Turkey Medical Devices Report

Published 07 May 2015

  • 148 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
$1,295.00
Turkey Medical Devices Report

BMI Industry View: We expect t he Turkish medical device market to grow by a CAGR of 3.4 % over the 2013-2018 period, driven by import growth, the expansion of healthcare facilities and rising health expenditure. The market is largely supplied by imports but its reliance on medical devices manufactured outside of the country should reduce if the government is successful in implementing a project that is intended to boost the domestic production of diagnostic medical devices and other medical equipment.

Headline Industry Forecasts

  • In 2013, the Turkish medical device market was estimated at USD2,421.6mn, or USD32 per capita. This total was almost twice the size of the Czech market; in per capita terms, the market was similar to Bulgaria. The 2008-2013 CAGR was estimated at 2.4% but the market is expected to expand at a slightly higher CAGR of 3.4% over the 2013-2018 period, reaching USD2,865.3mn, or USD36 per capita by 2018.

  • Around 85% of the medical device market is supplied by imports. Turkey imported medical devices valued at USD2,058.4mn in 2013; this represented an increase of 6.8% over 2012, in US dollar terms, and a 2008-2013 CAGR of 2.9%. Imports have generally improved since the large decrease in 2009 caused by poor economic conditions.

  • Turkey exports more medical devices than most neighbouring countries, and the total is rising, reaching a new high of USD366.9mn in 2013, a rise of 26.0% over the previous year and a 2008-2013 CAGR of 17.2%. The trade deficit grew from -USD1,636.4mn in 2012 to -USD1,691.5mn in 2013, due to stronger import growth.

  • Turkey has a large number of medical manufacturers, but these tend to be small-scale, concentrating on cheap, low-technology items, such as bandages and syringes. Domestic medical device production is estimated to be in excess of USD700mn.

Headline Industry Risk/Reward Index

  • Turkey is the third most attractive market in Central & Eastern Europe (CEE) in which to commercialise a medical device,...

BMI Industry View
7
SWOT
10
Medical Device Market
10
Political
12
Economic
14
Operational Risk
15
Industry Forecast
17
Medical Device Market Forecast
17
2008-2013 Performance
17
2013-2018 Performance
18
Table: Projected Medical Device Market, 2013-2018
19
Table: Detailed Medical Device Market By Product Area, 2008-2018 (USDmn)
20
Consumables Market Forecast
25
Bandages & Dressings
25
Suturing Materials
25
Syringes, Needles & Catheters
25
Other Consumables
26
Table: Consumables Market, 2008-2018 (USDmn)
26
Table: Consumables Market, 2009-2018 (USDmn % Change)
27
Diagnostic Imaging Market Forecast
29
Electrodiagnostic Apparatus
29
Radiation Apparatus
29
Imaging Parts & Accessories
29
Table: Diagnostic Imaging Market, 2008-2018 (USDmn)
30
Table: Diagnostic Imaging Market, 2009-2018 (USDmn % Change)
31
Dental Products Market Forecast
33
Capital Equipment
33
Instruments & Supplies
33
Table: Dental Products Market, 2008-2018 (USDmn)
33
Table: Dental Products Market, 2009-2018 (USDmn % Change)
35
Orthopaedics & Prosthetics Market Forecast
37
Fixation Devices
37
Artificial Joints
37
Other Artificial Body Parts
37
Table: Orthopaedics & Prosthetics Market, 2008-2018 (USDmn)
38
Table: Orthopaedics & Prosthetics Market, 2009-2018 (USDmn % Change)
38
Patient Aids Market Forecast
40
Portable Aids
40
Therapeutic Appliances
40
Table: Patient Aids Market, 2008-2018 (USDmn)
41
Table: Patient Aids Market, 2009-2018 (USDmn % Change)
41
Other Medical Devices Market Forecast
43
Table: Other Medical Devices Market, 2008-2018 (USDmn)
44
Table: Other Medical Devices Market, 2009-2018 (USDmn % Change)
45
Annual Medical Device Imports
47
Table: Medical Device Imports By Product Area, 2009-2013 (USD000s)
49
Table: Medical Device Imports By Product Area, 2009-2013 (USD000s % Change)
50
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
51
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s % Change)
52
Table: Top 20 Medical Device Suppliers, 2013 (USD000s)
54
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (USD000s)
55
Table: Detailed Medical Device Import Trends By Product Area, 2013
58
Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (USD000s)
61
Monthly Medical Device Imports
65
Table: Monthly Medical Device Imports By Product Area, December 2011-January 2015 (USDmn)
65
Annual Medical Device Exports
67
Table: Medical Device Exports By Product Area, 2009-2013 (USD000s)
70
Table: Medical Device Exports By Product Area, 2009-2013 (USD000s % Change)
71
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
72
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s % Change)
73
Table: Top 20 Medical Device Destinations, 2013 (USD000s)
74
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (USD000s)
75
Table: Detailed Medical Device Export Trends By Product Area, 2013
78
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (USD000s)
82
Table: Detailed Medical Device Trade Balance, 2009-2013 (USD000s)
85
Monthly Medical Device Exports
89
Table: Monthly Medical Device Exports By Product Area, December 2011-January 2015 (USDmn)
89
Macroeconomic Forecasts
91
Economic Analysis
91
Table: Economic Activity (Turkey 2010-2019)
99
Industry Risk/Reward Index
100
Industry Risk Reward Index
100
Table: CEE Medical Device Risk/Reward Index, Q315
101
Market Overview
103
Medical Device Market Overview
103
Table: Medical Device Market, Key Ratios, 2013
104
Table: Medical Device Market By Product Area, 2013
104
Healthcare Overview
105
Health Status
105
Healthcare System
106
Private Healthcare Provider
111
Healthcare Funding
111
Healthcare Resources
115
Table: Medical Device Technology By Type, 2006-2012 (Units)
116
Table: Medical Device Technology By Type, 2006-2012 (Per mn Population)
117
Healthcare Activity
117
Healthcare Personnel
119
Key Healthcare Data
119
Table: Key Healthcare Data, 2009-2014
119
Industry Trends & Developments
122
Regulatory Development
128
Medical Device Regulations
128
Competent Authority
128
Regulations
128
Medical Device Pricing & Reimbursement
129
Reimbursement
129
Procurement
129
Competitive Landscape
131
Domestic Medical Device Manufacturing
131
National Medical Device Manufacturers
131
Multinational Market Activity
133
Table: Multinational Market Activity, 2015
133
Medical Device Market Access
135
Market Environment
135
Distribution
135
Trade Association
135
Table: SADER Member Companies, 2015
136
Trade Fair
137
Methodology
138
Forecast Methodology
138
Trade Code Classifications
139
Table: Used HS Trade Codes
139
Table: Rearranged HS Trade Codes
141
Risk/Reward Index Methodology
144
Table: Medical Devices Risk/Reward Index Indicators
145
Sources
147
Contact
148

The Turkey Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a BMI Research's company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in Turkey provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Turkey Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Turkey, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Turkey.
  • Target Business Opportunities in the Turkey Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Turkey.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View

Provides industry, political and economic views. Briefly analyses the medical devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT

SWOT analyses of the medical devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts

Evaluates and analyses the medical devices market in terms of historical and forecast trends, covering six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Additionally, presents annual and monthly import and export trade data.

Macroeconomic Forecasts

Presents macroeconomic forecasts impacting the medical devices market.

Industry Risk Reward Index

Risk Reward Indices tool, which provides a globally comparative and numerically based assessment of the medical devices market’s attractiveness.

Market Overview

Assesses the medical devices market in the current year. Additionally, covers healthcare trends shaping the market, focusing on health status, healthcare system, healthcare funding, healthcare resources, healthcare activity and healthcare personnel. Includes historical healthcare data.

Industry Trends & Developments

Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory developments

A focus on government healthcare reforms, epidemiological trends, mergers and acquisitions, product launches, market entries, FDI activity, R&D, biotechnology, clinical trials and supply chain issues.

Competitive Landscape

Values historical medical devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

Methodology

Carefully explains the medical devices market methodology, trade classifications, Risk Reward Index methodology and sources used in the medical devices market Report.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%