The Russian medical device market demonstrated rapid growth over the period 2006-2012. Consumption increased with state support of health care, in particular under the 2011-2012 regional modernization programs worth RUB 635.7 bln., a large portion of it spent on equipment upgrades. With the programs played out, public health centers could not support the former level of demand.

Growth of the market in 2011-2012 gave way to a downward trend in 2013 when the market shrank ... Read more

The global medical device market has been growing steadily over the last years, expanding by 5% between 2009 and 2013. The Russian medical market grew by 12% in the same period, and in absolute terms is now the 14th-largest in the world.

In the 2011-2012 period consumption of medical products in the country increased substantially as a result of regional programs to modernize health care. Equipment that would have been purchased in 2012-2015 at the natural rate of ... Read more