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Review of the Healthcare System and Medical Device Market in Turkey – report

  • November 2015
  • 29 pages
  • TforG
Report ID: 3428751


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This TforG Healthcare Market review report for Turkey includes numerical and written analysis on the socioeconomic and macroeconomic context and outlook, the healthcare system, and the latest healthcare reforms. Moreover, an extensive chapter is dedicated to the markets for capital equipment, medical devices, disposables and pharmaceuticals.

The report helps businesses gain a unique insight into the socio-economic dynamics, and helps analyze how they affect healthcare systems and their evolution. It can serve as a valuable tool with actionable guidance for sales, marketing, R&D and business managers with industry related interests.

Four chapters cover the numerical and written analysis for the following topics: Economic Outlook (38 Key industry indicators), The Healthcare System (HC system structures), Reforms (restructuring, re-engineering or austerity efforts) and the Healthcare Market (Capital Equipment, Medical Devices, Disposables and Pharmaceuticals).

Economic Outlook:
- Turkey seems to have digested the recent financial turmoil well and the economy has regained momentum.
- The unemployment rate continues to be high at 9 percent and 17 percent of the population lives below the poverty line.
- Inflation remains high at 7 percent and public deficit is uncomfortably high as well at almost 7 percent of GDP.
- There are also some concerns about the sustainability of the economic growth since it seems to be driven by increased domestic demand masking decreased export levels.

The Healthcare System:
- Healthcare expenditure is 7.2 percent of the GDP, and is 75 percent financed by public funds.
- The General Health Insurance Scheme (GHIS)- services are provided both by public and private sector
- Public hospitals are still underfinanced and suffer from a lack of staff and expertise.
- The private sector (400 hospitals) is growing, addressing the high end of the market and serving the growing middle class.
Turkey has a poor pre-hospital referral track, and many ambulatory patients end up using secondary
care services unnecessarily.

- A major reform was completed in 2013 and it led to an increasing degree of decentralization into the
different provinces.
- Access and quality of healthcare have increased, as well as the coverage and scope of the social security scheme.
- The number of public hospitals and acute beds is still increasing .
- A major reform was completed in 2013 and it led to an increasing degree of decentralization into the
different provinces.

The Markets:
- The healthcare market will grow at 6 to 8 percent during the coming 3 years, ramping up to 10+ afterwards.
- Growth will be driven by capacity-expansion, wider access, better insurance, the creation of expert centers and by the increasing needs of the growing middle class.
- The government wants to limit the imports of substandard products. The local manufacturers provide attractively priced, “good enough” products and are partially subsidized by the government.
- New regulations are brought in line with EU standards to make the local industry more competitive in the international markets.

Reasons to buy:
– Accurate analysis of trends, opportunities and challenges of the economy and healthcare industry
– Relevant healthcare reforms
– Written and numerical analysis on important healthcare indicators (eg.: acute care data, critical care data, anesthesia data, emergency data, healthcare professionals)
– Regularly updates, at least once year
– Every update published by TforG within 6 months after your purchase will be made available to you
– Global coverage, available for + 40 countries
– Unique insight into the socio-economic dynamics, and analysis of their effect on healthcare systems

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