6
SG Trust Mark

Medical Technology

A trusted global hub for MedTech innovation

Doctors analyzing digital medical data on a transparent screen. Doctors analyzing digital medical data on a transparent screen.

S$19.4 billion

total output1.

~ 17,000

employed in the MedTech sector2.

400+

global and local enterprises in the MedTech ecosystem3.

Why MedTech companies thrive in Singapore

Robot and human hands interacting with a digital human hologram.

Pushing the frontiers of advanced manufacturing for MedTech

Global MedTech companies in Singapore produce a significant global share of high value products such as cardiac implantable, life sciences tools, and contact lenses.

Facilities in Singapore are amongst the best-in-class sites within these companies’ global networks, for New Product Introductions and Manufacturing Process Innovation. Many are building capabilities and driving adoption of automation, Industry 4.0, and Artificial Intelligence (AI)-enabled technologies, from Singapore.

Manufacturing output in Singapore’s MedTech industry grew from S$5.2 billion in 2013 to S$19.4 billion in 2023, reflecting our strong ecosystem and continued commitment to operational excellence.

Two engineers in hard hats and ID lanyards walk through a modern, brightly lit manufacturing facility, discussing operations while another technician works in the background—symbolizing innovation and industrial collaboration.

Powering innovation through strategic partnership

Singapore’s ecosystem of over 2,700 precision engineering and Electronic Manufacturing Services providers offers MNCs local capabilities along the entire sourcing and manufacturing value chain—from high-precision manufacturing and product design to supply chain innovation.

MNCs partner with local enterprises to enhance supply chain resilience and co-innovate new solutions. Many have established networks of local partners with long-standing collaborations that continue to grow and deepen over the years.

Edwards Lifesciences partners with homegrown manufacturer Meiban to design and manufacture new tools. Leica Microsystems taps local enterprises for complex precision machining and sheet metal components for its manufacturing activities.

Doctors analyzing brain scans on a large digital touchscreen.

Trusted innovation hub for MedTech

Alongside manufacturing, Singapore is home to more than 25 R&D Centres conducting a range of activities spanning voice of customer, product development, to digital innovation. 

We have a growing base of more than 400 MedTech global and local enterprises—across areas such as Digital Health, Interventional Devices, Robot-Assisted Devices, Diagnostics and Patient Monitoring Solutions.

Collaborative platforms such as J&J’s JLABS Singapore, launched in October 2023, have incubated at least 50 startups. Accelerators such as MedTech Actuator and MedTech Innovator also run programmes in Singapore, as part of a vibrant HealthTech startup ecosystem that has raised more than US$400 million in funding to date. 

Scale your business from Singapore

Scientist holding a microchip with tweezers in a lab. Scientist holding a microchip with tweezers in a lab.

Accelerating manufacturing potential

Build a best-in-class manufacturing base in Asia’s most dynamic ecosystem.

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Robotic arms performing surgery with doctors observing. Robotic arms performing surgery with doctors observing.

Innovating for global patients

Unlock transformative medical innovations from Singapore.

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Two scientists in lab coats work together in a modern laboratory—one woman examining samples through a microscope while a male colleague observes—highlighting opportunities for research and collaboration with local partners. Two scientists in lab coats work together in a modern laboratory—one woman examining samples through a microscope while a male colleague observes—highlighting opportunities for research and collaboration with local partners.

Collaborating with local partners

Enhance your business resilience and competitiveness with the right partners.

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Get assistance with a range of programmes

Partnerships for Capability Transformation scheme

This scheme was introduced to help original equipment manufacturers (OEMs), and their suppliers cover a portion of costs related to equipment, materials, testing, and professional services.

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MedTech Catapult

MedTech Catapult is a new national initiative that aims to build a go-to medical device product development infrastructural platform in Singapore. The initiative will accelerate speed to market through design, development, verification, and validation of high-value MedTech products for companies in Singapore.

 

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Discover programmes to transform your business

Explore additional programmes designed to enhance the capabilities or broaden the scope of operations for businesses in Singapore.

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Explore useful resources to get you started

<h5><b>Insights into Singapore's Medical Technology industry</b></h5>
Insights into Singapore's Medical Technology industry
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