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Medical Devices Market in Indonesia Remains Underdeveloped

Posted on: Monday, 13 November 2006, 03:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c44998) has announced the addition of Espicom Business Intelligence's new report: The Medical Device Market: Indonesia to their offering.

Indonesia remains one of the poorest countries in South East Asia, lagging behind in many areas of healthcare provision and the major recession experienced in 1998 as a part of the Asian crisis still affects economic prospects. Government funding is low and the country continues to rely on international aid. An unstable political environment, tarnished by corruption has made healthcare reform somewhat of an afterthought. The capital city, Jakarta, enjoys relatively good levels of primary care as well as a range of modern private specialist facilities, while healthcare coverage in remote regions tends to be insufficient.

Indonesia only produces a small number of low-tech medical items, such as surgical gloves, bandages, orthopaedic aids and hospital furniture and most medical goods have to be imported. Indonesia is a base for export trade, with the increased presence of multinational manufacturers.

The appointment of a local agent in Indonesia is highly desirable, although direct selling is possible in the private sector. End-users will expect to deal with a local firm, usually a sole agent. A local agent is essential for selling to the Indonesian government, whether it be the Ministry of Health, the armed forces or another state organisation. Agents in Indonesia tend not to specialise, preferring to stock a wide range of products. For this reason, close personal contact and supervision is essential. Although Indonesia is a large country, much of the market will be easily accessible from Jakarta, since this is where most opportunities will exist.

Prior to 1997, only Indonesian-owned companies were allowed to undertake import/export activities, wholesaling or retailing. Overseas companies are now allowed to engage in wholesaling activities, provided they first obtain a licence. In 1998, this relaxation was extended to the retailing of goods by foreign companies. It should be noted, however, that foreign companies are not allowed to both distribute and retail their products. Restrictions on the import and export of products still apply.

These in-depth medical device market reports are ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.

1. Executive Summary

2. Medical Device Market

3. Key National Data Projections

4. Geography

5. Political Overview

6. Economic Overview

7. Population

8. Demographic Indicators

9. Mortality

10. Morbidity

11. Organisation & Administration

12. Health Expenditure

13. Hospital Services

14. Ambulatory Care

15. Medical Personnel

16. Regulatory Environment

17. Trade Fairs

18. Distributors

19. Medical Device Imports

20. Domestic Production

21. Directory

For more information visit http://www.researchandmarkets.com/reports/c44998

Source: Espicom Business Intelligence

Source: Business Wire

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