Surgical and Medical Instrument Manufacturing Revenue Benchmarks

How much does the average surgical and medical instrument manufacturing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$39.8M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$364K

per year

👤

Total Businesses

1,093

in the US

🏢

Est. Owner Income

$4.0M

small business avg

💵

Labor Cost

22.0%

of revenue

👥

Avg Employee Wage

$98K

per year (BLS)

💼

Market Saturation

0.3

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$1.2M
5-9 employees
$2.2M
10-19 employees
$5.3M
20-99 employees
$16.2M
100-499 employees
$59.0M
500+ employees
$347.7M

🏆 Highest Revenue States

1.Nebraska$211.6M avg2.Utah$88.0M avg3.Indiana$68.4M avg4.Minnesota$67.2M avg5.Virginia$61.7M avg6.Wisconsin$47.4M avg7.South Carolina$43.9M avg8.New Hampshire$43.9M avg9.Massachusetts$42.2M avg10.New York$41.7M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

6.58%

openings/year

Closure Rate

8.72%

closings/year

Net Job Growth

+1.94%

annual

Businesses Closed

623

in 2023

Firm Count Trend

19
20
21
22
23
8,108 firms7,215 firms

💡 Should You Start a Surgical and Medical Instrument Manufacturing Business?

Startup Cost

$50K – $250K

Break-Even

0 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Machine Shops$3.2MCommercial Printing (except Screen and Books)$5.8MRetail Bakeries$1.8MWood Kitchen Cabinet and Countertop Manufacturing$3.3MSign Manufacturing$2.9M

Compare Surgical and Medical Instrument Manufacturing revenue with other industries:

vs Machinevs Commercialvs Retail