Russia Palliative Care Market Analysis Report 2022 to 2030

Russia Palliative Care Market Analysis

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Russia's Palliative care market is projected to grow from $213.2 Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022-2030. The main factors driving the growth would be the ageing population, the rising prevalence of chronic diseases and government support. Some of the major players include St. Petersburg Hospice, First Moscow Hospice, Rostokino Hospice and Vera Hospice.

ID: IN10RUHS013 CATEGORY: Healthcare Services GEOGRAPHY: Russia AUTHOR: Neha Davda

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Russia Palliative Management Market Executive Summary

Russia's Palliative care market is projected to grow from $213.2 Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022-30. In 2019, the healthcare expenditure in Russia as a percentage of GDP reached 5.65% or $653.42 per capita from 5.36% or $609.01 in 2018. The Russian public health system has long been underfunded. Over the past few years, Russia has spent an average of 5% of its GDP on healthcare, which is less than the OECD average.

Palliative care is an interdisciplinary approach to medical care that aims to improve the quality of life and lessen suffering in patients with severe, complex, and frequent terminal illnesses.

In the 1990s, Russia saw the emergence of its first hospices. Due to the initiative of individuals and the assistance of local governors, small facilities consisting of visiting services and hospitals with 20–30 beds for cancer patients were created in significant regional cities. Although they are still the foundation of hospice facilities, these hospices are now accessible to patients with and without cancer. The most significant growth of palliative care in Russia began in 2011 when Russian legislation included palliative care as a service line. Later, thorough processes for delivering palliative care to adults and children were identified by the Russian Ministry of Health. Children can receive palliative care at home, in clinics, in paediatric hospital palliative care units, and in children's hospices.

Russia Palliative Care Market

Market Dynamics

Market Growth Drivers

Russia has an ageing population, with 30% of the population predicted to be over 60 by 2025. There is an increasing need for palliative care services as people get older since they are more prone to develop life-limiting illnesses. The number of chronic diseases like cancer, heart disease, and neurological problems has increased in Russia. These conditions call for palliative care treatments to control symptoms and enhance the quality of life. Additionally, the Russian government has put laws in place to assist the development of palliative care after realising the significance of this field. This involves the creation of the "Law on Palliative Care" and the "Hospice and Palliative Care Development Program." All these factors are expected to drive market growth in Russia.

Market Restraints

In many regions of Russia, there is not enough capability to offer these treatments due to a lack of healthcare workers with specialised training in palliative care. Additionally, there are few choices for treating pain in Russia due to the strict regulations placed on opioids and the difficulty in getting them for individuals who need them. Many patients have experienced insufficient pain alleviation as a result which is limiting the market growth.

Competitive Landscape

Key Players

St. Petersburg Hospice (RUS)
First Moscow Hospice (RUS)
Rostokino Hospice (RUS)
Vera Hospice (RUS)

Healthcare Policies and Regulatory Landscape

A legal framework has been established by the Russian government to control the delivery of palliative care services. The "Law on Palliative Care," which was established in 2011, serves as the primary regulatory legislation. The right of patients to obtain palliative care services is one of the principles of palliative care that are defined by this law. Guidelines for the provision of palliative care services have also been released by the Russian Federation's Ministry of Health. The qualifications and duties of healthcare professionals who operate in this area are described in these guidelines, together with the specifications for healthcare facilities that offer palliative care.

The Russian government has also put in place a number of initiatives to increase the accessibility of palliative care services. For instance, in order to raise the quality and accessibility of palliative care services throughout the nation, the "Hospice and Palliative Care Development Program" was introduced in 2014.

Reimbursement Scenario

There is no formal federal reimbursement mechanism for palliative care services, and Russia's reimbursement policies for this type of care are still being developed. To offset the cost of palliative care services, certain Russian regions have developed regional compensation systems. The "Hospice and Palliative Care" program, which was put into place in Moscow, is one such initiative. Patients who are registered with a hospice and have a life-limiting condition are eligible for reimbursement under this program for all of their medical costs, including those for prescription drugs, medical equipment, and home care services.

1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Palliative Care Market Segmentation

By Service Type (Revenue, USD Billion):

Based on service type, the Russia palliative care market is divided into the following:

Private residence care
Hospice inpatient care
Hospital inpatient care
Nursing home and residential facility care
Others

By End User (Revenue, USD Billion):

Based on end-user type, the Russia palliative care market is divided into the following:

Hospitals
Home Care Settings
Palliative Care Centers
Long-Term Care Centers & Rehabilitation Centers

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.