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Healthcare crisis provokes heavy investment

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Something of a medical crisis is gripping Russia of late, with billions of dollars of investment in healthcare being made and further investment to come in the future, perhaps affording room for industrial and medical gas demand.

A report from The Moscow Times highlights the poor state of medical affairs in the country and notes that inventive medical treatments are just the tip of the iceberg of the health care crisis facing Russia.

The country ranks a lowly 130th in terms of the effectiveness of its health care system and 127th in terms of its population’s health, according to the World Health Organization.

This means that the country is not only considerably behind developed Western countries but also the majority of East European and Latin American countries with a similar level of economic development.

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