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Medical Devices

 

Companies engaged in the manufacture of technical instruments for measuring, control, diagnosis and analysis make up a sizable industry group in Puerto Rico, making the Island one of the largest high-tech industrial development centers in the USA with almost 15,000 workers employed in this area. The majority of the instrument manufacturing operations in Puerto Rico are subsidiaries of U.S. mainland firms, many of which are Fortune 500 companies, and outbound shipments in this area grew 19.1% between 1991 and 2000, reaching $1.8 billion. In fact, 7.6% of all medical devices and equipment manufactured in the U.S. are shipped from Puerto Rico.

PRIDCO’s Office of Science and Technology is committed to continuing the growth of this industry through support and incentives to the Medical Devices cluster. This cluster continues to grow and develop through:

 
  • Cluster priorities and initiatives:
    • Further integration of Medical Device manufacturers, providers and related institutions. Example: Shared financial services, insurance and related services.
    • Fostering synergies that enhance the operational business environment. Example: supplier network development.
    • Developing strategies that will further the industry. Example: supporting secondary education and the health sector roadmap.
 

With the help of PRIDCO’s Office of Science and Technology Office and coordinated by PRTec, and its support of this cluster through both services and incentives, it will become the primary driver for technical and business excellence in the Medical Device industry and its advancement through technology.

Click here to find out more about our Medical Devices Industry.

 

For more information, please write to ost@pridco.com.


 

 
 
PRIDCO - Puerto Rico Industrial Development Company : Commonwealth of Puerto Rico