Switzerland – Overview of medical device industry and healthcare stats

Below you will find basic demographic and economic data for Switzerland, plus specific information about the country's medical device and healthcare industries.

Swiss medical device industry: The Swiss medical device market was valued at $3.5 billion in 2014 and growth is expected to be minimal through 2019. Switzerland is less populated than its neighboring European countries with approximately 8 million residents, but its medical device industry is sophisticated. Swiss medical device manufacturers are competitive in the global marketplace and export the majority of their products.

Opportunities in the Swiss market: Healthcare spending per capita is high in Switzerland – almost $1000 USD. As such, the local healthcare industry is receptive to innovative technologies that increase the effectiveness and efficiency of care. There is consistent demand for cardiology equipment, medical software, monitoring and intensive care equipment, home-care devices, diagnostic systems, IVD, orthopedics, and surgical consumables.

Industry challenges in Switzerland: Predictions for the Swiss medical device market are moderate as the Swiss franc depreciates compared to major global currencies. A slight downturn in the market may occur due in part to the establishment of a new trade association, SWISS MEDTECH. However, SWISS MEDTECH is designed to increase the appeal of the Swiss market long term.

How Switzerland compares to other markets

  SWITZERLAND Compare to
GERMANY
Compare to
BELGIUM
Population 8,121,830 80,854,408 11,323,973
Primary language(s) German German Dutch, French
Total healthcare spending $78.6 billion $437 billion $55 billion
Healthcare expenditures total (% of GDP) 11.7% 11.3% 10.6%
Healthcare expenditures per capita $9674 (USD) $5411 (USD) $4884 (USD)
Expenditures on healthcare Government: 66%
Private: 34%
Government: 77%
Private: 23%
Government: 78%
Private: 22%
Size of medical device market (USD) $3.5 billion (USD – 2014) $26 billion (USD – 2014) $2.6 billion (USD – 2014)
Number of hospital beds 5 per 1000 people 8.2 per 1000 people 6.5 per 1000 people
Age distribution 0-14 years: 15%
15-64 years: 67%
65 years and over: 18% (2015 est.)
0-14 years: 13%
15-64 years: 66%
65 years and over: 21% (2015 est.)
0-14 years: 17%
15-64 years: 65%
65 years and over: 18% (2015 est.)
Life expectancy at birth Male: 80 years
Female: 85 years
Male: 78 years
Female: 83 years
Male: 78 years
Female: 84 years
Currency Swiss franc Euro (€) Euro (€)

Want to see how Switzerland compares to many other countries in Europe and around the world? Download our free PDF Healthcare spending by country.