Indonesia Physiotherapy Market Analysis

Indonesia Physiotherapy Market Analysis


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The Indonesia physiotherapy market size was valued at $319 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 5.85% from 2022 to 2030 and will reach $503 Mn in 2030. Indonesia's physiotherapy market is expected to grow due to, increasing prevalence of chronic diseases and increasing awareness regarding physiotherapy. The market is segmented by Product Type, Application Type and End User. The major players in the Indonesia physiotherapy market are PT. Fisioterapi Mitra Sehat, PT. Fisioterapi Medika, EMS Physio Ltd. and others.

ID: IN10IDHS016 CATEGORY: Healthcare Services GEOGRAPHY: Indonesia

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Indonesia Physiotherapy Market Executive Summary

The Indonesia physiotherapy market size was valued at $319 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 5.85% from 2022 to 2030 and will reach $503 Mn in 2030. Indonesia's healthcare expenditure as a percentage of GDP has been increasing in recent years. In 2019, the country's healthcare expenditure was around 3.9% of the GDP. However, the country's overall GDP has also been increasing, so the absolute amount of healthcare expenditure has also been rising. According to World Bank data, in 2020, Indonesia's GDP was $1.05 trillion and healthcare expenditure was $36.8 Bn.

Physiotherapy is to increase a patient's function, mobility, and general well-being. Benefits of physiotherapy include injury prevention, health and fitness, and physical rehabilitation. Your personal healing process is supported by physiotherapists. Physiotherapy services are provided in a variety of settings, including physiotherapy clinics, and government and private hospitals in Indonesia. In-home healthcare services many practitioners provide physiotherapy in home-based settings. As the aging population in the country increases chronic condition is rising, and physiotherapy can help in manage symptoms and improve health. Hence, the demand for the physiotherapy market is increasing during the forecast period.

indonesia physiotherapy market analysis

Market Dynamics

Market Growth Drivers

The increasing awareness of physiotherapy and its benefits among the general population is driving growth in the market. The rising prevalence of chronic diseases such as diabetes, obesity, and heart disease is driving growth in the market as physiotherapy can help to manage these conditions. Furthermore, In Indonesia as an increasing aging population, there is an increasing need for physiotherapy services to address age-related conditions such as osteoarthritis, stroke, and other chronic diseases. Moreover, the government is investing in the healthcare sector, which is driving growth in the market by increasing funding for physiotherapy services and infrastructure.

Market Restraints

Limited access to the physiotherapy market, especially in rural areas is one of the main barriers to the Indonesia physiotherapy market. Moreover, many patients may find it difficult to afford physiotherapy treatments and supplies due to the high cost of such items.

Competitive Landscape

Key Players

  • PT. Medical Equipment (IDN)
  • PT. Medicalindo (IDN)
  • PT. Fisioterapi Indonesia (IDN)
  • PT. Fisioterapi Mitra Sehat (IDN)
  • PT. Fisioterapi Medika (IDN)
  • EMS Physio Ltd.
  • DJO Global, Inc.
  • Dynatronics Corporation, Inc.

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario of the Indonesia Physiotherapy Market

In Indonesia, the Ministry of Health is responsible for regulating physiotherapy equipment. All physiotherapy equipment must be registered with the Ministry of Health before it can be sold or used in the country. The Indonesian Association of Medical Devices Industry (ASPILUKI) has a significant role in the regulation of physiotherapy equipment in Indonesia. ASPILUKI promotes the safe and effective use of medical devices and equipment. It works with the Ministry of Health to establish standards and guidelines for physiotherapy equipment and provides information to healthcare professionals and consumers about the safe use of these devices.

In Indonesia reimbursement for physiotherapy is provided by the national health insurance program known as Jaminan Kesehatan Nasional (JKN), which covers physiotherapy services for eligible citizens. However, the extent of coverage and reimbursement for physiotherapy services can vary depending on the specific type of treatment and the individual's health insurance plan.

1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 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 Services
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Physiotherapy Market Segmentation

By Product: (Revenue, USD Billion):

Based on product, the physiotherapy equipment market is divided into two major segments, namely, equipment and accessories. The equipment segment accounted for the largest share of the physiotherapy equipment market in 2021. The equipment segment is further segmented into electrotherapy equipment, ultrasound equipment, exercise therapy equipment, heat therapy equipment, cryotherapy equipment, combination therapy equipment, continuous passive motion therapy equipment, shockwave therapy equipment, laser therapy equipment, magnetic pressure therapy equipment, traction therapy, and other physiotherapy equipment (hydrotherapy and vacuum therapy). Owing to the increasing use of electrotherapy equipment in the treatment of musculoskeletal disorders and owing to increasing concerns for patients’ safety and minimal/no side-effects during the physiotherapy treatments.

  • Equipment
  • Electrotherapy equipment
  • Ultrasound equipment
  • Exercise therapy equipment
  • Heat therapy equipment
  • Cryotherapy equipment
  • Combination therapy equipment
  • Continous passive motion therapy equipment
  • Shockwave therapy equipment
  • Laser therapy equipment
  • Magnetic pressure therapy equipment
  • Traction therapy
  • Other physiotherapy equipment
  • Accessories
  • Manual Therapy
  • Specialized treatment
  • Joint Mobilization Techniques
  • Suspension Therapy
     

By Application (Revenue, USD Billion):

Based on application, the physiotherapy equipment market is segmented into musculoskeletal applications, neurological applications, cardiovascular and pulmonary applications, pediatric applications, gynecological applications, and other applications (including sports and palliative care). The musculoskeletal applications segment holds a dominating share attributed to the increasing adoption of physiotherapies to accelerate recovery of accidental injuries, rising incidence of musculoskeletal disorders, and growth in the geriatric population.

By Applications

  • Musculoskeletal applications
  • Neurological applications
  • Cardiovascular and pulmonary applications
  • Pediatric applications
  • Gynecological applications
  • Other applications

By End-user (Revenue, USD Billion):

Based on end users, the physiotherapy equipment market is segmented into physiotherapy & rehabilitation centers, hospitals, home care settings, physician offices, and other end users (community health centers and elderly care facilities). In 2021, the physiotherapy & rehabilitation centers segment accounted for the largest share of the physiotherapy equipment market due to increasing demand for advanced physiotherapy equipment and their wide usage across the care continuum across these centers.

  • Physiotherapy & Rehabilitation centers
  • Hospitals
  • Home care settings
  • Physician offices
     

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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Last updated on: 18 January 2023
Updated by: Anish Swaminathan

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