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Medical Device Manufacturing in the US - Industry Market Research Report

Medical Device Manufacturing in the US

Essential healthcare products are usually more expensive, which makes the Medical Device Manufacturing industry slightly more vulnerable to fluctuations in economic conditions. Technological advances, increased healthcare spending and the improving economy have stimulated demand for medical devices over the past five years to 2018, and the aging US population has further contributed to revenue growth, due to the high incidence of health issues requiring medical devices among the elderly. Growth in medical device manufacturing in other countries has led to decreased exports and increased imports. Continued globalization will also affect the composition of the industry over the next five years, as companies increasingly outsource manufacturing, research and development and other operations. Over the five years to 2023, the industry is expected to return to growth. The aging baby-boomer population and technological developments will continue to bolster industry growth, while the changing regulatory environment will likely support profitability.

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 applications such as medical diagnostic, medical therapeutic, industrial, research, scientific evaluation and more.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2018)
    • Table Industry Structure
  • Industry Performance
    • Table Number of physician visits
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2018)
    • Table Major market segmentation (2018)
    • Table Industry trade balance
    • Table Exports To ...
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major players (Market share)
    • Table Medtronic PLC (US industry-specific segment) - financial performance
    • Table General Electric Company (US industry-specific segment) - financial performance
    • Table Abbott Laboratories (US industry-specific segment) - financial performance
    • Table Johnson & Johnson (US industry-specific segment) - financial performance
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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