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Medical Devices Production and Exports on the Rise

By Miriam Bello | Fri, 09/20/2019 - 10:41

Mexico has climbed the ranks to become a manufacturing hub for medical devices. The country is now the eighth-largest exporter of medical devices and the No. 1 exporter of medical devices in Latin America and the largest supplier to the US. Mexico had almost 2,500 medical devices manufacturers in 2017, producing US$13.81 billion worth of products. The sector is expected to maintain the 7.9 percent annual growth rate it has enjoyed for the past 10 years.

Miriam Bello Miriam Bello Journalist and Industry Analyst