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New Market Report: The Medical Device Market: Indonesia

Recently published research from Espicom Business Intelligence, "The Medical Device Market: Indonesia", is now available at Fast Market Research

 

Boston, MA -- (ReleaseWire) -- 04/09/2014 -- Healthcare expenditure is low, estimated at around US$24.9bn in 2013; just over a third of this is publicly funded. The country continues to rely on international aid. Despite the present administration placing more emphasis on healthcare, funding, insufficient numbers of health professionals and bureaucratic problems are hampering development.

In December 2012, the Ministry of Health (MoH) launched e-Regalkes or the Medical Device Registration and Household Health Supplies platform to improve the process of licensing medical devices in Indonesia. The e-Regalkes will be accessed via the Indonesia National Single Window (INSW) website.

There is a marked disparity in the standard of healthcare between rural and urban areas. The capital city Jakarta enjoys relatively good levels of primary care as well as a range of modern private specialist facilities, while healthcare coverage in remote regions tends to be insufficient.

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The bulk of the Indonesian medical device market is supplied by imports (an estimated 97.2% in 2013). In 2011, imports rose by 2.1% over the previous year to US$493.3mn, in US dollar terms. Despite this slowdown in 2011, imports grew at a CAGR of 25.6% in the 2007-2011 period.

PROVIDING STRATEGIC MARKET ANALYSIS EVERY MONTH
Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the medical equipment market in context. The reports provide:

Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
Information on regulation, distribution and market access, including Espicom's unique distributor directory
Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market

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At no additional cost, all customers get access to Espicom Interactive. This advanced online service is easy-to-use and contains practical and valuable tools which will save you hours of time and effort.

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WITH THIS MARKET REPORT YOU CAN

Evaluate the potential of the market
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