Indonesia Medical Device Market is Expected to Reach USD 5.0 Billion by 2022: Ken Research

Indonesia medical device market segment (by type of medical device, by type of medical consumables, by end user and by procurement), competitive landscape of major medical device market manufacturers/ distributors covering company profile of Indo Health Medical, PT Andini Sarana, PT Trimitra Garmedindo Interbuana, PT Mega Andalan Kalasan, GE Healthcare, Siemens, Indonesia, Philips, Indonesia, Samsung, Hitachi, PT Mensa Bina Sukses, PT Transmedic Indonesia, PT Surgika Alkesindo, PT Daya Inti Kurnia Abadi, and Citra Medika Lestari. The report concludes with market projection for future highlighting the major opportunities and cautions.

• Indonesia Medical device market is almost entirely import driven. The local companies manufacturing is restricted to production of medical consumables and hospital furniture whereas sophisticated medical devices such as diagnostic imaging devices, dental products, orthopedic implants and others are majorly imported from USA, Germany, the Netherlands and Japan

Indonesia Healthcare market will be facilitated by the rising number of healthcare providers coupled with elevating prevalence of chronic diseases such as diabetes, HIV, Tuberculosis and others. More than 35,000 new beds are likely to be added in Indonesia by 2020.

Prevalence of cardiovascular and oncology diseases coupled with the rising geriatric population base is expected to drive the market for diagnostic imaging products in Indonesia in 2022. Further, investment by international companies along with investment in medical research will bring in advanced devices for better quality of services. The market will witness growing acceptance of 3D imaging techniques among the radiologists and surgeons owing to the benefits such as instrumental manifestations which is not possible with 2D imaging. The imports will increase as demand for advanced clinical laboratory and diagnostics equipment increases which depend heavily on the incidence of diseases related to circulatory problems, diabetes, infections, parasites, and respiratory problems. The government plans to equip community health centers with inpatient facilities and improve their quality of services throughout 34 provinces. This will create further demand for diagnostic imaging devices, auxiliary devices, medical consumables and orthopedic implants in the country. Aging population is going to impact the demand for orthopedic products and implants and assistive devices market in the positive manner. Rising number of geriatric population will complain about various orthopedic disorders such as arthritis, and osteoporosis, which will subsequently lead to more number of orthopedic procedures, hence elevating the market.
Growing demand for home-use medical devices, expansion of healthcare facilities coupled with rising prevalence of lifestyle and chronic diseases will propel the Indonesia medical device market revenue in future.

Ken Research in its latest study, “Indonesia Medical Devices Market Outlook to 2022 - By Medical Consumable Products, Diagnostic Imaging Products, Auxiliary Devices, Orthopedic Implants, Dental Products, Aesthetic Devices, By Imports & Domestic Production”, suggests that demand for medical devices in the market will continue to grow in Indonesia owing to technology advancements and rising number of hospitals and other healthcare facilities.

For more information on the research report, refer to below link:
https://www.kenresearch.com/healthcare/medical-devices/indonesia-medical-devices-market/143545-91.html

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