Medical equipment & supplies manufacturing

Industry Group

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Workforce Population

757k

2023

Average Employee Age

43.7

2023

Estimated Job Growth

5.33%

10-Year Projection

Average Salary

$95,966

2023

Average Male Salary

$109,271

2023

Average Female Salary

$77,596

2023

About

The top three occupations in the Medical equipment & supplies manufacturing Industry Group are other assemblers and fabricators, miscellaneous production workers, including semiconductor processors, and other managers. On average, full-time employees in the Medical equipment & supplies manufacturing Industry Group work 43.4 hours per week and have an average annual salary of $98,972. Part-time employees in the same industry work 21.6 hours and earn an average annual salary of $40,802.

The locations with the highest concentration of employees in the Medical equipment & supplies manufacturing Industry Group are Kosciusko & Marshall Counties PUMA, IN, Hennepin County--Brooklyn Park, Maple Grove (East) & Osseo Cities PUMA, MN, and Juana Díaz, Coamo & Villalba PUMA, PR.

The workforce of Medical equipment & supplies manufacturing Industry Group in 2023 was 756,926 people, with 42% woman, and 58% men.

In 2023, 63.5% of the workforce in the Medical equipment & supplies manufacturing Industry Group was White (480,950 people), of which 39.7% were women and 60.3% men.

Photo by Berkeley Lab

Manufacturing

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Medical equipment & supplies manufacturing Industry Group.

The workforce in Medical equipment & supplies manufacturing Industry Group was 756,926 people and is concentrated in California (125,236 workers). The average annual salary was $95,966, being $28,239 more than the national average salary, which was $67,727.

Monthly Employment

Start Year

Y-Axis

0.467%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 108k people employed in the Medical Equipment and Supplies Manufacturing industry. This represents a 0.467% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Medical Equipment and Supplies Manufacturing over time (non-seasonally adjusted).

Employment by Location

The states that concentrated the largest workforce in 2023 were California (125k), Minnesota (54.2k), and Texas (45.5k).

This map shows the states in the United States shaded by workforce for Medical equipment & supplies manufacturing Industry Group.

Yearly Wage Ranking

In 2023, Medical equipment & supplies manufacturing Industry Group had an average annual wage of $95,966, $28,239 more than the average national salary of $67,727.

The graph shows the position of Medical equipment & supplies manufacturing Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.435

WAGE GINI

Medical equipment & supplies manufacturing has a wage GINI of 0.435, which is less than than the national average of 0.476. In other words, wages are distributed more evenly in Medical equipment & supplies manufacturing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Medical equipment & supplies manufacturing Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Medical equipment & supplies manufacturing Industry Group.

Other assemblers and fabricators are the most common position with 63,935 workers, but the Medical equipment & supplies manufacturing Industry Group employs a relatively high number of Miscellaneous production workers, including semiconductor processors and Other managers.

The highest average salary in Medical equipment & supplies manufacturing goes to Lawyers, & judges, magistrates, & other judicial workers.

Occupations Distribution

The graph shows the distribution of employees in the Medical equipment & supplies manufacturing Industry Group according to occupations. In 2023, the occupations that concentrated the largest number of employees in this industry were other assemblers and fabricators (63,935 people), miscellaneous production workers, including semiconductor processors (44,017 people), and other managers (43,570 people)

Wage by Sex in Common Jobs

$109,271

AVERAGE MALE SALARY

±$3,945

$77,596

AVERAGE FEMALE SALARY

±$3,301

On average, Male workers in the Medical equipment & supplies manufacturing Industry Group make 1.41 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Medical equipment & supplies manufacturing Industry Group.

Business

Estimates of the sources of the costs and the purchasers of the products in the Medical equipment & supplies manufacturing Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Medical equipment & supplies manufacturing Industry Group.

The Medical equipment & supplies manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry.

California and Florida stand out as the states with the largest number of establishments in the Medical equipment & supplies manufacturing Industry Group.

Industrial Flow

The closest comparable data for Medical equipment & supplies manufacturing is from Manufacturing.

Manufacturing has the highest single input, by dollars, to the Medical equipment & supplies manufacturing Industry Group, and the largest industry purchasing services from the Medical equipment & supplies manufacturing Industry Group is Manufacturing.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Intermediate Inputs

The closest comparable data for Medical equipment & supplies manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

Manufacturing
Wholesale trade
Mining

The Medical equipment & supplies manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Medical equipment & supplies manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

The Manufacturing Industry purchases the greatest share of products and services from the Medical equipment & supplies manufacturing Industry Group in order to produce other goods and services. Purchases of the Medical equipment & supplies manufacturing Industry Group for final consumption by consumers, businesses, or government are not included here.

Establishments

States with more establishments in 2022

California
1,407
Florida
663
Texas
532

The charts shows the distribution of establishments in the Medical equipment & supplies manufacturing industry by states and the number of establishments according to size.

Diversity

Demographic information on the Medical equipment & supplies manufacturing Industry Group in the US.

Of the total workforce, 42% corresponds to women and 58% men. Male employees tend to earn more than Female employees, with average respective salaries of $109,271 and $77,596.

69.8% of workers have a bachelors degree, high school or equivalent or some college.

Gender and Age

317,940

Women

42%

438,986

Men

58%

The workforce of Medical equipment & supplies manufacturing industry in 2023 was 756,926 people, with 42% woman, and 58% men.

The visualization shows the distribution of the workforce by gender and age in Medical equipment & supplies manufacturing industry.

Races

In 2023, 63.5% of the workforce in the Medical equipment & supplies manufacturing industry was White (480,950 people), of which 39.7% were women and 60.3% men.

Other races that concentrated a significant number of workers were Asian and Two or More Races.

Educational Levels

The main educational levels achieved by the Medical equipment & supplies manufacturing workers in 2023 were bachelors degree (243,589 people), high school or equivalent (154,693 people), and some college (129,875 people).

The chart shows the Medical equipment & supplies manufacturing workforce by gender and educational level.

Projections

Growth projections of the Medical Equipment and Supplies Manufacturing industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 5.33% in the next ten years. The Medical Equipment and Supplies Manufacturing industry has a lower projected workforce growth at 5.33%. Its projected 10-year growth in output (14.3%) is lower than the projected national growth in output (14.3%).

Job Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Medical Equipment and Supplies Manufacturing.

5.33%

Estimated Job Growth

10-year Projection

5.33%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Medical Equipment and Supplies Manufacturing. This industry is expected to grow approximately the same than 5.33%, the average rate of national job growth.