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Medical Device Manufacturing in Vermont

Author.Name IBISWorld United States Last Updated: April 2025 NAICS VT33451b

Medical Device Manufacturing in Vermont industry analysis

The Medical Device Manufacturing industry in Vermont is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to x locations. Industry employment is expected to decrease an annualized -x% to xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Medical Device Manufacturing in Vermont Market Research Report

What’s Included in the Medical Device Manufacturing in Vermont Market Research Report

Definition of the Medical Device Manufacturing in Vermont?

This industry includes manufacturers of electromedical and electrotherapeutic apparatuses, such as magnetic resonance imaging equipment, medical ultrasound equipment, pacemakers, hearing aids, electrocardiographs and electromedical endoscopic equipment. The industry also manufactures irradiation apparatuses and tubes for medical diagnostic, medical therapeutic, industrial, research, scientific evaluation and other applications.

What’s included in the Medical Device Manufacturing in Vermont?

The Medical Device Manufacturing in Vermont includes fabricating medical diagnostic and therapeutic apparatuses, research and development and marketing and distribution. Related terms covered in the Medical Device Manufacturing in Vermont industry report includes electrically operated diagnostic and other medical equipment, submissions to the food and drug administration when death or serious injury occurs while using a medical device, a premarket notification for most devices, named for the section of the law that requires these submissions, the alteration of nerve activity through the delivery of electrical stimulation or chemical agents to targeted sites of the body and a process of generating items from biological material, wherein cell function and viability are preserved within the printed item.

Industry Performance of the Medical Device Manufacturing industry in Vermont

Benchmark the Medical Device Manufacturing in Vermont industry performance with all VT county and national performance.

Medical Device Manufacturing in Vermont

#38 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Medical Device Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Medical Device Manufacturing industry in Vermont

See how key industry drivers, such as population, median houshold income, new business formation, number of physician visits, number of adults aged 65 and older and total health expenditure are impacting Medical Device Manufacturing in Vermont

Vermont Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in VT State Economic profile

US Key External Drivers

Number of physician visits
Number of adults aged 65 and older
Total health expenditure

For the full list of industry drivers, see report purchase options.

County Data of the Medical Device Manufacturing industry in Vermont

Access proprietary data on county in the Medical Device Manufacturing in Vermont, such as Chittenden County, Washington County and Franklin County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Medical Device Manufacturing industry in Vermont

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Medical Device Manufacturing industry in Vermont in 2025?

The market size of the Medical Device Manufacturing industry in Vermont is $45.6m in 2025.

How many businesses are there in the Medical Device Manufacturing industry in Vermont in 2025?

There are 10 businesses in the Medical Device Manufacturing industry in Vermont, which has been growing at an average annual rate of 4.6% from 2020 to 2025.

Has the Medical Device Manufacturing industry in Vermont grown or declined over the past 5 years?

The market size of the Medical Device Manufacturing industry in Vermont has been growing at an average annual rate of 6.1% from 2020 to 2025.

How many employees in the Medical Device Manufacturing industry in Vermont in 2025?

There are 150 employees in the Medical Device Manufacturing industry in Vermont, which has been growing at an average annual rate of 5.1% from 2020 to 2025.