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Optometrists and Optometric Practices

SIC 8042 | NAICS 621320

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Optometrists  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


American Optometric Association
Information resources available from this organization include:

Caring For The Eyes of America: A Profile of the Optometric Profession
http://www.aoa.org/x21370.xml
Report provides insights into the current state of the optometric profession, with topics covered including ophthalmic market size and service provider market shares, consumer trends, eye care and eye wear costs, optical dispensing, third-party and managed care coverage, optometric income trends, new technologies, and more

Practicing Optometrists and Their Patients
http://www.aoa.org/x21378.xml
Annual survey provides descriptive statistical data regarding optometry practices, with data provided including practitioner characteristics, patient characteristics, number of patients, number and types of patient visits, and practitioner participation in third-party plans and managed care services. Executive summary can be viewed free online.


First Research

Optometrists
http://www.firstresearch.com
First Research profiles cover key aspects of an industry's size, scope, and operations, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast


U.S. Bureau of Labor Statistics
Occupational Outlook Handbook - Optometrists
http://www.bls.gov/optometrists.htm
Information provided for this occupational category includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online.



Financial Benchmarking Data


Industry Financial Ratios
Optometrists
http://www.bizminer.com  Search for "621320"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


American Optometric Association
Income From Optometry
http://www.aoa.org/x21387.xml
Annual income survey provides gross billings, practice expenses, and net income data for self-employed optometrists and optometrists employed by other professionals or organizations, with gross billings and net income data broken out by age, gender, years in practice, hours worked, employment status, and geographic location. Detailed description of report contents and executive summary can be viewed free online.

Jobson Medical Information LLC
Practice Performance Assessment
http://www.jobsonresearch.com/scripts/prodView.asp?idproduct=58
Practice performance analysis allows users to compare their financial and operating performance with other similar size independent optometric practices. Detailed table of contents and selected excerpts from prior reports can be viewed free online.



Compensation Surveys


Review of Optometry
Annual Income Survey
http://www.revoptom.com/category/d/income_survey/
Annual income survey provides gross revenue and net income data for self-employed optometrists and optometrists employed by other professionals or organizations, with survey data broken out by practice type, employment setting, and years in practice. Survey results can be viewed free online.

American Optometric Association
Information resources available from this organization include:

Income From Optometry
http://www.aoa.org/x21387.xml
Annual income survey provides gross billings, practice expenses, and net income data for self-employed optometrists and optometrists employed by other professionals or organizations, with gross billings and net income data broken out by age, gender, years in practice, hours worked, employment status, and geographic location. Detailed description of report contents and executive summary can be viewed free online.

Employment of Paraoptometrics
http://www.aoa.org/x21398.xml
Annual practice survey provides employment and compensation data by practice setting for non-optometrist staff employed by optometry practices, with positions covered including clinical, optical dispensing, and laboratory staff; coding and billing personnel; and office, administrative, and financial personnel. Detailed description of report contents and executive summary can be viewed free online.


U.S. Bureau of Labor Statistics
Occupational Outlook Handbook - Optometrists
http://www.bls.gov/optometrists.htm
Information provided for this occupational category includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online.



Business Valuation Resources


The Health Care Group
Goodwill Registry - Optometry
http://www.thehealthcaregroup.com/  Select "Products - Annual Surveys"
The Goodwill Registry compiles transaction data on the intangible values of medical, dental, and other health care practices. Each reported transaction includes location, purpose, gross income, overhead percentage, and goodwill value in both dollars and as a percentage of gross income. Individual specialty information is also available for purchase in the "Goodwill Registry Online by Specialty" section.

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