The hospital sector is undergoing undeniable growth in Turkey, stimulated by increased active government focus on healthcare expansion. Number of private hospitals has increased by 50% over five years, and increasing healthcare expenditure is expected to reach USD 80 bn in 2015.
Turkey passed new regulations aimed at making private investment in its healthcare sector easier, a move which officials hope could unlock billions of dollars of investment over the next few years. Under the new law on Public-private Partnerships (PPP), the state will rent city hospitals built and run by the private sector for 25 years.
With current government’s on-going investments in the healthcare sector, Turkey continues to be an attractive market. Opportunities for the supply of hospital equipments, instrumentation, machinery and other products and services are unprecedented. At the Turkey Hospital Expansion Summit, government officials, construction companies, doctors, management groups and hospital owners will go in discussion with consultants, architects, medical companies, equipment providers and service groups, in order to better explore the market and support project development