TURKEY MEDICAL DEVICES MARKET

INTRODUCTION

The potential for any life sciences-related industry in Turkey can be easily characterized as advanced due to the size of the nation, its sizeable population, and its extensive public and a private healthcare system that was created to provide equitable and accessible healthcare to all of its citizens.

International manufacturers of medical devices have significant production and administrative operations in Turkey, which they mostly use as a hub for access to local markets. 

The aim of TTCK in Turkey is to oversee, monitor, and manage the production of drugs, medical equipment, traditional herbal and auxiliary items, innovative therapeutic medical devices, and cosmetics.

On the other hand, the SSI is primarily responsible for implementing social insurance and universal health insurance in Turkey.

TURKEY MEDICAL DEVICES MARKET SIZE AND FORECAST

The Turkey Medical Devices market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

TURKEY MEDICAL DEVICES MARKET DYNAMICS

Domestic ability to research, produce, and supply medications and treatments features among the top goals of governments throughout the world, and Turkey is no exception. Covid-19 emphasizes the relevance and weaknesses of healthcare value chains.

In order to encourage research and development (R&D), notably in the fields of pharmaceuticals and medical devices, Ankara is aiming to expand the nation's current healthcare sector and industrial base.

A global pharmaceutical company with headquarters in Istanbul that is pouring millions of dollars into R&D in an effort to become Turkey's top manufacturer of biosimilars or biological drugs that are highly similar to drugs that have previously received approval. 

Following its clearance as a medical product, Enzymatica's mouthwash for the common cold will be made available in Turkey. This gives millions of customers access to a new market. Sanofi Consumer Health Care will advertise, sell, and distribute the product in Turkey under one of its own brands.

Following the conclusion of its successful paid pilot project, MedX Health Corp. is happy to announce the signing of a commercial distribution deal with Makromed/Arhan. 

According to the pilot's findings, Turkish health care professionals, including dermatologists and oncologists, have a very high degree of acceptance for the MedX DermSecure Screening Platform.

Given these outstanding outcomes, Makromed and MedX have partnered to distribute SIAscopy, a high-definition image capture device, and DermSecure, a secure cloud-based patient management system that transfers and retains patient data throughout the dermatology assessment process.

TURKEY MEDICAL DEVICES MARKETCOMPANY PROFILE

• Anatolia
• Uzumcu
• Morton Medical
• Bioeksen Medical
• Modulgroup
• Biosys Biomedical
• Nitrocare

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OFTURKEY MEDICAL DEVICES MARKET

1. What is the average cost perTurkey Medical Devices marketright now and how will it change in next 5-6 years?
2. Average cost to set up aMedical Devices marketinTurkey?
3. How manyTurkey Medical Devices marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aTurkey Medical Devices marketand key vendor selection criteria
6. Where is theTurkey Medical Devices marketmanufactured? What is the average margin per equipment?
7. Market share ofTurkey Medical Devices marketmanufacturers and their upcoming products
8. The most important plannedTurkey Medical Devices marketin next 2 years
9. Details on network of majorTurkey Medical Devices marketand pricing plans
10. Cost advantage for OEMs who manufactureTurkey Medical Devices marketin-house
11. 5 key predictions for next 5 years inTurkey Medical Devices market
12. Average B-2-BTurkey Medical Devices marketprice in all segments
13. Latest trends inTurkey Medical Devices market, by every market segment
14. The market size (both volume and value) ofTurkey Medical Devices marketin 2024-2030 and every year in between?
15. Global production breakup ofTurkey Medical Devices market, by suppliers and their OEM relationship