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Health Care Policy Failings Are Eroding Medtechs’ Confidence In The Turkish Market

The country is losing its position as a regional medtech base

 
• By Ahmet Sevindik

Late payment of hospital debts continues to haunt the Turkish medtech industry, which recently led a public demonstration in Ankara to focus the government’s attention on the issue. Medtech multinationals fear that the ongoing problems will mean Turkey losing the positive momentum it achieved during the pandemic.

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Medtech companies serving the Turkish market are still not being paid fully what they are owed by hospitals. A partial payment was made at the beginning of October, but it was far from sufficient, according to the local medtech industry. The health care sector is now warning of possible disruption to hospital operations in the coming months, due to lack of medtech supplies.

Multinational companies are as frustrated as local companies about the current situation, and there is a general sense that confidence...

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