Market Share of Major Players in Indonesia Clinical Laboratory Market: Ken Research

Implementation of JKN (National Health Insurance System) by the government, expansion of major laboratory chains, improving margins and technology advancements were the key factors driving growth in Indonesia clinical laboratory Market.

Indonesia healthcare market has shown a positive incline during 2012-2017 but with respect to the expanding population of Indonesia, the market is still underserved especially in the underdeveloped and rural areas as of 2017.

Greater Universal Health Coverage has increased accessibility to healthcare services, leading to a rising number of the population seeking treatment and thereby increasing laboratory testing. The UHC scheme has increased the demand for basic and specialized testing. Since public clinical labs are not equipped with the technology for specialized testing, such tests have been outsourced to private independent laboratories.

Private independent laboratories has been supported through an increase in the number of clinical laboratories country-wide and by offering test packages capturing demand from different customer segments. Furthermore, the private laboratories are equipped with modern equipments and technology to perform specialized tests such as microbiology, anatomical pathology and esoteric tests.

The increase in number of healthcare facilities has facilitated the growth of referrals and tie ups between hospitals and clinical laboratories. Majority of the private independent labs are located in Java and Sumatra. Further, the laboratory infrastructure model has gained prominence in Indonesia amongst large class A and B hospitals as more hospitals have upgraded their laboratory capabilities and their hospital class due to JKN.

Technological advancements coupled with growing prevalence of lifestyle diseases will propel the market for clinical laboratory services in Indonesia

The report titled “Indonesia Clinical Laboratory Market Outlook to 2022 – By Type (Public Clinical Lab, Private Hospital Labs and Private Independent Labs), By Type of Test (Routine, Non Laboratory and Esoteric)” by Ken Research suggested a growth at a CAGR of 11.5% in revenue in Indonesia clinical laboratory Market by 2022.

Keywords

Healthcare Market Size Indonesia

Clinical Laboratory Market Size Indonesia

Number of Public Clinical Labs Indonesia

Number of Private Hospital Labs Indonesia

Number of Private Independent Labs Indonesia

Indonesia Clinical Laboratory value Chain

Market Share of Major Players in Indonesia Clinical Laboratory Market

Number of Lab Tests in Indonesia

Major Laboratory Chains in Indonesia