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

Published: June 2023

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 Description	Number 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.

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)
Total Revenue	Order at top of page
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

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	11%	Order at top of page
Top Executives	7%
Chief Executives	%
General and Operations Managers	7%
General and Operations Managers	7%
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.

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