ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY

Emine Kılavuz; Hatice Erkekoğlu

ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY

Abstract

Healthcare sector is one of the fastest growing sectors and comprises hospitals, medical equipment and services, telemedicine, medical tourism and medical insurance. In this study, the medical industry in Turkey using the export and import data of sub-sectors was analyzed. Growing Turkey's population and raising the number of hospital beds are increasing the demand for health sector in Turkey. But the medical device industry is mostly dependent on foreign and import-oriented structure.  Trend analysis results show that the growth in imports is more than the growth in exports.  On the other hand, Turkey is a country which has comparative advantages in medical tourism in the world. In order to increase the competitiveness and reduce the negative impact on foreign trade, Turkey should increase its investments in the medical sector.

Keywords

Medical Equipment,Export and Import,Healthcare sector

References

Akan, Y., Işık, C., and Arslan, I., (2008), “The Impact of Tourism on Economic Growth: The Case of Turkey”, Journal of Tourism. 2008, Vol. 9 Issue 2, p.47-69. https://www.researchgate.net /publication /228270513_The_Impact_of_Tourism_on_Economic_Growth_The_Case_of_Turkey. [accessed Oct 08, 2018]
Amiri, M. and Safariolyaei, N. (Mar 2017), “Medical Tourism in India Current Scenario” International Journal in Management and Social Science, Vol.05 Issue-03, ISSN: 2321-1784, p.106-111.
Ankara Chamber of Industry (ASO), Medikal Sektörü, http://www.aso.org.tr/wp-content/uploads/2017/09/2.pdf. [accessed Oct 08, 2018]
Chou, M.C. (2013), Does tourism development promote economic growth in transtion countries? A panel data analysis, Economic Modelling 33, p.226-232.
Dimitrov, D. V. (2016), “Medical Internet of Things and Big data in Healthcare” Healthc Inform Res., 22(3, p.156-163.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC498157 5/). [accessed Oct 08, 2018]
Economist Online, (Jan 9, 2019), https://www.ekonomist.com.tr /diger/tibbicihazlar da-da-yerellesme-atagi-var.html. [accessed Feb 10, 2019]
Ellis, M. (May 30, 2018), The top 10 medical device companies, https://www.proc linical.com/blogs/2018-5/the-top-10-medical-device-companies-2018. [accessed May 30, 2018]

Ellis, M. (Jun 28, 2017), What are the different types of medical device jobs?, https://www.proclinical.com/blogs/2017-6/what-are-the-different-types-of-medical-devi ce-jobs. [accessed Jun 06, 2018]
Export.gov., “Turkey - Medical Technology and Health IT”, https://www.export.gov/article?id=Turkey-Medical-Technology-and-Health-IT. [accessed Oct 08, 2018]
International Trade Centre, https://tradecompetitivenessmap.intracen.org /TPIC.aspx. [accessed Oct 08, 2018]
Kılavuz, E. (2018), Medical Tourism Competition: The Case of Turkey, International Journal of Health Management and Tourism, 3(1), p.42-58.
Medikal Akademi, (Sep 25, 2017), https://www.medikalakademi.com.tr /medikalihraca ti-10-yilda-dorde-katlandi/. [accessed Sep 12, 2018]
Medpac.gov., (Jun 2017), Report to the Congress: Medicare and the Health Care Delivery System. http://www.medpac.gov/docs/default-source/reports/jun17_ ch7.pdf?s fvrsn=0 Jun 17-ch7.pdf. [accessed Dec 20, 2018]
OECD, (2017), www.oecd.org.
Oh, C.O. (2005), The contribution of tourism development to economic growth in the Korean economy, Tourism Management 26, p.39-44.
ProClinical, https://blog.proclinical.com/what-are-the-leading-causes-of-death-in-the-w orld-and-can-they-be-cured.[accessed Oct 08 2018]
Republic of Turkey, Ministry of Trade, Medical Devices and Supplies,
Turkey,https://trade.gov.tr/data/5b8fd58313b8761f041fee92/ddd73a123ea691bbdc0be967359f2b20.pdf. [accessed Oct 08, 2018]
Republic of Turkey, Official Newspaper, (Jun 7, 2011), “Tıbbi Cihaz Yönetmeliği” Sayı 27957.
Republic of Turkey, Ministry of Development, (Nov 2014), Onuncu Kalkınma Planı (2014-2018) Sağlık Endüstrilerinde Yapısal Dönüşüm Programı Eylem Planı
http://www.seis.org.tr/ docs/daha-cok-uretmeliyiz/eylem-planlari/saglik-endustrilerinde-yapisal-donusum-prog rami-eylem-plani.pdf. [accessed Oct 08, 2018]
Republic of Turkey, Ministry of Health (May 2017), Tıbbi Cihaz Sektörü Strateji Belgesi ve Eylem Planı (2017-2021).
Republic of Turkey, Ministry of Health (Nov 2015). Türkiye Tıbbi Cihaz Sektörü Strateji Belgesi ve Eylem Planı (2016-2020).
The Global Industry Classification Standard (GICS), https://marketintelligence.spglo bal.com/documents/products/GICS-Mapbook-Brochure.pdf. [accessed Oct 08, 2018]
Technofunc.com, http://www.technofunc.com/index.php/domain-knowledge-2/health care-industry. [accessed Nov 29, 2018]
Ünal, M. (2016), Tıbbi Cihaz Sektör Raporu, İzmir Ticaret Odası Ar&Ge Bülten 2016 Mayıs-Haziran Sektörel, http://izto.org.tr /demo_betanix/uploads/cms/yonetim.ieu.edu.tr /6427_1480061130.pdf. [accessed May 25, 2018]
Üslü, E. (Dec 12, 2017), “Medical sektöründen ithalata ikame ‘Mediclust’” https://www.dunya.com/yurttan-haberler/medikal-sektorunden-ithalata-ikame-mediclust -haberi-384474. [accessed Oct 08, 2018]
West Mediterranean Development Agency (2012), Tıbbi ve Medikal Aletler Sektör Raporu, https://www.baka.org.tr/uploads /1357649606TiBBi-VE-MEDiKALALETLER -SEKTOR-RAPORU-5ARALiK.pdf. [accessed Oct 08, 2018]
Whittaker, A. (Jul 2008), “Pleasure and pain: Medical travel in Asia” Global Public Health, 3(3), p.271-290.

Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Emine Kılavuz ^*
0000-0001-9639-2368
Türkiye

Hatice Erkekoğlu
0000-0002-9021-5843
Türkiye

Publication Date

December 30, 2019

Submission Date

September 18, 2019

Acceptance Date

December 16, 2019

Published in Issue

Year 2019 Volume: 4 Number: 4

IZ

https://izlik.org/JA79RJ54BL

Cite

RIS / Bibtex

APA

Kılavuz, E., & Erkekoğlu, H. (2019). ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY. Al Farabi Uluslararası Sosyal Bilimler Dergisi, 4(4), 56-67. https://izlik.org/JA79RJ54BL

AMA

1.Kılavuz E, Erkekoğlu H. ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY. Al Farabi Uluslararası Sosyal Bilimler Dergisi. 2019;4(4):56-67. https://izlik.org/JA79RJ54BL

Chicago

Kılavuz, Emine, and Hatice Erkekoğlu. 2019. “ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY”. Al Farabi Uluslararası Sosyal Bilimler Dergisi 4 (4): 56-67. https://izlik.org/JA79RJ54BL.

EndNote

Kılavuz E, Erkekoğlu H (December 1, 2019) ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY. Al Farabi Uluslararası Sosyal Bilimler Dergisi 4 4 56–67.

IEEE

[1]E. Kılavuz and H. Erkekoğlu, “ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY”, Al Farabi Uluslararası Sosyal Bilimler Dergisi, vol. 4, no. 4, pp. 56–67, Dec. 2019, [Online]. Available: https://izlik.org/JA79RJ54BL

ISNAD

Kılavuz, Emine - Erkekoğlu, Hatice. “ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY”. Al Farabi Uluslararası Sosyal Bilimler Dergisi 4/4 (December 1, 2019): 56-67. https://izlik.org/JA79RJ54BL.

JAMA

1.Kılavuz E, Erkekoğlu H. ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY. Al Farabi Uluslararası Sosyal Bilimler Dergisi. 2019;4:56–67.

MLA

Kılavuz, Emine, and Hatice Erkekoğlu. “ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY”. Al Farabi Uluslararası Sosyal Bilimler Dergisi, vol. 4, no. 4, Dec. 2019, pp. 56-67, https://izlik.org/JA79RJ54BL.

Vancouver

1.Emine Kılavuz, Hatice Erkekoğlu. ECONOMIC ANALYSIS OF THE MEDICAL INDUSTRY IN TURKEY. Al Farabi Uluslararası Sosyal Bilimler Dergisi [Internet]. 2019 Dec. 1;4(4):56-67. Available from: https://izlik.org/JA79RJ54BL