This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 2/14/2019

Overview

Swiss healthcare spending reached 12.7% of GDP in 2017, allowing opportunities for U.S. companies offering innovative medical and pharmaceutical products to the Swiss market.  U.S. companies may also find opportunities to supply global pharma companies based in Switzerland, including Novartis and Roche.  An abundance of smaller entities and various med tech companies are active as manufacturers, suppliers, service providers, and sales companies.  About 46,000 employees are directly working for the Swiss pharmaceutical industry and another 55,000 are working in the med tech industry.
 
Mio USD20142015201622017 (Estimated)2
Total Local Production133,22934,49036,89037,996
Total Exports365,95363,22770,38673,943
Total Imports325,61123,52726,56830,808
Imports from the US3
 		4,4214,2784,6394,345
Total Market Size-4,026-3,885-6,928-5,139
Exchange Rates0.9150.9630.9850.985
(total market size = total local production + imports - exports)
1 Swiss gross value-added in the sectors of education and training as outlined in https://www.bfs.admin.ch/bfs/de/home/statistiken/volkswirtschaft/volkswirtschaftliche-gesamtrechnung/produktionskonto.assetdetail.3322008.html
2 Based on a 3% estimated annual growth rate.
3 Estimates include pharmaceutical products (HS Code 30) and med tech products (HS Code 9018).

Leading Sub-Sectors

Drugs, instruments and appliances used in medical, surgical, dental or veterinary sciences, drugs in general, human and animal blood, vaccines, and bandages.

Opportunities

Opportunities for U.S. suppliers delivering the Swiss market include all leading sub-sectors.

Web Resources

Swiss Agency for Therapeutic Products (Swiss government agency regulating the Swiss market access): www.swissmedic.ch
Association of pharmaceutical companies doing research in Switzerland (interpharma): www.interpharma.ch
Business Association Chemistry Pharma Biotech (scienceindustries Switzerland): https://en.scienceindustries.ch/public-home
IFAS trade fair in Zurich (October 23 to 26, 2018): http://www.ifas-messe.ch/en/trade-fair
ILMAC trade fair in Basel with a focus on lab equipment (September 24 to 27, 2019): https://www.ilmac.ch/de-CH.aspx
 

Prepared by the International Trade Administration. With its network of more than 100 offices across the United States and in more than 75 markets, the International Trade Administration of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.