Market Insights Health Hospitals Inpatient Care

Gastroenterology - Indonesia

Indonesia

In Indonesia, the Gastroenterology market is expected to witness a significant increase in revenue in the coming years.
By 2024, the projected revenue is estimated to reach US$1.57bn.
This growth is expected to continue, with an annual growth rate (CAGR 2024-2029) of 5.79%.
As a result, the market volume is anticipated to reach US$2.08bn by 2029.
When compared to other countries globally, it is worth noting that United States is expected to generate the highest revenue in the Gastroenterology market.
In 2024, the projected revenue for the United States alone is estimated to be a staggering US$60,480.00m.
In Indonesia, there is a growing trend among gastroenterology clinics to incorporate traditional Indonesian herbal medicine into their treatment plans.

Key regions: France, China, Japan, United States, Europe

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.