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Indonesia pharmaceuticals market: $6.56bn industry in 2013
Indonesia Pharmaceuticals and Healthcare Report Q3 2013 - a new market research report on 2014-04-23 12:41:01
Theoretically, considerable opportunities for pharmaceutical manufacturers exist in relation to the Indonesian pharmaceutical market. Demand for medicines will continue to be supported by the country´s large population, the rollout of the universal healthcare programme in 2014 (with the ultimate aim to cover all Indonesians by 2019) and the expansion of healthcare services. However, Indonesia will remain a risky operating environment, with market access hampered by a range of intellectual property barriers and the government´s biased stance against foreign companies.

Headline Expenditure Projections

- Pharmaceuticals: IDR58,553bn (US$6.25bn) in 2012 to IDR63,915bn (US$6.56bn) in 2013; +9.2% growth in local currency terms and +5.1% in US dollar terms. Forecast broadly in line with the previous quarter.

- Healthcare: IDR220,081bn (US$23.56bn) in 2012 to IDR242,335bn (US$24.88bn) in 2013; +9.7% growth in local currency terms and +5.6% in US dollar terms. Forecast broadly in line with the previous quarter.|

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