Singapore’s Fast-Expanding MedTech Sector

Category: Equity Investments

Country or region: Singapore

Summary:
  • Asia’s MedTech (Medical Technology) Sector is expected to become the second largest globally by 2020 (with CAGR of 8%). Singapore is becoming a regional MedTech hub as supportive government policies and the manufacturing sector contribute positively.
  • SGX lists four stocks with MedTech businesses (Clearbridge Health, Techcomp Holdings, Vicplas International and QT Vascular) with a combined market capitalisation of S$413 million. Clearbridge Health is a recent debutant with management announcing an acquisition a month after its listing.
  • A handful of SGX IT companies have also diversified some of their businesses into MedTech. There are six SGX IT stocks generating revenue from MedTech, of which three are EMS providers.
Date of original publication:

01/25/2018


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