Optometrists & Optometry Practices – Industry Analysis, Statistics, Trends, and Forecasts

See the following sections listed below to view available resources by category:

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Industry Analysis, Statistics, Trends, and Forecasts

• Market size and major product and service segments
• Key industry statistics, trends, and financial ratios
• Operating conditions and current performance
• Competitive landscape and environment
• Major company profiles and market shares
• Five-year outlook and growth forecasts

Jobson Medical Information LLC
Review of Optometry
https://www.reviewofoptometry.com/

Monthly publication features news and information for optometry professionals, with topics covered in each issue of the journal including practice management, clinical and patient care, new products, and technology updates, and special features including annual income surveys which provide data on practitioner income by gender, years of experience, employment status, and geographic region.

American Optometric Association
Publications available from this organization include:

Clinical Practice Survey
http://www.aoa.org/
Two-part survey provides information on clinical care and optical dispensing by optometrists, with the latter portion of the survey including information on new prescriptions, prescriptions filled elsewhere, number and types of frames on display, types of lenses and lens materials, and contact lens fittings,
materials, and inventory. Executive summary and detailed table of contents are available free online.

Survey of Optometric Practice: Practicing Optometrists & Their Patients
http://www.aoa.org/
Annual practice survey provides a detailed statistical profile of optometrist and patient characteristics and practitioners' participation in third party payer plans and managed care services, with statistical data broken out by optometrist employment status (e.g., solo owner, non-solo owner, employed, and independent contractor). Executive summary and detailed table of contents are available free online.

Technavio
Vision Care Market in the US
https://www.technavio.com/

Market research report provides a detailed analysis of the U.S. market for vision care products, with data provided in the report including market size and forecast by product type (e.g., contact lenses, prescription lenses, eyeglass frames, and non-prescription sunglasses), and major product vendors discussed in the report including Alcon, Bausch & Lomb, Essilor International, Hoya, and Luxottica.

BizMiner
Market Analysis
https://www.bizminer.com

Market analysis report provides industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

Financial Statements and Financial Ratios

Industry Financial Ratios
Optometrists
https://www.bizminer.com  Search for "621320"

• Income and expenses in dollars and percentages
• Balance sheets in dollars and percentages
• Profitability and return on investment ratios
• Liquidity and working capital ratios
• Asset turnover and efficiency ratios
• Capital structure and debt service ratios

American Optometric Association
Survey of Optometric Practice: Income From Optometry
http://www.aoa.org/

Annual income survey provides gross billings and net income data for optometrists, with survey data presented by practice type (e.g., solo, nonsolo), ownership status, age, gender, years of experience, hours worked, employment status (e.g., self-employed, employee, and independent contractor), and and geographic location. Executive summary and detailed table of contents are available free online.

Jobson Medical Information LLC
MBA Practice Performance Assessment
https://jobsonresearch.com/

Custom performance assessment report allows users to compare their firm's financial performance with other similar-size practices based on annual gross revenue, with topics addressed in the report including gross revenue and productivity measures, key measures by practice type and community size, fees and production, dispensary and contact lens revenue, and practice income and expenses.

Compensation and Salary Surveys

Review of Optometry
Income Survey
https://www.reviewofoptometry.com/

Annual income survey provides compensation data for optometrists by employment status (e.g., self- employed, employee, and independent contractor), practice setting (e.g., solo, group or partnership), employer type (e.g., other OD or MD, commercial firm, academic institution, hospital/VA center, and HMO/PPO), gender, years of experience, and geographic region. Surveys are available free online.

American Optometric Association
Publications available from this organization include:

Survey of Optometric Practice: Income From Optometry
http://www.aoa.org/
Annual income survey provides gross billings and net income data for optometrists, with survey data presented by practice type (e.g., solo, nonsolo), ownership status, age, gender, years of experience, hours worked, employment status (e.g., self-employed, employee, and independent contractor), and and geographic location. Executive summary and detailed table of contents are available free online.

Survey of Optometric Practice: Employment of Optometric Staff
http://www.aoa.org/
Annual employment survey provides compensation data by practice setting for non-optometrist staff, with positions covered in the survey including clinical staff, optical dispensing staff, optical laboratory staff, financial coordinator, coding and billing personnel, office manager, and secretarial or reception personnel. Executive summary which includes hourly wage data for each position is available online.

Business Valuation Resources

BVMarketData

www.bvresources.com

Private company sales transaction data for over 800 industries.

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