2025 Optometrists Industry Report

Industry Overview

This industry comprises establishments of health practitioners having the degree of O.D. (Doctor of Optometry) primarily engaged in the independent practice of optometry. These practitioners examine, diagnose, treat, and manage diseases and disorders of the visual system, the eye, and associated structures as well as diagnose related systemic conditions. Offices of optometrists prescribe and/or provide eyeglasses, contact lenses, low vision aids, and vision therapy. They operate private or group practices in their own offices (e.g., centers, clinics) or in the facilities of others, such as hospitals or HMO medical centers, and may also provide the same services as opticians, such as selling and fitting prescription eyeglasses and contact lenses.
Source: U.S. Census Bureau

Market Size and Industry Forecast

The Optometrists industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Optometrists industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Optometrists companies in the United States.

Distribution by Company Size

Company Size	All Industries	Optometrists
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Optometrists Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Optometrists Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Patient care
Resale of merchandise
Resale - optical goods
Rental or lease of goods and/or equipment
All other operating receipts
Rental or lease - medical equipment
Resale - all other merchandise
Rental or lease - all other goods and/or equipment
Resale - pharmaceuticals

Optometrists Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	1%
General and Operations Managers	0%
Healthcare Practitioners and Technical Occupations	51%
Health Diagnosing and Treating Practitioners	17%
Optometrists	16%
Optometrists	16%
Health Technologists and Technicians	33%
Health Practitioner Support Technologists and Technicians	10%
Ophthalmic Medical Technicians	10%
Opticians, Dispensing	22%
Opticians, Dispensing	22%
Healthcare Support Occupations	10%
Other Healthcare Support Occupations	10%
Miscellaneous Healthcare Support Occupations	10%
Medical Assistants	9%
Office and Administrative Support Occupations	33%
Information and Record Clerks	11%
Receptionists and Information Clerks	10%
Receptionists and Information Clerks	10%
Secretaries and Administrative Assistants	10%
Secretaries and Administrative Assistants	10%
Medical Secretaries	8%
Other Office and Administrative Support Workers	5%

Government Contracts

The federal government spent an annual total of $8,287,375 on the optometrists industry. It has awarded 319 contracts to 57 companies, with an average value of $145,393 per company.

Top Companies in Optometrists and Adjacent Industries

Company	Address	Revenue ($ Millions)