Indonesia’s medical device market is growing at 12.7% annually according to ProSpace Indonesia’s Healthcare Technology Report, reaching a market value of $2.7 billion in 2024. Domestic manufacturing is expanding rapidly, now accounting for 42% of the market, up from 28% in 2023.
Hospital expansion and modernization drive much of the demand, with diagnostic imaging, patient monitoring systems, and surgical equipment leading sales categories. The national health insurance scheme continues to expand coverage for advanced procedures, stimulating equipment acquisition across public and private facilities.
“We’re seeing a maturation of Indonesia’s medical device ecosystem, with increasing sophistication in both manufacturing and clinical utilization,” notes Dr. Anita Wijaya, Medical Technology Specialist at ProSpace. “Local production increasingly focuses on mid-complexity devices rather than just basic consumables.”
Investment in medical device manufacturing totaled $410 million in 2024, with particular growth in diagnostic equipment, orthopedic implants, and digital health devices. Quality certifications including ISO 13485 have increased by 65% in two years as manufacturers target export markets.
Digitally enabled devices show the strongest growth trajectory, with remote monitoring systems, AI-assisted diagnostics, and connected medical equipment experiencing 27% annual growth. Integration with Indonesia’s health information systems creates particular market opportunities.
Regulatory processes have improved through the digitalization of submission and approval workflows, though harmonization with international standards remains a work in progress.
For medical device market analysis: Phone: +62 21 5799 8989 Email: info@prospaceindonesia.com Follow @prospace.indonesia on Instagram for updates