2024 Medical Equipment & Supplies Manufacturing Industry Research Report

Medical Equipment & Supplies Manufacturing - Market Size and Industry Forecast

The 2024 Medical Equipment and Supplies Manufacturing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the medical equipment & supplies manufacturing industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Medical Equipment & Supplies Manufacturing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Medical Equipment & Supplies Manufacturing companies in the United States.

Medical Equipment & Supplies Manufacturing Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesMedical Equipment & Supplies Manufacturing
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Medical Equipment & Supplies Manufacturing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Medical Equipment & Supplies Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Medical Equipment & Supplies Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations7%

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Chief Executives0%
General and Operations Managers2%
Architecture and Engineering Occupations8%
Engineers6%
Office and Administrative Support Occupations13%
Production Occupations52%
Assemblers and Fabricators14%
Miscellaneous Assemblers and Fabricators11%
Assemblers and Fabricators, All Other, Including Team Assemblers11%
Metal Workers and Plastic Workers10%
Other Production Occupations23%
Medical, Dental, and Ophthalmic Laboratory Technicians15%
Dental Laboratory Technicians9%

Government Contracts

In the past, the federal government spent an annual total of $2,836,738,127 on the medical equipment & supplies manufacturing industry. It has awarded 114,818 contracts to 5,236 companies, with an average value of $541,776 per company.

Medical Equipment & Supplies Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Medical Equipment & Supplies Manufacturing Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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