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Surgical Instrument Manufacturing - Industry Market Research Report

  • ID: 2052804
  • Report
  • January 2017
  • Region: United States
  • 38 pages
  • IBISWorld
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No cutbacks: The aging population and persisting obesity epidemic will continue to boost industry sales

FEATURED COMPANIES

  • Johnson & Johnson
  • Medtronic PLC
  • Stryker Corporation
  • MORE

Surgical Instrument Manufacturing

The number of surgeries is on the rise, driving demand for the Surgical Instrument Manufacturing industry. The aging US population and growing spending on healthcare have helped bolster revenue over the past five years, while the effects of the Patient Protection and Affordable Care Act (PPACA) have given millions of Americans new access to healthcare services, including surgeries. Coupled with increased out-of-pocket spending on elective surgery and the effect of the improving labor market on the number of Americans with employee-sponsored private health insurance, the expansion of the PPACA led many hospitals and other treatment facilities to stock up on surgical equipment in preparation for booming demand. Further challenging cost-cutting efforts in downstream markets, many commodity costs have increased over the past five years. Over the five years to 2022, industry revenue is projected to grow. An increase in the number of surgeries due to aging baby boomers and the obesity epidemic will continue to boost industry sales.

Companies in this industry manufacture specially designed tools or devices for performing specific actions during a surgery or operation.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Johnson & Johnson
  • Medtronic PLC
  • Stryker Corporation
  • MORE

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

Note: Product cover images may vary from those shown
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  • Medtronic PLC
  • Stryker Corporation
  • Johnson & Johnson
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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