Russian pharmaceutical market grew by 9.3% in 2014 and reached 1.143 trillion rubles
Market volume, however, declined by 3.6% versus 2013 and totaled 5.259 billion packs. Both retail and reimbursement volumes decreased by 4.5% and 7.6%, respectively.
Table. 2014 Russian pharmaceutical market by segment.
Segment |
Value, mln. rubles. |
Growth |
Value, mln. packs |
Growth |
||
Q1-Q4 2013 |
Q1-Q4 2014 |
Q1-Q4 2013 |
Q1-Q4 2014 |
|||
Retail segment of finished pharmaceutical products |
608 841 |
674 710 |
10.80% |
4 422 |
4 223 |
-4.50% |
Parapharmaceuticals |
169 404 |
182 956 |
8.00% |
|
|
|
Reimbursement |
84 829 |
84 056 |
-0.90% |
75.3 |
70 |
-7.60% |
Hospital audit |
182 682 |
200 951 |
10.00% |
957 |
967 |
1.00% |
TOTAL |
1 045 757 |
1 142 672 |
9.30% |
5 455 |
5 259 |
-3.60% |
Market declined by 10.6% in dollar value and amounted to 29.601 billion USD due to pronounced ruble exchange rate fluctuations.
Source: DSM Group, The Central Bank of the Russian Federation