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: