In recent years, the healthcare industry in Central America has shown significant progress, gaining recognition among Pharma and OTC companies as a promising region. The region’s steady development is boosting the growth of the middle class and the accessibility of healthcare services. This situation is promoting the expansion of the healthcare, pharma and OTC industries in Central America. In fact, the healthcare sector was valued at US $17.8 billion in 2015 and the Pharma and OTC industry reached US $4 billion and grew at 5.6%. Within the region, two countries stand out for their potential to generate business opportunities: Panama and Costa Rica.
Panama: Your Gateway to Central America and the CaribbeanDid you know that Panama is the only place in the world where you can see the sun rise on the Pacific and set on the Atlantic? Panama is one of most attractive countries for healthcare companies in Central America. There are several reasons for choosing Panama as your next business destination:
- It has one of the strongest and most stable economies in the region.
- It is one of the safest countries in Central America.
- Its strategic location between South and Central America constitutes a solid gateway to enter Central America and the Caribbean.