Indonesia Diagnostic Labs Market to reach USD 3177.31 Million by 2027
The growing prevalence of
various communicable and non-communicable diseases is expected to drive the
growth of Indonesia diagnostic labs market.
According to TechSci Research report, “Indonesia Diagnostic Labs Market- By Region, Competition, Forecast & Opportunities,
2017-2027F”, the Indonesia diagnostic labs market stood at USD 1997.95 Million in 2021 and is
expected to grow at a CAGR of 7.84% during the forecast period. This can be
attributed to the growing demand for different clinical laboratory tests to
diagnose and treat different types of diseases. Additionally, increasing
advancements in the existing diagnostic procedures also drive the market.
Furthermore, increasing digitalization across the diagnostics industry will
create lucrative opportunities for overall market growth in the upcoming years.
However, the absence of skilled professionals to carry on different diagnostic
tests, handle samples, equipment & reagents and interpret the different test diagnostic results can
hamper the market growth during the forecast period.
Browse over 19 market
data Figures spread through 70 Pages and an in-depth TOC on "INDONESIA DIAGNOSTIC LABS MARKET"
The Indonesia diagnostic
labs market is segmented into provider type, test type, end-user, region, and
by company. Based on provider type,
the market can be split among hospital based diagnostic labs, diagnostic chains,
and stand-alone diagnostic labs. The diagnostic chains segment is expected to
register the highest growth of around 8.74% during the forecast period on
account of the widespread proliferation of different diagnostic chains across
different regions in Indonesia.
Based on the end user,
the market is divided into referrals, walk-ins, corporate clients. Walk-ins
based end user dominate the market in 2021 with an overall market share of
around 45.29% account of growing healthcare awareness among the population in
Indonesia.
The
leading companies operating in the Indonesia diagnostic labs market are:
- Laboratorium
Klinik CITO Indraprasta Semarang (CITO)
- Bio Medika
Laboratorium Klink Utama
- Prodia Clinical
Laboratory
- PT Kimia Farma
Diagnostika
- Pramita Lab
- Laboratorium
Parahita Diagnostic Center
- PT Indec
Diagnostics
- Klinik &
Laboratorium Klinik Ultra Medica
- PT Prima Medika
Laboratories
- Laboratorium
Klinik ABC Pusat
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Various companies operating in the
Indonesia diagnostic labs market are expanding across different regions to
increase their presence and sales. These companies have also introduced
different promotional offers, launching strategies, and advertising strategies
to meet the competition in the market.
“An accurate and precise diagnosis is
the key to effectively managing and controlling any communicable and
non-communicable disease. The growing prevalence of different diseases
increases the demand for diagnostic labs in Indonesia. The diagnostic labs market
witnessed a big setback during the pandemic and was highly burdened. Thus, the
government of Indonesia and the different diagnostic testing service providers
focus on improvising the overall diagnostic labs scenario across the country.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
“Indonesia Diagnostic
Labs Market Provider Type (Hospital Based Diagnostic Labs, Diagnostic Chains,
Stand Alone Diagnostic Labs), By Test Type (Pathology v/s Radiology), By End
User (Walk-ins, Referrals, Corporate Clients), By Region, Competition, Forecast
& Opportunities, 2017-2027F”, has evaluated the future growth potential of Indonesia diagnostic
labs market and provides statistics & information on market size, structure,
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Indonesia diagnostic labs
market.
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