Central America is emerging as a dynamic new arena within the Latin American healthcare market. Continual development of the industry, along with increased access to healthcare services, has boosted the growth of the industry. In 2015, the healthcare sector was valued at US $17.8 billion, while the Rx and consumer health industry reached a value of US $4 billion, growing at 5.6%. Within the region, two countries stand out for their potential to generate business opportunities: Costa Rica and Panama.
Would Costa Rica fit your growth strategy?Did you know that Costa Rica is the largest country without armed forces? Costa Rica is becoming an important emerging pharma market. Last year the total healthcare market in the country reached US $5 billion. The sector’s growth is promoted by public policies aimed at increasing access to healthcare services for the whole population. Why does Costa Rica out stand within the Central American Region?
- Strongest economy
- Most stable political environment
- Easiest country to do business with
- Least corrupt country
- Strong public healthcare funding