• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, July 2, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Mergers & Acquisitions, Venture Financing to Accelerate Healthtech Market in Singapore

December 14, 2021
Stephen M.Cby Stephen M.C
in Asia
0
Singapore

Singapore General Hospital

Singapore’s healthtech market is expected to experience massive growth, as mergers and acquisitions and venture financing improve in the country’s health market, according to GlobalData.

This is buoyed by growing awareness on healthcare, increased research, favorable regulatory scheme under the Smart Nation initative and the increased need for digital consultations amidst the COVID-19 pandemic in the healthtech sector in Singapore.

According to GlobalData’s report, ‘Singapore Healthcare, Regulatory and Reimbursement Landscape – CountryFocus’ the total healthtech deals in Singapore were valued at more than $1billion in 2020, with venture financing and M&A accounting for more than 75 per cent of the deal’s value.

RelatedPosts

Trump Hints Israeli Agreement To 60-day Truce

Aid Groups Call For End To Gaza Humanitarian Foundation

Thai Prime Minister Suspended

Singapore government’s Smart Nation initiative is expected to further drive strategic collaborations in the field of healthtech in the country.

Vinita Sippy, Medical Devices Analyst at GlobalData, commented:

“Majority of Mergers and Acquisitions (M&A’s) and venture financing in Singapore’s healthtech sector are mostly focused on artificial intelligence (AI), big data and telemedicine. While M&A’s will continue to remain higher in value, venture financing is expected to grow at a faster pace.”

Vinta Sippy, Medical Devices Analyst, GlobalData

Driven by the increasing use of digital healthcare solutions, the Ministry of Health, Singapore developed a Healthcare Cybersecurity Essentials program under the Healthcare Services Act to safeguard the assets and data. This is intended to help in preventing cybercrime and increase the sustainability of technology uptake in the country, GlobalData said.

“The recent collaboration between National Supercomputing Centre Singapore and National University Health System is expected to result in building a petabyte-scale edge supercomputing infrastructure, ‘Prescience’. This investment will also support the national Artificial Intelligence (AI) healthcare initiatives and allow clinical researchers to run complex healthcare models.”

Vinta Sippy, Medical Devices Analyst, GlobalData

Singapore’s Health Market Focused on Health Technology

It is the country’s aim to provide smart healthcare to people with the help of novel technologies, which is helping the country to withstand the impact of COVID-19 pandemic on its healthcare system. Singapore’s healthcare market is a strongly growing market in the Asia-Pacific region, with a focus on health technology and research & development.

Additionally, telemedicine, electronic health records, patient solutions, medical diagnostics, health management solutions, personal health and fitness, and medical education are some of the areas where technology plays a major role.

Pratibha Thammanabhatla, Medical Devices Analyst at GlobalData, commented: “The COVID-19 pandemic and the rapidly aging population are driving the demand for innovative medical technologies in Singapore.”

Polyclinics in Singapore are adopting new technologies such as virtual systems, and this is making the healthcare delivery more accessible and affordable, especially during the pandemic. These virtual systems provide faster services to patients while eliminating incidental costs that accompany hospital visits, and help the physician attend to more patients each day.

“There has been a significant rise in the development and deployment of transformational technologies in healthcare system during the pandemic in Singapore, and this demonstrates the commitment of the country in achieving its aim of providing technology-driven healthcare solutions to its citizens.”

Pratibha Thammanabhatla, Medical Devices Analyst, GlobalData

READ ALSO: Eni, Vitol and Springfield Unitisation Impasse Likely to Drag Into 2022

Tags: FianncingglobaldataHealthtech marketmergers and acquisitionsSmart Nation Initiative
Please login to join discussion
Previous Post

Bank of Ghana grateful to the Bank of England for strengthening supervisory cooperation in Ghana

Next Post

Refrain from Illegal Financial Trade, BoG Charges Rural and Community Banks

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Sahel’s Gold Boom Masks Growing Regional Instability
Africa

Sahel’s Gold Boom Masks Growing Regional Instability

July 2, 2025
Early Endorsements in NPP’s Flagbearership Race Signal Democratic Vigour – CDD-Ghana Fellow
General News

IMANI Warns of “Missing Gaps” in NPP’s Renewal Drive

July 2, 2025
GSE Indices Dip Marginally Amid Sharp Decline in Trading Activity
Securities/Markets

GSE Indices Dip Marginally Amid Sharp Decline in Trading Activity

July 2, 2025
Trump Seeking Real End To Israel-Iran Conflict
USA

Trump Hints Israeli Agreement To 60-day Truce

July 2, 2025
GNPC, Partners Launch Offshore Safety Outreach Campaign 
Extractives/Energy

New GNPC Board Urged to Chart Bold Path for Energy Security

July 2, 2025
Ghana Police cracks down foils gold robbery attempt
General News

Police Foils Gold Robbery Plot Near Akuapem

July 2, 2025
Sahel’s Gold Boom Masks Growing Regional Instability
Africa

Sahel’s Gold Boom Masks Growing Regional Instability

by Lawrence AnkutseJuly 2, 2025
Early Endorsements in NPP’s Flagbearership Race Signal Democratic Vigour – CDD-Ghana Fellow
General News

IMANI Warns of “Missing Gaps” in NPP’s Renewal Drive

by Evans Junior OwuJuly 2, 2025
GSE Indices Dip Marginally Amid Sharp Decline in Trading Activity
Securities/Markets

GSE Indices Dip Marginally Amid Sharp Decline in Trading Activity

by Stephen M.CJuly 2, 2025
Trump Seeking Real End To Israel-Iran Conflict
USA

Trump Hints Israeli Agreement To 60-day Truce

by Comfort AmpomaaJuly 2, 2025
GNPC, Partners Launch Offshore Safety Outreach Campaign 
Extractives/Energy

New GNPC Board Urged to Chart Bold Path for Energy Security

by Prince AgyapongJuly 2, 2025
Ghana Police cracks down foils gold robbery attempt
General News

Police Foils Gold Robbery Plot Near Akuapem

by Lilian AhedorJuly 2, 2025
Sahel’s Gold Boom Masks Growing Regional Instability
Early Endorsements in NPP’s Flagbearership Race Signal Democratic Vigour – CDD-Ghana Fellow
GSE Indices Dip Marginally Amid Sharp Decline in Trading Activity
Trump Seeking Real End To Israel-Iran Conflict
GNPC, Partners Launch Offshore Safety Outreach Campaign 
Ghana Police cracks down foils gold robbery attempt
[/vc_row_inner]

Recent News

  • Sahel’s Gold Boom Masks Growing Regional Instability
  • IMANI Warns of “Missing Gaps” in NPP’s Renewal Drive
  • GSE Indices Dip Marginally Amid Sharp Decline in Trading Activity
  • Trump Hints Israeli Agreement To 60-day Truce
  • New GNPC Board Urged to Chart Bold Path for Energy Security
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.