Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers in Michigan
Revenue benchmarks for medical, dental, and hospital equipment and supplies merchant wholesalers businesses operating in Michigan.
#15 of 50 states-30.2% vs national avg
Average Revenue
$21.7M
per year
Businesses
193
in Michigan
Revenue / Employee
$1.0M
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.9
firms per 100K in MI
Total Revenue
$4.2B
all firms in MI
Total Employees
4,125
in MI
How Michigan Compares
National Average$31.0M
Michigan$21.7M
Difference$9.4M (-30.2%)