Singapore medical technology startups target overseas growth

 02-Jun-17, Nikkei Asian Review 

A medical technology cluster is developing in Singapore, with startups creating products that could help advance patient care. While the medical technology field in Singapore is relatively new, there is no lack of innovation in the sector, from the world's first portable kidney dialysis machine to a robotic surgical arm that can be operated like a console game.

Image: Endomaster

Local startups have been raising increasing amounts of capital, mainly from foreign investors, and linking with foreign companies and medical organizations in efforts to develop and bring their products to market.

But high development costs and the lack of a breakthrough local success story could hold the sector back.

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