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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Investment Chapter

The Optometrists industry exhibits a low level of capital intensity. In 2014, for every dollar spent on labor, the industry is expected to incur $0.09 in capital expenditures. Overall, labor costs are high due to the personalized nature of eye care services, with wages expected to make up 32.9% of industry revenue. Further exacerbating this trend, according to Vision Monday, optometrists administer about 88 million refractive eye exams each year, thus stimulating demand for optometrists to provide eye care. Nevertheless, optometrists can hire assistants to perform routine tasks (i.e... 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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