Turkey Hospital Market
is expected to grow at a significant rate during the forecast period, 2024-2028. The
hospital sector in Turkey has undergone significant development and
modernization in recent years. The country has made significant investments in
healthcare infrastructure, resulting in the construction of new hospital and
the expansion and renovation of existing ones. Turkey has both public and
private hospitals, with public sector dominating the healthcare industry. The
Ministry of Health is responsible for overseeing the public healthcare system
and operates many hospitals across the country. Private hospitals are growing
in popularity, particularly in major cities like Istanbul, Ankara, and Izmir.
The hospital
market in Turkey is driven by factors such as increasing population, growing
healthcare needs, and the rise of medical tourism. Turkey has become a popular
destination for medical tourists seeking high-quality and affordable
healthcare. This has led to the development of specialized hospitals,
particularly in areas like plastic surgery, dentistry, and ophthalmology.
Overall, the
hospital market in Turkey is expected to continue its growth trajectory, driven
by increasing demand for healthcare services and investments in healthcare
infrastructure. However, challenges such as rising healthcare costs and a shortage
of healthcare professionals may pose obstacles to sustained growth in the
sector.
Government
Investments in Healthcare Infrastructure Drive the Turkey Hospital Market
Government
investments in healthcare infrastructure has been a key driver of the hospital
market in Turkey. The Turkish government has made significant investments in
healthcare infrastructure in recent years, including the construction of new hospitals
and the renovation of existing ones. These investments have resulted in
increase in the number of Hospital and healthcare facilities available to the
public.
The government
has implemented several initiatives to improve access to healthcare services,
particularly in rural areas. In 2021, the Turkish government implemented an
initiative to improve access to healthcare by building more hospitals. This
initiative was a part of a larger effort to improve the country's healthcare
system, which began in 2003. The COVID-19 pandemic highlighted the need to
improve access to healthcare services in Turkey. The government has been
working to transform the healthcare sector to ensure that all citizens have
access to quality services.
In addition, the
Turkish government has been promoting public-private partnerships (PPPs) in
healthcare to improve the quality of healthcare services and increase
efficiency. PPPs involve private sector participation in the financing,
construction, and operation of healthcare facilities, in collaboration with the
government.
All these
initiatives have resulted in the growth of the hospital market in Turkey, as
they have increased the availability and quality of healthcare services. As the
Turkish population continues to grow and age, the demand for healthcare
services is expected to increase further, which will continue to drive
government investments in healthcare infrastructure and the growth of the
hospital market.
Private Sector
Investment Boost the Market Expansion
Private sector
investment has been a significant driver of the expansion of the hospital
market in Turkey. The private sector has been increasingly investing in
healthcare in Turkey, particularly in major cities like Istanbul, Ankara, and
Izmir. This has resulted in the growth of private hospital and healthcare
facilities, providing more choices for patients.
Private hospitals
in Turkey offer wide range of services, including specialized treatments and
medical tourism. The hospitals are equipped with modern technologies and
facilities, making them attractive to patients who are seeking high-quality
healthcare services. Private hospitals in Turkey are known for their high
standards of healthcare and personalized services, which has contributed to the
growth of medical tourism in the country. Private sector investment has
led to the development of public-private partnerships (PPPs) in healthcare
Overall, private
sector investment has boosted the expansion of the hospital market in Turkey by
increasing the availability of high-quality healthcare services and providing
more choices for patients. It has led to the development of innovative
healthcare services and increased competition, which has improved the quality
of healthcare services in the country.
Increasing
Healthcare Needs Turkey Fuel the Growth of The Market
Increasing
healthcare needs in Turkey have been a significant driver of the growth of the
hospital market. As the Turkish population ages, the incidence of chronic
diseases increases, the demand for healthcare services is growing. This is
driving the expansion of the hospital market in Turkey. According to the
Turkish Statistical Institute, the proportion of the Turkish population aged 65
years and older is expected to reach 10.2% in 2023 and 14.2% in 2050. This
aging population is likely to require more healthcare services, including
hospitalization, specialized treatments, and long-term care.
In addition, the incidence
of chronic diseases such as diabetes, cancer, and cardiovascular diseases is
increasing in Turkey. These diseases require ongoing medical attention and
often result in hospitalization, which further increases the demand for
healthcare services. Furthermore, the COVID-19 pandemic has highlighted the
importance of having a robust healthcare system in Turkey. The pandemic has led
to an increased demand for hospitalization, ICU beds, and medical equipment,
which has put pressure on the healthcare system. As a result, the Turkish
government has increased its investments in healthcare infrastructure and has
been working to strengthen the healthcare system.
Overall, the
increasing healthcare needs in Turkey are expected to continue driving the
growth of the hospital market in the coming years. This will result in the
development of more hospitals and healthcare facilities, and an increase in the
quality and accessibility of healthcare services.
Medical
Tourism Drive the Growth of The Turkey Hospital Market
Medical tourism
has been a significant driver for the growth of the hospital market in Turkey.
The country has become a popular destination for medical tourism due to its
high-quality healthcare services, affordable prices, and attractive location.
Medical tourism refers to individuals who travel to another country for medical
treatment or surgery. Turkey has been attracting medical tourists from
countries such as the Middle East, Europe, and Central Asia. Medical tourists
are drawn to Turkey for a range of treatments, including cosmetic surgery, hair
transplantation, dental procedures, and fertility treatments. Turkey is known
for its specialized hospitals, particularly in areas like plastic surgery,
dentistry, and ophthalmology.
The Turkish
government has been actively promoting medical tourism and has implemented
several initiatives to attract more medical tourists to the country. These
initiatives include the development of specialized hospitals, introduction of
e-visas for medical tourists, and the establishment of medical tourism
coordination offices.
Medical tourism
has resulted in the growth of the hospital market in Turkey by increasing the
demand for healthcare services and driving the development of specialized hospital.
It has provided opportunities for private sector investment in healthcare and
has contributed to the growth of the Turkish economy.
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Market Segmentation
Turkey Hospital Market is
segmented based on type,
type of services, and bed capacity. Based on type, the
market is divided into general, multispecialty,
and specialty.
Based on type of service, the market is segmented into in-patient services and out-patient
services. Based on bed capacity, the market is divided into above 500 beds,
100-500 beds, upto 100 beds.
Market players
liV Hospital, Anadolu
Hastaneler Grubu, NPİSTANBUL Brain Hospital, Medical Park Hospital Group, Medipol
Hospital, Memorial Hospital, Medicana Hospital, NP Istanbul Brain Hospital, Medical
Park, Dunyagoz Hospital Group
Attribute
|
Details
|
Base
Year
|
2022
|
Historic
Data
|
2018 –
2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024
– 2028
|
Quantitative
Units
|
Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028
|
Report
coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments
covered
|
By Type
By Type of Service
By Bed Capacity
|
Regional
scope
|
Marmara
Region, Central Anatolia, Eastern Anatolia Region, South-Eastern Anatolia
Region, Aegean Region, Mediterranean Region, Black Sea Region.
|
Key
companies profiled
|
liV Hospital,
Anadolu Hastaneler Grubu, NPİSTANBUL Brain Hospital, Medical Park Hospital
Group, Medipol Hospital, Memorial Hospital, Medicana Hospital, NP Istanbul
Brain Hospital, Medical Park, Dunyagoz Hospital Group
|
Customization
scope
|
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing
and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery
Format
|
PDF and Excel
through Email (We can also provide the editable version of the report in
PPT/Word format on special request)
|
Report Scope:
In this report, the Turkey Hospital
Market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- Turkey Hospital
Market, By Type:
- General
- Multispecialty
- Specialty
- Turkey Hospital Market, By Type of Service:
- In-Patient Services
- Out-Patient Services
· Turkey Hospital Market, By Bed Capacity
o Above 500 beds
o 100-500 beds
o up-to 100 beds
· Turkey Hospital
Market, By Region
o Marmara Region
o Central Anatolia
o Eastern Anatolia Region
o South-Eastern Anatolia Region
o Aegean Region
o Mediterranean Region
o
Black
Sea Region
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Turkey Hospital Market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market
players (up to five).
Turkey Hospital Market is
an upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]