides an individual and highly-detailed analysis of each market, looking at the key regulatory, political, economic and corporate developments in the wider context of market structure, service and access. The price includes 4 completely updated reports sent quarterly and details of local medical equipment distributors.
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