
Turkey - Artificial Joints for Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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Orthopedic Artificial Joints Market Size in Turkey
The Turkish orthopedic artificial joints market declined to $X in 2022, shrinking by -6.3% against the previous year. Overall, consumption, however, recorded a deep downturn. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.
Orthopedic Artificial Joints Production in Turkey
In value terms, orthopedic artificial joints production expanded slightly to $X in 2022 estimated in export price. Overall, production saw a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 134% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.
Orthopedic Artificial Joints Exports
Exports from Turkey
In 2022, exports of artificial joints for orthopedic purposes from Turkey soared to X units, jumping by 101% against 2021 figures. Over the period under review, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, orthopedic artificial joints exports surged to $X in 2022. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 67%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Exports by Country
Azerbaijan (X units), the UK (X units) and the United States (X units) were the main destinations of orthopedic artificial joints exports from Turkey, with a combined 44% share of total exports. Iran, Germany, France, Italy, the United Arab Emirates, Belarus, Ukraine, China, the Netherlands and Mexico lagged somewhat behind, together accounting for a further 36%.
From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +446.1%), while the other leaders experienced more modest paces of growth.
In value terms, Azerbaijan ($X), the UK ($X) and the United States ($X) were the largest markets for orthopedic artificial joints exported from Turkey worldwide, together comprising 44% of total exports. Iran, Germany, France, Italy, the United Arab Emirates, Belarus, Ukraine, China, the Netherlands and Mexico lagged somewhat behind, together comprising a further 36%.
Among the main countries of destination, Italy, with a CAGR of +608.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average orthopedic artificial joints export price stood at $X per unit in 2022, reducing by -34.7% against the previous year. In general, export price indicated a moderate increase from 2020 to 2022: its price increased at an average annual rate of +3.2% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orthopedic artificial joints export price increased by +6.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 63% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted markedly in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and Azerbaijan ($X per unit), while the average price for exports to the Netherlands ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Artificial Joints Imports
Imports into Turkey
Orthopedic artificial joints imports into Turkey soared to X units in 2022, picking up by 411% on 2021 figures. In general, imports, however, continue to indicate a sharp reduction. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, orthopedic artificial joints imports skyrocketed to $X in 2022. Overall, imports, however, saw a pronounced decrease. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.
Imports by Country
The United States (X units), Ireland (X units) and Switzerland (X units) were the main suppliers of orthopedic artificial joints imports to Turkey, with a combined 73% share of total imports. China, Germany, India, France, the UK and Italy lagged somewhat behind, together comprising a further 23%.
From 2020 to 2022, the biggest increases were recorded for China (with a CAGR of +171.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), Ireland ($X) and Switzerland ($X) constituted the largest orthopedic artificial joints suppliers to Turkey, together accounting for 75% of total imports. China, Germany, India, France, Italy and the UK lagged somewhat behind, together comprising a further 23%.
Among the main suppliers, China, with a CAGR of +660.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average orthopedic artificial joints import price stood at $X per unit in 2022, waning by -67.1% against the previous year. In general, the import price, however, recorded significant growth. The growth pace was the most rapid in 2021 an increase of 1,403% against the previous year. As a result, import price reached the peak level of $X per unit, and then declined significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+1,815.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the orthopedic artificial joints market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32502235 - Artificial joints
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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