Report Published: "Indonesia Pharmaceuticals & Healthcare Report Q3 2016"

From: Fast Market Research, Inc.
Published: Mon May 23 2016

The Indonesian medical landscape will see a larger presence of private healthcare providers over medium term. Underpinning this expansion is the robust prospects for the industry, with the introduction of a Coordination of Benefits scheme allowing patients to supplement their coverage under the universal healthcare programme with private insurance. In addition, private firms will be able to fill the gap in Indonesia's medical system which continues to suffer from the uneven distribution of resources. For pharmaceutical firms, this has the potential to facilitate a shift in patient flow away from public hospitals, which will require companies to adapt their marketing strategies.Headline Expenditure ProjectionsPharmaceuticals: IDR77.6trn (USD5.8bn) in 2015 to IDR85.6trn (USD6.0bn) in 2016; +10.2% growth in local currency terms and +3.3% in US dollar terms.

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