Industry Analysis & Industry Trends
Over the past five years, the Eye Glasses and Contact Lens Stores industry has benefited from favourable population demographics. For example, the burgeoning elderly population has boosted the number of optometrist visits to address age-related eyesight issues, such as cataracts and glaucoma. As a result of this trend, more individuals have been conscious of changes to their eyesight prescriptions, thus prompting consumer demand for prescription eyewear. In the coming years, the industry will continue to experience revenue growth, thanks to the burgeoning elderly population's bolstering the prevalence of age-related eye issues... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, the Eye Glasses and Contact Lens Stores industry has benefited from the burgeoning elderly population. For example, the rise in age-related eye ailments has spurred the number of individuals that require glasses and contact lenses. In addition, as more individuals have required screenings for eye diseases due to having a chronic illness, such as diabetes, the number of patient visits to the Optometrists industry (IBISWorld report 62132CA) has increased.
As a result of optometrists having more patients, more individuals have been wary of changes in their eyewear prescriptions, boosting demand for industry products... purchase to read more