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Orthopedics SMEs and Pharmaceutical Giants in Switzerland

In: Medtech

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  • Pierre-Yves Donzé

    (Osaka University)

Abstract

Switzerland is a small, open economy, and its medtech industry is one of the most integrated in the existing global networks. An examination of M&A activity shows the prominent presence of foreign (mostly US and German) firms in Switzerland, while the pharmaceutical giants (Roche and Novartis) expanded their medtech divisions via takeovers of numerous firms around the world. Foreign trade statistics capture the specialization of the Swiss medtech industry and its high-level competitiveness in the field of orthopedic equipment. In analyzing the sources of this comparative advantage, this chapter demonstrates the establishment of a cluster of firms active in the manufacturing of implants since the late 1950s, along with their growth in the global market, thanks to cooperation with Swiss universities and research institutes.

Suggested Citation

  • Pierre-Yves Donzé, 2022. "Orthopedics SMEs and Pharmaceutical Giants in Switzerland," Springer Books, in: Medtech, chapter 0, pages 153-171, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-7174-6_7
    DOI: 10.1007/978-981-16-7174-6_7
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