openPR Logo
Press release

Future Outlook of Singapore Medical Devices Market: Ken Research

07-11-2022 11:36 AM CET | Health & Medicine

Press release from: Ken Research

Future Outlook of Singapore Medical Devices Market: Ken

The report titled "Singapore Medical Devices Market Outlook to 2022 - by Type of Medical Device (Consumables, Diagnostic Imaging, Patient Aids, Orthopedic & Prosthetics, Dental Products and Others)" covers aspects such as medical device market segment (by type of medical device, and by end users), competitive landscape of major players in the Singapore medical device market, and covering competitive landscape of major medical device manufacturers and distributors including QT Vascular, Biosensors International, Becton Dickinson, Optimal Medical Products Pte Ltd, B. Braun Singapore Pte Ltd, Alcare Pharmaceuticals, and Kingston Medical Supplies Pte Ltd. The report concludes with market projection for future highlighting the major opportunities and cautions.

For More Information, Click on the Following Link: -

Singapore Medical Device Market Overview
Singapore Medical device revenue increased at a double digit CAGR during 2012-2017. The market is in the growing stage with rise in number of foreign players. This was driven by expansion of healthcare institutions and increased demand for home care devices such as Elderly Care -Monitoring Systems (sensors at home, applications, and wearable devices). Singaporeans' strong demand for better healthcare creates an excellent market for foreign medical device companies, who supply more than 85% of the country's devices. Leading importers include the US, Germany and Japan. At present, more than 60% of products imported into Singapore are subsequently re-exported.

Singapore Medical Device Market Segmentation
By type of Medical Device: Consumables have accounted for the largest share in terms of revenues in Singapore Medical Devices market in 2017. This is followed by diagnostic imaging products, patient's aids, orthopedic & prosthetics and dental products. Others which include Point of Care Testing devices, radiation oncology devices, therapy system and testing and measurement systems have accounted for remaining share of the overall market revenue.
By End Users: Ministry of Health which controls most of the hospitals and significant proportion of the clinics in Singapore has accounted for largest share of the medical devices in Singapore in 2017. Other healthcare institutions such as private hospitals and clinical laboratories have accounted for the remaining share.

Competitive Landscape of Singapore Medical Device Market
The medical device market in Singapore is fragmented with increasing focus on providing medical products, services and data intelligence services to its end users (public hospitals, private hospitals and others) to aid in delivering high quality care in a cost-effective way to their patients. Market players are competing on product customization and technology. Domestic manufacturers focus on consumables and foreign players focus on high-end devices. International players have started to focus on new consumer centric models such as e-commerce, home health care, and DIY health concepts. Major companies include QT Vascular, Biosensors International, Becton Dickinson, Optimal Medical Products Pte Ltd, B. Braun Singapore Pte Ltd, Alcare Pharmaceuticals, and Kingston Medical Supplies Pte Ltd.

Request for Sample Report: -

Singapore Medical Devices Market Future Potential
The market is estimated to register single digit CAGR growth during 2017-2022. Digitalization is a key trend in healthcare with the electronic patient record in place and improving communication systems are being considered. Telehealth and remote monitoring are being trialed for future implementation. There is also a shift from treatment to preventive care and health promotion, where mobile applications and wearable devices or the Internet of Things will see an increased uptake. The opportunities are in personal health management, health screening, disease management, preventive care products, access to homecare resources and support, health IT solutions, data sharing, and advanced technologies that would enable integrated healthcare

Key Topics Covered in the Report:
• Singapore Medical Device Market Size, 2012-2017
• Singapore Medical Device Market Segmentation (By Type Of Medical Device, And By End User)
• Trends and Developments in Singapore Medical Device Market
• Government Initiatives, Rules and Regulations in Singapore Medical Device Market
• Singapore Medical Device Market Competitive Landscape
• Singapore Medical Device Future Outlook and Projections, 2018-2022
• Analyst Recommendation

Related Report: -
North America Connected Medical Devices Market Outlook and Forecast to 2027 - Driven by Rising Consumer Awareness, Prevalence of Chronic Diseases, and Cost-containment of Connected Medical Devices

Contact Us: -
Ankur Gupta, Head Marketing & Communications

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Future Outlook of Singapore Medical Devices Market: Ken Research here

News-ID: 2676128 • Views: 273

More Releases from Ken Research

Cyber-Security Services Market Worldwide - Ken Research
Market Overview Cyber security solutions are the most significant applications in the IT environment as it guards the data, computers, programs, networks from unlawful access and inappropriate activities. With the rising technology and new trends emerging at a speedy pace, cybercrime rates have augmented in present years. Cyber thefts can occur via any minor loophole for theft critical information of the consumers' or the organizations' and sell them in the black
Worldwide Furniture Market | Office and Home Furniture Market Share, Major Playe …
Furniture is utilized in spas, offices, laboratories, clean rooms, camping, restaurants, bedroom, library, outdoor, stores, and parks. Most furniture is produced utilizing a variety of materials and is prevalent in dissimilar designs. Furniture are movable items likewise beds, chairs, tables, cupboards, shelves, or in the form of decorative art utilized at several places. Furniture proposes dissimilar solutions likewise dining, sleeping, seating and storage function. Across the commercial spaces, the furniture
Our Experts Implement Efficient Action Plan to Increase NPS: Ken Research
eNPS is an employee experience metric that enables you to measure how loyal and employed your employees are. It's reliant on the Net Promoter Score (NPS), which is one of the most prominent metrics used to measure the customer loyalty. Just like the NPS, the core of the eNPS comes down to an individual simple question: On a scale of 1-10, how prospective are you to recommend our company to friends and
Media And Entertainment Industry Market Research Reports Subscription: Ken Resea …
A Publisher of the market intelligence and Inclusive aggregator, equity and economy reports, the Ken Research distributes business intelligence and operational consultative squarely the 300+ verticals highlighting the inflammatory technologies, emerging business models along the habituated analysis and completion case studies. Not only has this, we make reachable the perfect research practicalities, intelligible definition, transparent constriction ad scenario based forestalling models to our potential shoppers. Nonetheless, the Ken Research competently

All 5 Releases

More Releases for Medical

Medical Tourism Business
Medical Tourism businesses are experiencing sudden whoop in the industry. It is because of the availability of great procedures, technologies, infrastructure, and medicines required. It is projected that the Medical Tourism sector will progress to $8.2-9 Billion by 2025. In the market data, it clearly shows, the demand for healthcare services is rapidly growing, and it is potential for the business to enter the market. As the modern trends, awareness,
Medical Defibrillator(Monophasic)
Asynchronizer:External defibrillator Charging time:At 360J less than 10 sec Paddle configuration:Reusable extermal adult and pediatric paddles Operates from the mains (AC) and with its intemal Lead-acid battery Jiangsu Medwish Network Technology Co., Ltd. is located in Jiangsu, China. It is in a beautiful, clean and convenient environment. We are a professional manufacturer engaged in the research, development, production, sales and export of medical equipment. At the same time, we have a professional foreign
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Global Tracheostomy Tube (Tracheotomy Tube) Market 2018 - Medtronic, Teleflex Me …
The Global Tracheostomy Tube (Tracheotomy Tube) Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Tracheostomy Tube (Tracheotomy Tube) industry. Firstly, Tracheostomy Tube (Tracheotomy Tube) Market report provides a basic overview of the Tracheostomy Tube (Tracheotomy Tube) industry including definitions, classifications, applications and Tracheostomy Tube (Tracheotomy Tube) industry chain structure. Global Tracheostomy Tube (Tracheotomy Tube) Market analysis is provided for the international market
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and