Surgical and Medical Instrument Manufacturing in Minnesota
Revenue benchmarks for surgical and medical instrument manufacturing businesses operating in Minnesota.
#4 of 50 states+68.7% vs national avg
Average Revenue
$67.2M
per year
Businesses
67
in Minnesota
Revenue / Employee
$383K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.2
firms per 100K in MN
Total Revenue
$4.5B
all firms in MN
Total Employees
11,763
in MN
How Minnesota Compares
National Average$39.8M
Minnesota$67.2M
Difference+$27.4M (+68.7%)