BMI View: The Swiss medical device market will grow moderately over the 2016-2021 forecast period, but
will register low single-digit growth in US dollar terms due to local currency depreciation. The market will
benefit from real GDP growth accelerating towards developed market averages in 2018-2019. The
country's favourable tax rates, high demand for sophisticated products and continued investment in
medtech start-ups, will boost growth in the medical technology sector.