Big Pharma — Singapore

Singapore government initiatives to aid medical devices market growth, says GlobalData

GlobalData medical devices Singapore

Singapore government initiatives to aid medical devices market growth, says GlobalData

Singapore government initiatives to aid medical devices market growth, says GlobalData Singapore medical devices market is expected to witness a strong growth driven by increasing government expenditure on healthcare and rapidly increasing demand for innovative medical technologies, says GlobalData, a leading data and analytics company. GlobalData's report, ‘Singapore Healthcare, Regulatory and Reimbursement Landscape – CountryFocus’, reveals that government initiatives such as Diagnostics Development (DxD) Initiative, Smart Nation initiative will support the increased demand for medical devices by the rapidly aging population to drive the market in Singapore.. Singapore’s public and private healthcare expenditure, which accounts for about 5.3% of GDP...

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