Pharmacy Retailers in Indonesia, Budget Allocation on Healthcare Indonesia

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Indonesia Pharmacy Retail Market is Expected to
Reach USD 5.9 Billion by 2022 Ken Research
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Indonesia pharmacy retail market segment (by
pharmacies drugstores and by region), value
chain, trends, growth drivers, and competitive
landscape of major pharmacy retail companies
including Guardian Pharmacy, Kimia Farma, Apotek
K-24, A S Watsons Group, and Century Healthcare.
The report concludes with market projection for
future and analyst recommendations highlighting
the major opportunities and cautions. The
healthcare market in Indonesia was majorly
impacted by the implementation of JKN (Indonesian
National Health Insurance) as the demand for
affordable/primary healthcare services, generic
medicines and medical devices increased. Indonesia
pharmacy retail market is highly fragmented with
organized pharmacy retail chains contributing
less than 8 to the revenue share. Major
organized chains include Guardian pharmacy, Kimia
Farma, Apotek K-24 and AS Watsons Group. The
pharmacy retail market has witnessed growing
adoption of online retail as a distribution
channel to increase accessibility and widen their
customer reach. Indonesia Healthcare market will
be facilitated by the rising number of healthcare
providers coupled with elevating prevalence of
chronic diseases such as diabetes, HIV,
Tuberculosis and others. More than 35,000 new
beds are likely to be added in Indonesia by 2020.
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The high prevalence of infectious diseases,
widespread generic drug supply, rising purchasing
power, increasing affordability of healthcare
products and the large over-the-counter medicines
market will help to drive growth in Indonesias
pharmacy retail sector. Further, with the
implementation of JKN by the government, the
demand for prescription and generic drugs will
increase. This will lead more pharmacies to set
up around public and private hospitals augmenting
the revenue of the pharmacy retail market. The
pharmacy retail chains are expected to increase
focus on value added services which includes
consultation, prescribe medication for minor
health problems, and home delivery services. The
major pharmacy chains in the country are expected
to launch various mobile applications and online
retail services thus increasing accessibility and
convenience of home delivery and online payment
facility. The online stores will adopt
omni-channel mode of expansion with strong
expansion of brick and mortar stores in order to
support online sales by reducing delivery time
and improving accessibility. Increasing adoption
of digital platform by pharmacies and drugstores,
expansion of various organized chains coupled
with elevating prevalence of chronic and
lifestyle diseases will propel the Indonesia
pharmacy retail market revenue in future.
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Ken Research in its latest study, Indonesia
Pharmacy Retail Market Outlook to 2022 - By
Pharmacies Drugstores and By Region (Central
Java, East Java, West Java, North Sumatra,
Jakarta and Others), suggests that demand for
pharmacy retail chains in the market will
continue to grow in Indonesia owing to expansion
of healthcare facilities and increase in generic
drug sales as a result of implementation of JKN
scheme. Key Topics Covered in the
Report Pharmacies Market Indonesia Drugstore
Market Indonesia Pharmacy Store Industry
Indonesia Online Pharmacy Market
Indonesia Pharmacy Online Sales
Indonesia Pharmacy Retailers in
Indonesia Competition Pharmacy Stores
Indonesia Pharmacy Retail Growth
Indonesia Guardian Pharmacy Retail Competitors
Indonesia Number of Kimia Farma Apotek in
Indonesia Number of AS Watsons Stores in
Indonesia Number of Century Healthcare Stores in
Indonesia
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Pharmacy Retail Market Future Trends
Indonesia Number of Pharmacies Indonesia Number
of Drugstores Indonesia Trends Indonesia Pharmacy
Retail Market Budget Allocation on Healthcare
Indonesia Major Companies Pharmacy Retail Market
Indonesia Value Chain for Indonesia Pharmacy
Retail Market Number of Drugstores Pharmacies
in West Java Number of Drugstores Pharmacies in
East Java Number of Drugstores Pharmacies in
Jakarta Revenue for Guardian Pharmacy
Indonesia Revenue for K-24 Indonesia Revenue for
Century Healthcare Indonesia   For more
information on the research report, refer to
below link- https//www.kenresearch.com/healthcar
e/pharmaceuticals/indonesia-pharmacy-retail-market
/143544-91.html Related Reports by Ken
Research- https//www.kenresearch.com/healthcare/
general-healthcare/saudi-arabia-healthcare-market-
research-report/1106-91.html
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tml Contact UsKen ResearchAnkur Gupta, Head
Marketing CommunicationsAnkur_at_kenresearch.com
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