The market is dominated by foreign suppliers, as imports account for 51.2% of total market size in 2024. Government drives market demand, with government spending representing 77.2% of total demand in 2024. Turkey has the ninth largest market size for pharmaceuticals regionally, with demand reaching USD21.0 billion in 2024. Abdi Ibrahim Ilaç San ve Tic AS is the largest company in Turkey, generating 3.6% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 11.9% of total production value in 2024. The total number of companies increases in 2024, to 873 units. The costs of the industry increase by 16.7% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 34.7% of production value in 2024, the second highest regionally. The industry’s exports share decreases in 2024 to 20.7% of total production output. With production value of USD7.2 billion, Turkey accounts for 1.0% of the Western Europe total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Pharmaceuticals in Turkey: ISIC 2423. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pharmaceuticals in Turkey: ISIC 2423 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Pharmaceuticals and Medical Equipment in Turkey report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Pharmaceuticals and Medical Equipment?
- How the Pharmaceuticals and Medical Equipment will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Pharmaceuticals in Turkey: ISIC 2423
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MARKET OVERVIEW
Pharmaceuticals and Medical Equipment
Pharmaceuticals and Medical Equipment is an aggregation of Pharmaceuticals, Medical and Surgical Equipment.
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