Turkey Diagnostic Labs Market to Grow with Advancing Technology until 2027
Rising disposable income for
quality healthcare is driving the growth of the Turkey Diagnostic Labs Market,
in the forecast period, 2023-2027F.
According to TechSci report on, “Turkey
Diagnostic
Labs Market - By Region, Competition
Forecast & Opportunities, 2027”,
Turkey diagnostic labs market is anticipated to grow with an impressive CAGR in
the forecast period, 2023-2027 on the account of increasing demand for the
early diagnosis and efficient analysis of the diseases. Surging demand for the
localized diagnostic centers is further anticipated to drive the growth of the
Turkey diagnostic labs market in the upcoming five years.
Growing healthcare expenditures and increasing
diagnostic tests demand is also supporting the growth of the Turkey diagnostic
labs market in the next five years. Increasing investments from the government
along with private investments and development of the healthcare infrastructure
like hospitals, clinics, diagnostic labs etc. are also aiding the growth of the
Turkey diagnostic labs market in the future five years.
Consistent
research and technological advancements have led to the surging demands for the
advanced medical devices for the diagnosis purposes and other tests have surged
the demand for well equipped diagnostic labs, and thus substantiate the growth
of the Turkey diagnostic labs market in the forecast years, until 2027.
Growing
concerns among the health conscious population have increased demand for the
diagnostic tests, regular health check-ups, blood tests & urine tests etc.
also aid the growth of the Turkey diagnostic labs market in the forecast
period. Moreover, demand for decreasing the patient burdens on hospitals and
clinics for diagnosis of the appearing symptoms is further aiding the growth of
the Turkey diagnostic labs market in the next five years.
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The Turkey diagnostic labs market is segmented
by provider type, test type, end user, competitional landscape, and regional
distribution. Based on provider
type, the market is bifurcated into hospital, stand-alone center, diagnostic
chains. Hospital sub-segment is anticipated to hold the largest revenue shares
of the market and dominate the market segment in the upcoming five years on the
account of rapidly increasing number of patients suffering from various
diseases in the country.
Rapidly
growing demands for early diagnosis of the diseases or abnormal conditions such
that effective treatment can be provided to the patient is further aiding to
the growth of the Turkey diagnostic labs market in the next five years.
Stand-alone diagnostic centers are also anticipated to register significant
growth in the future five years on the grounds of increasing investments in the
development of the stand-alone centers. Moreover, increasing demand to decrease
the patient burden from the hospitals further aid the growth of the Turkey
diagnostic labs market in the forecast years.
On
the basis of test type, the market segment is differentiated between radiology
and pathology. Radiology segment is anticipated to hold the largest revenue
shares of the market and dominate the market segment in the upcoming five years
on the account of technological advancement in the medical devices utilized to
conduct the radiology diagnosis test. CT scans, magnetic resonance imaging,
x-ray test, etc. all are rapidly increasing in instances, due to increasing
patient counts.
Surging
cases of cardiovascular diseases, oncological diseases, application of
radiology tests in obstetrics and gynecology, are all further aiding the growth
of the Turkey diagnostic labs market in the next five years. Technological
advancements like 3D imaging, mobile and portable systems, along with increased
service offerings are also anticipated to drive market growth. Pathology
segment is further anticipated to register significant growth in the future
five years on the account of increasing instances of infectious diseases and a
recent situation of pandemic due to widespread COVID-19 virus.
A partial list of major market players of the Turkey diagnostic labs
market includes:
·
Synevo
Medical Laboratories
·
Duzen Laboratories
Group
·
Istanbul
Laboratory & Screening Center
·
Hekimoglu
Imaging Center
·
Synlab
Laboratories
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“Market segments on the
basis of end user, is further fragmented into corporate clients, walk-ins, and
referrals. Corporate clients may generate largest revenue shares of the market
and dominate the end user segment in the upcoming five years on the grounds of
increasing demands from the corporate companies. Increasing industrialization
ha brought in global giants of various industries, that are effective toward
maintaining their employee health plans. They provide investments, insurance
policies, etc. to further aid the growth of healthcare plans for their employee.
To maintain such plans, insurance companies demand a no-health issue
certificate, that demands for diagnostics tests and thus indirectly
substantiates the growth of the Turkey diagnostic labs market in the forecast
years,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Turkey
Diagnostic Labs Market By Provider Type (Hospital, Stand-Alone Centre,
Diagnostic Chains), By Test Type (Radiology v/s Pathology), By End User
(Corporate Clients, Walk-ins, Referrals),
By Region, Competition Forecast & Opportunities, 2027” has evaluated the future
growth potential of Turkey diagnostic labs market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Turkey diagnostic labs market.
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