Industry Analysis & Industry Trends
Taking care
The aging population will drive demand for mammography machines, due to the high incidence of breast cancer among women aged 65 and older. Changing technologies and shifts from analog products to digital ones will also support revenue growth over the next five years. Nevertheless, potential reform to the approval process for new devices will hamper innovation and encourage companies to shift manufacturing overseas.... purchase to read more
Industry Report - Industry Investment Chapter
Mammography machine manufacturers have moderate fixed capital expenses, yet wage costs are also higher than many other industries in the manufacturing sector. This industry produced a highly specialized application. Therefore, not all products can be manufactured on an automated production line. This factor augments the need for hands-on work, leading to higher labor costs. Since this industry is heavily dependent on new technological developments, skilled specialists are also need to research and develop products, who command salaries well above the manufacturing sector average wage. In 2011, about $0.15 is estimated to be spent on capital equipment for every dollar of wages.
Depreciation costs represent approximately 3.0% of revenue. The... purchase to read more