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This phenomenal growth was been facilitated largely by improvements in ICT infrastructure of the region, the availability of a pool of creative talents, and the cost advantages of some the economies in the region to compete with the rest of the world. [...] SWOT Analysis of the Sector Given the framework drawn in section 2.1 and described extensively in sections 2.2 and 2.3 the potentials of transforming the health services and wellness sector, on the one hand, and the creative services sector, on the other hand, can be evaluated in terms of the analysis of the strengths, weaknesses, opportunities and threats of the sector. [...] For the identification of opportunities and threats the analysis will involve a description on the role of the domestic and external market environments in shaping the competitiveness of the sector/industry. [...] For institutional support, the analysis will cover a discussion on the effectiveness of institutional support for the designated services industr(ies) including the adequacy of the educational system, the administration of justice, peace and order, and security in enhancing the competitiveness of the firms in the sector/industry. [...] (Phua & Pocock, 2012) The development of Singapore as an international medical hub should be seen in the light of the role of healthcare services in the development of the biomedical industry which is considered one of the pillars of the new economy that will drive and sustain the growth of the Singaporean economy in the future.