Optometry and Optical Dispensing in Australia - IBISWorld Industry Market Research

Optometry and Optical Dispensing in Australia

Optometry and Optical Dispensing in Australia - IBISWorld Industry Market Research
Optometry and Optical Dispensing in Australia
Published Dec 11, 2012
32 pages — Published Dec 11, 2012
Price US$ 970.00  |  Buy this Report Now

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The ageing population will be a key factor promoting growth in the industry. As adults age, they are more likely to develop conditions that are diagnosed or treated by optometrists and result in the use of visual aids. According to the Optometrists Association of Australia, over 480,000 Australians are visually impaired and over half of visual impairment in Australia is due to refractive error, which is easily corrected.

While the nature of this industry's services means that there will always be a steady demand, competitive pressures are expected to soften revenue growth.

The Optometry and Optical Dispensing industry consists of establishments with registered optometrists mainly engaged in testing eyesight, diagnosing sight defects and prescribing or dispensing spectacles or contact lenses. It also includes establishments with optical dispensers, mainly engaged in dispensing spectacles or contact lenses, and registered orthoptists mainly engaged in diagnosing and treating ocular muscle disorders.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Optometry and Optical Dispensing in Australia" Dec 11, 2012. Alacra Store. Apr 19, 2018. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Optometry-and-Optical-Dispensing-in-Australia-2042-1681>
IBISWorld Industry Market Research. (2012). Optometry and Optical Dispensing in Australia Dec 11, 2012. New York, NY: Alacra Store. Retrieved Apr 19, 2018 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Optometry-and-Optical-Dispensing-in-Australia-2042-1681>
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