Singapore launches Medtech Catapult with S$38M investment to accelerate Medtech innovation

February 12, 2025 | Wednesday | News

MedTech Catapult addresses innovator challenges and market limitations to help develop market-ready medtech products.

MedTech Catapult, a national initiative hosted by the Agency for  Science, Technology and Research (A*STAR), officially inaugurated on 12 Feb at Biopolis. An initiative worth S$38 million aims to accelerate the development and commercialisation of high-value medical devices and instruments in the life science sector. As a dedicated support program, it helps medtech innovators and product owners bring their products from concept to market as well as connect them with local contract manufacturing companies. The initiative was first announced during the debate on the Committee of Supply in March 2024.

The launch of MedTech Catapult was officiated by Guest-of-Honor Dr Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry

Accelerating Innovation in The Medtech Sector 

Many medtech innovators and product owners face challenges in product engineering, regulatory  approval, quality assurance and scalable manufacturing, limiting their ability to bring innovations to  market. MedTech Catapult addresses these gaps to help fast-track the market readiness of medtech  products. Through close collaboration with clinicians, regulators, and industry, MedTech Catapult  empowers medtech innovators and product owners of life science instruments and medical devices  to scale their innovations, ultimately bringing enhanced treatment options to patients worldwide. MedTech Catapult's design and development expertise also uplift local contract manufacturing  organisations by strengthening their capabilities, enabling greater production of regulated medtech  devices in Singapore. 

In its first year, MedTech Catapult has supported projects such as Castomize’s Remouldable  Orthopaedic Cast (4D-printed remouldable short arm cast for wrist fractures) and Dornier  MedTech’s Smart System for Enhanced Laser Lithotripsy (kidney stone treatment). Both  companies are leveraging MedTech Catapult’s expertise in medical device design and development,  as well as manufacturing optimisation to scale their innovations. More details on these projects can  be found in Annex A. 

Official Launch of The Supplier and Contract Manufacturer Directory:

MedTech Catapult also unveiled a local supplier and contract manufacturer directory titled “Medtech  Manufacturing in Singapore: A Commitment to Engineering Excellence.” Jointly supported by the  Ministry of Trade and Industry (MTI), A*STAR, Enterprise Singapore (EnterpriseSG), Singapore  Economic Development Board (EDB), and Singapore Precision Engineering and Technology  Association (SPETA), this directory highlights the differentiated capabilities of local manufacturers. It  serves as snapshot of local capabilities for medtech product owners to identify potential local partners for co-innovation opportunities and scaling production efficiently. It will also be continuously updated to connect medtech innovators to the right manufacturing partners, enabling meaningful  collaborations. 

The launch of MedTech Catapult reinforces Singapore’s commitment to drive the development of  transformative healthcare solutions, solidifying its position as a global leader in medtech innovation.

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