Albany, NY -- (SBWIRE) -- 08/12/2016 -- Turkey is exhibiting a healthy economy, driven by government incentive programs and initiatives supporting public-private partnerships. These programs and initiatives have been key in sustaining growth in Turkey and supporting a better economic environment compared to the rest of the EU. Turkey's GDP expanded by 2.9% in 2014, slightly lower than the government's goal of 3.3%.

The healthcare IT market in Turkey to grow at a CAGR of 10.18% during 2014-2019. Though the country's economy has shown better growth compared to other market competitors and developed economies such as the US and Japan, it has been affected negatively by the conflicts in Iraq and Syria and the fall in export demand from the EU.

This is expected to create opportunities in the Turkish healthcare industry for technology vendors that can show their capabilities for reducing OPEX for healthcare institutions and healthcare providers with the help of IT solutions. In addition, the growing aging population in Turkey also fuels the need for better healthcare expansion plans in order to meet future requirements. Of Turkey's current population, less than 10% are over 65 years old, and the country ranked 91st in the 2012 global ranking of countries with the highest proportion of elderly citizens. As aging is directly associated with the increased incidence of chronic diseases, healthcare services will soon be high in demand. IT is thus expected to become a priority area of investment for the healthcare industry in Turkey.

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This report covers the present scenario and the growth prospects of the healthcare IT market in Turkey for 2015-2019. The market is categorized into three main segments: hardware, software, and IT services.

Technavio's report, Healthcare IT Market in Turkey 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes the profile of key vendors operating in this market.

Key vendors
- AKGUN
- CGM
- Fonet
- GE Healthcare
- HP
- IBM
- Siemens Health
- Sisoft

Other prominent vendors
- Bilmed
- Elsevier Clinical Solutions
- Huawei
- Medisys
- Oracle
- Ordinatrum
- Orion Health
- Panates
- Probel
- Wolters Kluwer
- Yonsis

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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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