Indonesia's medical imaging market to grow at 6.12% CAGR by 2030
One key driver is an increase in government-led initiatives.
Indonesia’s medical imaging market is projected to reach $567.5m by 2030 at a compound annual growth rate (CAGR) of 6.12%, said Research and Markets.
The report revealed that the sector’s growth is primarily attributed to notable technological advancements, increased expenditure, and government initiatives focused on healthcare infrastructure and improved medical services access.
A key example is the Health Ministry's January expansion of Heart Stroke, Cancer, and Uronephrology (KJSU) services, which included distributing advanced medical equipment to hospitals affiliated with the National Police (Polri), Indonesian Defense Forces (TNI), and universities.
However, the country’s physician-to-population ratio poses a challenge to the market’s further expansion.
“This ratio is three times lower compared to East Asia and the Pacific region,” the report said.
Moreover, the disparity is pronounced in rural areas, where 42% of the population resides and where access to healthcare professionals is significantly limited.