Russia: Pharmaceuticals market to see 13.9% growth to 2014 says new report

June 21, 2011 - PRLog -- The new report ‘Economic 360 for Russia: Growth Prospects and Emerging Opportunities in the Russian Healthcare Industry’ now available at http://www.pharmaceutical-market-research.com/go/FRS02372 states that Russia has a high occurrence of diseases and fatal accidents, life expectancy in the country is less than in western European countries. This low health index creates a large and favourable market for private medical clinics and hospitals, and could lead to a 14% CAGR of paid medical services in 2011-2014.

The increasing demand for healthcare has given a huge boost to the pharmaceuticals sector, and has revived the sectors of clinical trials, biotechnology and medical devices. The pharmaceuticals sector was worth $16.40 billion in 2010 and its compound annual growth rate (CAGR) during 2004-2014 is likely to be 13.%.

Read more here:  http://www.pharmaceutical-market-research.com/publications/country_reports/economic_360_russia_growth_prospects_emerging_opportunities_russian_healthcare_industry.html Pharmaceutical-market-research.com is the source for information products concerning the global biotechnology, healthcare, medical device and pharmaceutical industries. With over 20,000 market reports available, executives can find a current and comprehensive range of specialised intelligence. www.pharmaceutical-market-research.com is a service from Piribo Ltd, which was founded in 2004.

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