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Optometrists in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Optometrists Market Research Report | NAICS 62132 | Oct 2014

Looking good: Healthcare reform and an aging population will keep growth strong

IBISWorld’s Optometrists market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 09-14
1.6%
Annual Growth 14-19
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Profit
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Employment
130,603
Businesses
34,040
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 Key Buyers Chapter

The Optometrists industry is highly fragmented, with no players accounting for a significant share of the industry. IBISWorld estimates that the top four companies in the industry account for less than 2.0% of total industry revenue. As such, this industry has a low concentration. This fragmented nature can be attributed to the fact that the industry is dominated by small players; there are about 33,509 companies that operate in the United States today, of which an estimated 39.0% are private practices without any hired employees. Among those enterprises that have employees, an estimated 85.0% of practices have fewer than 10 employees... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Optometrists Industry?

This industry includes practitioners that have a Doctor of Optometry (OD) degree. ODs examine, diagnose, treat and manage diseases, injuries and disorders of the eye and associated structures. Operators may also prescribe and sell eyeglasses and contact lenses. These practitioners operate private or group practices in their own offices or in facilities like hospitals. The industry does not include ophthalmologists (i.e. medical doctors who are also trained to perform eye surgery).

Industry Products
Eye examsEyewear salesContact lenses sales
 
Industry Activities
Conduct eye examinationsDiagnose, manage and treat disorders of the eye and surrounding structuresPrescribe and sell eyeglasses and contact lenses


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