Medtech offers booster shot for Singapore's biomed
Major job-creating sector expected to continue growing; 50 regional HQs from leading medtech firms based here
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IT'S been a tough year for the manufacturing sector, but the medical technology sub-sector has had a standout performance so far and is expected to continue to do well on the back of growing demand for high-tech medical equipment in Asia and opportunities brought on by digitalisation.
One-half of the biomedical manufacturing sector, it is also the more stable component and a larger jobs creator, with demand for talent still growing.
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