Medical Instrument & Supply Manufacturing in Illinois - Industry Market Research Report

  • ID: 4578583
  • Report
  • Region: Illinois
  • 27 pages
  • IBISWorld
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Doctor's orders: Industry revenue to grow with increases in aging population, physician visits, and healthcare

FEATURED COMPANIES

  • Abbott Laboratories
  • AbbVie Inc.
  • Baxter International
  • Medline Industries
  • Pfizer Inc.
  • MORE

Medical Instrument & Supply Manufacturing in Illinois

The Medical Instrument and Supply Manufacturing industry in Illinois, a state which houses activity from industry players such as Abbot Laboratories, has experienced a decline in revenue over the past five years, in line with general industry trends, and has been affected by the appreciating United States dollar and competition from imports. Nonetheless, the industry has benefited from Illinois' aging population and the growing number of people with private health insurance, both of which have increased over the period. These increases are projected to continue through to 2022, and, in conjunction with growth in research and development expenditure and continued mergers and acquisitions, are expected to cause revenue to experience growth over the next five years.

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.

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

  • Abbott Laboratories
  • AbbVie Inc.
  • Baxter International
  • Medline Industries
  • Pfizer Inc.
  • 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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  • Pfizer Inc.
  • Medline Industries
  • AbbVie Inc.
  • Baxter International
  • Abbott Laboratories
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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