Between 2013 and 2023, Turkey's export of suture materials, sterile surgical and dental goods showed a significant positive overall trend, despite some year-on-year fluctuations. Notable annual growth occurred in 2017 with a 91.95% increase and a sustained upward trajectory continued, reaching a value of 18.581 million USD in 2023. From 2018 to 2023, the compound annual growth rate (CAGR) was relatively stable at approximately 4.67%, indicating consistent performance.
The forecast from 2024 onward predicts sustained growth, with values expected to reach 22.663 million USD by 2028. The projected 5-year CAGR is 3.01%, suggesting steady, moderate growth.
Future trends to watch include:
- Demand for advanced medical and surgical goods.
- Potential impact of global health crises or improvements.
- Technological advancements in medical materials.
- Trade policies and international market dynamics.
- Emerging markets and their consumption patterns.