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2025 U.S. Industry Statistics & Market Forecast - Irradiation Apparatus Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Irradiation Apparatus Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Irradiation Apparatus Manufacturing industry include:- Increasing demand for sterilization products due to healthcare sector growth
- Technological advancements in irradiation technology
- Stringent regulatory requirements for medical equipment sterilization
- Rise in cancer cases increasing the need for radiation therapy devices
- Global expansion in food safety standards boosting food irradiation
- Growth of semiconductor industry demanding precision irradiation solutions
- Environmental concerns influencing the development of cleaner irradiation technologies
- Integration of IoT and AI for improved apparatus performance and monitoring
- Shift towards non-nuclear sources for radiation (e.g., X-rays, electron beams)
- Emerging economies' rising healthcare infrastructure driving demand
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Irradiation Apparatus Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Irradiation Apparatus Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Irradiation Apparatus Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 12% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Business and Financial Operations Occupations | 10% | |||
| Business Operations Specialists | 8% | |||
| Computer and Mathematical Occupations | 14% | |||
| Computer Occupations | 14% | |||
| Software and Web Developers, Programmers, and Testers | 10% | |||
| Software Developers | 9% | |||
| Architecture and Engineering Occupations | 19% | |||
| Engineers | 15% | |||
| Office and Administrative Support Occupations | 8% | |||
| Production Occupations | 25% | |||
| Assemblers and Fabricators | 14% | |||
| Electrical, Electronics, and Electromechanical Assemblers | 10% | |||
| Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers | 10% | |||
Irradiation Apparatus Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Irradiation Apparatus Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Irradiation Apparatus Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Irradiation Apparatus Manufacturing industry. |
Source:
Latest Industry News
- Apple iphone India Manufacturing Push Hit As Foxconn Removes Chinese Staff - NDTV.com - Apple's India Manufacturing Push Hit As Foxconn Removes Chinese Staff The bulk of India-made iPhones are assembled at Foxconn's factory in southern India. NDTV News Desk India News (07/03/2025)
- Narayana Murthy’s Catamaran eyes Amazon-like joint ventures in precision manufacturing - Moneycontrol - We're looking for a Y2K moment for precision manufacturing here in India, Ranganath MD, Chairman at Catamaran told Moneycontrol in an interview. (07/03/2025)
- Optimizing laser irradiation: An in-silico meta-analysis of skin discoloration treatment - Medical Xpress - More information: Yu Shimojo et al, Association between irradiation parameters and outcomes for picosecond laser treatment of nevus of Ota: An in-silico-supported meta-analysis, JAAD Reviews (2025). (07/03/2025)
- Report: Intel considers moving on from 18A chip manufacturing process - Intel Corp. is set to revamp its contract chip manufacturing business by pivoting away from its highly publicized 18A process and switching its attention to its next-generation 14A node in an ... (07/02/2025)
- US Manufacturing Activity Contracted in June for a Fourth Month - US factory activity contracted in June for a fourth consecutive month as orders and employment shrank at a faster pace, extending the malaise in manufacturing. The Institute for Supply Management ... (07/01/2025)
- Pierce U.S. Road Rally Rolls On: Tour Highlights Market Leading Fire Apparatus Innovation | Firehouse - Midpoint milestone for U.S. Road Rally brings continued momentum, expanded reach, and more opportunities for hands-on exploration of Pierce’s cutting-edge fire apparatus. APPLETON, WI – Pierce ... (06/25/2025)
- Frederick County Prepares for Delivery of Pierce Volterra Electric Fire Truck | Firehouse - About Pierce Manufacturing Pierce Manufacturing Inc., an Oshkosh Corporation [NYSE: OSK] business, is the leading North American manufacturer of custom fire apparatus. (06/12/2025)
- House proposes manufacturing network to boost wartime arms production - Defense News - It also specifically advocates for the creation of a Civil Reserve Manufacturing Network that would establish “ready-to-scale defense production” and calls for Congress to fund it as soon as FY26. (06/12/2025)
- GM doubles down on American manufacturing with $4B investment - Michigan-based General Motors is investing $4 billion in the U.S. to boost domestic manufacturing of popular models of gas-powered and electric vehicles. (06/11/2025)
- Tech giant says it'll start manufacturing supercomputer parts in Houston - The computing giant said in its announcement that it is also investing in artificial intelligence chip production in Phoenix and another supercomputer manufacturing plant in Dallas. Together ... (05/26/2025)
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