Forecast: Import of Artificial Joints to Turkey

In 2023, Turkey imported 129.5 thousand kilograms of artificial joints. From 2024 to 2028, the forecasted import volumes are 133.71, 137.9, 142.0, 146.02, and 149.96 thousand kilograms respectively. The year-on-year variations are as follows: 2024 (3.25%), 2025 (3.13%), 2026 (2.96%), 2027 (2.83%), and 2028 (2.70%). The Compound Annual Growth Rate (CAGR) for the five-year period is approximately 2.97%, indicating a steady increase in the import volume of artificial joints.

Future trends to watch for include advancements in medical technology, increasing life expectancy, and rising healthcare expenditure in Turkey. These factors could potentially lead to higher demand for artificial joints, impacting the import volume positively. Monitoring the global supply chain and trade policies will also be critical in understanding future import dynamics.

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