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2023 U.S. Industry Statistics & Market Forecast - Specialized Design Services


Market Size & Industry Statistics

The total U.S. industry market size for Specialized Design Services: 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.

Specialized Design Services market size 2023
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2017        2018        2019        2020        2021        2022
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2023 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Specialized Design Services industry is constantly evolving, with trends that continue to shape and impact the sector. One of the key trends is the growing demand for user experience (UX) design, which is becoming increasingly important to create exceptional customer experiences. As businesses compete on customer satisfaction, UX design has become a crucial tool to create visually appealing and user-friendly digital interfaces.

Another significant trend is the growing emphasis on sustainability and eco-friendliness in design. As consumers become more aware of their impact on the environment, they are increasingly seeking products and services that are environmentally responsible. This trend has led to specialized design services emerging, such as sustainable packaging design and eco-friendly brand identity.

With the advent of technology, another emerging trend in the industry is the proliferation of Augmented Reality (AR) and Virtual Reality (VR) design services. AR and VR design allows businesses to interact with their customers in more immersive ways, providing a more engaging experience than traditional forms of marketing or advertising.

Finally, the trend towards personalization is also having an impact on the Specialized Design Services industry. Today's consumers want products and services that are tailored to their needs and preferences, and businesses are turning to customized design services to meet this demand. This trend has led to specialization in areas such as custom web and mobile application development, personalized product packaging design, and bespoke brand identity.



Product & Services Breakdown

Research products and services in the Specialized Design Services industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Printing Services

Full-Service Interior Design Services

Full-Service Interior Design Services For Residential Buildings, Except Historical Restoration

Full-Service Interior Design Services For Non-Residential Buildings, Except Historical Restoration

Interior Design Services Sold Separately

Interior Decorating Services

Industrial Design Services

Industrial - Product Design Services

Industrial - Model Design And Fabrication Services

Other Industrial Design Services

Graphic Design Services

Corporate And Organization Image Design Services

Advertising And Promotional Design Creative Services

Publication Design Services

Commercial Illustration Design Services

Website And Internet Presence Design And Development Services

All Other Graphic Design Services

Clothing Design Services

Other Specialized Design Services

Resale Of Merchandise

All Other Receipts

All Other Operating Receipts



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.

U.S. map by state

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 AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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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
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Specialized Design Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry 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 Specialized Design Services industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
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).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Specialized Design Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry 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.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry 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.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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.



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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 11%

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Top Executives 7%
Chief Executives%
General and Operations Managers 7%
General and Operations Managers7%
Business and Financial Operations Occupations 10%
Business Operations Specialists 8%
Architecture and Engineering Occupations 5%
Arts, Design, Entertainment, Sports, and Media Occupations 41%
Art and Design Workers 39%
Designers 36%
Graphic Designers 16%
Interior Designers 17%
Sales and Related Occupations 6%
Office and Administrative Support Occupations 11%
Production Occupations 6%
Source: Bureau of Labor Statistics


Specialized Design Services Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Specialized Design Services 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 Specialized Design Services 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 Specialized Design Services industry.
Source:
IncFact




Executive Briefings

Our products compete primarily on the basis of product performance, quality, and service.  The surgical markets in which we compete globally are characterized by intense competition.  These markets are typically dominated by very large, established manufacturers that have broader product lines, greater distribution capabilities, substantially greater capital resources, and larger marketing, research, and development staffs and facilities than Synovis.  Many of these competitors offer broader product lines within our specific product market, particularly in our surgical tool markets, and/or in the general field of medical devices and supplies.  Broad product lines give many of our competitors the ability to negotiate exclusive, long-term medical device supply contracts and, consequently, the ability to offer comprehensive pricing for their products, including those that compete with our products.  By offering a broader product line in the general field of medical devices and supplies, competitors may also have an advantage in marketing competing products to group purchasing organizations, health maintenance organizations, and other managed care organizations that increasingly seek to reduce costs by centralizing and consolidating their purchasing functions. Competition for our biomaterial products is primarily from products comprised of synthetic materials, other xenograft tissues, and human cadaveric tissue.  The ability of these products to compete with our biomaterial products varies based on each such product’s indications for use, relative features, benefits, and surgeon preference.  We believe that the collagen characteristics exclusive to pericardial tissue, the strength of the multi-directional fibers of the pericardial substrate, the proprietary tissue-treatment process, and the purification process we employ offer significant benefits in product performance over competitive cadaveric tissue and synthetic materials. We believe the major competitors to Peri-Strips include W.L. Gore Synovis Life Technologies

Government Contracts

In 2022, the federal government spent a total of $100,321,144 on Specialized Design Services. It has awarded 443 contracts to 241 companies, with an average value of $416,270 per company.   

Most Recent Contracts Date Total Award Amount




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