Forecast: Import of Orthopaedic and Fracture Appliances to Turkey

The import value of orthopaedic and fracture appliances to Turkey has experienced a consistent decline from 2013 to 2023, standing at 30.838 million USD in 2023. The year-on-year variation over the last two years shows a decrease of -5.54% in 2022 and -5.75% in 2023. The five-year CAGR from 2018 to 2023 was -4.57%, indicating a steady downward trend.

Going forward, the forecasted data from 2024 to 2028 show a continued decline with a forecasted -6.1% CAGR. The import value is projected to decrease further by approximately 27% over the next five years, suggesting ongoing challenges or changes in demand or supply dynamics.

Future trends to watch for:

  • Advancements in domestic production capabilities could further reduce import reliance.
  • Changes in healthcare legislation or insurance policies might impact import volumes and values.
  • Technological innovations could shift preferences towards newer, possibly more expensive, appliances.
  • Global economic conditions and currency fluctuations might affect import costs and volumes.

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