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Medical Instrument & Supply Manufacturing in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM33911a

Medical Instrument & Supply Manufacturing in New Mexico industry analysis

The Medical Instrument & Supply Manufacturing industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to decrease % to $x.x million.

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About the Medical Instrument & Supply Manufacturing in New Mexico Market Research Report

What’s Included in the Medical Instrument & Supply Manufacturing in New Mexico Market Research Report

Definition of the Medical Instrument & Supply Manufacturing in New Mexico?

Medical instrument and supply manufacturers design, produce and distribute various tools, devices, equipment and supplies used in healthcare settings. These companies are crucial in providing healthcare professionals with the tools to diagnose, treat and manage medical conditions.

What’s included in the Medical Instrument & Supply Manufacturing in New Mexico?

The Medical Instrument & Supply Manufacturing in New Mexico includes designing, developing and manufacturing medical and surgical instruments and supplies, designing, developing and manufacturing dental instruments and supplies and designing, developing and manufacturing veterinary instruments and supplies. Related terms covered in the Medical Instrument & Supply Manufacturing in New Mexico industry report includes a premarket submission made to the fda to demonstrate that the device to be marketed is at least as safe and effective to a legally marketed device that is not subject to pma, the study of a device in human subjects with the intent to discover potential beneficial effects or determine its safety and efficacy, the process of eliminating or destroying microbial life from surfaces, instruments, equipment or other objects to prevent infection or contamination and procedures and protocols implemented to ensure that medical supplies and instruments meet specified quality standards and perform as intended.

Industry Performance of the Medical Instrument & Supply Manufacturing industry in New Mexico

Benchmark the Medical Instrument & Supply Manufacturing in New Mexico industry performance with all NM county and national performance.

Medical Instrument & Supply Manufacturing in New Mexico

#31 in Highest Revenue 0.6% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Medical Instrument & Supply Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Medical Instrument & Supply Manufacturing industry in New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, number of physician visits, number of adults aged 65 and older and research and development expenditure are impacting Medical Instrument & Supply Manufacturing in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Number of physician visits
Number of adults aged 65 and older
Research and development expenditure

For the full list of industry drivers, see report purchase options.

County Data of the Medical Instrument & Supply Manufacturing industry in New Mexico

Access proprietary data on county in the Medical Instrument & Supply Manufacturing in New Mexico, such as Bernalillo County, San Juan County and Valencia County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Medical Instrument & Supply Manufacturing industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Medical Instrument & Supply Manufacturing industry in New Mexico in 2025?

The market size of the Medical Instrument & Supply Manufacturing industry in New Mexico is $639.5m in 2025.

How many businesses are there in the Medical Instrument & Supply Manufacturing industry in New Mexico in 2025?

There are 44 businesses in the Medical Instrument & Supply Manufacturing industry in New Mexico, which has been declining at an average annual rate of -1.3% from 2020 to 2025.

Has the Medical Instrument & Supply Manufacturing industry in New Mexico grown or declined over the past 5 years?

The market size of the Medical Instrument & Supply Manufacturing industry in New Mexico has been declining at an average annual rate of -1.6% from 2020 to 2025.

How many employees in the Medical Instrument & Supply Manufacturing industry in New Mexico in 2025?

There are 919 employees in the Medical Instrument & Supply Manufacturing industry in New Mexico, which has been declining at an average annual rate of -1.1% from 2020 to 2025.