Singapore Medical Device Market is Driven by Expansion of Medical Facilities and Increased Focus on Home Healthcare Services: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 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)” by Ken Research suggested a growth at a CAGR of 11.1% in revenue in Singapore medical devices market by 2022. International players have started to focus on new customer centric models such as e-commerce, home health care and DIY health concepts Ageing population, expansion of major hospitals and clinical laboratories and technology advancements were the key factors driving growth in Singapore medical devices market. Singapore has the ability to manufacture high quality products and components, including some sophisticated medical devices and equipment. This has made Singapore a preferable alternative for sourcing medical devices. Singapore medical device market has inclined at a positive CAGR driven by expansion of healthcare institutions and increased demand for home care devices such as Elderly Care Monitoring Systems (sensors at home, applications, wearable devices). The number of hospitals increased from 24 in 2012 to 29 in 2016, while the number of clinics increased from 2,403 in 2012 to 2,961 in 2017. The medical device market underwent various changes in the licensing process which led to reduced paperwork, shortening of approval timeline and more number of licenses being granted in the past 5 years. This supported the medical device manufacturers and distributors in expanding their product portfolio and supports the expansion of healthcare facilities. Rise in aging population, increasing incidences of chronic diseases have made the home healthcare segment an emerging sector, for medical device manufacturers. Due to rising emphasis on preventive medicine, the demand for testing, screening and monitoring devices has increased. The potential to reduce healthcare complications and ensure the portability of devices, with high accuracy has created a significant demand for monitoring and testing devices. Increasing activities of telemedicine in consultation, surgery, imaging and cardiology have boosted the demand for advanced technological medical devices. Technological advancements coupled with growing prevalence of lifestyle diseases will propel the market for medical devices in Singapore. At present, more than 60% of medical devices imported into Singapore are subsequently re-exported as Singapore acts as a major trading hub importing and exporting all kinds of medical devices for re-export to third countries To know more, click on the link below: https://www.kenresearch.com/healthcare/medical-devices/singapore-medical-equipment-market/149667-91.html Related Report : – https://www.kenresearch.com/healthcare/general-healthcare/uae-healthcare-market-report/37505-91.html https://www.kenresearch.com/healthcare/general-healthcare/qatar-healthcare-market-report/99730-91.html https://www.kenresearch.com/healthcare/general-healthcare/saudi-arabia-healthcare-market-research-report/1106-91.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com 0124-4230204 Post Views: 26 Tags: Dental Devices Market Singapore, Diagnostic Imaging Devices Market Singapore, Growth Drivers Singapore Medical Device, Major Companies in Singapore Medical Device, Market Share Medical Device Singapore, Medical Consumable Market Singapore, Medical Device Future Singapore, Medical Device Import Volume Singapore, Medical Device Imports Singapore, Medical Device Manufacturers Singapore, Medical Device Market Competition Parameters, Medical Device Market Singapore, Medical Equipment Industry Singapore, Medical Furniture Market Singapore, Opportunities Singapore Medical Device Industry, Orthopedic Devices Market Singapore, Patients Aids Market Singapore, Regulations Singapore Medical Device, Singapore Medical Device Value Chain, Type of Medical Devices Singapore, Wound care Market Singapore