This newsletter provides a comprehensive overview of M&A activity in the healthcare industry across the DACH region, with a particular focus on Switzerland. The analysis covers transactions from 2021 to 2024.

At a glance:

  • After a multi-year decline, healthcare M&A activity in the DACH region showed a moderate recovery in 2024, led by a resurgence in the Healthcare Equipment and Services segment.
  • Switzerland remained a stable and resilient M&A market throughout the period and contributed disproportionately to the regional recovery in 2024.
  • In 2024, the Swiss transaction landscape continued to be shaped by strong inbound activity, with international buyers — particularly from Germany and the U.S. — driving the majority of deal volume.

See the full report here as a PDF