Singapore’s medical inflation rate is projected to remain steady at 12% in 2025, matching the rate observed in 2024, according to a report from WTW. This sustained high rate is attributed to ongoing factors such as elevated real estate costs and healthcare staffing expenses, alongside Singapore’s prominence as a medical treatment hub in the Asia Pacific region. In response, the government aims to enhance healthcare workforce well-being and preventive care through the updated Industry Transformation Map 2025, which seeks to optimize digital resources and attract healthcare professionals. Compared to the broader Asia Pacific region, Singapore’s medical inflation is slightly lower than the projected average of 12.3% for 2025.
