Indonesia's Contraceptive Devices Market is expected to witness growth from $77 Mn in 2022 to $143 Mn in 2030 with a CAGR of 8.00% for the forecasted year 2022-30. By 2050, the population of Indonesia is going to increase to 305 million from its current size. The need for contraceptive devices is anticipated to rise along with the population. The market is segmented by type and by gender. Some key players in this market include DKT Indonesia, Kimia Farma, Mylan Laboratories, Mankind Pharma, CooperSurgical, Pfizer, and Teva Pharmaceutical.
Indonesia's Contraceptive Devices Market size is at around $77 Mn in 2022 and is projected to reach $143 Mn in 2030, exhibiting a CAGR of 8.00% during the forecast period. Indonesia plans to spend $30.18 billion more on healthcare between 2022 and 2028. In 2028, spending is anticipated to reach $69.3 billion. Indonesia is regarded as a middle-income country that is only beginning to industrialise. It is the seventh-largest economy in the world in terms of GDP, although nominal GDP ranks it in 17th place. By 2025, Indonesia's $40 billion Internet market is anticipated to reach $130 billion.
In Indonesia, there were 177 maternal deaths per 100,000 live births in 2021. This indicates that in that year, 7,500 women died as a result of difficulties linked to pregnancy or childbirth. In Indonesia, there will be 640,000 HIV/AIDS patients by 2021. Unintended pregnancies can be avoided with the help of contraceptive methods like condoms, intrauterine devices, and oral contraceptives. This aids women and couples in family planning and helps them avoid unplanned pregnancies that could result in mother and infant mortality, illness, and financial hardship. By lowering the risk of STIs and unintended pregnancies, which can lower the risk of unsafe abortions and maternal mortality, contraceptive methods also assist in promoting reproductive health. Indonesia offers a range of contraceptive methods, including condoms, IUDs, hormonal implants, and oral contraceptives. Because of this, women and couples have a variety of options to select from that may be tailored to their interests, health, and lifestyle. Particularly when compared to the expenditures of unwanted pregnancy and childbirth, contraceptive methods are cost-effective. Purchasing contraceptive devices can lessen the strain on the healthcare system and advance economic growth in Indonesia, where the population is huge and the healthcare system is underfunded.
Market Growth Drivers
By 2050, the population of Indonesia is going to increase to 305 million from its current size. The need for contraceptive devices is anticipated to rise along with the population. The Indonesian government has started a number of programmes to encourage family planning and lower the high fertility rate of the nation. These programmes involve giving away free contraceptives, encouraging people to use them, and enhancing reproductive health care. Manufacturers are creating cutting-edge contraceptive methods that are more efficient, secure, and simple to use. It is anticipated that these technological developments would accelerate the market's expansion. In Indonesia, more people are choosing contraceptive methods as a result of rising understanding of reproductive health issues and the value of family planning. The market is anticipated to grow even more as a result of this trend in the years to come.
Market Restraints
One of the main challenges faced by manufacturers in Indonesia is the lack of knowledge and understanding among the people, especially in rural areas, regarding the need for family planning and the numerous types of contraceptive devices available. As a result, the market may grow more slowly and there may be less of a need for specific products. Due to cultural and religious restrictions, it's possible that modern contraception techniques aren't frequently used in Indonesia. For instance, some people could believe that utilising contraceptives is immoral or unethical. The cost of contraceptive techniques may be a major barrier to access for many people in Indonesia, especially those who are poor.
Key Players
The National Agency of Drug and Food Control (BPOM) is Indonesia's regulatory authority in charge of controlling contraceptive devices. To ensure the efficacy and security of contraceptive devices, it supervises their registration, licencing, and post-market surveillance. The Ministry of Health (MoH) of Indonesia is responsible for developing and implementing all healthcare policies, including those relating to the use and regulation of contraceptive methods.
1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Type (Revenue, USD Billion):
A condom is a sheath-shaped barrier device used during sexual intercourse to reduce the probability of pregnancy or a sexually transmitted infection (STI). There are both male and female condoms. With proper use, women whose partners use male condoms experience a 2% per-year pregnancy rate. Their use greatly decreases the risk of gonorrhea, chlamydia, trichomoniasis, hepatitis B, and HIV/AIDS, per the World Health Organization Updates in November 2020. To a lesser extent, they also protect against genital herpes, human papillomavirus (HPV), and syphilis. Hence, the other reasons that aid the growth of the contraception devices market are the rising occurrence of STDs and the substantial increase in the population
By Gender (Revenue, USD Billion):
Based on Gender the contraceptive devices market is segmented into male and female.
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