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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 | Apr 2015

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

IBISWorld’s Optometrists market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 10-15
1.6%
Annual Growth 15-20
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Profit
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Employment
131,886
Businesses
33,013
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 Products Chapter

According to a 2013 State of the Optometric Profession report (latest data available) by Jobson Medical Information LLC and AOA Excel, optometrists provide an estimated 88 million refractive eye exams each year. Furthermore, optometrists administer 84.6% of total refractive exams performed by all eye care professionals in the United States, as well as 85.0% of all comprehensive exams and 90.0% of all prescribed vision correction devices.

Prescription eyewear

Prescription eyewear is anticipated to comprise 43.0% of industry revenue. According to the Optometric Profession report, opticians dispense an estimated 32.0% of total eyeglasses sold, with about 26.5 million eyeglasses sold by optometrists each year... 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
Medical eye careEye examsPrescription eyewearContact lenses
 
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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