Medical Device Manufacturing in Mexico
Medical device manufacturers view Mexico as a cost-effective nearshore location of choice for the fabrication of products that range from medical apparel to disposable devices and technically sophisticated precision instruments.
Medical Device Industry in Mexico
Manufacturers in Mexico shipped a total value of $7.7 billion worth of medical devices to the United States in 2014.The United States consumes 92% of Mexico’s medical device exports, while current exports of medical devices from Mexico to the U.S. outpace those originating from China by a 2:1 ratio.
From the most recent data collected in 2014, the total number of employees working in Mexico Medical Device manufacturing industry is 148,233 people. There are 2,344 facilities and distribution centers located mainly in Baja California, Chihuahua, Coahuila, Mexico City area, Jalisco, Nuevo Leon, Sonora, and Tamaulipas. Baja California currently holds the biggest cluster with over 67 Medical Device manufacturing companies. Mexico's main investor countries are the US, Germany, Italy, Spain and the Netherlands with a total of $150 million USD.
Manufacturing Medical Devices in Mexico
In 2014, the main devices exported were:
- Medical, surgical, dental, and veterinary instruments and devices worth $5,841 million USD amounting to about 75.9% of the overall exports
- Orthopedic items and devices worth $795 million UDS amounting to about 10.3% of the overall exports
- Mechano-therapy, respiratory therapy, and massage devices worth $471 million USD amounting to about 6.1% of the overall exports
- All other types of devices worth $592 million USD with amounted to about 7.7% of overall exports
In 2016, the annualized growth rate of exports to the US from Mexico was 1.7%, which calculated to about $14.4 Billion USD.