December, 2025. Seven companies based in Coyol Free Zone are among the Top 30 Global Medical Device Companies of 2025, according to the annual report by MPO (Medical Product Outsourcing). This result undoubtedly consolidates the park as a benchmark in the sector and reinforces its national and international leadership, thanks to a solid, innovative, and constantly growing business ecosystem.
Based on the report, Medtronic, Abbott, Philips, Cardinal Health, Terumo, Smith & Nephew and Hologic have established themselves as leaders in the global medical device market, and reinforced the positioning of Coyol Free Zone as a strategic hub chosen by leading companies in the sector for their operations in Costa Rica.
These seven companies, along with 27 other domestic and foreign companies, make up the strongest cluster in the Life Sciences industry in the country.
Carlos Wong, Managing Director of CODE Development Group, co-developer of Coyol Free Zone, said that the Park, with 18 years of experience, is proud to host companies that improve the quality of life of patients around the world by creating innovative medical devices.
Their impact goes beyond the field of health, driving the country’s economic growth, strengthening and positioning Costa Rica as a benchmark in the Life Sciences industry. “From our park, we will remain committed to offering optimal conditions for their successful operation and global leadership, as well as for other companies in the process of expansion and growth,” said Wong.
The preparation of the MPO report is based on indicators such as annual sales revenue, investments, and market share, revealing the continued dynamism of a key industry in expansion.
Coyol Free Zone has a sustainable value proposition that allows it to operate in harmony with the environment and meet the business, and human talent needs of the 34 companies it hosts in sectors such as Life Sciences, Semiconductors, and Smart Manufacturing.
The park has more than 300,000 m² of industrial buildings, of which 100,000 m² are certified under LEED (Leadership in Energy and Environmental Design) standards, which evaluate key factors such as energy consumption, water management, alternative energies, indoor environmental quality, choice of materials, and waste management during construction.
This is the first Free Trade Zone in Costa Rica with ISO 9001-2015 certification for Construction Project Management. It also offers competitive advantages that attract companies from the most sophisticated industries, including:
- Highly specialized human talent.
- Focus on sustainability and innovation.
- Privileged location, just 7.5 km from the Juan Santamaría International Airport, 60 km from Puerto Caldera, and accessible via major roads (Route 1 and 27).
- Exclusive programs such as “Coyol Impulsa,” which offers access to local suppliers and is reflected in a resilient value chain.
- High value-added on-site services, such as sterilization, packaging, and logistics, which optimize operational efficiency and significantly reduce delivery times. This allows finished products to be exported directly to end markets around the world.
- Portfolio of high value-added services such as: exclusive transportation platform, Job Board with over 220,000 active users, Job Fairs, talent attraction and development services, among others.
For more information on the Top 30 Global Medical Device Companies of 2025 published by Medical Product Outsourcing, visit https://www.mpo-mag.com/top-companies-reports/top-global-medical-device-companies/