PUBLISHER: Grand View Research | PRODUCT CODE: 1493324
PUBLISHER: Grand View Research | PRODUCT CODE: 1493324
The Indonesia medical imaging market size is anticipated to reach USD 567.5 million by 2030 and is projected to grow at the CAGR of 6.12% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing technological advancements, increased healthcare expenditure and government reimbursement initiatives, and establishment of new facilities by market players in the country are expected to drive the market growth.
The government of Indonesia has been taking some major initiatives to improve the healthcare infrastructure in the country and improve people's accessibility to these facilities, which is expected to drive the demand for medical imaging in the country. For instance, in January 2024, the Health Ministry in Indonesia expanded its Heart Stroke, Cancer, and Uronephrology (KJSU) services, including medical equipment to hospitals of National Police (Polri), Indonesian Defense Forces (TNI), and universities to help in improving access and quality of healthcare facilities in the country. Such initiatives are likely to help foster the market growth.
Despite advancements in technology and the growing use of sophisticated imaging tools, Indonesia confronts a substantial challenge regarding its physician-to-population ratio. This ratio is three times lower compared to East Asia and the Pacific region. This issue notably impacts 42% of the Indonesian population living in rural areas, where access to healthcare professionals is comparatively limited.