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International Journal of Social and Psychological Aspects of Healthcare

2022 Volume 2

Understanding the Role of Socio-Demographics and Economics in Russia’s Pharmaceutical Industry


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  1. Department of Therapy, Faculty of Medical, University of Dagestan State Medical, Makhachkala, Republic of Dagestan, Russia.
  2. Department of Economic Security and Auditing, Faculty of Economics, University of North Caucasus Federal, Stavropol, Russia.
  3. Department of Social and Humanitarian Disciplines, Faculty of Law, Social Technologies and Psychology, University of Don State Technical, Rostov-on-Don, Russia.
  4. Department of State, Municipal Management and Labor Economics, Faculty of Economics, University of North Caucasus Federal, Stavropol, Russia.
Abstract

Over the past 25 years, significant events have profoundly affected Russia’s overall industry, especially the pharmaceutical sector. Key factors such as the 2014 crisis, the COVID-19 pandemic, the 2022 sanctions, and Russia's changing international political position have affected not only the country’s economic situation but also its demographic structure. The Russian population is aging, with a declining birth rate despite state efforts to address the issue. In addition, the mortality rate, including among the younger generations, has increased significantly in recent years. The volatile economic and political climate has also led to the emigration of many young and educated people. Social changes, such as the growth of social media, the influence of mass media, and the increase in the retirement age, have also played a significant role in shaping citizens’ behavior, especially in terms of medicine selection and purchasing decisions. This paper examines the economic events of recent years that have most influenced pharmaceutical policy and consumer preferences, providing statistical data on the Russian population by various categories and analyzing the social factors that impact consumer behavior.


How to cite this article
Vancouver
Ismailov SG, Lazareva NV, Rodionova VI, Shvachkina LA, Pyanov AI. Understanding the Role of Socio-Demographics and Economics in Russia’s Pharmaceutical Industry. Int J Soc Psychol Asp Healthc. 2022;2:49-56. https://doi.org/10.51847/DFleUEkNgY
APA
Ismailov, S. G., Lazareva, N. V., Rodionova, V. I., Shvachkina, L. A., & Pyanov, A. I. (2022). Understanding the Role of Socio-Demographics and Economics in Russia’s Pharmaceutical Industry. International Journal of Social and Psychological Aspects of Healthcare, 2, 49-56. https://doi.org/10.51847/DFleUEkNgY

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