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Russian market for iv solutions
1. PARIOFORMA
Summary Report
October 2007
Parioforma Ltd
55 Princes Gate
London SW7 2PN
United Kingdom
www.parioforma.com
2. PARIOFORMA
61 face-to-face interviews in hospitals across Russia:
◦ Respondent breakdown:
Head of Pharmacy: 79%
Doctors/ Clinical Pharmacologists: 13%
Clinical Pharmacists: 3%
Head Nurses responsible for buying: 5%
12 interviews with top managers in Russian companies
8 interviews with distributors
8 interviews with Western companies
8 interviews with the Ministry
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
3. PARIOFORMA
• Estimated at ~USD $75 mln in 2006
Total Market: Basic solutions (by value)
$140
$120 Basic solutions sales by value, mln. USD
$100
$80
$60
$40
$20
$0
2001 2002 2003 2004 2005 2006 2007 (E) 2008 (F) 2009 (F) 2010 (F) 2011 (F)
NB: Includes imports and domestic manufacturing but not In-house production
NB: In-house production not included. Source: RMBC sales audit, Diamond-Vision import data, ex-manufacturer prices calculated assuming average
wholesaler margin = 25% and VAT = 10%.Packs recalculated in litres
§ For a list of solutions included under each heading see appendix
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
4. PARIOFORMA
Total Market: Basic solutions (by volume)
60 $2.5
50
$2.0
Ex-manufacturer price in USD
40
Sales in mln litres
$1.5
30
$1.0
20 Basic solutions sales by volume, mln. litres
Basic solutions price per litre, USD $0.5
10
0 $0.0
2001 2002 2003 2004 2005 2006 2007 (E) 2008 (F) 2009 (F) 2010 (F) 2011 (F)
NB: In-house production not included. Source: RMBC sales audit, Diamond-Vision import data, ex-manufacturer prices calculated assuming
average wholesaler margin = 25% and VAT = 10%.Packs recalculated in litres
Equivalent price per litre used
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
5. PARIOFORMA
DRIVERS: RESTRAINERS:
• Substitution of hospital in situ • Hospitals financially constrained
production
• Infusion solutions under-funded
• Change of medical practice
• Variations in funding
• Price increases
• Lack of market education
• Increased volumes of more expensive
commercially produced solutions
• Expanding economy
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
6. PARIOFORMA
• Market for basic solutions is dominated by domestically manufactured solutions
45
40
35
30
Mlns, litres
25
20 Domestic Basic Solutions
15 Imported Basic Solutions
10
5
0
2004 2005 2006
Source: RMBC sales audit, Diamond-Vision import data, ex-manufacturer prices calculated assuming average wholesaler
margin = 25% and VAT = 10%.Packs recalculated in litres
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
7. PARIOFORMA
38% of hospitals interviewed continue to produce infusion solutions in-
house
The bulk of production is composed of NaCl and glucose (~80%)
Main reason for the decline in in-hospital production is the increasing
restrictions by RosZdravNadzor
The majority of respondents agreed that in-hospital production would
continue to decline over the next 5 years
Respondents noted that the decline in in-house production will be
accompanied by a switch to manufactured solutions
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
8. PARIOFORMA
• Most infusion solution sales go through hospital tenders
• Pharmacy sales are direct patient purchases
Pharm acy vs. Hospital Sales of Basic IVs in Pharm acy vs. Hospital Sales of Plasm a
m ln litres 2006 Expanders in m ln litres 2006
19%
Through pharmacy sales 32% Through pharmacy sales
Through hospital sales Through hospital sales
68%
81%
Source: RMBC sales audit, expert opinion
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
9. PARIOFORMA
DRIVERS: RESTRAINERS:
• Cheaper to utilise polymer line (for • Preference for glass persists
new entrants)
• Glass recycled for in-house
•Transportation of glass costly and production
complicated
• Majority of domestic players continue
• Special features to offer glass
• More convenient to use • Upfront unit cost
• Rigid plastic replicates the form of • Poor quality of domestically produced
glass PVC
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
10. PARIOFORMA
200ml and 400ml dominate
100%
90%
80%
70% 100 ml
60% 1000 ml
500 ml
50% 250 ml
400 ml
40%
200 ml
30%
20%
10%
0%
2004 2005 2006 2007 (F) 2008 (F) 2009 (F) 2010 (F) 2011 (F)
Source: RMBC sales audit, Diamond-Vision import data, RMC/Aston estimates
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
11. PARIOFORMA
• Estimated at ~$23 mln in 2006
Total market: Plasma Expanders
$50
$45
$40
Plasma Expanders sales by value, mln. USD
$35
$30
$25
$20
$15
$10
$5
$0
2001 2002 2003 2004 2005 2006 2007 (F) 2008 (F) 2009 (F) 2010 (F) 2011 (F)
*
Source: RMBC sales audit, Diamond-Vision import data, ex-manufacturer prices calculated assuming average
wholesaler margin = 25% and VAT = 10%.Packs recalculated in litres
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
12. PARIOFORMA
DRIVERS: RESTRAINERS:
• Increased financing of hospitals • Financial constraints
• Increasing complexity of surgeries • Variations in funding
• Developing private healthcare • Price sensitivity
• Heavy investment in sales & • Market education required
marketing of branded product
manufacturers
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
13. PARIOFORMA
• Domestic solutions dominate by volume
• Market moving in favour of imported solutions by value - reflecting marketing efforts
Domestic Plasma Expanders Domestic Plasma Expanders
5 $25
Imported Plasma Expanders Imported Plasma Expanders
4 $20
Mlns Litres
$ Mlns
3 $15
2 $10
1 $5
0 $0
2004 2005 2006 2004 2005 2006
Source: RMBC sales audit, Diamond-Vision import data, ex-manufacturer prices calculated assuming average
wholesaler margin = 25% and VAT = 10%.Packs recalculated in litres
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
14. PARIOFORMA
200ml and 400ml dominate
100%
90%
80%
70%
100 ml
60% 450 ml
50% 250 ml
500 ml
40%
200 ml
30%
20%
10%
0%
2004 2005 2006 2007 (F) 2008 (F) 2009 (F) 2010 (F) 2011 (F)
Source: RMBC sales audit, Diamond-Vision import data, RMC/Aston estimates
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
15. PARIOFORMA
Premixes are used rarely
Novocaine was the most frequently purchased ready-mixed solution by study
respondents
The second most frequent class was anti-infectives/ anti-bacterials
DRIVERS: RESTRAINERS:
• Increased financing of hospitals • Financial constraints
• Safety • Limited availability
• Time efficiency • Variations in funding
• Developing private healthcare • Price
• No market education
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
16. PARIOFORMA
Basic Solutions Plasma Expanders
Sodium Chloride Starches 6%/ 10%
Dextrose Dextrans
Ringer’s Acetate/ Quintasol Gelatins
Ringer’s solution Polyvinylpyrrolidon (PVP)
Mannitol/ Mannit
Hartmann’s Solution NB: Blood products were outside the scope of the study
Acesolum
Disolum
Trisolum
Chlo-salt
Mafusol
Sodium Bicarbonate
Calcium Chloride
Potassium Chloride
Parioforma Ltd – 55 Princes Gate – London SW7 2PN – United Kingdom
www.parioforma.com
17. PARIOFORMA
Parioforma Ltd. is an international business consultancy founded in 2005 and
headquartered in London, UK.
For further information or to discuss your needs please contact us…
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