Industry Analysis & Industry Trends
Cleaning up
An aging population and continued investment into manufacturing and research and developement will help the industry maintain its pace of growth seen in recent years. Baby boomers are reaching the age where more medical procedures are increasing, thus providing a revenue input from institutions that need to sterilize medical instruments. Healthcare reform will also boost revenue in the future, but profit margins are threatened as the industry loses some pricing power over healthcare providers.... purchase to read more
Industry Report - Industry Investment Chapter
The Instrument Sterilization Product Manufacturing industry carries a moderate level of capital intensity. For every $1.00 spent on labor, the average industry firm will invest roughly $0.28 in capital equipment. Like most manufacturing industries, this industry invests heavily in property, plant and equipment in order to conduct their operations. However, the highly specialized nature of the industry differentiates itself from most manufacturing industries in that there is a significant dependence on skilled labor. In general, the assorted range of products manufactured by this industry are all for highly specialized applications. Though industry firms are increasingly using automated processes, these devices cannot all be manufactured on an automated product line... purchase to read more