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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 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
1.6%
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 SWOT Analysis Chapter

The Optometrists industry has been around for centuries and is currently in the mature stage of is economic life cycle. Over the 10 years to 2020, industry value added, which measures the industry's contribution to the economy, is expected to increase at an annualized rate of 1.6%. This expansion indicates that the industry will grow slower than the overall US economy; GDP is projected to rise 2.5% annually on average over the same period.

Thanks to the burgeoning elderly population, which has a high prevalence of age-related eye ailments (such as macular degeneration), demand for eye exams and corrective eyewear products will increase over the ten-year period... 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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