Manufacturing activity in the sector continues to accelerate. Medical devices now account for 48% of Costa Rica’s total goods exports and are produced for markets across the Americas, Europe and Asia. PROCOMER data show exports reached $9.199 billion as of October 2025, a 30% increase year-over-year.

Costa Rica has also emerged as a key destination for medical device manufacturing investment, accounting for 52% of all new investment in the sector across Latin America. It is the third-largest global recipient of foreign direct investment projects in medical devices. More than 100 companies from the United States, Germany, Ireland, Sweden, Japan and Spain operate manufacturing facilities in the country, producing devices for applications including endoscopy, cardiology, orthopedics, ophthalmology, diagnostics and advanced surgical procedures.

The country currently manufactures and exports 164 different medical device products to 88 markets. The largest product categories include needles, catheters and cannulas, which represent 41.5% of exports. The United States is the primary destination, receiving 66.5% of exports, with the Netherlands and Belgium also serving as major markets.