Market Share Medical Device Indonesia, Competition Orthopedic Devices Indonesia: Ken Research

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Indonesia Medical Devices Market Research Report
Ken Research
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The report titled 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 provides information on 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 manufacturers and distributors
including 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 Overview Indonesia Medical
device revenue increased from USD billion in
2012 to USD billion in 2017 at a CAGR of .
The market is in the growing stage with rise in
number of foreign players. The market is almost
entirely import driven.
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There were medical device distributors and
medical device production units in Indonesia as
of 2015. The growing number of hospitals or other
health centers in Indonesia has led to the rising
demand for medical equipment. Indonesia medical
device market is highly regulated with stringent
import regulations even though it heavily relies
on imports. This is due to lack of established
local manufacturer. The demand has increased
majorly for diagnostic imaging, medical
consumables, aesthetic, orthopedic and dental
products. This is driven by increased healthcare
spending and rising awareness about different
treatment methods. Indonesia Medical Device
Market Segmentation By Type of Medical Device
Diagnostic imaging products have accounted for
the largest share of of the revenue share in
Indonesia Medical Devices market in 2017. This is
followed by medical consumable product with ,
aesthetic devices with , auxiliary devices with
, dental products with 4.8 and orthopedic
implants with . Others which include Point of
Care Testing devices, radiation oncology devices,
therapy system and testing and measurement
systems have accounted for of the overall
market revenue.
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By End Users Hospitals both public and private
are the major end users of medical devices and
have accounted for of the revenue in Indonesia
Medical devices market in 2017. The medical
clinics and Laboratories and other healthcare
institutions together have contributed of the
revenue. By Procurement Imports have accounted
for of the revenue share in Indonesia Medical
Device Market in 2017. The imports are largely
related to more sophisticated medical and
surgical instruments and infrastructure. The
share of local companies in the market revenue
has increased from in 2014 to in 2017. By
Type of Medical Consumables Syringes, Needles
and Catheters have accounted for the major share
of in the Indonesia medical consumables market
in 2017. Bandages and dressings have accounted
for the second largest share of in the medical
consumables market. Suturing materials have
contributed to the revenue share. Ostomy
products have accounted for of the market and
other consumables registered of the revenue
share.   Competitive Landscape of Indonesia
Medical Device Market The medical devices market
is dominated by imports.
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The domestic manufacturers mainly focus on
medical consumables whereas sophisticated medical
devices such as diagnostic imaging devices,
dental products, orthopedic implanst and others
are majorly imported from USA, Germany, the
Netherlands and Japan. The major competitive
parameters in Indonesia medical devices market
include product portfolio, price, distribution
network, after sales services and additional
services. The major local manufacturers include
Indo Health Medical, PT Andini Sarana, PT
Trimitra Garmedindo Interbuana, PT Mega Andalan
Kalasan and Citra Medika Lestari. The
international companies distribute their products
through authorized distributors located across
Indonesia. The major international players
include GE Healthcare, Siemens, Philips, Samsung
and Hitachi. Major distributors include PT Mensa
Bina Sukses, PT Transmedic Indonesia, PT Surgika
Alkesindo and PT Daya Inti Kurnia
Abadi.   Indonesia Medical Devices Market Future
Potential The market is estimated to reach USD
million at a CAGR of during 2017-2022. The
medical devices market in the Indonesia is
expected to grow at a healthy pace owing to the
surge in the number of healthcare providers in
the country.
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With the implementation of JKN by the government,
the demand for medical devices will increase as
increasing number of hospitals require advanced
devices to improve the quality of service. The
implementation of e-catalogue of medical device
procurement will lead to regulation of prices and
reduce bureaucracy in distribution of medical
devices in the country. In addition to this, the
e-registration portal will fasten the process of
registering the medical devices with the
government. A shift towards more advanced medical
equipment in the country, the expansion of
private healthcare providers, increased
government spending on healthcare and
infrastructure development projects will drive
growth in the long term. Key Topics Covered in
the Report   Medical Device Market
Indonesia Medical Consumables Market
Indonesia Type of Medical Devices
Indonesia Medical Device Imports
Indonesia Medical Device Future Trends
Indonesia Trends Indonesia Medical Device
Industry
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Medical Devices Imports Indonesia Major Medical
Device Manufacturers Indonesia Major Medical
Device Distributors Indonesia Major International
Companies Medical Device Indonesia Medical Device
Competition Parameters Number of Medical Device
Distributors in Indonesia Type of Medical
Consumables in Indonesia Medical Device
Procurement Indonesia Orthopedic Equipment Market
Indonesia Diagnostic Imaging Industry
Indonesia Medical Consumable Sales
Indonesia Dental Devices Market
Indonesia Competition Orthopedic Devices
Indonesia Market Share Medical Device
Indonesia Future Indonesia Medical
Device Domestic Sales Medical Devices
Indonesia Imported Medical Devices
Indonesia Woundcare Market Indonesia Syringes,
Needles Sales Indonesia
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Bandage and Dressings Revenue Indonesia Suturing
Materials Market Indonesia Ostomy Products Sales
Indonesia   For more information on the research
report, refer to below link   https//www.kenres
earch.com/healthcare/medical-devices/indonesia-med
ical-devices-market/143545-91.html   Related
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Contact Us Ken ResearchAnkur Gupta, Head
Marketing CommunicationsAnkur_at_kenresearch.com
91-9015378249