Medical devices manufacturing in Mexico

In the domestic market, in recent years there has been an increasing demand for products for the care of degenerative diseases, such as: personal glucose and cholesterol monitors, products to control glucose, massagers and weight control equipment. According to research conducted by the International Bureau of Commerce and Research of Massachusetts, other devices required in Mexico are: anesthesia and expiratory therapy equipment, cardiac simulators, defibrillators, diagnostic equipment, electrocardiographs, electrosurgery equipment, lightning equipment gamma, incubators, laser for surgery, resonators, suction pumps, ultrasound and endoscopes.

Medical tourism is another important source of income for Mexico. According to ProMéxico, the wave of this type of visitors began in 1996, with Monterrey being a pioneer in medical care for international patients. In fact, it is estimated that this modality left an income of 880 million dollars in 2008. Mexico is the main destination of the United States for cosmetic and dental surgeries. ProMéxico calculations indicate that the citizens of this country spend 2.2 billion dollars in health, of which 5.5 billion are directed outside their territory.

Foreign trade 

Mexico is the leading exporter of medical devices in Latin America and the main supplier in the United States. The figures of the Global Trade Atlas indicate that in 2010 the country exported close to six billion dollars, and ranked as the eleventh exporter of medical devices worldwide. In addition, during the same year the country presented a positive balance in the trade balance of the sector, of three billion dollars.

According to ProMéxico, the main products exported by the Aztec country at a global level are: instruments of medicine, surgery and odontology; orthopedic articles and appliances, and X-ray apparatus. In 2010, Mexican exports of medical devices to the United States reached an amount of 5.4 billion dollars. In 2009, 90.7% of total Mexican exports went to that country, followed by the European Union, with 7.6% more than the total.

In 2005, a report by the National Bank of Foreign Trade (Bancomext) indicated that 95% of Mexican exports were made through the maquila regime. It is estimated that imports represent 70% of all purchases, and the United States is the main supplier, with a share of more than 66% of the total purchased by Mexico. Espicom notes that the country is still dependent on foreign technology, and much of the sophisticated medical equipment is imported from the United States.

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