Sector IntelligenceLugano

VALUATION DIAGNOSTIC
MedTech & Medical Devices

Specific market analysis for MedTech & Medical Devices companies based in Lugano.

Pro-Forma Valuation

Market demand in Lugano for MedTech & Medical Devices assets remains strong.

KEY DRIVER

"Skills gap, continuous professional development (CPD)."

Local Multiples (Est.)

6.0 - 8.5x Statutory

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Valuation Impact by Size (DACH 2025)

Size BucketMultiple RangeImpact
Micro (< CHF 1M EBITDA)3.8x - 5.1x-33.3%
Small (CHF 1M - 2M EBITDA)5.2x - 7.1x-6.7%
Transition (CHF 2M - 5M EBITDA)6.4x - 8.6x+11.1%
Lower Mid-Market (CHF 5M - 10M EBITDA)8.7x - 11.8x+33.3%
Mid-Market (> CHF 10M EBITDA)11.0x - 14.9x+66.7%

Source: NIMBO, Dealsuite, KPMG, SECA, Practitioner Interviews // Niche Baseline: 7.5x

MedTech & Medical Devices Market in Lugano

Lugano — known for a robust financial sector — represents a significant market for MedTech & Medical Devices companies in Switzerland. The local business environment is shaped by the canton's economic profile, offering distinct opportunities for both buyers and sellers in this niche.

Current EBITDA multiples for MedTech & Medical Devices businesses range from 6.0 - 8.5x (statutory) to 6.5 - 10.5x (deal), reflecting a significant arbitrage opportunity. The sector trend is rising, driven by: Skills gap, continuous professional development (CPD). This positions Lugano as a notable market within the broader Healthcare sector.

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Full Swiss market analysis across all 26 cantons, including comparable M&A transactions and sector trends.