Business Monitor International


Indonesia Medical Devices Report

Published 12 December 2014

  • 139 pages
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$1,295.00
Indonesia Medical Devices Report

BMI Industry View: The Indonesian medical device market remains one of the fastest growing worl dwide with growth averaging 12.7 % per annum. The best opportunities still remain in and around Java and surrounding areas but healthcare provision in the rural parts of the country remain underdeveloped.

Headline Industry Forecasts

  • The Indonesian medical device market, in US dollar terms, is projected to rise by a CAGR of 12.7%, which should bring it from an estimated US$672.8mn in 2013 to US$1,221.9mn in 2018. Indonesia's projected 2013-2018 CAGR ranks it amongst the top 15 fastest growing markets in the world. By individual product area, the CAGRs are expected to range from 20.3% for diagnostic imaging to 5.9% for other medical devices.

  • The bulk of the Indonesian medical device market is supplied by imports. In US dollar terms, imports grew by 8.4% in 2013 to reach US$647.0mn in 2013. Due to currency exchange fluctuations, growth was largely positive in recent years. Following a 1.4% fall in 2009, imports rose by 37.9% in 2010, 2.1% in 2011 and 21.0% in 2012. In CAGR terms, imports grew by 12.7% from 2008-2013. Latest collated monthly data to March 2014 shows that imports rose by 5.3% to US$624.0mn.

  • In US dollar terms, exports rose by 18.4% to US$326.6mn in 2013. Exports achieved double digit growth rates of 12.1% and 17.1% in 2009 and 2010 respectively before a modest 0.3% rise in 2010, although they rose again by 8.9% in 2012. The CAGR during the 2008-2013 period was 11.2%. Based on latest collated monthly data, exports for the year ending in March 2014 rose by 7.0% to US$315.3mn.

  • Locally-owned domestic production mainly consists of the manufacture of basic items, such as surgical gloves, bandages, orthopaedic aids and hospital furniture but a few local companies, such as DIKAMED and PT Andini Sarana also manufacture more advanced equipment such as ECGs, ultrasound machines and dental machines.

Headline Industry Risk Rewards Ratings

  • Indonesia...

Table of Contents

Espicom Industry View
7
SWOT
9
Medical Device Market
9
Political
10
Economic
12
Business Environment
14
Industry Forecast
15
Medical Device Market Forecast
15
2008-2013 Performance
15
2013-2018 Performance
16
Table: Projected Medical Device Market, 2013-2018
17
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
18
Consumables Market Forecast
21
Bandages & Dressings
21
Suturing Materials
21
Syringes, Needles & Catheters
22
Other Consumables
22
Table: Consumables Market, 2008-2018 (US$mn)
22
Table: Consumables Market, 2008-2018 (US$mn % Change)
23
Diagnostic Imaging Market Forecast
24
Electrodiagnostic Apparatus
24
Radiation Apparatus
25
Imaging Parts & Accessories
25
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
26
Table: Diagnostic Imaging Market, 2008-2018 (US$mn % Change)
27
Dental Products Market Forecast
28
Capital Equipment
28
Instruments & Supplies
29
Table: Dental Products Market, 2008-2018 (US$mn)
29
Table: Dental Products Market, 2008-2018 (US$mn % Change)
30
Orthopaedics & Prosthetics Market Forecast
31
Fixation Devices
31
Artificial Joints
32
Other Artificial Body Parts
32
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
32
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn % Change)
33
Patient Aids Market Forecast
34
Portable Aids
34
Therapeutic Appliances
34
Table: Patient Aids Market, 2008-2018 (US$mn)
35
Table: Patient Aids Market, 2008-2018 (US$mn % Change)
35
Other Medical Devices Market Forecast
36
Table: Other Medical Devices Market, 2008-2018 (US$mn)
37
Table: Other Medical Devices Market, 2008-2018 (US$mn % Change)
38
Annual Medical Device Imports
39
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s)
43
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s % Change)
44
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
45
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s % Change)
46
Table: Top 20 Medical Device Suppliers, 2013 (US$000s)
48
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (US$000s)
49
Table: Detailed Medical Device Import Trends By Product Area, 2013
52
Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (US$000s)
55
Monthly Medical Device Imports
59
Table: Monthly Medical Device Imports By Product Area, May 2011-March 2014 (US$mn)
59
Annual Medical Device Exports
61
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s)
64
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s % Change)
65
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
66
Table: Medical Device Exports by Product Area, 2009-2013 (Local Currency 000s % Change)
67
Table: Top 20 Medical Device Destinations, 2013 (US$000s)
69
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (US$000s)
70
Table: Detailed Medical Device Export Trends By Product Area, 2013
73
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (US$000s)
76
Table: Detailed Medical Device Balance Of Trade, 2009-2013 (US$000s)
79
Monthly Medical Device Exports
82
Table: Monthly Medical Device Exports By Product Area, May 2011-March 2014
82
Macroeconomic Forecasts
85
Export Ban Hits Hard
86
Prabowo Raising The Stakes With Protectionist Stance
87
Mixed Picture For Investment Outlook
88
Table: Economic Activity (Indonesia 2009-2018)
89
Industry Risk Reward Ratings
90
Table: APAC Medical Device Risk/Reward Ratings, Q414
91
Market Overview
92
Medical Device Market Overview
92
Table: Medical Device Market, Key Ratios, 2013
92
Table: Medical Device Market By Product Area, 2013
93
Healthcare Overview
93
Health Status
93
Healthcare System
94
Private Healthcare Providers
95
Healthcare Funding
95
Healthcare Resources
97
Healthcare Personnel
97
Key Healthcare Data
97
Table: Key Healthcare Data, 2008-2013
97
Industry Trends And Developments
100
Industry Trends & Developments
100
Regulatory Development
104
Medical Device Regulations
104
Competent Authority
104
Regulations
104
Competitive Landscape
106
Domestic Medical Device Manufacturing
106
National Medical Device Manufacturers
106
Multinational Medical Device Manufacturers
107
Multinational Market Activity
108
Table: Multinational Market Activity, 2014
108
Medical Device Market Access
109
Distribution
109
Trade Fair
109
Methodology
110
Medical Device Market Methodology
110
Trade Code Classifications
111
Table: Used HS Trade Codes, 2014
111
Table: Rearranged HS Trade Codes, 2014
113
Risk/Reward Ratings Methodology
116
Table: Medical Devices Risk/Reward Ratings Indicators, 2014
117
Sources
118
Contact
119

The Indonesia Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a Business Monitor International (BMI) company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in Indonesia provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Indonesia Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Indonesia, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Indonesia.
  • Target Business Opportunities in the Indonesia Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Indonesia.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View
Provides industry, political and economic views. Briefly analyses the Medical Devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT
SWOT analyses of the Medical Devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts
Evaluates and analyses the Medical Devices market in terms of historical and forecast trends, covering six product areas and 40+ specific product categories. In addition, presents annual and monthly import and export trade data.

Product Areas:

  • Consumables: medical dressings, suturing materials, syringes, needles & catheters, blood-grouping reagents, first-aid boxes & kits, ostomy products and surgical gloves.
  • Diagnostic Imaging: electrocardiographs, ultrasound, MRI, scintigraphic apparatus, other electrodiagnostic apparatus (i.e. patient monitors), CT scanners, other X-ray apparatus, ABC ray apparatus, contrast media, X-ray film, X-ray tubes and other imaging parts & accessories.
  • Dental Products: dental drills, dental chairs, dental X-ray, dental cements, dental instruments and teeth & other fittings.
  • Orthopaedics & Prosthetics: fixation devices, artificial joints and other artificial body parts.
  • Patient Aids: hearing aids, pacemakers, other portable aids (i.e. stents), mechano-therapy apparatus and therapeutic respiration apparatus.
  • Other Medical Devices: wheelchairs, ophthalmic instruments, hospital furniture, medical/surgical sterilisers, UV/IF apparatus, blood pressure monitors, endoscopy monitors, dialysis apparatus, transfusion apparatus and anaesthesia apparatus.

Macroeconomic Forecasts
Presents macroeconomic forecasts impacting the Medical Devices market.

Industry Risk Rewards Rankings
Industry Risk Rewards Rankings (IRRR) tool, which provides a globally comparative and numerically based assessment of the Medical Devices market’s attractiveness.

Market Overview
Assesses the Medical Devices market in the current year. Additionally, covers healthcare intelligence affecting the market, including healthcare organisation, healthcare developments and health expenditure. Includes historical healthcare data, in terms of health status, health expenditure, health infrastructure, health services and health personnel.

Industry Trends & Developments
Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory Developments
Focuses on the latest regulatory developments, covering the competent authority, the latest regulations and marketing registrations. Also, reviews key pricing & reimbursement measures.

Competitive Landscape
Values historical Medical Devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc