Product Code: ETC009872 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Russia Surgical Instruments market currently, in 2023, has witnessed an HHI of 1383, Which has decreased slightly as compared to the HHI of 1439 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Russia surgical instruments market is anticipated to grow at a CAGR of 5.7% from 2020 to 2026, with the expected growth attributed to increasing disposable income levels in Russia and improved healthcare facilities. Also, growing demand for medical devices are driving the market growth in the country among other factors such as favorable government initiatives and rising number of surgeries due to an aging population.
Moreover, technological advancements have enabled surgeons to make use of various types of advanced surgical instruments which requires minimal invasiveness and provide better outcomes compared to conventional equipment used earlier. This factor is also contributing towards increased adoption rate among doctors across Russia, further increasing revenue generation opportunities for vendors operating in this space. Furthermore, key players are introducing innovative strategies like product launches and geographic expansions that should help them increase their share in the global marketplace over the coming years.
However, stringent regulatory norms may impede market growth during the forecast period as many manufacturers find it difficult adhere to rigid regulations imposed by governing bodies like FDA & WHO regarding safety standards while manufacturing these products. In addition, lack of skilled personnel who can effectively utilize high-end technologically advanced devices is another major challenge faced by stakeholders operating within this industry landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Russia Surgical Instruments Market Overview |
3.1 Russia Country Macro Economic Indicators |
3.2 Russia Surgical Instruments Market Revenues & Volume, 2019 & 2026F |
3.3 Russia Surgical Instruments Market - Industry Life Cycle |
3.4 Russia Surgical Instruments Market - Porter's Five Forces |
3.5 Russia Surgical Instruments Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Russia Surgical Instruments Market Revenues & Volume Share, By Surgery Types, 2019 & 2026F |
3.7 Russia Surgical Instruments Market Revenues & Volume Share, By Surgical Procedure, 2019 & 2026F |
3.8 Russia Surgical Instruments Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Russia Surgical Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Russia Surgical Instruments Market Trends |
6 Russia Surgical Instruments Market, By Types |
6.1 Russia Surgical Instruments Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Russia Surgical Instruments Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Russia Surgical Instruments Market Revenues & Volume, By Surgical Sutures and Staples, 2016 - 2026F |
6.1.4 Russia Surgical Instruments Market Revenues & Volume, By Handheld Surgical Equipment, 2016 - 2026F |
6.1.5 Russia Surgical Instruments Market Revenues & Volume, By Electrosurgical Devices, 2016 - 2026F |
6.2 Russia Surgical Instruments Market, By Surgery Types |
6.2.1 Overview and Analysis |
6.2.2 Russia Surgical Instruments Market Revenues & Volume, By Open Surgery, 2016 - 2026F |
6.2.3 Russia Surgical Instruments Market Revenues & Volume, By Minimally Invasive Surgery, 2016 - 2026F |
6.3 Russia Surgical Instruments Market, By Surgical Procedure |
6.3.1 Overview and Analysis |
6.3.2 Russia Surgical Instruments Market Revenues & Volume, By Cataract Surgery, 2016 - 2026F |
6.3.3 Russia Surgical Instruments Market Revenues & Volume, By Heart Surgery, 2016 - 2026F |
6.3.4 Russia Surgical Instruments Market Revenues & Volume, By Caesarean Section, 2016 - 2026F |
6.3.5 Russia Surgical Instruments Market Revenues & Volume, By Low Back Pain Surgery, 2016 - 2026F |
6.3.6 Russia Surgical Instruments Market Revenues & Volume, By Others, 2016 - 2026F |
6.4 Russia Surgical Instruments Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Russia Surgical Instruments Market Revenues & Volume, By Cardiology, 2016 - 2026F |
6.4.3 Russia Surgical Instruments Market Revenues & Volume, By Ophthalmology, 2016 - 2026F |
6.4.4 Russia Surgical Instruments Market Revenues & Volume, By Urology and Gynecology Surgery, 2016 - 2026F |
6.4.5 Russia Surgical Instruments Market Revenues & Volume, By Others, 2016 - 2026F |
7 Russia Surgical Instruments Market Import-Export Trade Statistics |
7.1 Russia Surgical Instruments Market Export to Major Countries |
7.2 Russia Surgical Instruments Market Imports from Major Countries |
8 Russia Surgical Instruments Market Key Performance Indicators |
9 Russia Surgical Instruments Market - Opportunity Assessment |
9.1 Russia Surgical Instruments Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Russia Surgical Instruments Market Opportunity Assessment, By Surgery Types, 2019 & 2026F |
9.3 Russia Surgical Instruments Market Opportunity Assessment, By Surgical Procedure, 2019 & 2026F |
9.4 Russia Surgical Instruments Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Russia Surgical Instruments Market - Competitive Landscape |
10.1 Russia Surgical Instruments Market Revenue Share, By Companies, 2019 |
10.2 Russia Surgical Instruments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |