Irradiation Apparatus Manufacturing Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing irradiation apparatus and tubes for applications, such as medical diagnostic, medical therapeutic, industrial, research and scientific evaluation. Irradiation can take the form of beta-rays, gamma-rays, X-rays, or other ionizing radiation.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Irradiation Apparatus Manufacturing industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Irradiation Apparatus Manufacturing companies in the United States.
Irradiation Apparatus Manufacturing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Irradiation Apparatus Manufacturing |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Irradiation Apparatus Manufacturing Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Irradiation Apparatus Manufacturing industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Irradiation apparatus manufacturing | Included |
Irradiation (ionizing radiation) equipment |
Irradiation (ionizing rad.) equip. (nuclear/X-/beta/gamma rays) |
Irradiation (ionizing radiation) equipment, nsk, total |
Irradiation (ionizing radiation) equip., nsk, admin-records |
Salary information for employees working in the Irradiation Apparatus Manufacturing industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 11% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Business and Financial Operations Occupations | 9% |
| Business Operations Specialists | 6% |
| Computer and Mathematical Occupations | 11% |
| Computer Occupations | 11% |
| Software Developers and Programmers | 7% |
| Architecture and Engineering Occupations | 22% |
| Engineers | 16% |
| Electrical and Electronics Engineers | 5% |
| Drafters, Engineering Technicians, and Mapping Technicians | 5% |
| Office and Administrative Support Occupations | 10% |
| Production Occupations | 28% |
| Assemblers and Fabricators | 17% |
| Electrical, Electronics, and Electromechanical Assemblers | 11% |
| Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers | 11% |
| Miscellaneous Assemblers and Fabricators | 5% |
| Assemblers and Fabricators, All Other, Including Team Assemblers | 5% |
| Metal Workers and Plastic Workers | 5% |
Government Contracts
The federal government spent an annual total of
$481,343,429 on the irradiation apparatus manufacturing industry. It has awarded 2,624 contracts to 138 companies, with an average value of $3,487,996 per company.
Top Companies in Irradiation Apparatus Manufacturing and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
