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10SINGAPOREMEDTECHDIRECTORY2023/2024MonthlyManufacturingPerformanceAugust2022Onayear-on-yearbasisSingaporesmanufacturingoutputincreased05percentinAugust2022Excludingbiomedicalmanufacturingoutputdeclined12percentClusterPerformanceBiomedicalmanufacturingOutputincreased111percentinAugust2022onayear-onyearbasis Themedical technologysegmentexpanded189percent withhigherdemandformedicaldevicesfromtheUSandChinaThepharmaceuticalssegmentgrew64percent due to a differentmix of activepharmaceuticalingredientsbeingproducedOn ayear-to-datebasisoutputof thebiomedicalmanufacturingclusterdeclined33percentcomparedtothesameperiodayearagoPERFORMANCEBYCLUSTERSIndustryClusterWeights%changeovercorrespondingperiodofpreviousyear%changeof3-monthmovingaverageovercorrespondingperiodofpreviousyearJun22Jul22Aug22*CumJan- Aug22Jun22Jul22Aug22*BiomedicalManufacturing169-95-105111-33-50-86-35Pharmaceuticals101-260-25164-105-159-214-160MedicalTechnology6815211218974107103151*PreliminarySingaporeEconomicDevelopmentBoard
