Orthopedic implants in Russia

Russia Arthroscopic Implants Market Share: Recent Trends In 2022, GlobalData Market Model Methodology identified that the leading player in the Russia arthroscopic implants market is Arthrex, followed by Smith & Nephew, DePuy Synthes, Stryker, ConMed, and Zimmer Biomet.

Following the widespread disruption caused by the COVID-19 pandemic in the broader medical device market during 2020 and 2021, the market value of arthroscopic implant devices in Russia was expected to exceed $40 million in 2022.

In 2022, the global orthopedic implants market was valued at $46 billion and is expected to grow to $73 billion by 2032. It is projected to grow at a CAGR of 4.9% between 2023-2032.

Ageing Population

According to Market,us, in 2019, 1 in 11 people in Russia was over 65; this number will increase to 1 in 6 by 2050. This figure alone indicates a nearly 2-fold increase in the need for implants by 2050. Due to the increase in the level of well-being and the development of medical services and technology, the rate of implant surgeries will increase.

The prevalence of bone and musculoskeletal disorders is also increasing worldwide. According to the World Health Organization, in 2022, it is estimated that about 1.71 billion people worldwide will be affected by musculoskeletal diseases.

The Impact of the Ukrainian War on the Medical Equipment Market

According to the New York Times, the number of Russian military casualties in the Ukrainian war from February 2022 to August 2023 will reach 300,000, of which 120,000 have been killed and 180,000 have been injured.

The number of war casualties has had a serious impact on the country’s health system due to the injuries they have sustained. According to unofficial statistics, the number of emergency surgeries has increased by 780% compared to June 2021, which represents an 8-fold increase.

Another statistic that can be mentioned is the cessation and reduction of cosmetic surgeries in Russia, which seems to have been decided due to the more serious needs of the Russian healthcare sector.

It should be noted that the above information is estimated and based on data from international organizations, and the Russian government has not published official information in this regard.

Due to the gradual withdrawal of many Western companies such as Arthrex (with a 48% share in the Russian market) from Russia after the Ukraine war and the sanctions imposed on the country by many Western countries, and in accordance with market needs, plans have been made to replace foreign suppliers and increase domestic production capacity. During this period, Chinese companies have supplied a significant part of the arthroscopic implant market. Turkish companies are in the second place in supplying the needs of the Russian implant market.

Chinese companies operating in the Russian implant market:

Zhejiang Shendasiao Medical Instrument Co., Ltd
TITMED
Xuzhou Hengjia Electronic Technology Co., Ltd
Tonglu Wanhe Medical Instrument Co., Ltd

Turkish companies operating in the Russian implant market

PRODORTH
NORMMED
Osimplant

Implant manufacturers in Russia:

OOO MEDIKO – INZHENERNYY CENTR SPLAVOV S PAMYATYU FORMY (OOO MIC SPF)
ZAO MEDSIL
OOO KONMET

Implant importers in Russia

OOO NAUCHNO – PROIZVODSTVENNOE PREDPRIYATIE MIC Exporter

Implant suppliers in Russia

OOO NAUCHNO – PROIZVODSTVENNAYA KOMPANIYA LIKOSTOM
OOO DIF

Implant wholesale distributors in Russia

INNOBIOSURG CO
OO NANOTEHMED PLYUS
OOO NAUCHNO – PROIZVODSTVENNOE PREDPRIYATIE MIC

Total Bandi

Russia has performed poorly in the production of various types of implants and has always relied on imports to meet the needs of the implant market. After the war in Ukraine and the gradual withdrawal of Western companies from the country, as well as a significant increase in surgeries due to war casualties with Russia, the import of implants from China and Turkey has increased, and currently the majority of the needs of the Russian market are met by China. The policies of the government of the Russian Federation are aimed at increasing the domestic production of various types of implants, but due to the lack of experience and possession of the necessary technology, meeting the market needs by relying on domestic production will take time.

Key and important factors for the presence of Iranian manufacturers in the Russian market

According to the initial research conducted on the battery industry in the large Russian market and considering the key factors:

High and consistent quality of Iranian products

Preferential tariffs on import duties of Iranian goods to Russia

Low export costs of Iranian products to Russia compared to Western and Chinese goods

The proximity and proximity of Iran and Russia as a logistical advantage and the possibility of exporting Iranian goods to Russia by various methods such as land, rail and sea transportation in the shortest time and at low shipping prices

The absence of a large part of the market from famous Western brands

The possibility of rapidly expanding market share and access to the competitive and trade space in Russia

It can be said that there is a high economic justification for entering the large Russian-Eurasian market, and the Fardad Group of Companies is proud to establish effective and successful joint cooperation in this direction.