By Alajuela, Costa Rica — Costa Rica recently played host to the prestigious MPO Medtech Forum, a key event for the global medical device industry. Held on April 24th and 25th, the forum brought together manufacturers, suppliers, subcontractors, consultants, investors, and other stakeholders to discuss the latest trends, challenges, and opportunities in the sector.
The selection of Costa Rica as the venue for this year’s forum underscores the country’s growing prominence in the medical device industry. The event provided a platform for local experts to interact with global industry leaders and showcase Costa Rica’s attractive business environment.
To gain a deeper understanding of the legal landscape surrounding medical devices in Costa Rica, TicosLand.com spoke with Lic. Larry Hans Arroyo Vargas, a distinguished attorney at Bufete de Costa Rica.
The medical device sector in Costa Rica is experiencing significant growth, driven by factors such as a skilled workforce and a favorable investment climate. However, navigating the regulatory framework, particularly with regard to registration and compliance with local and international standards, remains a crucial aspect for companies seeking to operate in this market. Staying informed about evolving regulations and collaborating with experienced legal counsel can ensure successful market entry and long-term sustainability.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Lic. Arroyo Vargas’ insights underscore a critical point for companies eyeing Costa Rica’s burgeoning medical device market: regulatory navigation is just as crucial as the attractive investment climate. Understanding the complexities of both local and international standards will undoubtedly pave the way for sustained success in this promising sector. We thank Lic. Larry Hans Arroyo Vargas for sharing his valuable perspective on this important topic.
Evolution Free Zone, a state-of-the-art technology park located in Tacares de Grecia, Alajuela, played a significant role as a sponsor and expert contributor to the forum. Home to prominent medical device companies such as AVNA INC, Inari Medical, Accudyn, Trelleborg Medical Solutions, Intricon, and Johnson & Johnson MedTech, Evolution Free Zone exemplifies Costa Rica’s commitment to fostering innovation in the sector.
As a national representative at the event, Evolution Free Zone contributes its knowledge and experience in state-of-the-art real estate solutions for Life Sciences companies, intelligent development and operation of industrial parks, innovation in construction technology, first-class complementary services and of course, a robust sustainability agenda that drives the operation from all areas.
Carlos Wong, General Director of CODE Development Group
Carlos Wong, General Director of CODE Development Group, the developer of Evolution Free Zone, emphasized the significance of hosting the MPO Medtech Forum in Costa Rica. He highlighted the event as evidence of the country’s growing reputation within the medical device industry. Wong also underscored Evolution Free Zone’s commitment to attracting Foreign Direct Investment and supporting the successful operation of companies in Costa Rica through its focus on technology, innovation, and sustainable practices.
The MPO Medtech Forum served as a valuable opportunity for networking and technical updates, facilitating connections between local and international experts. Discussions centered around current industry trends, challenges, and opportunities, further solidifying Costa Rica’s position as a key player in the global medical device landscape.
The event’s success reinforces Costa Rica’s strategic focus on attracting high-value investments in advanced manufacturing and technology. By fostering a supportive ecosystem for businesses, the country aims to continue attracting leading companies in the medical device sector and contribute to the industry’s continued growth.
The forum provided a platform for Costa Rican companies to showcase their capabilities and expertise, further enhancing the country’s reputation as a reliable and innovative partner in the medical device industry. The event served as a testament to Costa Rica’s commitment to sustainable development and its dedication to creating a thriving business environment for international investors.
For further information, visit evolutionfreezone.com
About Evolution Free Zone:
Evolution Free Zone is a modern, high-tech business park located in Tacares de Grecia, Alajuela, Costa Rica. Developed by CODE Development Group, the park focuses on providing cutting-edge real estate solutions, intelligent park operations, and robust sustainability initiatives for companies in the Life Sciences sector, particularly medical device manufacturers. It is home to several prominent international medical device companies and actively promotes foreign direct investment.
For further information, visit codedevelopmentgroup.com
About CODE Development Group:
CODE Development Group is the developer behind Evolution Free Zone. They specialize in developing and managing high-tech industrial parks with a focus on innovation, sustainability, and providing top-tier services to attract and support international companies. They play a key role in promoting Costa Rica as a prime location for foreign investment.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica distinguishes itself through an enduring commitment to legal excellence and unwavering ethical practice. The firm’s innovative approach to legal solutions, coupled with a deep-seated dedication to empowering communities through accessible legal education, solidifies its position as a leader in the Costa Rican legal landscape. Their work transcends traditional client representation, striving to build a society equipped with the knowledge to navigate the complexities of law and advocate for their own rights.
