Pharmaceutical market size in Russia 2012-2024

Published by Statista Research Department, Feb 10, 2023
The Russian pharmaceutical market reached approximately 2.6 trillion Russian rubles in 2022, marking a nearly 12-percent increase from the previous year. The value of pharmaceutical sales was forecast to increase to 2.9 trillion Russian rubles in 2024.

Market value of pharmaceuticals in Russia from 2012 to 2022 with a forecast until 2024 (in billion Russian rubles)

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Release date

February 2023

Region

Russia

Survey time period

2012 to 2022

Supplementary notes

Figures prior to 2016 were obtained from the report "State Regulation: Barriers or Incentives for Market Development? Trends in the Russian Pharmaceutical Market 2019" published by Invest in Russia. * Forecast.

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