Importance New market conditions call on pharmaceutical product manufacturers to improve classical approaches to the promotion of over-the-counter (OTC) pharmaceuticals, products for healthy lifestyle, and to develop new approaches. Objectives The purpose of the study is to identify development trends in the Russian pharmaceutical market, including the market of nutritional supplements and other OTC products, opportunities of the Russian enterprises in these markets, to reveal factors having a positive and negative impact on the pharmaceutical industry. Methods We employ methods of observation, analysis of statistical data, PEST analysis to determine major trends in the market, review of literary sources and materials from the Internet, as well as comparison. Results We reveal and analyze trends and major factors of the pharmaceutical market development in four spheres: technological, political, legal and demographic. The analysis highlighted the factors that have a positive and negative impact on the pharmaceutical industry. The pharmaceutical industry enterprises can consider environmental factors for their successful functioning in the market. Conclusions Positive trends in the pharmaceutical market development include popularization of healthy lifestyle, possibility to attract additional sources of financing by pharmaceutical production manufacturers, high development of technologies in this field. Negative factors include consolidation of the pharmaceutical industry leading to reduced profitability of producers, significant decrease in the sales volumes of Russian producers, and freezing of investments in this area. To reduce the impact of negative factors, it is important to use modern tools of promotion taken together and periodically monitor new opportunities.
Belousova O.V., Belousov E.A., Bondarenko V.O., Karasev M.M. [Pharmacoeconomic analysis of market of biologically active additives merchandized in pharmacy organizations]. Farmatsiya i farmakologiya = Pharmacy & Pharmacology, 2015, no. 6, pp. 36–39. URL: Link-36-39 (In Russ.)
Fedotov G.M. [Development of the market of pharmaceutical services in Russia: Regional problems]. Vestnik Chuvashskogo Universiteta, 2014, no. 3, pp. 229–233. (In Russ.)
Filatova Yu.M. [Current state of the world pharmaceutical market]. Izvestiya Tul'skogo gosudarstvennogo universiteta. Ekonomicheskie i yuridicheskie nauki = Izvestiya TulGU, 2016, no. 1, pp. 167–174. (In Russ.)
Sherstobitova T.I., Semerkova L.N., Kukhtinova L.G. [Marketing research of Penza market of private medical services]. Izvestiya vysshikh uchebnykh zavedenii. Povolzhskii region. Ser.: Obshchestvennye nauki = University Proceedings. Volga Region. Social Sciences, 2015, no. 1, pp. 248–257. (In Russ.)
Khazanchuk M. [Introduction of monitoring systems of drug movement in Russia and abroad]. Novosti GMP, 2017, no. 2, pp. 92–99. (In Russ.) URL: Link
Turchenkov S.S., Khlebtsova E.B., Puchkov M.Yu. [SWOT analysis of the modern market of dietary supplements]. Sovremennye problemy nauki i obrazovaniya, 2013, no. 5. (In Russ.) URL: Link
Bel'skikh I.E., Kulagina S.V. [Advertising of medicinal products in pharmaceutical marketing]. Marketing v Rossii i za rubezhom = Marketing in Russia and Abroad, 2010, no. 4, pp. 74–80. (In Russ.)
Ponomarenko V.S., Dorokhov A., Dorokhova L. [Branding as the tool for realization of marketing strategies]. Montenegrin Journal of Economics, 2010, vol. 6, iss. 12, pp. 113–120. (In Russ.)
Tarasov Yu.V. [Particularities of modern pharmaceutical promotion]. Sovremennye issledovaniya sotsial'nykh problem, 2013, no. 12. (In Russ.) URL: Link
Tolstyakov R.R., Guchetl' R.G. [Determinants of marketing activity within business orientation of the enterprise]. Sotsial'no-ekonomicheskie yavleniya i protsessy = Socio-economic Phenomena and Processes, 2014, no. 7, pp. 69–74. (In Russ.)