Industry Analysis & Industry Trends
The Optometrists industry has exhibited growth over the past five years, thanks to robust demand from the burgeoning elderly population, which has caused optometry services to expand. Looking forward, as healthcare reform requires individuals to have pediatric vision care coverage, this trend will support demand for eye examinations and corrective eyewear products from this demographic... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, the Optometrists industry has grown, thanks to optometrists continuing to provide primary eye care services. For example, according to Vision Monday, optometrists perform 88.0 million refractive eye exams each year, which has maintained steady demand for industry services. Furthermore, about 65.0% of the United States population requires vision correction products, thus spurring demand for comprehensive eye examinations, corrective eyewear and therapeutic eye care services (i.e. vision therapy, visual rehabilitation, surgical consultations and preventive care).
During the five years to 2015, industry revenue is anticipated to grow at an annualized rate of 1.3% to $14.9 billion, including a 1.0% rise in 2015... purchase to read more