Costa Rica’s Medical Device Market 2024: Trade Rankings and Regulatory Outlook

Introduction 

Following Costa Rica’s 2023 annual report, we now present the 2024 edition of our Medical Device Market Overview for Costa Rica. 

This analysis examines Costa Rica’s performance in medical device importation and exportation, reaffirming its position among the top five markets in Latin America. With updated data and a refined perspective, the report underscores how Costa Rica is steadily consolidating its role as a hub for medical device activity across the region. 

Market Overview: Costa Rica’s Import and Export Performance in 2024 

According to the latest data from Costa Rica’s central bank and corroborated by UN trade statistics, Costa Rica currently ranks 32nd globally in medical device importation and 7th in exportation*. Notably, the country gained one position in export rankings compared to 2023.
 

The table below provides a detailed breakdown of Costa Rica’s position among the top medical device importing countries worldwide. 

*Notes:  

The information is obtained based on the most representative tariff codes related to medical devices (HS: 9018).  

Data up to December 2025. 

Guides on the Medical Device Market in Costa Rica 

For professionals seeking to better understand the Costa Rican medical device market, we recommend consulting specialized resources that provide practical guidance on regulation, compliance, and classification. These materials are designed to support manufacturers, importers, and healthcare stakeholders in navigating the country’s regulatory framework effectively: 

• Ultimate Guide for Regulatory Affairs in Costa Rica – an in-depth description of the full regulatory process, the legal framework, stakeholders, routes and timelines for registering medical devices with the Ministry of Health (MoH) in Costa Rica 

• Device Classification and Grouping Guide – a detailed resource explaining how medical devices are categorized and grouped under Costa Rican regulations. 

Conclusions 

In 2024, Costa Rica advanced in the global medical device export rankings, gaining one position compared to the previous year. Within Latin America, Costa Rica continues to be recognized as one of the leading markets for medical devices, following Mexico and Brazil. 

This updated overview of the Costa Rica medical device market 2024 highlights the nation’s growing relevance in the region and the expanding opportunities for both manufacturers and distributors. We will continue to provide updated insights on the Costa Rica medical device industry as soon as 2025 information becomes available. For further details, please contact us at contact@veraqueconsulting.com.