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The Medical Device Market: Switzerland
Espicom Business Intelligence Ltd, Sep 2009, Pages: 106
This in-depth medical device market report is ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.
Executive Summary
Switzerland represents a small but very rich market. The medical equipment & supplies market is estimated to be approximately US$4.1 billion in 2009, which is comparable to China. Per capita spending is among the highest in the world at over US$500.
Healthcare provision is largely decentralised, and paid for through a combination of public and private insurance. Hospitals, clinics and physicians are used to investing in the latest techniques and equipment, although an increasing culture of cost awareness is spreading throughout the healthcare system.
Domestic manufacturing of medical devices is very strong in Switzerland, especially in the orthopaedics sector. The country is one of the world’s leading exporters of devices in this sector.
Although Switzerland remains outside of the European Union, the federal government has increasingly aligned its medical device regulations to those of the EU. Products with the CE Mark should experience little trouble getting approved in Switzerland.
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