- The medical device company chose Costa Rica to expand outside the United States.
Tacares de Grecia, May 27, 2025 – Switchback Medical, a U.S. company specializing in the development and contract manufacturing of minimally invasive medical devices has announced its decision to establish operation in Costa Rica.This new plant in Costa Rica will be an expansion of the company’s manufacturing center outside the United States.
Headquartered in Minneapolis, Minnesota, Switchback Medical is recognized for its vertically integrated approach, ranging from design and development to medical device manufacturing. Its contract manufacturing operating model (CDMO) enables it to accelerate innovation, work closely with its strategic partners and offer agile solutions in healthcare product development.
The new plant will focus on high-volume manufacturing of complete medical devices, reaffirming the company’s commitment to efficient, scalable and competitive solutions for its global customers.
“This expansion represents a more cost-effective device manufacturing solution for both our existing customers and new partners. The Costa Rica facility will function as a high-volume manufacturing center supporting scalable production,” noted Jesse Jensen, Vice President of Operations at Switchback Medical.
“In turn, the company will actively contribute to Costa Rica’s thriving Life Sciences cluster with local manufacturing of complete medical device assemblies, adding to the country’s growing network of MedTech companies,” said Jensen.
The Minister of Foreign Trade, Manuel Tovar, warmly welcomed Switchback Medical. “Costa Rica has become a global strategic hub for advanced manufacturing. We have a strong ecosystem to produce medical devices, which continues to attract new manufacturers like Switchback Medical. We want to extend the warmest welcome, thank them for the trust they have placed in our country to grow beyond their borders, and reaffirm our commitment to providing the necessary conditions for the successful development of their new operations.”
Laura López, General Manager of the Costa Rican Foreign Trade Promotion Agency (PROCOMER), stated: “Costa Rica continues to strengthen its value proposition through high-value-added investments in strategic sectors such as medical technology, which has become the country’s main export driver, recording a year-over-year growth of 29% in the first four months of 2025. Switchback Medical’s investment in the country brings technical expertise and capabilities in the development of complex, high-precision medical devices. Its end-to-end approach adds sophistication to the national ecosystem and reinforces Costa Rica’s position as a strategic destination for advanced medical manufacturing solutions.”
This operation will boost Switchback Medical’s global competitiveness and will also promote the generation of quality employment and knowledge transfer in the region.
“We are proud to know that more and more global companies are choosing Evolution Free Zone as their base of operations in Costa Rica. Here they find an ideal environment, with world-class infrastructure, state-of-the-art buildings, skilled labor and a solid business ecosystem to operate successfully”, said Carlos Wong, Managing Director of CODE Development Group, the developer of Evolution Free Zone.
For Wong, today it is essential to excel in meeting the highest industry standards in order to attract Foreign Direct Investment, as demonstrated by the companies that are already part of this Park.
Switchback Medical Switchback Medical joins Costa Rica’s dynamic Medtech Ecosystem, which now boasts over 95 leading companies. The company focuses on the design and manufacturing of medical devices, specializing in neurovascular applications. They offer a comprehensive range of services, including design, development, testing, and manufacturing, providing a single-source solution for contract design and manufacturing needs. Their expertise lies in creating delivery systems for neurological conditions such as stroke and brain aneurysms, including microcatheters.
