singapore
Download
Skip this Video
Download Presentation
SINGAPORE

Loading in 2 Seconds...

play fullscreen
1 / 15

SINGAPORE - PowerPoint PPT Presentation


  • 354 Views
  • Uploaded on

SINGAPORE. The Biopolis of Asia By: Luanne Theseira Commercial Specialist U.S. Commercial Service, Singapore Email: [email protected] Singapore – The Biopolis of Asia. Global Biomedical Services Hub Advancing Human Healthcare. Regional HQ. Product & Process Development.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'SINGAPORE' - Donna


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
singapore

SINGAPORE

The Biopolis of Asia

By: Luanne Theseira

Commercial Specialist

U.S. Commercial Service, Singapore

Email: [email protected]

slide2

Singapore – The Biopolis of Asia

Global Biomedical Services Hub Advancing Human Healthcare

Regional HQ

Product & Process Development

Full-scale Manufacturing

Basic & Clinical Research

Healthcare Delivery

Marketing

Source: EDB Singapore

slide3

Strong IP Protection

World Intellectual Property Office

Madrid Protocol

Berne Convention

Singapore is signatory to major IPR conventions & treaties

Budapest Treaty

Paris Convention

Trade Related Aspects of IPR (TRIPS)

Patent Cooperation Treaty (PCT)

Nice Agreement

“Singapore has a solid infrastructure, strong government support for the biomedical sciences industry, sound intellectual property protection and excellent opportunities for synergistic local collaborations.” Managing Director, Lilly Systems Biology

Source: EDB Singapore

slide4

ProcessesBiomedical Sciences Cluster

Medical Technology

Biomarkers

Pharmaceutical Services

Drug Discovery

Bioprocessing

Genomics & Proteomics

Molecular & Cell Biology

Bioengineering & Nanotechnology

Computational Biology

Healthcare Services & Delivery

Stem Cells

Bioimaging

Biotechnology

Source: EDB Singapore

vision
VISION

To develop Singapore as the Healthcare Services Hub in Asia. Already the regional hub for South East Asia.

- Expand from less than 1% in 2000 to 3% by 2012.

=> Represent 1 million foreign patients contributing $2.6 billion of value-add or 1% more to GDP

singapore healthcare services hub in asia
Singapore – Healthcare Services Hub in Asia
  • Recognizes the potential growth in regional demand
  • Asia’s population will expand from 3.2 billion to 5. 6 billion in 2050.
  • Consumer expenditure on healthcare services and healthcare goods is expected to grow to US$188 billion in 2013.
singapore healthcare system health status and best prospects
Singapore – Healthcare System, Health Status and Best Prospects
  • Government Expenditure stands at 0.9% of GDP

ðlower than any developed country

ðpopulation is much younger at present

ð  as population ages, health expenditure will be higher

Singapore Government is looking at ways to address the problem of rising healthcare costs

healthcare financing
Healthcare Financing

Singapore has a hybrid healthcare financing framework

Two Key Principles :-

  • Individual Responsibility
  • Community and Govt. support for those in need
primary healthcare services hospital care
Primary Healthcare Services / Hospital Care

Primary Healthcare

  • 80% of the primary healthcare services is provided by the private practitioners
  • 20% by the Govt polyclinics

Hospital Care

• 80% of hospital care provided by public sector

• 20% by the private sector

health facts
Health Facts
  • Cancer – Biggest Killer in Singapore
  • Heart Disease –2nd Most Common Cause of death
  • Stroke– 4th Most Common
  • Diabetes Mellitus – 8% of population diabetic, accounts for 8% of all deaths

AIM => to identify these early and take preventive or corrective steps promptly.

health sciences authority hsa
Health Sciences Authority (HSA)

SINGAPORE’S EQUIVALENT OF THE FDA

  • Health Products Regulation Group
  • Health Products Bill tabled in Parliament in Jan 2007
  • Adopts a Risk-Based Approach

=> Devices approved for use in the U.S., Europe, Japan and Australia are acceptable

future challenges
Future Challenges
  • The increasing cost of providing healthcare as a result of advances in medical knowledge and technology
  • Rising expectations and demand for better and more sophisticated health services by a more affluent public
  • Rapidly ageing population
future plans
Future Plans
  • Health spending to reach US$2 billion a year within the next 5 years.

=> Currently, it is US$1.3 billion per year

  • 2 Plots of Land will go on sale in 2007 for the development of private hospitals
  • Expected to yield an additional 400 beds

• In the Public Sector, approx. 910 beds will come on stream in 2007

best prospects opportunities
Best Prospects / Opportunities
  • Cutting-edge medical technology and equipment
  • Health Screening products
  • Point-of-Care Diagnostics
  • Preventive Care
  • Home Care
  • Infection Control Products
ad