Analysis
NAICS 42345 is the 2022 NAICS industry for medical, dental, and hospital equipment and supplies merchant wholesalers, part of 4234 (Professional and Commercial Equipment and Supplies Merchant Wholesalers).
It has only one more detailed code, 423450, which covers exactly the same activities; the definition, index entries and statistics are on that page.
County Business Patterns counts 10,296 US establishments in this code in 2023, employing 272,209 people at an average annual payroll of $125,412 per employee (93rd percentile of national industries). 60% of the establishments have fewer than five employees, which is close to the national mix.
By establishments it ranks 1st of the 7 codes at this level within Professional and Commercial Equipment and Supplies Merchant Wholesalers, with 34.5% of them.
Between 2018 and 2023 the number of establishments fell 1% and employment rose 15%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.
Official definition
See industry description for 423450.
Source: US Census Bureau, NAICS 2022 Manual.