Pharmaceutical market size in Russia 2012-2025

Published by Statista Research Department, May 6, 2024

The Russian pharmaceutical market reached approximately 2.6 trillion Russian rubles in 2023, marking a nearly 0.2 percent increase from the previous year. The value of pharmaceutical sales was forecast to increase to 2.9 trillion Russian rubles in 2025.

Market value of pharmaceuticals in Russia from 2012 to 2023 with a forecast until 2025 (in billion Russian rubles)

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Release date

February 2024

Region

Russia

Survey time period

2012 to 2023

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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