The Global Indonesia Hospital Sector Market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Indonesia has a decentralized system for healthcare and involves private and public institutions. This includes planning process from top to bottom with involvement from local agencies and communities. Hospital market is one of the major segments of Indonesians healthcare industry, which is classified into two sectors, public and private sector. Hospitals market can also be divided based on services provided by them, which are, general and specialty. The hospitals are divided into different classes based on facilities provided by them, which are, class A, class B, class C and class D.
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Increase in private hospitals contributed significantly in the growth of hospital market due to rise in specialized medical services and increased spending on healthcare. High quality of healthcare and less waiting time are the factors contributing to the growth of private hospitals beds. With increasing healthcare development, the number of hospitals and health staff is also increasing.
In Indonesia, hospital market of Jakarta grew significantly with increasing urbanization and population growth. Makulu Papua NT was the province with lowest number of hospitals with lowest population in this region. Due to uneven geographical distribution, mostly doctors remained concentrated in urban areas.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The hospital market of Indonesia is expected to grow in future with increasing ageing population, rise in health care expenditure, increasing lifestyle related diseases and growth of middle class income. Key trends of this market include rise in private hospitals, implementation of universal health programme and increase in chronic diseases. However, there are certain factors which can hinder growth of hospital market including lack of specialized health personnel, competition from foreign and domestic hospitals, complications in expansion procedure and technology and IT advancement.
The report Global Indonesia Hospital Sector Market: Industry Analysis & Outlook (2017-2021) by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering the U.S., and Europe region along with the global market. The report profiles the key players of the market including Johnson & Johnson, Medtronic plc, Abbott Laboratories and DexCom Inc.
The report Indonesia Hospital Sector Report: 2017 Edition by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering Jakarta and Sumatra region. The report profiles the key players of the market including Mitra Kelurga Hospital Group, PT Siloam International Hospital Tbk and PT Sarana Meditama Metropolitan Tbk.
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