Top Healthcare Companies in Indonesia

The healthcare industry is an essential component of Indonesia's economy, providing critical services to its population and contributing significantly to the country's GDP and employment figures. In this article, we will take a closer look at the healthcare industry in Indonesia, examining key statistics from 2022, factors contributing to its growth and success, industry trends, challenges, and future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
BUMRUNGRAD INTERNATIONAL HOSPITAL1,417 +66 2 066 8888

Bumrungrad International Hospital stands as arguably the most impressive medical facility in the region. It has 55 specialty centers, an internationally certified lab and pharmacy, clinical research centers, advanced imaging facilities, and a 24-hour emergency care unit. Bumrungrad is home to more than 1300 physicians and surgeons, 300 of whom hold US-board certifications and international fellowships. As part of its ongoing commitment to exceptional care, Bumrungrad receives ongoing independent reviews and distinctions, including its consistent accreditation by the Joint Commission International (JCI) since 2002, the first in Asia. In its state-of-the-art campus in the heart of Bangkok, Bumrungrad Hospital treats over 1.1 million patients every year, with over 520,000 of these patients coming from more than 190 countries worldwide. The hospital specializes in treating complicated conditions, and is internationally recognized as one of the top hospitals in the world.Along with its impressive tertiary and specialty facilities, Bumrungrad International’s Medical Coordination Office is a well-oiled machine that facilitates seamless transitions from the first inquiry all the way through after-care. This exclusive and comprehensive support is offered free of charge to patients, and it includes everything from language and cultural support to travel and accommodation services.

SPEEDOC130 +65 6909 7799

Founded in 2017, Speedoc is a virtual clinic and healthcare solutions platform that allows users to seek medical care and services from home.As a virtual clinic and hospital care provider combining physical-digital services to challenge the traditional centralized, facility-based model, Speedoc believes that this will be the solution for the aging population faced by many countries in the region as the demand for medical care increases. Their services include house call doctors, nurses, medications delivery; and is complemented by telemedicine, remote diagnostics and health monitoring.With Speedoc, home medical services need not be limited to only certain groups of patients, but to everyday people who may require GP or A&E visits for themselves or their loved ones.

FULLERTON HEALTH645 +65 6333 3636

Fullerton Health is a leading vertically integrated healthcare platform in Asia Pacific. Founded in Singapore in 2010, today they own over 500 medical centres and have a large global network of medical providers across 9 markets in Asia Pacific. Fullerton Health’s value proposition is the integration of healthcare service offerings with customized management and advisory capabilities, in line with its purpose to deliver Affordable and Accessible Care for All in Asia Pacific.For more information on Fullerton Health, please visit http://www.fullertonhealth.com/.

HOMAGE513 +65 6100 0055

Homage is a leading technology-driven care and health services platform that combines curated and trained care professionals with smart technology to manage and provide on-demand holistic non-medical and medical services to seniors and adults, allowing them to age and recover at home with grace, control and dignity. Homage’s core care services include Disability and Care Assessments, Activities of Daily Living (ADL) assistance, Nursing Procedures and Rehabilitation services, including Physiotherapy, Speech Therapy and Occupational Therapy. Additionally, Homage Health provides health screening, mobile medicine, telemedicine, ambulance and medication delivery services. Operating in Singapore, Malaysia and Australia, Homage works with care recipients with a range of mobility and medical conditions, including chronic and terminal illnesses such as Dementia, Stroke, Parkinson’s and cancer, helping them be more mobile and functional as well as providing social and personal care. Homage actively collaborates with government, health and financial organisations to distribute and deliver home- and community- caregiving services.

SINGAPORE MEDICAL GROUP486 +65 6356 8909

Incorporated in 2005, Singapore Medical Group (SMG) is a private specialist healthcare provider with a network of 30 specialties. The Group is committed to its promise of providing patient centred medical care and experience to every individual.The Group currently has a total of 30 clinics covering 24 specialties that are strategically located in Paragon, Mount Elizabeth Novena Specialist Centre, Mount Elizabeth Medical Centre, Raffles Place, Connexion and Gleneagles Medical Centre with a growing network of SMG Associates clinics across the island.SMG operates a Medical patient assistance centre hotline service that serves Singapore and international patients.

IQVIA72,302 +65 6962 9100

IQVIA (NYSE:IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. IQVIA creates intelligent connections across all aspects of healthcare through its analytics, transformative technology, big data resources and extensive domain expertise. IQVIA Connected Intelligence™ delivers powerful insights with speed and agility — enabling customers to accelerate the clinical development and commercialization of innovative medical treatments that improve healthcare outcomes for patients. With approximately 86,000 employees, IQVIA conducts operations in more than 100 countries.IQVIA is a global leader in protecting individual patient privacy. The company uses a wide variety of privacy-enhancing technologies and safeguards to protect individual privacy while generating and analyzing information on a scale that helps healthcare stakeholders identify disease patterns and correlate with the precise treatment path and therapy needed for better outcomes. IQVIA’s insights and execution capabilities help biotech, medical device and pharmaceutical companies, medical researchers, government agencies, payers and other healthcare stakeholders tap into a deeper understanding of diseases, human behaviors and scientific advances, in an effort to advance their path toward cures. To learn more, visit www.iqvia.com.

IQVIA ASIA PACIFIC1,414 +65 6962 9100

IQVIA (NYSE:IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. We are inspired by the industry we serve and provide solutions that enable life sciences companies to innovate with confidence, maximize opportunities and ultimately drive human health outcomes forward. Our approach is Human Data Science – a discipline that advances our understanding of human health and allows stakeholders to make better, more insightful decisions and discover breakthroughs. We provide actionable solutions by tapping into the power of the IQVIA Connected Intelligence™: • Domain Expertise. Institutional knowledge and domain expertise across diseases, geographies and scientific methods.• Advanced Analytics. Faster, more precise decision-making powered by data science, designed exclusively for healthcare. • Unparalleled Data. One of the world’s largest curated healthcare data sources with innovative privacy protections.• Transformative Technology. Leading technologies to provide real-time access to operations-critical information. To learn more, visit www.IQVIA.com.

LYSN52 +61 132011

Lysn is Australia’s leading telehealth mental health provider. Review clinician profiles, select your preferred mental health professional and book online 24x7.Take control of your mental health with a network of 600 mental health professionals and coaches and improve your well-being, your happiness and your life.

MIMS PTE LTD918 +65 6290 7400

MIMS is Asia-Pacific’s leading multi-channel provider of trusted, quality medical information, medical education, and knowledge services connecting healthcare communities. Our work empowers healthcare professionals to improve patient outcomes by facilitating knowledge exchange and better decision-making.Today, MIMS has a strong regional presence in 17 countries and regions across Asia-Pacific with approximately two million healthcare professionals subscribed to its drug & resource portal, digital and print publications. We provide solutions to leading pharmaceutical companies and established healthcare institutions across the world.Our Business Value:For over 50 years, MIMS has been a peerless partner and a trusted source of medical knowledge, empowering healthcare professionals to improve decision making in their clinical practices.With our headquarters in Singapore and a business footprint in most Asia-Pacific countries, MIMS has an intimate understanding of the regions. In terms of the scale of audience and scope of services, MIMS has the best capability to effectively engage the healthcare professionals communities.We are best known for our unique and widely accessed drug directory, as well as hosting a wealth of healthcare services to healthcare institutions, pharmaceutical companies, and healthcare professionals.Our Products & Services:MIMS offers a range of products and services that reflect current and continually emerging advances in information delivery - mobile applications, online platforms, drug references, and guidelines as well as integrated knowledge databases.Through our vast network of healthcare audiences, MIMS effectively partners with pharmaceutical companies to communicate and engage with healthcare professionals through MIMS medical publications, continuing professional development programs, and medical congresses to meet healthcare professionals’ lifelong learning needs.

INTERNATIONAL SOS10,884 +65 6338 7800

The International SOS Group of Companies is in the business of saving lives, protecting global workforces from health and security threats. We deliver customised health, security risk management and wellbeing solutions to fuel our clients’ growth and productivity. In the event of extreme weather, an epidemic or a security incident, we provide an immediate response providing peace of mind. Our innovative technology and medical expertise with a focus on prevention, offers real-time, actionable insights and unparalleled on-the-ground delivery. We help clients meet compliance reporting needs for good governance. By partnering with us organisations can fulfil their Duty of Care responsibilities, while empowering business resilience, continuity and sustainability. Founded in 1985, the International SOS Group, headquartered in London & Singapore, is trusted by 9,500 organisations, including the majority of the Fortune Global 500 as well as mid-size enterprises, governments, educational institutions, and NGOs. 13,000 multi-cultural medical, security and logistics experts stand with you to provide support & assistance from over 1,000 locations in 90 countries, 24/7, 365 days. To protect your workforce, we are at your fingertips: www.internationalsos.com For news and events updates follow us on Twitter - https://twitter.com/IntlSOS

ACTIVE GLOBAL SPECIALISED CAREGIVERS170 +65 6536 0086

We are the leading professional and affordable home care service in Singapore, Hong Kong and Shanghai.We make an impact not only for our patients (typically highly dependent), but also for the quality of life of the whole family. Many family members also told us how they were more able to re-focus on their job, once they have the peace of mind that their elderly parent is well taken care of => Do contact us at singapore@activeglobalcaregiver.com, if you would like to investigate home care solutions for your employeesWe provide both Live-In Caregiver Services and Part-Time Caregiver servicesAll of our Caregivers are nurses with hospital experience, and we give them additional training in Home CareOur caregiving consultants are senior nurses and nursing educators themselvesEA licence: 13C6324

RAMSAY HEALTH CARE9,358 +61 2 9433 3460

Ramsay Health Care is a global health care company with a reputation for operating high-quality services and delivering excellent patient care.Established in Sydney, Australia, in 1964, by Paul Ramsay AO, Ramsay Health Care has more than 50 years of experience in providing acute health care services. Today, the Company delivers a range of acute and primary healthcare services from 530 facilities across 9 countries, making it one of the largest and most diverse private healthcare companies in the world.Ramsay facilities cater for a broad range of health care needs from primary care to highly complex surgery, as well mental health care and rehabilitation. The company employs more than 77,000 staff and treats 8.5 million patients in its hospitals and primary care clinics located in Australia, France, the United Kingdom, Sweden, Norway, Denmark, Germany, Italy, Malaysia and IndonesiaRamsay is well-respected throughout the global health care industry for its quality health care operations and excellent record in hospital management and patient care. Focusing on relationships with staff and doctors - and delivering high quality outcomes for patients - has been at the forefront of its success.Ramsay focuses on maintaining the highest standards of quality and safety, being an employer of choice, and operating its business according to The Ramsay Way philosophy: People Caring for People.

PHILIPS72,254 +65 6882 3999

Over the past decade we have transformed into a focused leader in health technology.At Philips, our purpose is to improve people’s health and well-being through meaningful innovation. We aim to improve 2.5 billion lives per year by 2030, including 400 million in underserved communities. We see healthcare as a connected whole. Helping people to live healthily and prevent disease. Giving clinicians the tools they need to make a precision diagnosis and deliver personalized treatment. Aiding the patients recovery at home in the community. All supported by a seamless flow of data.As a technology company, we – and our brand licensees – innovate for people with one consistent belief: there’s always a way to make life better.Visit our website: http://www.philips.com/Follow our social media house rules https://www.philips.com/a-w/about-philips/social-media.html

DOCTOR ANYWHERE912 +65 3158 4622

At Doctor Anywhere, we are guided by the core belief that healthcare should be simple, accessible and efficient for everyone. Since our launch in 2017, weve been disrupting the healthcare industry by developing innovative solutions to bridge gaps in the healthcare ecosystem. Our services integrate both digital and offline platforms to empower users to take charge of their health. Headquartered in Singapore, we have regional offices in Malaysia, Thailand, Philippines, Vietnam, Indonesia, and India, serving more than 2.5 million (and growing) users across Asia.If you are excited to be at the forefront of health-tech innovation, and passionate about creating meaningful change, join us at https://doctoranywhere.bamboohr.com/jobs/

CARDINAL HEALTH32,088 +65 6415 3170

Cardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. With operations in more than 30 countries and approximately 44,000 employees globally, Cardinal Health is essential to care. We are navigating the complexities of healthcare and providing scaled solutions to help our customers thrive in a changing world. We strive to be a trusted healthcare partner by driving growth in evolving areas of healthcare, while building upon our distribution, products, and solutions to meet customer needs. Disclaimer: LinkedIn is a third-party site unaffiliated with Cardinal Health. Cardinal Health is not responsible for the privacy or security policies or practices on LinkedIn or on any of the third-party websites that we may link to through LinkedIn. You should carefully review the privacy and security practices of LinkedIn and linked third-party websites. We do not necessarily endorse any information found here nor are we responsible for the accuracy of any information, opinions, claims, or advice found here or shared here by our followers. By posting content, ideas, or pictures, you grant Cardinal Health a non-exclusive, royalty-free, perpetual, and worldwide license to use your content and any images posted by you, including the rights to copy, distribute, transmit, display, reproduce, edit, translate, and reformat, and incorporate into a collective work. Cardinal Health reserves all rights relating to the companys LinkedIn account, including removing postings and prohibiting individuals from participating on the page.

DOCTORONCALL139 +60 10-215 1669

DoctorOnCall (DOC), Malaysias first online Video and Audio Medical Consultation platform. Now you can talk to an MMC-Registered Doctor from the privacy of your home or office through laptop, tablet or mobile phone. Talk to our doctors about your common illness, health concerns, second opinion etc. Stay well-rested when youre sick and we get your medications delivered to you.

REGIS AGED CARE1,599 +61 1300 998 100

Regis Aged Care offers a diverse range of care options including residential aged care, home care, retirement living, day therapy and day respite. At Regis, we focus on every resident and client as an individual. Weve been providing care and support within aged care and the community for over 25 years and have over 9000 dedicated and passionate employees.Visit regis.com.au to find out more about our services and communities.For career specific information, please visit regis.com.au/careers

HEALTHALLIANCE597 +64 9 276 0276

healthAlliance is part of the data and digital team at Te Whatu Ora - Health New Zealand.We provide data and digital support and project delivery services to the four districts that make up Te Whatu Oras Northern Region: Te Tai Tokerau, Waitematā, Te Toka Tumai Auckland and Counties Manukau. We also provide support to several other Te Whatu Ora shared services.We provide digital health services, ICT transformation, project delivery, internal audit and customer services for the regions 30,000-strong health workforce. Our team of 600+ is dedicated to creating efficiencies, shaping innovation, and - through digital technologies - helping clinicians to deliver better, more equitable health outcomes for all people in our communities. Were also enabling our districts to accelerate their digital transformationsWere proud that our work directly contributes to the health and wellbeing of the nearly 2 million people who live in Aotearoas Northern region.He waka eke noa - we are all in this together.Follow us on Twitter @hAsharedservice

CORDLIFE GROUP LIMITED777 +65 6238 0808

Cordlife owns the largest network of cord blood banks in Asia with full stem cell banking facilities in six key markets, namely Singapore, Hong Kong, Indonesia, India, Malaysia and the Philippines. In Singapore, Hong Kong, the Philippines and Indonesia, Cordlife operates the largest private cord blood banks and it is amongst the top three market leaders in India and Malaysia. In January 2018, Cordlife became the market leader in Hong Kong with the acquisition of the largest private cord blood bank, Healthbaby Biotech (Hong Kong) Co., Limited. Through its majority-owned subsidiary in Malaysia, Stemlife Berhad, Cordlife holds an indirect stake in Thailands largest private cord blood bank, Thai Stemlife. Cordlife has also established its presence in Myanmar, Vietnam, Macau, Brunei and Bangladesh.

IRD GLOBAL333 +65 8113 5758

IRD Global is an international not-for-profit organization based in Singapore, with IRD country affiliates registered in Bangladesh, Indonesia, Nigeria, Pakistan, Philippines, South Africa, Vietnam, and Zimbabwe.We leverage process and technology innovations to develop, implement, and scale cost-effective, evidence-based, and high-impact solutions to stubborn health challenges and health inequities. We strive to expand patient and community access to mass screening, testing, treatment and prevention programs for infectious diseases, non-communicable diseases, mental health and surgical care. We work to facilitate treatment adherence and improvements in quality of life outcomes. We invest in bridging communication between healthcare providers and patients through innovative partnerships with communities, private providers, universities, governments, and non-governmental organizations.We help build local leaders from community volunteers and front-line health workers and train and guide technical staff from the countries we work in towards world-class expertise and international networks. For us, the Global South is home.We enable robust program monitoring and evaluation systems. Our teams have pioneered open source information technology innovations in mass health screening and immunization registration mobile health applications, interactive messaging systems, digital conditional cash incentives for patients, caregivers and health workers, electronic medical records, and civil registration and vital statistics systems.IRD has over 15 years of experience in multi-country proposal development, grant management and implementation, and over five years of experience supporting multi-country request for proposals and award management in global health delivery and research.The IRD network has USD 100 million of active global health grants as of 2023.

Top Healthcare Companies in Indonesia

Key Statistics from 2022

In 2022, Indonesia's GDP is projected to reach USD 1.22 trillion, representing a growth rate of 5.1%. The healthcare industry plays a critical role in this growth, with a contribution of approximately 3% to the country's GDP. The industry has also created employment opportunities for millions of Indonesians, with over 2 million people currently employed in the healthcare sector.

Factors Contributing to Growth and Success

One of the key factors contributing to the growth and success of Indonesia's healthcare industry is government initiatives aimed at improving the country's healthcare infrastructure and services. The government has launched a number of initiatives to promote healthcare, including the National Health Insurance program, which provides coverage to millions of Indonesians.

Another factor contributing to the growth of the healthcare industry in Indonesia is the country's growing middle class, which has increased demand for high-quality healthcare services. This has spurred investment in the industry, resulting in the development of new hospitals, clinics, and medical facilities.

Industry Growth and Comparison to Previous Years

The healthcare industry in Indonesia has experienced significant growth in recent years, with the sector's value increasing by 6.9% in 2021. This growth is expected to continue in 2022 and beyond, with the industry projected to grow at a CAGR of 9.1% between 2022 and 2027.

Compared to previous years, the healthcare industry in Indonesia has undergone a transformation, with a shift towards the use of advanced technologies such as telemedicine, electronic health records, and digital diagnostic tools. This has resulted in increased efficiency, reduced costs, and improved patient outcomes, making the industry more competitive and attractive to investors.

Key Trends in Indonesia's Healthcare Industry

Technological Disruptions:

As mentioned earlier, the use of advanced technologies is a key trend in Indonesia's healthcare industry. With the implementation of telemedicine, electronic health records, and digital diagnostic tools, the industry has been able to improve patient outcomes and reduce healthcare costs.

Patient-Centered Care:

Another key trend in the healthcare industry in Indonesia is a growing focus on patient-centered care. With increasing awareness about patient rights and preferences, the industry is increasingly adopting a patient-centered approach, which places the patient at the center of care and involves them in decision-making about their health.

Challenges

Despite the growth and success of Indonesia's healthcare industry, there are several challenges that the sector must address to sustain its growth trajectory. These challenges include:

Infrastructure Development:

The industry is facing significant infrastructure challenges, particularly in rural areas, where access to healthcare services can be limited. Addressing this challenge will require investment in healthcare infrastructure and facilities, particularly in underserved areas.

Human Resources:

The industry is also facing a shortage of skilled healthcare professionals, particularly in areas such as nursing and specialized medical care. Addressing this challenge will require investment in training programs and educational initiatives to develop a skilled healthcare workforce.

Future Outlook

Despite the challenges facing the industry, the outlook for Indonesia's healthcare sector remains positive. With a growing middle class and increasing demand for high-quality healthcare services, the industry is poised for continued growth in the years to come. Government initiatives aimed at improving healthcare infrastructure and services, coupled with the adoption of advanced technologies and patient-centered care, will further drive the industry's growth and competitiveness.

In addition, Indonesia's strategic location as a hub for healthcare in the ASEAN region and its large domestic market make it an attractive destination for foreign investors looking to participate in the country's healthcare sector. Foreign investment in the industry is expected to increase in the coming years, further contributing to the industry's growth and success.

Conclusion

In conclusion, the healthcare industry is a critical component of Indonesia's economy, providing essential services to its population and contributing significantly to the country's GDP and employment figures. The industry's success is attributed to a number of factors, including government initiatives, a growing middle class, and the adoption of advanced technologies and patient-centered care.

However, the industry is also facing several challenges, including infrastructure development and a shortage of skilled healthcare professionals. Addressing these challenges will require concerted efforts from the government and industry stakeholders to ensure sustained growth and competitiveness.

Looking ahead, the future outlook for Indonesia's healthcare sector remains positive, with ample opportunities for growth and investment. The industry is poised to continue contributing to the country's development and to play a critical role in improving the health and well-being of Indonesians.

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By Melissa Goh
Published on 12 May 2023