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Business Intelligence Unit
Contact: [email protected]
Canadá
1.7%
Medical Devices sector
Alemania
4.3
Suiza
2.5%
Estados
Unidos
5.2%
Japón
4.4%
Global Industry1
Mexico
México
7.2%
In 2013, the number of exporters companies was 740, mainly located in Baja
California, Chihuahua, Coahuila, Distrito Federal, Estado de México, Jalisco,
Nuevo León, Sonora and Tamaulipas.4
In 2013, the medical device´s industry production generated 624 billion USD and
between 2013 and 2020 is expected to grow at a compound annual rate (CAGR)
of 6.9%.
Canadá
Major Medical Device Companies in Mexico
Global
production prospective of medical devices
1.7%
billion USDAlemania
Suiza
2.5%
Estados
Unidos
5.2%
México
624
7.2%
662
2013
2014
707
762
2015
2016
4.3
Japón
4.4%
996
817
875
934
2017
2018
2019
There is a cluster of medical devices located in Baja California, that added to the
cluster in San Diego conforms the most diverse and sophisticated bi-national
concentration in North America in this sector.
2020
Baja California has 80 medical devices exporter companies in its territory, including
Smiths, Tyco Healthcare, Cardinal Health, Pall Life Sciences, Medtronic, Gambro,
Medimexico, ICU Medical Inc., Hudson Aci, Dj Ortho, CLP, Sunrise Medical,
and North Safety Products.4
Source: Global Insight
In the same year, Países
the medical
to
996 639
Reino device´s industry consumption amounted
934
875
México USD
Canadá
817 billion
billion
and isBajos
expected
to
grow
to
1,035
USD
by
2020,
at
a
CAGR
Francia
Italia
Japón
Australia
EUA
0.2
Unido
762
707
662
624
of 7.1%.
0.0
-4.2
-2.8
-2.6
In 2013, the domestic consumption of medical devices in México reached a total
of 12,266 million USD, and between 2013 and 2020 it is expected to grow at a
CAGR of 7.0%.
Alemania
-0.7
-1.1
Consumption5
-5.0
-5.4
Products
Considered Part of the Sector
2013
2014
2017
2018
2019
The
sector is comprised
of2015
developers,2016
manufacturers
and distributors
of material2020
and
devices with medical or health care use: equipment or appliances for medical, surgical
and odontological use, splints, prothesis, respiratory therapy, X-ray machines and
surgical,
dental and veterinary furniture.
-18.9
International Trade6
In 2013, Mexico exported 6,886 million USD and imported 3,473 million USD.
The balance of trade showed a surplus of 3,413 million USD.
MostPaíses
Important
Regions in the Industry
Reino
México
Francia
Italia from
Japón
Australia devices
EUA industry
0.2
In
2013Canadá
the region
with the
production
the medical
Bajos
Unidolargest
was North America with 38.4%, followed by Asia- Pacific with 28.2%
0.0 and the
Alemania
-0.7
-1.1
European Union with 20.6%.1 -2.8
-2.6
-5.4
The main destinations for Mexican medical devices exports, in 2013, were: USA
with a share of 92.5%, France with 2.3% and Ireland with 2.2%.
-4.2
-5.0
Major Companies
The largest companies in this sector are: Johnson & Johnson, GE Healthcare, Siemens
Healthcare, Medtronic, Becton Dickinson, 3M and Tyco Healthcare.
-18.9
Canada
1.7%
main products exported by mexico 2013
Mexico
Switzerland
2.5%
United
Production
States
In 2013,
5.2% it is estimated
Germany
4.3
Japan
4.4%
7.2%
Mexico will have a greater dynamism than the largest producers in the industry;
it is estimated that between 2013 and 2020 production will grow at a CAGR of
7.2%.1
Canada
1.7%
Switzerland
2.5%
United
States
5.2%
662
2013
2014
707
762
2015
2016
Germany
4.3
Canadá
662
2013
-5.4
74.2%
Orthopedic devices
742
10.8%
Respiratory, mechanical and massage equipment
456
6.6%
Others
576
8.4%
Total
6,886
100%
FDI (Foreign Direct Investment)7
Japan
4.4%
996
817
875
934
2017
2018
2019
Between January 2000 and 2013, FDI in the medical device industry reached
1,900 million USD, and came mainly from the US, Germany and Italy.
Between 2010 and 2014 at least 14 companies in the industry made investment
announcements in Mexico, wich corresponded to 16 projects. These projects will
generate 5,286 new jobs.
2020
1. Source: Global Insight. 2. Source: INEGI Cuentas Nacionales 2010, Global Insight and ProMéxico.
3. Source: INEGI DENUE 2011. *Includes companies, plants and commercial and sales offices.
624
5,112
Source: Global Trade Atlas
In 2013, México has 2,511 economic units* related to the production of medical
devices.3
México
Share of
Exports
Medical, surgical and odontological instruments
and apparatus
that the production in the medical devices sector reached
2
15,679
Mexicomillion USD and is expected to grow to 25,555 million USD by 2020.
Mexico
624
7.2%
Exports 2013 million USD
Product
Países
Bajos
-5.0
2014
Reino
707 Unido
-4.2
2015
Francia
762
-2.8
2016
817
Italia
-2.6
2017
Japón
875
Australia
934
996
EUA
0.0
-0.7
-1.1
2018
5. Source: INEGI Cuentas Nacionales 2010, Global Trade Atlas, Global Insight y ProMéxico.
6. Source: Global Trade Atlas. 7. Source : FDI Markets.
2019
0.2
Alemania
2020
1
Business Intelligence Unit
Contact: [email protected]
Medical Devices sector
Success stories7
In 2012, more than 110 thousand engineering and technology students graduated from Mexican institutions.10 In 2010, Mexico had 18% more graduates in
manufacturing, engineering and construction per capita than the United States.11
Haemonetics plans to invest 37.4 million USD for expanding its facility in Tijuana, this is part of a strategy
which will relocate its manufacturing plant in Massachusetts to facilities in Mexico and Asia.
A message for investors
In recent years there have been additional steps to facilitate trade in the sector. In
2010, the equivalence agreement was approved, whereby it is recognized that the
requirements of the US and Canada health authorities (FDA and Health Canada)
are equivalent to those required by the Mexican authority (COFEPRIS). Moreover,
in 2012 an agreement between the COFEPRIS and the Ministry of Health,
Labour and Welfare of Japan was announced; it allows Mexican companies and
patients to find facilities to import ´high-tech’ medical devices for the treatment
of various diseases related with oncology, hypertension, cardiac diseases, as well
as specialties such as neurosurgery, ophthalmology and nanotechnology, among
other.12
Welch Allyn will open a global finance shared service centre for the company in Tijuana, Mexico. It also
plans to expand its production facility situated in the
same city, this operation will create 75 new jobs. It is
estimated that the company will invest 22.3 million
USD.
Cardinal Health will invest 1.5 million USD to increase production capacity at its plant in Ciudad
Cuauhtémoc, Mexico. The plant produces medical
gowns, masks and disposable items for surgery. This
operation will generate 25 new jobs
As a result of Free Trade Agreements (FTAs) signed with 45 countries, Mexico
has access to a potential market of 1,200 million consumers and more than 60%
of the world’s GDP, positioning it as an important export platform.
México is a safe place for foreign investment. Our country has signed 30 IPPAs
(Investment Promotion and Protection Agreements) and DTTs (Double
Taxation Treaties) with more than 40 countries.13
Terumo will invest in a training centre in Tijuana, Baja
California. The centre will suffice Latin America and
will train doctors in the region on cardiac catheterisation.
Shelter Services: these allow businesses to start operations more easily, as they issue
the necessary permits for them to begin operations without having to worry about
customs, legality and administrative topics.
Competitiviness
Mexico is currently the 9th medical device exporter in the world, the main
exporter in Latin America and the leading supplier to the US.6
Support Programs13
Refund of Taxes on Imports and Exports (Drawback)
In a case where the producer has imported materials which are incorporated into
merchandise for export, the program offers the possibility of a refund of the general
import tax on these materials.
Mexico is:
• The third largest exporter globally of syringes, needles, catheters and similar
instruments.
• The fifth largest exporter globally of medical, surgical, dental and veterinary
instruments and devices.
• The sixth largest exporter globally of orthopedic articles.
• The seventh largest exporter globally of electrodiagnostic devices.6
Sectorial Promotion Programs (PROSEC)
In a case where the producer has imported materials which are incorporated into
merchandise for export, the program permits the import of such materials at a
preferential ad-valorem rate.
In 2013, according to KPMG, Mexican manufacturing costs in medical devices
were 18.9% lower than in the US.8
Manufacturing Industry, Bonded Assembly and Export
Services (IMMEX)
It simplifies the procedures and requirements of the bonded assembly regime for
those companies which already have a structured business plan. It allows for the
temporary importation of goods or services used in the industrial process; it is
geared towards the development, transformation or repair of imported foreign
merchandise.
lia
n
0.2
-5.4
-2.8
-2.6
-1.1
-0.7
United
States 0.0%
Chambers & associations
G
-5
-4.2
er
m
an
y
A
us
pa
Ja
tra
Fr
ng
an
do
ce
m
Ita
ly
Ki
d
rla
n
Un
ite
a
et
he
ad
N
an
C
M
ex
ico
ds
Saving Cost Index for Medical Devices Compared to USA
National Industrial and Transformation Chamber
(CANACINTRA)
Facilitates the development of local industry by interacting with the federal, state
and municipal governments, and lobbying on behalf of companies.
National Chamber for the Pharmaceutical Industry
(CANIFARMA)
Operates under the supervision of the Ministry of Economy and represents health
care companies through policies, programs, instruments, and promotion.
-18.9
According to the World Bank, Mexico is ranked 48th for starting a business,
surpassing the BRIC countries and leading the TIMBI countries.9
Only 6 days and 6 procedures are required to start a new business, which makes
this process much easier than in the BRICs.9
Mexican Association of Medical Device Industry (AMID)
It is a group created by global medical devices leaders and it is dedicated to the
sector growth in Mexico.
6. Source: Global Trade Atlas. 7. Source : FDI Markets. 8. Source: KPMG 2014. 9. Source: Doing
Business, WB 2014. 10.Source: CONACYT. 11. Source: UNESCO with information from 2010.
12. Source: COFEPRIS.
13. Source: Ministry of Economy/ Ministry of Finance and Public Credit (SHCP).
2