Market Share of Indonesia Connected Healthcare Industry
The market studied is moderately consolidated owing to the presence of several domestic and international vendors operating in the market. The major players are adopting strategies, like product innovation, collaboration, mergers and acquisitions, and partnerships, to expand their product functionality and stay competitive in the market. Some of the major players in the market are Medtronic PLC, Philips Indonesia, GE HealthCare, and PT Siemens Healthineers Indonesia.
- December 2023: A subsidiary of PT Telkom Indonesia (Persero) Tbk (Telkom), PT Administration Medika (Admedika) collaborated with Kalbe Farma's digital health service platform, KlikDokter to launch cashless telemedicine services. Telemedicine services encompass a wide range of online healthcare services, from remote consultations and medication deliveries to enhancing the overall accessibility and convenience of healthcare services. Moreover, the KlikDokter application offers tailored features, simplifying healthcare management for both insurance firms and corporations to manage healthcare through an easy-to-use online platform.
- August 2023: A new health law came into effect and was approved by the Indonesian House of Representatives during its 29th Plenary meeting in July 2023, despite challenges and objections from several medical practitioners. This new Health Law provides legal certainty on the practice of telemedicine services offered directly between health service facilities and the general public. This pivotal development empowers licensed medical practitioners and health care professionals to seamlessly extend medical care and health consulting services directly to the general public through authorized health service facilities.
Indonesia Connected Healthcare Market Leaders
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Medtronic plc
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Philips Indonesia
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Trustmedis Indonesia
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PT Siemens Healthineers Indonesia
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GE HealthCare
*Disclaimer: Major Players sorted in no particular order
