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U.S. Surgical And Medical Instrument Market. Analysis And Forecast to 2030
Report Update: Nov 1, 2024

U.S. Surgical And Medical Instrument Market. Analysis And Forecast to 2030

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May 25, 2017

U.S. Surgical and Medical Instrument Market Reached 36B USD in 2015

Photo: © michaeljung / Bigstockphoto

According to market research conducted by IndexBox, from 2008 to 2015, the U.S. surgical and medical instrument market showed positive dynamics. In 2015, the surgical and medical instrument market reached X million USD, which was X million USD (X%) more than in 2014.

U.S. growth in surgical and medical instrument consumption is expected to decelerate to +X% (currently +X%) in the medium term, amid excise tax load and increasing marketing costs. The main growth driver of consumption is higher health insurance coverage. High consumption growth rate in recent years can be explained by strong employment growth which leads to a rise in income, providing a solid base of consumer spending, which will continue for the medium term.

U.S. surgical and medical instrument manufacturing illustrated steady growth over the last few years. In 2014, the value of shipments in the industry reached X million USD, rising with a CAGR of +X% from 2008 to 2015.

Intense competition from imports, particularly from Mexico, has increasingly constrained industry performance during this period. Mexico was the main supplier of surgical and medical instrument into the U.S., accounting for X% of total U.S. imports in 2015. It was followed by Ireland (X%), Germany (X%), Costa Rica (X%), Switzerland (X%), and China (X%), with a combined share of X% of total imports. Mexico's share grew with a CAGR of +X% from 2007 to 2015, however, China (+X% per year), Switzerland (+X% per year) and Costa Rica (+X% per year) were the fastest growing suppliers over the period under review. Mexico, China, Costa Rica, and Switzerland strengthened their positions in the U.S. import structure. By contrast, Ireland and Germany saw their shares reduced.

U.S. exports of surgical and medical instruments have experienced steady growth since 2007. The export growth rates were higher than those of production and consumption. As U.S. companies improved their positions on overseas markets, domestic manufacturers enjoyed a new growth driver. In 2015, Belgium (X%), Netherlands (X%), Japan (X%), and Mexico (X%) were the main destinations of U.S. surgical and medical instrument exports. The share exported to Belgium increased (+X percentage points), while the shares of the other leaders remained relatively stable throughout the analyzed period.

Do you want to know more about the U.S. surgical and medical instrument market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • surgical and medical instrument market share
  • surgical and medical instrument prices
  • surgical and medical instrument industry
  • surgical and medical instrument sales
  • surgical and medical instrument market forecast
  • surgical and medical instrument price forecast
  • key surgical and medical instrument producers

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for surgical and medical instrument in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • NAICS 339112 - Surgical and medical instrument manufacturing

Companies mentioned:

  • Stryker Corporation
  • 3M Company
  • Boston Scientific Corporation
  • C. R. Bard
  • Becton
  • Dickinson and Company
  • Medline Industries
  • Carefusion Corporation
  • Synthes
  • Beckman Coulter
  • Abbott Medical Optics
  • Teleflex Incorporated
  • Nuvasive
  • Intuitive Surgical
  • Haemonetics Corporation
  • B. Braun Medical
  • Resmed Inc.
  • Convatec
  • Vention Medical
  • Tecomet
  • Baxter Healthcare Corporation
  • Acelity L.P.
  • Alcon Laboratories
  • Mallinckrodt
  • Integra Lifesciences Holdings Corporation
  • Hill-Rom Holdings
  • Francis W Lavelle
  • Medtronic Usa
  • Accellent Holdings Corp.
  • Guidant Sales
  • Fresenius Medical Care Holdings

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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