Surgical and Medical Instrument Manufacturing - 2022 U.S. Industry Market Research Report with COVID-19 Updates & Forecasts
The 2022 Surgical and Medical Instrument Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2013-2026. This report includes updated data and forecasts due to the economic impact of COVID-19.
This Kentley Insights report includes historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, plant utilization, BCG matrix, statistics by state, operating expense details, cost of materials and inventory, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This U.S. industry includes companies primarily engaged in manufacturing medical, surgical, ophthalmic, and veterinary instruments and apparatus (except electrotherapeutic, electromedical and irradiation apparatus). Examples of products made by these companies are syringes, hypodermic needles, anesthesia apparatus, blood transfusion equipment, catheters, surgical clamps, and medical thermometers.
This 37-page report is based on extensive business surveys filled out by companies in the industry. Analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the 2022 Surgical and Medical Instrument Manufacturing Market Research Report:
In 2020, industry sales were $51.2 billion
Purchase now for historical (2013-2021) and forecasted (2022, 2026) market size
Over the past 3 years, the industry has grown at an annual rate of 12.1%
Purchase now for historical (2013-2021) and forecasted (2022, 2026) growth rates
There are 1,146 companies in the industry
Learn more about the historical and forecasted industry composition
SALES PER COMPANY
In 2020, the average sales per company was $46.0 million
Purchase now for historical and forecasted sales per company
PPI & PRICING
2020 PPI growth was 1.2%
Purchase now for historical PPI (2013-2021), and forecasts for 2022 & 2026
FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.6
Benchmark nine other important financial ratios
In 2020, employee productivity was $417,804
Purchase now for historical (2013-2021) and forecasted (2022, 2026) employee productivity
3.5% of expenses are spent on health insurance
Benchmark against 24 other expense categories
In 2020, industry operating expenses grew 24.8%
Purchase now for 2021, historical and forecasted OPEX
In 2020, payroll per employee was $68,933
Get the full picture with historicals and the 2022 and 2026 forecasts
PAYROLL BY STATE
California averages $86,113 in payroll per employee
Purchase now for payroll stats on other states
JOB CATEGORIZATION BENCHMARKS
8% of employees in the industry are in management positions
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $21.39
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above highlights represent a small fraction of what you will find in this report.
Purchase The 2022 U.S. Market Research Report on Surgical and Medical Instrument Manufacturing now to unlock the insight from one of the most trusted research firms.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook