Stunning Global
Michigan-Russia Trade
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Healthcare Market
Posted March 6, 2013 by Stunning Global
Healthcare is one of the most dynamic sectors in Russia. With over 140 million consumers and rapidly growing demand for healthcare products and services, Russia presents lucrative opportunities for U.S. companies. Equipment, technologies, and investment are needed in the healthcare sector, specifically in the medical equipment, dental equipment and biotechnology sub-sectors. There are several high-level events […]
Healthcare
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Biopharmaceuticals
Posted March 5, 2013 by Stunning Global
The Russian market for biopharmaceuticals in 2010 was estimated at $2.2 billion, of which $1.3 billion was dedicated to cytokines, genetically engineered hormones (including insulin), coagulants and therapeutic enzymes, monoclonal antibodies ($350 million), and vaccines ($350 million). By 2015, the sales of antibodies and vaccines are expected to rise to $480 million and $370 million […]
Healthcare
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Biomedicine
Posted March 5, 2013 by Stunning Global
The Russian biotechnology market is focused on the development and manufacturing of products for the diagnostic and treatment of human diseases and for the prevention of harmful effects of the environment on humans. Biomedicine, including molecular diagnostics, personalized medicine, engineered cell and tissue for therapeutic purposes, and biocompatible materials, is a large part of Russia’s […]
Healthcare
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Medical Device & Equipment
Posted March 5, 2013 by Stunning Global
The medical equipment sector is one of the fastest growing sectors of the Russian economy. There is a relatively stable macroeconomic situation in Russia with much unsatisfied deferred demand for medical equipment across the country. In addition, the Russian government is focused on this sector and has increased government financing for the purchase of medical […]
Healthcare
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U.S. Commercial Service Healthcare Trade Mission to Russia, June 3-7, 2013
Posted March 5, 2013 by Stunning Global
The U.S. Department of Commerce, International Trade Administration, U.S. and Foreign Commercial Service (CS), is organizing a Healthcare Trade Mission to Moscow and St. Petersburg, Russia, from June 3-7, 2013. It will be led by a senior Commerce official. The mission will help participants gain market insights, make industry contacts, solidify business strategies, and advance […]
Russia News
E-commerce
E-commerce is booming in Russia. In 2011, Russia overtook Germany as Europe’s largest Internet market by number of users. At 2%, Russian e-commerce penetration is low compared to more advanced countries (10%). However, it...
Healthcare Market
Healthcare is one of the most dynamic sectors in Russia. With over 140 million consumers and rapidly growing demand for healthcare products and services, Russia presents lucrative opportunities for U.S. companies. Equipment, t...
Livestock Feed & Technology
Russia is the world’s largest import market for purebred cattle, at roughly $200 million annually. This has boosted the demand for animal feed and feed ingredients. Ninety percent of the total imports of feeds and fodders...
Biopharmaceuticals
The Russian market for biopharmaceuticals in 2010 was estimated at $2.2 billion, of which $1.3 billion was dedicated to cytokines, genetically engineered hormones (including insulin), coagulants and therapeutic enzymes, monoclo...
Biomedicine
The Russian biotechnology market is focused on the development and manufacturing of products for the diagnostic and treatment of human diseases and for the prevention of harmful effects of the environment on humans. Biomedicine...
Dried Fruit & Nuts
Russians love sweets! Russia is the second largest confectionary market in the world, and has demand for high quality ingredients such as U.S. nuts and dried fruits. One example of a successful U.S.-Russia agricultural partners...
Supply Chain
The key to success in Russia is supply chain. The logistical challenges of Russia’s vast territory are legendary, and they are now made more complex by the county’s growing middle class and increasing consumer sophi...
Pets
Did you know that Russia has the world’s second largest pet population? With an estimated 60 million pets, it follows only the United States. Over 54 percent of Russian families own at least one pet, of which 75% own a ca...
Manufacturing
There is tremendous opportunity for Michigan manufacturers in the Russian market. The obvious sectors are automotive and aviation, but all companies stand to gain that specialize in: Machine tools Machine handling equipment Wel...
Hyper Markets
Large, mid-price food retailers, such as Ashan, a French hypermarket, are popular in Russia. The format carries over 10,000 SKUs in 5,000 sq. meters of sales area, bringing a wide range of foreign value-add products to the Russ...