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Surgical Instrument Manufacturing in the US: Market Research Report

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

Surgical Instrument Manufacturing Market Research Report | Life Sciences | Medical Supplies | Dec 2011

No cutbacks: Strong revenue growth through the recession will continue as baby boomers enter retirement

IBISWorld’s Surgical Instrument Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Covidien PLC Covidien PLC market share
Industry Statistics & Market Size
Revenue
$41bn
Annual Growth 06-11
7.1%
Annual Growth 11-16
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Profit
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Employment
120,247
Businesses
1,239
Industry Analysis & Industry Trends

No cuts about it

The industry is in constant demand, as hospitals are increasingly perfoming surgeries and continually in need of surgical instruments. Revenue grew strongly, even through the recession, as baby boomers entered into retirement age. This trend will continue and demand is expected to remain steady riding on the coattails of ageing baby boomers and healthcare reform.... purchase to read more

Industry Report - Industry Products Chapter

Regulatory authorities recognize different classes of instruments based on a number of characteristics, such as design complexity, usage and the potential for harm if misused. Products in this industry are broken down into general surgical instruments, specialized surgical instruments and electrosurgical instruments. Some companies also earn revenue from post-sales product services.

General surgical instruments

Products manufactured by the Surgical Instrument Manufacturing industry include general surgical instruments such as scissors, scalpels, retractors, needles, clamps and forceps. Powered general surgical instruments include electric, battery or pneumatic powered drills and saws, which are required for cutting or drilling of the bone. Bas... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Surgical Instrument Manufacturing Industry?

Companies in this industry are engaged in manufacturing specially designed tools or devices for performing specific actions during a surgery or operation.

Industry Products
General surgical instrumentsSpecialty surgical instrumentsElectrosurgery instrumentsInstrument servicing
 
Industry Activities
Researching and developing surgical instrumentsManufacturing surgical equipmentRegistering medical productsSourcing raw materials Developing relationships with distributors


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