Forecast: Import of Orthopaedic and Fracture Appliances to Indonesia

The import of orthopaedic and fracture appliances to Indonesia exhibited substantial growth over the years, rising from 2.3889 million USD in 2013 to 20.828 million USD in 2023. This represents a cumulative upward trend, although the pace of growth showed fluctuations. Between 2018 to 2023, the import value saw varied year-on-year increases, peaking in 2018 with a 52.01% growth rate before moderating to 5.77% in 2023. Looking at the compounded annual growth rate, there was a deceleration, from a significant 47.57% in 2018 to a modest 4.49% by 2023. Forecasted data indicate steady growth, reaching 26.177 million USD by 2028, with an average annual growth rate of 3.59% over the next five years.

Future trends to watch for include:

  • Technological advancements and innovation in orthopaedic and fracture appliances.
  • Increased healthcare spending by the Indonesian government.
  • Rising awareness and demand for quality healthcare services.
  • Expansion in the aging population requiring orthopaedic interventions.
  • Potential impact of global economic factors affecting imports.

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