Innovate UK’s Global Business Innovation Programme consists of a ‘Get ready’ preparation phase, 5-day innovation visit to Singapore focused on Health & Medical Technologies, an ‘Exploit the opportunity’ workshop and support from an Innovate UK innovation and growth specialist. All phases of the programme are aimed at helping your business maximise the opportunities identified and develop innovation projects with partners in Singapore.
Innovate UK would welcome applications from businesses developing innovations in Health & Medical Technologies in the following areas: Medical devices, In-vitro diagnostics, Therapeutic devices, Implants and biocompatible devices, Health monitoring and wearable devices, software solutions for clinical decision support and health information exchange, and Robotic and AI-assisted devices.
Medical Devices
E.g. diagnostic equipment, surgical instruments, orthopaedic, ophthalmic, dental & wound care devices → Strong alignment with Singapore’s growing investment in precision medicine, ageing population needs, and demand for next-gen surgical tools.
In-vitro Diagnostics (IVDs)
Blood testing kits, point-of-care testing, molecular diagnostic: Singapore is scaling early detection and decentralised testing capabilities, with active support for diagnostics innovation via national health transformation plans.
Regulated Health Monitoring & Digital Health Devices
Regulated wearables, remote monitoring, telehealth devices, digital platforms, mobile apps/ software as a medical device. Solutions must have a clear medical purpose such as diagnosis, monitoring, treatment, or prevention of disease and be intended for use within a healthcare context: Aligned with Singapore’s Smart Nation initiative and national push toward digital-first healthcare delivery and predictive analytics.
Why Singapore?
Singapore’s Research, Innovation and Enterprise 2025 Plan aims to better transform and protect health, advance human potential & create economic value for Singapore. With the Asia-Pacific Medical Technology (MedTech) market expected to grow to US$225 billion by 2030, Singapore is strategically placed to enable companies to tap into these regional opportunities, and Singapore’s network of top universities, research institutions and innovative start-ups also enable MedTech companies to fully engage with a vibrant open innovation ecosystem.
Innovate UK has a thriving bilateral partnership with Enterprise Singapore. Since 2021 through open annual bilateral CR&D funding calls health and medical technology proposals has been one of the largest sources of responses between the UK and Singapore, demonstrating significant industry demand for collaboration in this field.
Explore Singapore Health & Medical Technologies opportunities, gain a better understanding of doing business in Singapore, engage with potential innovation collaborators and partners and develop your network in the UK, Singapore and globally.
Applications must be made online through the Innovate UK website: https://iuk-business-connect.org.uk/opportunities/global-business-innovation-programme-health-medical-technologies-singapore
Recording of the Applicant Briefing and slide presentations with additional information for the opportunity available online: https://iuk-business-connect.org.uk/opportunities/global-business-innovation-programme-health-medical-technologies-singapore/
Closing date for applications: 24th August 2025.
