For decades, the Paso del Norte region has been one of North America’s largest manufacturing centers. There are more than 350 manufacturing operations, known as maquilas, in the Ciudad Juárez area. The maquila model offers the benefits of low labor costs, a highly experienced manufacturing workforce and close proximity to the U.S. market and distribution centers.
The plants in Mexico represent some of the world’s largest companies, applying advanced manufacturing techniques to produce medical devices, electronic components, aerospace and automotive parts, and consumer products.
Mexico’s Secretariat of the Economy reports that throughout the country, more than 600 companies produce medical equipment valued at $12.7 billion annually. Exports in 2016 reached $9 billion. The country’s main medical device exports include: medical, surgical, dental or veterinary instruments and devices; orthopedic articles, mechano-therapy appliances, surgical furniture and X-ray apparatus.
The Medical Center of the Americas is one of many organizations that offer entrepreneurs assistance and support in binational business development for the biomedical sector. Additionally, a group of more than 30 manufacturers and other organizations has formed the first binational trade association promoting competitiveness and growth of the biomedical sector in the Paso del Norte region, BIO El Paso - Juarez.
Major biomedical companies with a binational manufacturing presence include Cardinal Health, Johnson & Johnson, Medtronic, 3M, GE Healthcare, Zeiss, Bayer, Boston Scientific, and Philips Healthcare—to name a few!