Costa Rica has surged as a leading nearshore location for leading multinational companies in the Life Sciences Industry. The country is first per capita and second in Latin America in volume as a medical device exporter, and the country has plans to reach $5 billion in life science exports by the end of 2020.
As Coyol Free Zone enters its 13th year, the specialized park for Life Sciences and Advanced Manufacturing continues to drive growth in the MedTech industry in Costa Rica, hosting 7 of the Top 30 Medical Device companies in the world and employing more than 16.000 Costa Ricans. Medical device exports from Costa Rica have tripled since 2007, and 63% are manufactured in Coyol Free Zone. Learn more about Costa Rica and where the sector is heading, here:
1) Coyol Free Zone exported 63% of all medical devices manufactured in Costa Rica in 2019
2) Medical Device Sector in Costa Rica Moves Towards Research & Development
3) Made in Costa Rica: Universities work to create emergency ventilators for patients with COVID-19
4) Costa Rica: A hub for next-wave solutions in the 4.0 revolution
6) A Practice-Based Master’s Degree: Medical Device Engineering
7) Costa Rica-born Establishment Labs Inc. carries the country’s flag to NASDAQ
8) Medtronic Announces New Manufacturing Facility in CFZ
9) The Importance of Human Talent in Life Sciences
10) Costa Rica shines at Shingo Prizes with three multinational companies awarded
11) Virtual Models impact the construction of Life Science Buildings
13) Costa Rica, a Breathing Lab for Client-Centric Solutions