tests . Private and public hospital labs find it more cost-effective to outsource low demand , specialized tests , such as microbiology , anatomical pathology and esoteric tests due to the high cost of the laboratory equipment . The private independent clinical laboratory market is organized and is composed of both chain laboratories and stand-alone laboratories . The chain laboratories are the leading market players in Indonesia . The 6 major players in the industry are Prodia , Kimia Farma , Pramita , Cito , BioMedika and Parahita . They have together accounted for ~% of the revenue share in private independent laboratory market in 2017 . The major players compete on distribution network , product portfolio , advertising , technology , Prices and services .
Indonesia Clinical Laboratory Future Outlook
The clinical laboratory market is expected to reach USD ~ billion by 2022 growing at a CAGR of ~%. The major private independent laboratories chains are expected to undergo geographic expansion beyond key cities into underdeveloped areas . It is also expected that the implementation of JKN will increase the demand for laboratory services . This will lead the public hospitals to refer samples to private independent laboratories for clinical testing , resulting in the growth of external referrals for private independent laboratories . Further , the industry will witness a rising trend towards precision medicine also known as personalized medicine . Further , the market for rapid tests will grow at a CAGR of 13 % between 2016 and 2021 in Indonesia . The growth will be driven by factors such as increasing rate of infectious diseases such as dengue , malaria , hepatitis , and HIV , the government ’ s healthcare initiatives , and product advancements and innovations by rapid test manufacturers .
Keywords Healthcare Market Size Indonesia Clinical Laboratory Market Size Indonesia Number of Public Clinical Labs Indonesia Number of Private Hospital Labs Indonesia Number of Private Independent Labs Indonesia Indonesia Clinical Laboratory value Chain Market Share of Major Players in Indonesia Clinical Laboratory Market Number of Lab Tests in Indonesia Major Laboratory Chains in Indonesia Type of Customers in Indonesia Clinical Laboratory Market Major Type of Clinical Laboratory Tests Indonesia