Singapore is home to more than 80 health tech companies operating across digital health records, telemedicine, AI diagnostics, and medical device development. The sector is anchored by both homegrown startups and regional headquarters of global firms, supported by government funding through the Economic Development Board and the Integrated Health Information Systems (IHiS) agency.
Key Players in Singapore’s Health Tech Scene
Doctor Anywhere is one of the most recognised local names, offering teleconsultations, pharmacy delivery, and corporate health programmes across Southeast Asia. Holmusk focuses on behavioural and mental health data, working with insurers and health systems to build real-world evidence platforms. Biofourmis uses AI-driven remote patient monitoring and has partnered with hospitals in Singapore and the US. Jogo Health applies digital therapeutics for musculoskeletal conditions, while Speedoc provides home-based medical care including doctor and nurse visits on demand.
On the medtech side, HistoIndex develops fibre-optic Raman spectroscopy tools for liver disease diagnosis without tissue staining. MiRXES is a molecular diagnostics company with a focus on early cancer detection through microRNA biomarkers, and it operates a GMP-certified facility in Singapore. Global firms including Philips, Siemens Healthineers, and Abbott have also placed significant regional operations here.
Government Support and Infrastructure
The Singapore government channels health tech investment through several programmes. Enterprise Singapore supports local startups with grants and market access. The Health Promotion Board runs digital health initiatives targeting chronic disease prevention. A*STAR funds research-to-commercialisation pipelines, and its Biomedical Research Council has co-invested in diagnostics and genomics companies.
One North, specifically the Biopolis and Fusionopolis clusters in Buona Vista, is the physical hub where many of these companies base their R&D operations. The National University Health System and SingHealth, the two major public health clusters, regularly run innovation programmes and pilot new health tech with local startups through structured procurement pathways.
Areas of Growth and Investment Focus
Mental health technology is attracting growing investment, driven by post-pandemic demand and corporate wellness spending. Companies like Intellect, a Singapore-based mental wellbeing app, have expanded to serve millions of users across Asia. AI-assisted radiology is another active area, with firms like Avicenna.AI (which has a Singapore presence) providing tools for CT scan triage.
Genomics is also expanding. Lucence, a liquid biopsy company founded in Singapore, uses circulating tumour DNA testing for cancer screening and is active in both the clinical and insurance markets. The National Precision Medicine programme, a government-led initiative, is building one of the largest multi-ethnic genetic databases in Asia, which is expected to drive further commercial activity in this space.
Frequently Asked Questions
Is Singapore a good place to launch a health tech startup?
Singapore offers strong foundations for health tech startups: a well-funded public health system willing to pilot new products, proximity to Southeast Asian markets, and accessible government grants. The main challenges are a relatively small domestic patient population and high operating costs compared with other regional cities.
What funding is available for health tech companies in Singapore?
Startups can access grants through Enterprise Singapore (including the Startup SG scheme), A*STAR research co-funding, and MOH Office for Healthcare Transformation (MOHT) innovation calls. Private VC activity is active, with firms like Helios Investment Partners and Jungle Ventures having backed health tech rounds locally.
Where are most health tech companies located in Singapore?
The majority cluster around one-north (Biopolis and Fusionopolis) in Queenstown, with others based in the CBD or near major hospitals like Singapore General Hospital and Tan Tock Seng Hospital.
