Indonesia Healthcare Market on the Basis of Revenue is Expected to Reach USD 32 Billion by 2022: Ken Research
GURUGRAM, India, March 15, 2018 /PRNewswire/ --
The number of beds increased in specialty hospitals from 27,664 beds in the year 2012 to 35,120 beds in the year 2015.
In the long term, the pharmaceutical industry will witness an increase in demand for nutrition and micronutrient supplements due to growing prevalence of lifestyle diseases such as obesity and malnutrition.
The esoteric tests segment is expected to register a high growth in the future.
The demand for clinical laboratory and diagnostics equipment has increased due to prevalence of diseases related to circulatory problems, diabetes, infections, parasites, and respiratory problems.
Indonesia healthcare market has shown a positive growth during 2012-2017 at a CAGR of 10.0% but with respect to the expanding population of Indonesia, the market is still underserved especially in the underdeveloped and rural areas as of 2017.
Increase in private hospitals contributed significantly in the growth of hospital market due to rise in specialized medical services and increased spending on healthcare. For instance, number of mother and child hospitals has increased from 169 in 2012 to 178 in 2015. Major hospitals in Indonesia are PT Mitra Keluarga Karyasehat Tbk, Sarana Meditama, Siloam Hospitals and PT Sejahteraraya Anugrahjaya
Indonesia Pharmaceutical market revenue has grown at a CAGR of 11.7% in the last 5 years. The market is primarily driven by government's economic and healthcare initiatives with respect to FDI regulations which have facilitated foreign investment in this space. Anti-infective drug has the largest share in Indonesia Pharmaceutical industry revenue in 2017. This is mainly due to high prevalence of bacterial, viral and communicable diseases. Bayer AG, Kalbe Farma Tbk PT, Tempo Scan Pacific Tbk PT, Sido Muncul PT, Darya-Varia Group are the leading players in Indonesia Vitamin and Dietary Supplements market in 2017.
The advanced medical devices are imported from countries such as Germany, US, China, Japan and Singapore. The import value for medical devices has doubled itself in last 2 years. Local companies majorly deal in surgical gloves, bandages, hospital hollowwares and other equipments. The diagnostic imaging devices have accounted for the largest proportion of the total demand in 2017 driven by the growing awareness among people about early disease diagnosis and a high number of ongoing research activities. X-ray segment has dominated the market which is a cost effective diagnostic technique. Diagnostic imaging techniques - ultrasound is the most frequently used procedure, followed by X-ray, CT, MRI, and nuclear medicine.
The major private laboratory chains have expanded their operations in terms of capacity and geographic presence. The largest private laboratory chain, Prodia established 9 new labs during 2012 to 2017. Prodia's number of clinical laboratory increased from 120 in 2012 to 129 in 2017. Precision medicine is an emerging approach for disease treatment and prevention that takes into account an individual's genetic history, environment and lifestyle during treatment. Precision medicine can be successfully implemented with the availability of diagnostic information, such as individual gene sequencing.
A major factor behind the rising number of pharmacies is the growth of prescription sales driven by an aging population and a range of new drugs. Independent pharmacies have also added value with specialty services. This includes free home delivery, after sale services for medical equipment and medication synchronization and counseling, especially for more complex drugs like the biologics.
Indonesia Healthcare Industry Market Future Outlook and Projections
Indonesia Hospital Market Size
Market Segmentation
By Public and Private Hospitals
By General and Specialty Hospitals
By Region
Business Model for Indonesia Hospital Market
Major Hospital Projects in Indonesia Hospital Market
Competitive Landscape of Major Hospital Chains in Indonesia Hospital Market
Mitra Keluarga Karyasehat Tbk PT
Siloam Hospitals
PT Sejahteraraya Anugrahjaya
Sarana Meditama
Rumah Sakit Pondok Indah
Surya Husadha General Hospital
Jakarta Eye Center
Indonesia Hospitals Future Outlook and Projections by Revenue
Indonesia Pharmaceutical Market Size
Indonesia Pharmaceutical Market Segmentation
By Therapeutic Segments (Anti-Infectives, Gastrointestinal and Metabolism, Cardiovascular System, Central Nervous System, Respiratory, Musculoskeletal, Dermatology, Genitourinary and Hormones, Blood, Oncology and Others)
Vitamins and Dietary Supplements Market
By Domestic and International Players
By Generic and Patented Drug
By OTC and Prescription Drugs
By Domestic Sales and Exports
By Region (West Java, East Java, Central Java, Jakarta and Others)
Indonesia Biopharmaceutical Industry Snapshot
Snapshot on Indonesia Vaccine Market
Market Share of Major Players in Indonesia Pharmaceutical Market
PT Kalbe Farma
PT Sanbe Farma
PT SOHO Global Health
PT Dexa Medica
PT Pharos
PT Kimia Farma
PT Tempo Scan Pacific Tbk
PT Merck Tbk
Indonesia Pharmaceutical Market Future Outlook and Projections
By Therapeutic Segments (Anti Infectives, Gastrointestinal and Metabolism, Cardiovascular System, Central Nervous System, Respiratory, Musculoskeletal, Dermatology, Genitourinary and Hormones, Blood, Oncology and Others)
By Generic and Patent Drugs
Indonesia Pharmacy Retail Market Size
Indonesia Pharmacy Retail Market Segmentation
By Pharmacies and Drugstores
By Region on the basis of Number of Pharmacies and Drugstores (Central Java, East Java, West Java, North Sumatra, Jakarta and Others)
Competitive Landscape of Major Organized Pharmacy Chains in Indonesia
Guardian Pharmacy
Kimia Farma
Apotek K-24
AS Watsons group
Indonesia Pharmacy Retail Market Future Outlook and Projections
By Pharmacies and Drugstores
Indonesia Clinical Laboratory Market Size
Indonesia Clinical Laboratory Market Segmentation
By Type of Laboratory (Public Clinical Lab, Private Hospital Labs and Private Independent Labs)
Indonesia Private Independent Laboratory Market Segmentation
By Type of Private Independent Laboratory (Laboratory Chains and Single Independent Laboratory)
By Type of Customer (Doctor Referrals, Walk-Ins, Corporate Clients and External Referrals)
By Payer (Private Health Insurance, Corporate, Out of Pocket and BPJS)
By Type of Test (Routine, Non Laboratory and Esoteric)
By Region
Competitive Landscape of Major Organized Diagnostics Labs in Indonesia
Prodia
Kimia Farma Diagnostika
Pramita
Cito
BioMedika
Parahita
Indonesia Clinical Laboratory Market Future Outlook and Projections
By Type of Private Independent Laboratory (Laboratory Chains and Single Independent Laboratory)
By Type of Test (Routine, Non Laboratory and Esoteric)
Indonesia Medical Devices Market Size
Indonesia Medical Devices Market Segmentation
By Type of Medical Devices (Medical consumable Products, Diagnostic Imaging Products, Auxiliary Devices, Orthopedic Implants, Dental Products, Aesthetic Devices and Others)
By Type of Medical Consumables (Syringes, Needles, Catheters, Bandages, Dressings, Suturing materials, Ostomy Products and Others
By End Users (Hospitals, Clinics and Others)
By Procurement (Imports and Domestic Production)
Competitive Landscape of Major Players in Indonesia Medical Devices Market
Major Local Manufacturers
Major International Companies
GE Healthcare, Indonesia
Siemens, Indonesia
Philips, Indonesia
Major Local Distributors
PT Mensa Binasukses, Indonesia
PT Transmedic Indonesia
Overview for Other Major Local Distributors (PT Surgika Alkesindo, PT Daya Inti Kurnia Abadi)
Indonesia Medical Devices Market Future Outlook and Projections
By Type of Medical Devices (Medical consumable Products, Diagnostic Imaging Products, Auxiliary Devices, Orthopedic Implants, Dental Products, Aesthetic Devices and Others)
By Procurement (Imports and Domestic Production)
For more information on the research report, refer to below link:
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