US and Costa Rica Medical Contract Manufacturing Market Trends, and Forecast (2025-2031)

The US and Costa Rica medical contract manufacturing market size is projected to reach US$ 62.83 billion by 2031 from US$ 29.49 billion in 2024. The market is expected to register a CAGR of 11.5% during 2025–2031.

US and Costa Rica Medical Contract Manufacturing Market Analysis

The US and Costa Rica medical contract manufacturing market growth is attributed to the high demand for medical devices, cost savings, and specialized manufacturing. The US is the leader in terms of innovation and high-tech manufacturing; Costa Rica offers skilled labor, proximity to North America, and generally favorable commercial relationships. Both the US and Costa Rica medical contract manufacturing markets are responding to trends in outsourcing, regulatory compliance, and an increase in healthcare needs. As a result, the demand for surgical instruments, diagnostics, and other medical device segments will continue to grow.

US and Costa Rica Medical Contract Manufacturing Market Overview  

The medical contract manufacturing industries in the US and Costa Rica are experiencing rapid growth due to increasing healthcare needs, aging populations, and the outsourcing of production. The US market is advanced technologically and in regulatory expertise, making it the most sophisticated market in complex medical device manufacturing. While Costa Rica is less advanced than the US from a regulatory and technology position, it does present a cost-effective alternative with an educated workforce and location advantage to North America. The two participating nations also contribute a meaningful environment for the manufacture of surgical instruments, diagnostics, and therapeutic devices, with several OEM's looking for quality, compliance, and scaling advantages.      

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US and Costa Rica Medical Contract Manufacturing Market: Strategic Insights

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US and Costa Rica Medical Contract Manufacturing Market Drivers and Opportunities

Market Drivers:

• Supply‑chain resilience & reshoring: Rising concerns about global disruptions (e.g. pandemics, trade tensions) push US OEMs to bring or shift critical manufacturing closer to home. Costa Rica offers near‑shoring advantages in North America.
• Specialization & high‑precision manufacturing ecosystems: Costa Rica has developed clusters with skillsets in cardiovascular, respiratory, and orthopedic device manufacturing; US CMOs are investing in technologies such as miniaturization, AI, and connected devices.

Market Opportunities:

• Expansion of wearable/connected & remote patient monitoring devices: Growing chronic disease burden and consumer health tech demand create room for contract manufacturers with expertise in sensors, wireless connectivity, and rapid prototyping.
• Tapping Costa Rica’s export growth & trade partnership with US: Costa Rica’s medical device exports are growing (~18% annually), many destined for the US; U.S. CMOs or suppliers can partner locally to reduce cost, leverage free trade, and speed up regulatory compliance.     

US and Costa Rica Medical Contract Manufacturing Market Report Segmentation Analysis

The US and Costa Rica medical contract manufacturing market is segmented as:

By Service Type:

• Full-device Manufacturing: Complete end-to-end production of finished medical devices, including design, assembly, testing, packaging, and regulatory compliance.
• Sub-assembly and Components: Manufacturing of individual parts or modules of a device, such as catheters or housings, for integration into larger systems.   
• Materials-specific Services: Specialized processes focused on materials such as polymers, metals, or coatings, including molding, machining, and surface treatments tailored to device needs.   

By Device Type:

• IVD Devices
• Diagnostic Imaging Devices
• Cardiovascular Devices
• Drug Delivery Devices
• Orthopedic Devices
• Respiratory Care Devices
• Ophthalmology Devices
• Surgical Devices
• Diabetes Care Devices
• Dental Devices
• Endoscopy and Laparoscopy Devices
• Gynecology and Urology Devices
• Neurology Devices
• Patient Assistive Devices
• Others

By Geography:

• US
• Costa Rica

US and Costa Rica Medical Contract Manufacturing Market Report Scope

US and Costa Rica Medical Contract Manufacturing Market Players Density: Understanding Its Impact on Business Dynamics

The US and Costa Rica Medical Contract Manufacturing Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

US and Costa Rica Medical Contract Manufacturing Market Share Analysis by Geography

The US leads in medical contract manufacturing due to its expansive healthcare sector, high demand for innovative and technologically advanced medical products, and significant investments in research and development. US companies seek cost-effective, high-quality manufacturing partners abroad, especially in Costa Rica, which offers favorable costs and compliance standards. The US’s robust regulatory environment, extensive healthcare infrastructure, and emphasis on innovation foster a strong domestic and international presence. Additionally, the ability to launch products to market and the strategic reliance on global supply chains solidify the US’s dominant position in the medical contract manufacturing landscape. Below is a summary of market share and trends by region:

1. US

• Market Share: Holds a significant portion of the market
• Key Drivers:
  • Strong Research and Development and Innovation Ecosystem
  • Stringent Regulatory Standards  
•  

  Trends:

  Integration of Smart Manufacturing & Industry 4.0

2. Costa Rica

• Market Share: Substantial market share
• Key Drivers:
• Cost-Effective Manufacturing  
• Established MedTech Cluster
• Trends: Expansion of Cleanroom and Sterile Manufacturing Facilities.

US and Costa Rica Medical Contract Manufacturing Market Players Density: Understanding Its Impact on Business Dynamics

High Market Density and Competition

Competition is strong due to the presence of established players such as MICRO and Tegra Medical. Niche providers contribute to the competitive landscape across regions.

This high level of competition urges companies to stand out by offering:

• Advanced Products
• Value-added services such as customization and sustainable solutions
• Competitive pricing models
• Compliance with regulatory guidelines

Opportunities and Strategic Moves

• In June 2025, DuPont announced that a new addition to its healthcare manufacturing facility in Heredia, Costa Rica, will expand its sterile operations, allowing the site to manufacture sterile packaging for the global medical device industry. This expansion will also enhance the site's capacity for its medical tubing operations.
• In April 2024, Cirtec Medical, a leading outsourced partner for end-to-end medical device design, development, and manufacturing services, is more than doubling its operations in Costa Rica. This strategic expansion is designed to better serve Cirtec's customers by offering enhanced manufacturing capabilities and increased capacity to support their growing needs in the neuromodulation, interventional, electrophysiology, and structural heart markets.

Major Companies operating in the US and Costa Rica Medical Contract Manufacturing Market are:

• MICRO
• Tegra Medical
• DeRoyal Industries
• Gauthier Biomedical
• Sterling Industries
• AVNA
• TE Connectivity
• Heraeus Group
• Cirtec Medical
• Resonetics
• Freudenberg Group

Note: The companies listed above are not ranked in any particular order.

Other companies analyzed during the course of research:

• Biomerics
• Viant Medical
• Confluent Medical Technologies
• Advant Medical
• Precision Coating
• SMC
• Flex LTD
• Jabil Inc.
• Juno Pacific
• HDA Technology  

US and Costa Rica Medical Contract Manufacturing Market News and Recent Developments

• Freudenberg Medical Opens Second Production Facility in Costa Rica in September 2025. Freudenberg Medical, a global contract design and manufacturing (CDMO) partner to the medical device and biopharma industry, has officially inaugurated its second production facility in Costa Rica. The new site represents a US$25 million investment.
• Switchback Medical to Set Up Operations in Costa Rica With New Plant in Evolution Free Zone in May 2025. Evolution Free Zone announces the incorporation of Switchback Medical, a US company specializing in the development and contract manufacturing of minimally invasive medical devices, into the business park located in Tacares de Grecia. This new plant in Costa Rica will be an expansion of the company’s manufacturing center outside the US. 

US and Costa Rica Medical Contract Manufacturing Market Report Coverage and Deliverables

The "US and Costa Rica Medical Contract Manufacturing Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

• US and Costa Rica Medical Contract Manufacturing Market size and forecast at country levels for all the key market segments covered under the scope
• US and Costa Rica Medical Contract Manufacturing Market trends, as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST and SWOT analysis
• US and Costa Rica Medical Contract Manufacturing Market analysis covering key market trends, country framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the US and Costa Rica Medical Contract Manufacturing Market
• Detailed company profiles