Medical Instrument & Supply Manufacturing in the US - Industry Market Research Report

Medical Instrument & Supply Manufacturing in the US - Industry Market Research Report

  • May 2017
  • 39 pages
  • Ibisworld
Report ID: 198825
Healthy environment: Favorable demographic and technological trends will support industry sales

Medical Instrument & Supply Manufacturing in the US

Over the five years to 2017, revenue for the Medical Instrument and Supply Manufacturing industry grew modestly. As a result of healthcare reform, hospitals have increased demand for medical supplies; however, at the same time, hospital consolidation has also constrained demand for industry products. Changing demographics, healthcare reform and product innovation will shape the industry in coming years. The aging population is expected to have the most significant effect on demand for medical supplies and instruments, as their need for care drives increases in overall public and private health expenditure. In contrast, possible constraints to industry growth may come in the form of reduced hospital capital equipment spending amid tight credit market conditions, stressed government budgets and soft demand for elective medical procedures.

This industry primarily researches, develops and produces nonelectronic medical, surgical, dental and veterinary instruments and apparatus, such as syringes, anesthesia apparatus, blood transfusion equipment, catheters, surgical clamps and medical thermometers. The industry does not manufacture electromedical and electrotherapeutic apparatus, X-ray apparatus, nonmedical thermometers or ophthalmic goods (such as contact lenses and eyeglasses).

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 Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MAJOR COMPANIES
Stryker Corporation
Johnson & Johnson
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Country=UnitedStates Industry=Healthcare ParentIndustry=Healthcare Date=201705 Topic=MarketReport Publisher=Ibisworld Price=1000