June 17, 2025|
AI
|6 months agoSwiss Medical Device Industry Faces US Trade Pressure
Swiss manufacturers of medical equipment confront challenges from potential US tariffs, threatening key export market for precision instruments and healthcare technology.
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Generated IllustrationKey Takeaways
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- Switzerland has 1,400 active medical equipment companies as of 2023
- 23% of Swiss-manufactured medical devices are exported to North America
- Switzerland initially faced potential 31% US import tax on medical devices
By The Numbers
CHF 2.8 billion
Swiss medical goods exports to US in 2024
CHF 800 million
Potential cost impact of 31% tariff
10%
Current tariff rate on Swiss goods entering US
They Said
"Switzerland has a very favourable labour framework that allows companies to really innovate, thanks to universities that systematically rank in the global top ten"
"It is a frightening moment, because Switzerland is expensive and it's a small country, so you can't scale your production as much as competitors. A 31% tariff would basically kill the chances of companies to sell in the US"
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Swiss Medical Device Industry Under Pressure
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Industry Overview and Innovation Leadership
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US Trade Tensions and Tariff Impact
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