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Optometrists in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Optometrists in Canada Market Research Report | NAICS 62132CA | Nov 2013

Perfect vision: the aging population and increased disposable income will drive demand for industry services

IBISWorld’s Optometrists market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
2.3%
Annual Growth 13-18
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Profit
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Employment
13,711
Businesses
2,578
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 Key Buyers Chapter

The Optometrists industry is highly fragmented, with no players accounting for a significant share of industry revenue. IBISWorld estimates that the top four companies in the industry account for less than 5.0% of total revenue. As such, this industry has a low level of concentration. The fragmented nature of the industry can be attributed to the fact that the industry is dominated by small players, with a majority of optometrists working in private practices... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Optometrists Industry?

This industry is primarily engaged in the private or group practice of optometry. Optometrists provide eye examinations to determine visual acuity or the presence of vision problems and to prescribe eyeglasses, contact lenses and eye exercises. They can also perform services provided by an optician, such as selling and fitting prescription eyeglasses and contact lenses.

Industry Products
Sales of prescription glassesSale of contact lensesEye examsMedical eye care
 
Industry Activities
Conducting eye examinationsDiagnosing and treating vision impairment and eye disordersPrescribing, fitting and selling glasses and contact lenses


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