The Indonesia Physiotherapy Equipment Market was valued at $125.40 Mn in 2023 and is predicted to grow at a CAGR of 7.2% from 2023 to 2030, to $204.01 Mn by 2030. The key drivers of this industry include the rising prevalence of chronic diseases, expanding geriatric population, and advancements in technology. The key players in the industry are HMS Medical Systems, Astar, EMS Physio Ltd., and Johari Digital among others.
The Indonesia Physiotherapy Equipment Market is at around $125.40 Mn in 2023 and is projected to reach $204.01 Mn in 2030, exhibiting a CAGR of 7.2% during the forecast period.
Physiotherapy equipment refers to the instruments that physiotherapists use to help cases recover from accidents, operations, or habitual conditions. These include exercise cycles, ultrasound machines, and resistance bands. The utilization of physiotherapy equipment can help reduce the level of care required for these patients.
Musculoskeletal conditions encompass a wide range of conditions and conditions affecting the muscles, bones, joints, and connective tissues, leading to pain, mobility limitations, and reduced functioning. These conditions include low reverse pain, neck pain, fractures, osteoarthritis, amputations, rheumatoid arthritis, and other musculoskeletal issues. Musculoskeletal diseases affect limited mobility and are a significant cause of disability. Furthermore, the rising prevalence of neurological disorders in the population is the primary driver behind the increasing demand for neurology rehabilitation physiotherapy equipment. The most commonly utilized physiotherapy interventions for elderly individuals with neurological disorders include balance and gait training, occupational therapy, traditional physiotherapy techniques, walking and treadmill exercises, and upper limb robot-assisted therapy.
The market therefore is driven by significant factors like the aging population and the rising prevalence of cardiovascular, neurological, and musculoskeletal diseases. Advancements in technology, and government investment in healthcare also play a key role in market growth. However, limited accessibility to specialized physiotherapists, high cost of physiotherapy equipment, and strict regulatory approval limit the growth of the market
The leading pharmaceutical companies include HMS Medical Systems and Astar for physiotherapy equipment. Johari Digital and EMS Physio Ltd. are also significant contributors to the physiotherapy equipment landscape, with continuous research and development activities.
Market Growth Drivers
Rise in Geriatric Population: Around 5% of individuals in Indonesia experience arthritis condition by age 61. Geriatric physiotherapy is increasingly vital due to elderly individuals facing multiple health challenges like cardiovascular decline, vision and hearing impairments, and diabetes. Furthermore, manufacturers are heavily investing in advanced physiotherapy equipment to alleviate suffering. The prevalence of age-related physical and mental ailments is expected to rise in the future.
Increasing Technical Progress: Companies are progressively focused on technological advancements and developing new goods to provide superior and user-friendly devices. The development of advanced physiotherapy equipment with enhanced capabilities, such as electrotherapy and cryotherapy devices, drives market growth by providing more effective treatment options.
Government Investment in Healthcare: The Indonesian government's investment in the healthcare sector, including funding for physiotherapy services and infrastructure, is also contributing to the growth of the physiotherapy equipment market. This creates a greater need for specialized equipment, not just for regular physiotherapy but also for elderly care with considerations for multiple health issues.
Market Restraints
Lack of Skilled Physiotherapists: A lack of skilled physiotherapists and healthcare providers restricts the utilization of physiotherapy equipment, as patients may lack access to competent professionals who can use them safely and efficiently. It also hinders the implementation of new technologies, especially in rural areas.
High Cost of Physiotherapy Equipment: The cost of physiotherapy equipment is a significant barrier, especially for patients in areas with limited healthcare infrastructure and resources, where the equipment is often expensive.
Regulatory Obstacles: Indonesia's physiotherapy market is growing, but strict regulations by the Ministry of Health (MoH) can hinder growth. Getting approval for physiotherapy equipment can be lengthy and expensive, requiring a local distributor and mountains of documentation. This delays bringing new equipment to market, potentially limiting the options available for Indonesian physiotherapists and patients.
The Ministry of Health (MoH) is responsible for regulating medical devices in Indonesia, including pre-market approval, post-market surveillance, and quality control. Indonesia uses a risk-based classification system for medical devices, similar to other regions. Devices are classified into four classes (Class A - low risk; Class D - high risk) based on their potential for harm. Upon successful registration, a Class A device receives a Free Sales Certificate (FSC), while Class B, C, and D devices receive a Marketing Authorization (MA).
BPJS Kesehatan (JKN) is Indonesia's national health insurance program, covering a portion of healthcare costs for Indonesian citizens and legal residents. JKN may cover physiotherapy services in certain situations, but coverage can be limited
Key Players
Here are some of the major key players in the Indonesia Physiotherapy Equipment Market:
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 Equipment
By Application
By End User
Methodology for Database Creation
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