Indonesia: cardiology device market revenue growth 2028

In 2022, the annual revenue growth of the cardiology device market in Indonesia was at around 17.9 percent. This accounted for the highest annual revenue growth within the observed period. The Statista Health Market Outlook estimated that the revenue of the market will further show positive growth until 2028.

Revenue growth of the cardiology device market in Indonesia from 2019 to 2028

Characteristic	Revenue growth
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Supplementary notes

Data provided by Statista Market Insights are estimates.

The Cardiology Devices market includes diagnostic, monitoring, and surgical devices that are used to treat heart diseases and heart-related problems.

Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.

Company examples: Medtronic, Johnson & Johnson, Siemens Healthineers.

A detailed methodology can be found in the Statista Market Outlook.

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