Market Forecast By Type (Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems), By Device Display (Color Ultrasound Devices, Black & White (B/W) Ultrasound Devices), By Device Portabilty (Trolley/Cart-Based Ultrasound Devices, Compact/Handheld Ultrasound Devices), By Application (Radiology/General Imaging, Obstetrics/Gynaecology, Cardiology, Urology, Vascular, Others) And Competitive Landscape
Product Code: ETC062807 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Ultrasound Devices market currently, in 2023, has witnessed an HHI of 2899, Which has increased slightly as compared to the HHI of 2315 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Indonesia Ultrasound Devices Market |
Forecast period | 2024-2030 |
CAGR | 6.6% |
Growing Sector | Healthcare |
The Indonesia Ultrasound Devices Market Report thoroughly covers the market by type, device display, device portability, and application. The Indonesia Ultrasound Devices Market Outlook report provides an unbiased and detailed analysis of the ongoing India Commercial Kitchen Appliances Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Indonesia Ultrasound Devices Market has been growing prominently and is anticipated to rise more in the future. Some of the main causes driving demand for ultrasound equipment include the rising number of people suffering from various diseases, including cancer and cardiovascular disorders, as well as the nation's ageing population. Additionally, physicians are becoming more receptive to advanced imaging methods like ultrasonography due to growing public awareness of the need for early diagnosis and treatment of chronic diseases.
According to 6Wresearch, Indonesia Ultrasound Devices Market size is projected to rise at a CAGR of 6.6% during 2024-2030. The market for ultrasound devices is growing due to several important factors. First off, the resolution, clarity, and versatility of imaging have all improved as a result of the ongoing advancements in ultrasonography technology. Ultrasound machines are becoming indispensable diagnostic tools for many medical specialities thanks to advancements in transducer design, imaging algorithms, and software. Second, the popularity of portable and handheld ultrasound devices has been boosted by the increase in the need for point-of-care imaging and quick diagnostics. These little gadgets allow for faster decision-making and patient care by providing real-time imaging at the patient's bedside, in emergencies, or remote locations.
The market for ultrasonic measurement equipment still has obstacles despite the positive outlook. The high expense of sophisticated technology and the dearth of qualified personnel to operate and interpret ultrasonography pictures could impede market expansion. Nonetheless, these obstacles should be solved in the future by further research and development efforts to advance technology and cut expenses.
Numerous domestic and foreign companies are present in the Indonesian ultrasound device market. Important market participants consist of Canon Medical Systems Corporation FUJIFILM Sonosite Inc. GE Healthcare Ltd. Hologic Inc. Koninklijke Philips N V. Samsung Medison Co LtdSiemens Healthineers AGShenzhen Mindray BioMedical Electronics. These players have been helping in the Indonesia Ultrasound Devices Market growth.
With its fourth-highest population in the world, Indonesia presents a significant opportunity for medical equipment and device exporters. Indonesia still depends on imported cutting-edge medical devices even after the government imposed import levies and local content criteria. More advanced and contemporary medical equipment is in demand as a result of growing public awareness of the value of healthcare, the growth of both public and private hospitals, and the introduction of Indonesia's "BPJS-Kesehatan" public health insurance programme in 2014. As of July 2023, 258.2 million people roughly 90.34% of Indonesia's total population—were members of the organisation. Advanced medical equipment will be in more demand as a result of this programme, and medical equipment makers should seize this opportunity.
It is anticipated that there will be a rise in the need for ultrasound equipment across several medical disciplines, including urology, cardiology, and gynaecology. The market is also being driven by a shift towards minimally invasive procedures, an increase in the geriatric population, and the introduction of cutting-edge features like 3D and 4D imaging. In addition, the market is growing as a result of rising healthcare spending and expanding healthcare infrastructure in developing nations.
According to Ravi Bhandari, Research Head, 6Wresearch, color ultrasound devices have become increasingly popular due to their ability to provide high-quality images and advanced features such as Doppler imaging, 3D/4D imaging, and elastography.
The application segment of radiology/general imaging dominates the Indonesia ultrasound devices market, accounting for the largest share in terms of revenue. This is due to the wide range of applications of ultrasound devices in this field, such as diagnosis and monitoring of various medical conditions, including tumors, cysts, and infections.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Ultrasound Devices Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Ultrasound Devices Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Ultrasound Devices Market - Industry Life Cycle |
3.4 Indonesia Ultrasound Devices Market - Porter's Five Forces |
3.5 Indonesia Ultrasound Devices Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Indonesia Ultrasound Devices Market Revenues & Volume Share, By Device Display, 2020 & 2030F |
3.7 Indonesia Ultrasound Devices Market Revenues & Volume Share, By Device Portabilty, 2020 & 2030F |
3.8 Indonesia Ultrasound Devices Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Indonesia Ultrasound Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Ultrasound Devices Market Trends |
6 Indonesia Ultrasound Devices Market, By Types |
6.1 Indonesia Ultrasound Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Ultrasound Devices Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Indonesia Ultrasound Devices Market Revenues & Volume, By Diagnostic Ultrasound Systems, 2020-2030F |
6.1.4 Indonesia Ultrasound Devices Market Revenues & Volume, By Therapeutic Ultrasound Systems, 2020-2030F |
6.2 Indonesia Ultrasound Devices Market, By Device Display |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Ultrasound Devices Market Revenues & Volume, By Color Ultrasound Devices, 2020-2030F |
6.2.3 Indonesia Ultrasound Devices Market Revenues & Volume, By Black & White (B/W) Ultrasound Devices, 2020-2030F |
6.3 Indonesia Ultrasound Devices Market, By Device Portabilty |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Ultrasound Devices Market Revenues & Volume, By Trolley/Cart-Based Ultrasound Devices, 2020-2030F |
6.3.3 Indonesia Ultrasound Devices Market Revenues & Volume, By Compact/Handheld Ultrasound Devices, 2020-2030F |
6.4 Indonesia Ultrasound Devices Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Ultrasound Devices Market Revenues & Volume, By Radiology/General Imaging, 2020-2030F |
6.4.3 Indonesia Ultrasound Devices Market Revenues & Volume, By Obstetrics/Gynaecology, 2020-2030F |
6.4.4 Indonesia Ultrasound Devices Market Revenues & Volume, By Cardiology, 2020-2030F |
6.4.5 Indonesia Ultrasound Devices Market Revenues & Volume, By Urology, 2020-2030F |
6.4.6 Indonesia Ultrasound Devices Market Revenues & Volume, By Vascular, 2020-2030F |
6.4.7 Indonesia Ultrasound Devices Market Revenues & Volume, By Others, 2020-2030F |
7 Indonesia Ultrasound Devices Market Import-Export Trade Statistics |
7.1 Indonesia Ultrasound Devices Market Export to Major Countries |
7.2 Indonesia Ultrasound Devices Market Imports from Major Countries |
8 Indonesia Ultrasound Devices Market Key Performance Indicators |
9 Indonesia Ultrasound Devices Market - Opportunity Assessment |
9.1 Indonesia Ultrasound Devices Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Indonesia Ultrasound Devices Market Opportunity Assessment, By Device Display, 2020 & 2030F |
9.3 Indonesia Ultrasound Devices Market Opportunity Assessment, By Device Portabilty, 2020 & 2030F |
9.4 Indonesia Ultrasound Devices Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Indonesia Ultrasound Devices Market - Competitive Landscape |
10.1 Indonesia Ultrasound Devices Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Ultrasound Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |