SEARCH   
MEMBER LOGIN    

Medical Instrument & Supply Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Medical Instrument & Supply Manufacturing Market Research Report | NAICS 33911a | Nov 2014

Healthy demand: Steady healthcare spending and innovation will continue driving revenue

IBISWorld’s Medical Instrument & Supply Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$96bn
Annual Growth 09-14
2.5%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
265,332
Businesses
15,429
Industry Analysis & Industry Trends

This industry has a healthy future ahead, as the aging population will continue to require medical devices and supplies. Furthermore, rising obesity and diabetes rates have boosted the need for devices that address these health issues. Additionally, increased spending on health from public and private sectors will bolster industry demand. In the next five years, firms will be threatened by greater taxes on their main products, but overall revenue will still rise... purchase to read more

Industry Report - Industry Key Buyers Chapter

While the Medical Instrument and Supply Manufacturing industry has a number of large operators, small and medium businesses (SMBs) have traditionally dominated the market. IBISWorld estimates that in 2013 the industry's four largest major players will hold a combined market share of less than 20.0% of total industry revenue, which indicates a low level of industry concentration. This market share is increasing as these large firms acquire smaller companies for their lucrative product design patents. Small companies are encouraged to join larger companies in order to gain access to significant distribution networks and research and development budgets. As the industry consolidates, price competition within the industry decreases and profit margins tend to grow... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Medical Instrument & Supply Manufacturing Industry?

This industry primarily researches, develops and produces nonelectronic medical, surgical, dental and veterinary instruments and apparatus, such as syringes, anesthesia apparatus, blood transfusion equipment, catheters, surgical clamps and medical thermometers. The industry does not manufacture electromedical and electrotherapeutic apparatus, laboratory instruments, X-ray apparatus, nonmedical thermometers or ophthalmic goods (such as contact lenses and eyeglasses).

Industry Products
Surgical instrumentsDiagnostic apparatus (except electromedical products)Blood transfusion and IV equipmentStents and catheters Syringes and hypodermic needles Orthopedic instruments (except ear, eye, nose and throat products)Dental instruments
 
Industry Activities
Designing, developing and medical and surgical instruments and suppliesDesigning, developing and dental instruments and suppliesDesigning, developing and veterinary instruments and supplies


View Sample
Quote
Select Clients