Press Release

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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