Industry Analysis & Industry Trends
The number of adults aged 65 and older increased over the five years to 2013, far outpacing population growth. As the population aged, aged-related vision diseases became more prevalent in the population. In particular, more Canadians suffered from age-related macular degeneration, glaucoma, cataracts and other vision diseases. Although Canada has a robust, publicly funded healthcare system, vision care is primarily privately funded. As such, household income levels are an important demand driver for vision care services. As disposable incomes and the median age of the population increase, demand for industry services will continue to rise... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of establishments closely follows the spread of the population. Optometrist offices provide services to the general public. Optometrists often establish offices where they are confident they will receive customers. These locations are often more densely populated areas like cities.
Ontario has the largest share of industry establishments and it is the largest province by population. This region is home to Canada's largest city, Toronto, also its largest market for health services like optometry.
Quebec, British Columbia and Alberta each has about the same share of industry establishments and account for the second-, third-, and fourth-largest populations in Canada. However, Quebec's population is about double that of Alberta... purchase to read more