Turkey Pharmacies and Drug Stores Market (2025-2031) | Companies, Outlook, Revenue, Industry, Trends, Growth, Forecast, Analysis, Share, Value & Size

Turkey Pharmacies and Drug Stores Market Highlights

Report Name	Turkey Pharmacies and Drug Stores market
Forecast period	2025-2031
Forecast size	USD 10.8 Billion –  USD 14 Billion
CAGR	7.4%
Growing Sector	Healthcare

Topics Covered in the Turkey Pharmacies and Drug Stores Market Report

The Turkey Pharmacies and Drug Stores market report thoroughly covers the market by drug type and by type. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Turkey Pharmacies and Drug Stores Market Size & Analysis

In 2024, the Turkey Pharmacies and Drug Stores market is valued at approximately $ 10.8 billion, with a projected compound annual growth rate (CAGR) of 7.4% over the next five years. Additionally, by 2030, the market is expected to reach around $ 14 billion. The healthcare sector holds significant position in the overall market.

Turkey Pharmacies and Drug Stores Market Synopsis

The Turkish pharmacies and drug stores market is a key segment of the country's healthcare sector, driven by a growing population, increasing prevalence of chronic diseases, and a rising demand for both prescription and over-the-counter medications. With over 25,000 pharmacies operating nationwide, the market is characterized by a combination of independent and chain pharmacies, with companies like Mavi Pharmacy and Acil Pharmacy gaining significant traction. Government initiatives, such as the reimbursement system for pharmaceuticals under the Social Security Institution (SGK), play a crucial role in making medications more affordable for the population. The Turkish market is also seeing a rise in e-pharmacies, which are gaining popularity due to convenience and improved accessibility.

According to 6Wresearch, Turkey Pharmacies and Drug Stores market size is projected to grow at a CAGR of 7.4% during 2025-2031. The growth of the Turkish pharmacies and drug stores market is primarily driven by the country’s aging population, which is increasing the demand for medications related to chronic conditions such as diabetes, hypertension, and cardiovascular diseases. Additionally, the expansion of the healthcare infrastructure, including new hospitals and health facilities, is boosting the need for pharmaceutical products. The government's support through the Social Security Institution (SGK), which provides subsidies for prescription medications, is another key growth driver, making healthcare more affordable for a larger portion of the population. The growing health-consciousness among consumers and the increasing demand for over-the-counter (OTC) products, vitamins, and wellness supplements further support market expansion.

However, the Turkey Pharmacies and Drug Stores industry faces challenges such as inflation and currency fluctuations, which affect the cost of imported pharmaceutical products, thereby impacting the profitability of pharmacies. Regulatory hurdles, such as price controls and reimbursement issues, also pose difficulties for pharmaceutical companies operating in the market. Additionally, the rise of counterfeit drugs and the need for robust safety measures continue to be significant concerns, requiring constant vigilance from both regulators and pharmacies. Despite these challenges, the market’s growth prospects remain strong, driven by advancements in healthcare delivery and an increasing focus on preventive care.

Turkey Pharmacies and Drug Stores Market Trends

• Growth of Online Pharmacies - Increasing adoption of e-pharmacies and digital platforms for prescription orders and home delivery, driven by consumer convenience and accessibility.
• Expansion of Chain Pharmacies - Large pharmacy chains like Migros, Acil Pharmacy, and Mavi Pharmacy continue to grow, offering a wider range of products and services.
• Government Reimbursement Programs - Continued government support for pharmaceutical access through Social Security Institution (SGK) subsidies, enhancing affordability.
• Rising Health Consciousness - Growing consumer demand for wellness products, including vitamins, dietary supplements, and organic medicines.
• Personalized Medicine - Increasing use of personalized healthcare solutions and treatments, driven by advances in biotechnology and pharmacogenomics.
• Telemedicine Integration - The growth of telemedicine is boosting online prescriptions, driving pharmacy demand for digital healthcare services.

Investment Opportunities in the Turkey Pharmacies and Drug Stores Market

• Expansion of Online Pharmacies - Investment in e-commerce platforms for pharmacies, providing online sales, prescription services, and home delivery solutions to tap into the growing digital health trend.
• Pharmacy Chain Growth - Opportunities in establishing or acquiring pharmacy chains, especially in underserved urban and rural areas, to expand market reach and consumer base.
• Healthcare Technology Integration - Investment in pharmacy automation tools, including automated dispensing systems and AI-driven healthcare technologies to improve efficiency and reduce human error.
• Chronic Disease Management Products - Investment in pharmaceutical products focused on chronic disease management, such as diabetes, cardiovascular diseases, and cancer, to cater to the aging population and rising disease prevalence.
• Pharmaceutical Distribution Networks - Opportunities in strengthening the logistics and supply chain infrastructure to streamline pharmaceutical distribution, improve access, and reduce costs.
• Sustainable Products and Practices - Investment in eco-friendly and sustainable pharmaceutical packaging, as well as green pharmacy operations, in response to increasing consumer demand for environmentally-conscious products.
• Private Label and Generic Pharmaceuticals - Investment in generic drug manufacturing or private label pharmaceutical brands to meet demand for cost-effective alternatives to branded medications.

Key Players in the Turkey Pharmacies and Drug Stores Market

Key companies in the Turkish pharmacies and drug stores market include major pharmacy chains like Acil Pharmacy, Mavi Pharmacy, and Migros, which offer a wide range of pharmaceutical products, wellness items, and healthcare services across the country. Farmasi, a leading Turkish cosmetic and pharmaceutical brand, is also a significant player, offering both OTC products and prescription medications. Türkiye Ä°laç ve Serum Sanayi AÅž (TÄ°SS) is one of the prominent pharmaceutical manufacturers in Turkey, producing a variety of drugs, vaccines, and medical products. Additionally, some of these players hold majority of the Turkey Pharmacies and Drug Stores market share.

Moreover, Alkaloid Turkey, a subsidiary of the international pharmaceutical company Alkaloid, contributes to the market with its production of prescription and generic medications. International players such as Sanofi and GlaxoSmithKline also maintain a strong presence, offering a broad portfolio of drugs and vaccines through local partnerships and distribution channels. The rise of online pharmacies like EczaneDükkanı and Hepsiburada is further reshaping the market, providing digital platforms for convenient medication delivery and online consultations. These companies are key drivers of the Turkish pharmaceutical retail sector, addressing both traditional in-store and digital consumer needs.

Government Regulations in the Turkey Pharmacies and Drug Stores Market

The Turkish pharmacies and drug stores market is regulated by several key government bodies to ensure the safety, quality, and accessibility of pharmaceutical products. The Ministry of Health oversees the regulatory framework, with the Turkish Medicines and Medical Devices Agency (TITCK) responsible for approving and regulating drugs, medical devices, and pharmaceutical distribution. The Social Security Institution (SGK) plays a crucial role by subsidizing prescription medications for eligible citizens, which improves access to essential drugs while controlling costs. Pharmacies in Turkey must comply with strict guidelines regarding drug storage, dispensing, and patient safety, and they are required to operate under licenses issued by the Ministry of Health. Price controls are enforced on pharmaceuticals to maintain affordability, while regulations also govern the advertising and marketing of drugs, ensuring that promotional activities adhere to ethical standards.

Further, these initiatives have further boosted the Turkey Pharmacies and Drug Stores market revenues. Furthermore, recent efforts to regulate e-pharmacies are ensuring that online platforms follow the same stringent standards for drug safety and delivery, protecting consumers from counterfeit medications and unauthorized sales.

Future Insights of the Turkey Pharmacies and Drug Stores Market

The future of the Turkish pharmacies and drug stores market looks promising, with continued growth driven by the country's expanding healthcare needs, particularly due to an aging population and a rising prevalence of chronic diseases. As the market becomes more digital, the increasing adoption of online pharmacies and telemedicine services will provide greater accessibility and convenience for consumers. Additionally, advancements in personalized medicine, biotechnology, and the growing medical cannabis sector will open up new opportunities for innovation and treatment options. The government's ongoing commitment to subsidizing pharmaceuticals through the Social Security Institution (SGK) will maintain affordability, while sustainability initiatives, such as eco-friendly packaging and green pharmacy practices, will shape the sector's future. With strong investment in healthcare infrastructure and technology, the market is expected to evolve, enhancing service delivery and patient outcomes, while offering lucrative opportunities for both domestic and international players.

Prescription Drugs Category to Dominate the Market - By Drug Type

According to Ravi Bhandari, Research Head, 6Wresearch, the prescription drugs category in Turkey is experiencing robust growth, driven by an increasing demand for medications related to chronic diseases such as diabetes, cardiovascular conditions, and cancer. With a rapidly aging population and a higher incidence of lifestyle-related health issues, the need for long-term prescription treatments is on the rise. Government support through the Social Security Institution (SGK), which subsidizes a significant portion of drug costs, is making medications more affordable, further driving demand. The Turkish government’s regulatory framework ensures that pharmaceutical products meet high safety standards, fostering consumer confidence. Additionally, advances in biotechnology and personalized medicine, including treatments for rare diseases and cancer therapies, are contributing to the expansion of the prescription drug market. As the healthcare landscape continues to evolve, prescription drugs are expected to remain a core segment of the pharmaceutical market in Turkey.

Hospital Pharmacy to Dominate the Market – By Type

The hospital pharmacy sector in Turkey is seeing steady growth, fueled by the expansion of the healthcare infrastructure, increased hospital construction, and a rise in the number of specialized treatment centers. As the population ages and the prevalence of chronic diseases like diabetes, heart conditions, and cancer grows, hospital pharmacies are playing an increasingly critical role in managing complex medications, particularly in critical care, oncology, and intensive care units. Hospital pharmacies are also benefiting from the integration of advanced technologies, such as automated dispensing systems and electronic health records, which improve medication management, reduce errors, and enhance patient safety. Furthermore, the shift toward personalized medicine, where treatments are tailored to individual genetic profiles, is driving demand for specialized pharmaceutical services in hospitals.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year - 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Turkey Pharmacies and Drug Stores Market Outlook
• Market Size of Turkey Pharmacies and Drug Stores Market, 2024
• Forecast of Turkey Pharmacies and Drug Stores Market, 2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Revenues & Volume for the Period 2021-2031
• Turkey Pharmacies and Drug Stores Market Trend Evolution
• Turkey Pharmacies and Drug Stores Market Drivers and Challenges
• Turkey Pharmacies and Drug Stores Price Trends
• Turkey Pharmacies and Drug Stores Porter's Five Forces
• Turkey Pharmacies and Drug Stores Industry Life Cycle
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Drug Type for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Prescription Drugs for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By OTC Drugs for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By ?Community Pharmacy for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Hospital Pharmacy for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Clinical Pharmacy for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Industrial Pharmacy for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Compounding Pharmacy for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Consulting Pharmacy for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Ambulatory Care Pharmacy for the Period 2021-2031
• Historical Data and Forecast of Turkey Pharmacies and Drug Stores Market Revenues & Volume By Others for the Period 2021-2031
• Turkey Pharmacies and Drug Stores Import Export Trade Statistics
• Market Opportunity Assessment By Drug Type
• Market Opportunity Assessment By Type
• Turkey Pharmacies and Drug Stores Top Companies Market Share
• Turkey Pharmacies and Drug Stores Competitive Benchmarking By Technical and Operational Parameters
• Turkey Pharmacies and Drug Stores Company Profiles
• Turkey Pharmacies and Drug Stores Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Drug Type

• Prescription Drugs
• OTC Drugs

By Type

• Community Pharmacy
• Hospital Pharmacy
• Clinical Pharmacy
• Industrial Pharmacy
• Compounding Pharmacy
• Consulting Pharmacy
• Ambulatory Care Pharmacy
• Others