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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 | Nov 2015

Looking good: Healthcare reform and an aging population will keep industry 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
$15bn
Annual Growth 10-15
1.3%
Annual Growth 15-20
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Profit
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Employment
132,563
Businesses
33,035
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

 


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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