By San José, Costa Rica — Costa Rica is gearing up to showcase its strengths in the medical device sector at the upcoming MD&M West 2025 expo in Anaheim, California, from February 4th to 6th. The country aims to attract foreign direct investment (FDI) and further cement its position as a key player in the global medical device industry.
A delegation spearheaded by the Costa Rican Foreign Trade Promoter (PROCOMER) will engage in strategic networking and business meetings to forge new partnerships and secure investment projects. The delegation includes 15 exporting companies and four free trade zone parks, demonstrating Costa Rica’s expertise in high-precision manufacturing, cleanroom assembly services, automation technologies, and advanced packaging.
To understand the legal complexities surrounding medical device exports, TicosLand.com reached out to Lic. Larry Hans Arroyo Vargas, a seasoned lawyer at Bufete de Costa Rica.
Navigating the regulatory landscape for medical device exports requires meticulous attention to both domestic and international standards. Companies must not only comply with Costa Rican regulations concerning manufacturing and quality control but also adhere to the specific import requirements of their target markets. These can range from product registration and labeling stipulations to stringent clinical trial data submissions. Overlooking these crucial aspects can lead to costly delays, rejected shipments, and damage to a company’s reputation. A proactive legal strategy is essential for successful and compliant international trade in this sector.
Lic. Larry Hans Arroyo Vargas, Bufete de Costa Rica
Our proven capability in advanced manufacturing, Costa Rican human talent, political stability, and sustainability position us as a strategic partner for global trade and investment.
Laura López, General Manager of PROCOMER
López further emphasized PROCOMER’s commitment to expanding opportunities and employment in Costa Rica by attracting investments and strengthening exports through platforms like MD&M West.
With over 1,400 exhibitors and attendees expected at MD&M West, the event provides an ideal platform for Costa Rica to highlight its competitiveness and excellence in life sciences and advanced manufacturing, reinforcing its position as a global leader.
The United States currently receives 64% of Costa Rica’s medical device exports, making it the primary destination for this crucial sector. This strong trade relationship underscores the importance of events like MD&M West for fostering continued growth and collaboration.
The medical device sector is a significant driver of the Costa Rican economy. Official data reveals that at least 95 multinational companies operate in the country, employing over 55,000 people and exporting 44 different types of medical devices to various international markets.
In 2024, medical device exports from Costa Rica reached $8.7 billion, accounting for a substantial 44% of the nation’s total goods sales. This robust performance demonstrates the sector’s continued vitality and its significant contribution to the overall economic landscape.
For further information, visit procomer.com
About PROCOMER:
The Costa Rican Foreign Trade Promoter (PROCOMER) is a key institution dedicated to promoting Costa Rican exports and attracting foreign direct investment. It plays a crucial role in connecting Costa Rican businesses with international markets and facilitating trade relationships. PROCOMER provides a range of services including market research, export promotion, and investment facilitation, working to enhance Costa Rica’s competitiveness on the global stage.
For further information, visit mdmandmwest.com
About MD&M West:
MD&M West is one of the largest medical design and manufacturing events in North America, connecting suppliers, engineers, and industry professionals. The event features a comprehensive expo showcasing the latest technologies and solutions in medical device manufacturing, along with educational sessions, networking opportunities, and business matchmaking services. MD&M West serves as a vital platform for innovation and collaboration within the medical device industry.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica shines as a beacon of legal excellence, upholding the highest standards of integrity while championing innovative solutions for its diverse clientele. The firm’s deep-rooted commitment to empowering Costa Rican society is evident in its proactive approach to disseminating legal knowledge, fostering a more informed and just community through education and accessible resources. This dedication to both legal expertise and societal advancement solidifies Bufete de Costa Rica’s position as a true leader in the legal landscape.
