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Saturday, 25 September 2010
An Overview of the US Optical Market
Topic: Optical

ResearchandMarkets has compiled the following about the US retail optical market: The market, comprising some 13,000 optician stores, annually pulls in around $8 billion, while the 20,000 optometrists' offices have a slightly larger haul, $11 billion. There are three large opticians, Luxottica Retail (LensCrafters and Pearle Vision), Eye Care Centers of America, and US Vision.

"The optician segment of the industry is concentrated: the 50 largest chains hold about 60 percent of the market. The optometrist segment is highly fragmented," says the report.  "Demand is driven by demographics, fashion, and changing healthcare practices. Most important is the aging US population, which is increasing demand for eye exams and glasses....Eyeglass purchases are mildly cyclical with the economy, as many consumers view extra glasses as an expense that can be deferred. Both segments of the industry are labor-intensive: average annual revenue per employee is about $130,000 for opticians and about $100,000 for optometrists."


Posted by ct3/opticalceu at 7:00 AM EDT
Updated: Saturday, 25 September 2010 7:08 AM EDT
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