By 2030, it is anticipated that the Turkey Liver Disease Therapeutics market will reach a value of $299 Mn from $185 Mn in 2022, growing at a CAGR of 6.2 % during 2022-2030. Liver Disease Therapeutics in Turkey is dominated by a few domestic pharmaceutical companies such as Abdi İbrahim, Mustafa Nevzat, and Deva Holding. The Liver Disease Therapeutics market in Turkey is segmented into different types of disease and different therapy types. Some of the major factors affecting the Turkey Liver Disease Therapeutics market are the growing prevalence of liver diseases and unhealthy and dynamic lifestyles.
By 2030, it is anticipated that the Turkey Liver Disease Therapeutics market will reach a value of $299 Mn from $185 Mn in 2022, growing at a CAGR of 6.2 % during 2022-2030.
Turkey is an upper middle-income, developing transcontinental country located in Southeastern Europe and Southwestern Asia bordering the Black Sea. Chronic viral hepatitis, particularly hepatitis B and C, is prevalent in Turkey. It is believed that approximately 4% of the Turkish population has chronic hepatitis B, while approximately 1% has chronic hepatitis C.
Turkey's healthcare system is not only economical but also of good quality. They are the region's top healthcare provider, providing inhabitants with the best care available. According to the latest WHO data published in 2020 Liver Disease Deaths in Turkey reached 6,340 or 1.63% of total deaths. The age-adjusted Death Rate is 7.14 per 100,000 population ranking Turkey 150th in the world. Turkey's government spent 4.6% of its GDP on healthcare in 2020.
Market Growth Drivers Analysis
Chronic liver disease patients may also be eligible for specialised care through the Turkish Society of Hepatology, which offers diagnostic tests, specialist consultations, and liver transplant services. The Turkish labour force is young and well-educated. Furthermore, Turkey benefits from a favourable geopolitical location as well as a swift economic recovery following COVID-19, which makes doing business easier. These aspects could boost Turkey's Liver Disease Therapeutics market.
Market Restraints
In Turkey, there is a need for better awareness and screening for liver disease. While there are no systematic screening programmes for liver disease, there are efforts underway to raise awareness of the condition and its risk factors. Turkey's manufacturing sector is heavily reliant on imports. These factors may deter new entrants into the Turkey Liver Disease Therapeutics market.
Key Players
In Turkey, the regulation and reimbursement of liver therapeutics are overseen by the Turkish Medicines and Medical Devices Agency (TMMDA) and the Social Security Institution (SSI), respectively. In terms of reimbursement, the SSI pays for qualifying patients' liver treatments. The SSI manages the reimbursement process, determining which therapies are eligible for reimbursement and the conditions under which they will be funded.
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
Liver Disease Therapeutics Segmentation
By Treatment Type (Revenue, USD Billion):
By Disease Type (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
Methodology for Database Creation
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