NAICS Industry

NAICS 423450 Federal Contract Obligations (Last 5 Years)

Federal procurement activity for NAICS 423450 covers medical, dental, and hospital equipment and supplies merchant wholesalers over the last 5 years, with $10.04 billion obligated across 3,677,005 actions.

Defense Logistics Agency accounts for most obligations in this NAICS, followed by the Department of Veterans Affairs, USAID, the State Department, and Indian Health Service. On the vendor side, Cardinal Health 200, LLC and Owens & Minor Distribution, Inc. lead by obligated value, while annual obligations peak in 2025 at $2.55 billion.

Generated at 03/21/2026

Analysis period: Last 5 years

Totals reflect the last 5 years of readable FPDS-obligated data for NAICS 423450 and may include many small actions alongside higher-value procurement activity.

NAICS Code
423450
Industry
MEDICAL, DENTAL, AND HOSPITAL EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
Total Obligated
10.04 billion
10,042,242,804.87
Award Actions
3,677,005
Average Action Value
2,731.09

About NAICS 423450 federal contract activity

NAICS 423450 covers medical, dental, and hospital equipment and supplies merchant wholesalers. Over the last 5 years, FPDS records show $10.04 billion in obligated contract value across 3,677,005 awards, with an average award value of $2,731.09. The award profile is highly fragmented, indicating very large transaction volume alongside relatively small average obligations.

Agency demand and leading federal buyers

The Defense Logistics Agency dominated spending in this NAICS, accounting for $9.18 billion and 3,670,126 awards, or the clear majority of both dollars and volume. The next largest customer was the Department of Veterans Affairs at $999.70 million across 2,419 awards, followed by the Agency for International Development at $235.75 million. State and Indian Health Service also appear, but at materially lower obligation levels.

Vendor concentration and leading contractors

Cardinal Health 200, LLC was the leading vendor with $2.14 billion in obligations and 1,436,420 awards, making it the most significant supplier by both dollars and transaction count. Owens & Minor Distribution, Inc. ranked second with $991.96 million and 670,905 awards, while Medline Industries, LP, Cepheid, and Beacon Point Associates LLC rounded out the top five by obligated value. The vendor mix indicates a concentrated supplier base at the top, but with award activity spread across a very large number of transactions.

Annual contract trend over the analysis window

Annual obligations peaked in 2025 at $2.55 billion, the highest year in the analysis window. Prior years were lower but still consistently near or above $1.67 billion annually, with 2021 at $1.93 billion, 2022 at $1.67 billion, 2023 at $1.87 billion, and 2024 at $1.94 billion. Award counts remained elevated each year, ranging from 720,979 to 767,226, reinforcing the high-volume nature of procurement in this NAICS.

How to interpret this page

This summary uses FPDS obligations associated with NAICS 423450 over the last 5 years and aggregates by vendor, agency, and fiscal year as provided in the query results. Total obligated amounts reflect cumulative contract obligations, award counts reflect the number of awards recorded, and average award value is calculated from the reported totals. The analysis is descriptive only and does not infer award purpose, contract type, or performance outcomes beyond the supplied data.

Top Agencies

SELECT
    agency_id,
    agency_name,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        content__award__purchaserInformation__contractingOfficeAgencyID AS agency_id,
        anyHeavy(content__award__purchaserInformation__contractingOfficeAgencyID__name) AS agency_name,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__productOrServiceInformation__principalNAICSCode = '423450'
        AND content__award__purchaserInformation__contractingOfficeAgencyID IS NOT NULL
        AND content__award__purchaserInformation__contractingOfficeAgencyID != ''
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 5 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY agency_id
)
ORDER BY total_obligated DESC
LIMIT 10
Agency ID Agency Name Total Obligated Readable Award Actions
97AS DEFENSE LOGISTICS AGENCY 9,179,881,762.11 9.18 billion 3,670,126
3600 VETERANS AFFAIRS, DEPARTMENT OF 999,698,301.08 999.70 million 2,419
7200 AGENCY FOR INTERNATIONAL DEVELOPMENT 235,745,816.18 235.75 million 86
1900 STATE, DEPARTMENT OF 59,952,401.32 59.95 million 980
7527 INDIAN HEALTH SERVICE 44,650,149.14 44.65 million 742
1540 FEDERAL PRISON SYSTEM / BUREAU OF PRISONS 14,007,393.20 14.01 million 841
7012 U.S. IMMIGRATION AND CUSTOMS ENFORCEMENT 12,288,334.05 12.29 million 117
5700 DEPT OF THE AIR FORCE 9,489,271.20 9.49 million 173
7014 U.S. CUSTOMS AND BORDER PROTECTION 7,676,836.06 7.68 million 50
7001 OFFICE OF PROCUREMENT OPERATIONS 6,063,666.64 6.06 million 36

Insight

Obligations in NAICS 423450 were highly concentrated over the last 5 years, with the Defense Logistics Agency accounting for 9.18 billion of 10.04 billion total obligated, or roughly 91%. The Department of Veterans Affairs is a distant second at 999.70 million, while all other listed agencies each obligated less than 236 million, indicating a steep drop-off after the top two buyers. Award volume is even more concentrated: DLA represents 3,670,126 of 3,677,005 awards, suggesting this market is driven primarily by very high transaction volume at one agency.

Top Vendors

SELECT
    vendor_name,
    cage_code,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        content__award__vendor__vendorHeader__vendorName AS vendor_name,
        anyHeavy(content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode) AS cage_code,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__productOrServiceInformation__principalNAICSCode = '423450'
        AND content__award__vendor__vendorHeader__vendorName IS NOT NULL
        AND content__award__vendor__vendorHeader__vendorName != ''
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 5 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY vendor_name
)
ORDER BY total_obligated DESC
LIMIT 10
Vendor CAGE Code Total Obligated Readable Award Actions
CARDINAL HEALTH 200, LLC 07TA6 2,142,770,214.43 2.14 billion 1,436,420
OWENS & MINOR DISTRIBUTION, INC. 9C381 991,962,003.35 991.96 million 670,905
MEDLINE INDUSTRIES, LP 0PMN3 522,147,312.67 522.15 million 589
CEPHEID 07YE7 419,364,337.59 419.36 million 6,181
BEACON POINT ASSOCIATES LLC 6U5B7 376,814,623.82 376.81 million 43,685
ZOLL MEDICAL CORPORATION 0UJ27 341,226,880.49 341.23 million 27,619
JOHNSON & JOHNSON HEALTH CARE SYSTEMS INC. 79717 281,031,681.22 281.03 million 27,329
CANON MEDICAL SYSTEMS USA, INC. 2P432 249,857,247.25 249.86 million 1,255
HOWMEDICA OSTEONICS CORP. 9H084 229,968,490.90 229.97 million 20,395
REMOTE MEDICINE INC. 3KNU4 225,460,605.00 225.46 million 28

Insight

Over the last 5 years, NAICS 423450 obligations totaled $10.04 billion across 3,677,005 awards, with a low average award value of $2,731.09, indicating a highly transaction-intensive market. The vendor base is concentrated at the top: CARDINAL HEALTH 20, LLC accounted for $2.14 billion, followed by OWENS & MINOR DISTRIBUTION, INC. at $991.96 million, while the remaining top vendors each held materially smaller shares. Award counts vary widely across leading vendors, with some firms showing very high-volume activity and others, such as MEDLINE INDUSTRIES, LP and REMOTE MEDICINE INC., receiving comparatively few awards despite substantial obligations.

Annual Trend

SELECT
    year,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        toYear(parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate)) AS year,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__productOrServiceInformation__principalNAICSCode = '423450'
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 5 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY year
)
ORDER BY year DESC
Year Total Obligated Readable Award Actions
2025 2,553,257,054.42 2.55 billion 720,979
2024 1,937,205,410.95 1.94 billion 767,226
2023 1,868,021,713.51 1.87 billion 733,341
2022 1,671,655,194.07 1.67 billion 721,491
2021 1,925,036,181.96 1.93 billion 730,444

Insight

Over the last 5 years, NAICS 423450 obligated $10.04 billion across 3,677,005 awards, with an average award value of $2,731. Obligations were relatively steady from 2021 through 2024, ranging from $1.67 billion to $1.94 billion, before increasing to $2.55 billion in 2025. Award counts remained high and narrowly distributed year to year, indicating a large-volume, low-dollar transaction profile with a recent upward shift in obligated dollars.

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