Electromedical and Electrotherapeutic Apparatus Manufacturing in Michigan
Revenue benchmarks for electromedical and electrotherapeutic apparatus manufacturing businesses operating in Michigan.
#10 of 50 states-18.0% vs national avg
Average Revenue
$44.2M
per year
Businesses
8
in Michigan
Revenue / Employee
$439K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.1
firms per 100K in MI
Total Revenue
$353.4M
all firms in MI
Total Employees
805
in MI
How Michigan Compares
National Average$53.9M
Michigan$44.2M
Difference$9.7M (-18.0%)