Industry Analysis & Industry Trends
The past five years have been foggy for the Eye Surgery Clinics industry. Industry operators felt the pinch of the recession as industry performance is closely tied to general economic activity. However, the industry is poised for growth over the five years to 2020. Higher projected household incomes and an improved sense of financial stability will encourage consumers to loosen their purse strings and spend on services that they put off during the recession, including corrective surgery.... purchase to read more
Industry Report - Starting a New Business Chapter
The Eye Surgery Clinics industry has high barriers to entry. Typically, regulation as well as high industry competition and technology change deters potential industry entrants from entering the market. Additionally, eye surgery clinics require lasers, which can range from $300,000 to $500,000. Due to high purchase costs, many potential industry entrants may not enter the industry, due to not having the capital outlay required to enter the market.
Government policy is another barrier for new entrants. Essentially, eye surgery procedures and devices are subject to the federal Food, Drug and Cosmetic Act and the Safe Medical Devices Act of 1990, which are contained in the final procedural regulations in Title 21 Code of Federal Regulations Part 800-1200 (21 CFR Parts 800-1299)... purchase to read more