Indonesia's $3.28 Billion MedTech Import Market Reset: The IVD Bubble Is Over; The Surgical Boom Has Begun
JERSEY CITY, N.J., Nov. 7, 2025 /PRNewswire/ -- Indonesia's medical technology (MedTech) import market underwent a profound transformation between 2021 and 2024, with total imports surging to a new high of $3.28 billion in 2024. This is according to a new report from Pure Global, "Indonesia's Medical Device and IVD Import Market: A Data-Driven Analysis (2021-2024)."
The study highlights a period of intense volatility and structural change, moving from a market defined by the pandemic to one driven by a long-term modernization agenda.
Based on historical data, the market's transformation occurred in three distinct phases:
The report emphasizes that the 2024 boom was not a simple recovery but a fundamental shift in market demand.
The growth was overwhelmingly powered by specialties related to elective and high-acuity procedures, reflecting a move to clear surgical backlogs and a long-term government strategy to improve domestic hospital capabilities.
2024 High-Growth Segments:
- Orthopedic: +552.8%
- Dental: +186.4%
- General & Plastic Surgery: +102.9%
The "General & Plastic Surgery" segment is now the market's largest by far, valued at $1.36 billion.
Shifting Competitive Dynamics
This structural change has significantly altered the competitive landscape for international suppliers:
- Greater China: Remains the largest supplier ($807.4 million), but its market share eroded from 33.3% in 2021 to 24.6% in 2024.
- United States: Emerged as a primary beneficiary. Grew +118.4% in 2024, boosting market share to 16.0%. Success was driven by aligning with high-growth Orthopedics (+902%) and General & Plastic Surgery (+182%) exports.
- Republic of Korea: Experienced the most volatility. Its market share dropped from 13.9% to 4.3% as its $231.1M Clinical Chemistry segment collapsed (-94.6%). It is now pivoting to new segments like Dental (+455%) and Orthopedics (+210%).
- Germany & Japan:Germany ($368.9 million) remains a stable, high-quality supplier, while Japan ($171.2 million) showed strong, consistent growth of +79.3%.
Questions This Report Answers
Answer: The market was highly volatile. It contracted by -19.9% in 2022 to $1.79 billion, then rebounded massively with +77.8% growth in 2024 to a new peak of $3.28 billion.
Answer: The end of pandemic-era emergency procurement. The "Clinical Chemistry" (IVD/testing) segment collapsed by -72.6%, and "Anesthesiology" (respiratory support) fell by -49.9%.
Answer: The boom was driven by elective and surgical procedures. Top-growing specialties included Orthopedics (+552.8%), Ear, Nose, & Throat (+267.4%), and Dental (+186.4%).
Answer:The United States. Imports from the U.S. grew +118.4% (the fastest among the top 5), capturing 16.0% market share. This was driven by a +902% surge in Orthopedic exports and a +182% rise in General & Plastic Surgery exports.
Answer: The Indonesian government's Health System Transformation Agenda (HSTA). This national strategy aims to modernize hospitals and curb the $10.6 billion Indonesians spend annually on medical tourism.
Interesting Facts From the Report
Download the FULL copy of this research report directly from Pure Global.
About Pure Global
Pure Global is the world's leading MedTech service provider for local representation and registration services, operating at the intersection of regulatory technology (RegTech), artificial intelligence (AI), and market intelligence. We streamline global access through representation and registration in over 30 markets, but our value extends to strategic growth. Every client benefit from exclusive market research reports, developed by ex-Wall Street analysts, that deliver actionable insights into the latest industry trends. This unique combination of regulatory and market expertise gives our clients an unparalleled advantage to succeed and lead in the MedTech space.
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SOURCE Pure Global