Jan. 29, 2013
/PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
The US Eyecare Industry Outlook to 2017 - Lenses Segment Continues to Maintain its Dominance
The report titled "The US Eyecare Industry Outlook to 2017 – Lenses Segment Continues to Maintain its Dominance" provides a comprehensive analysis of the various aspects such as market size of the US eyecare market along with the overview of the market segments such as frames, lenses, contact lenses, OTC readers, eye examinations and refractive surgeries. The report also covers the market share of the leading players in the lenses, contact lenses and sunglasses segment along with the market share of the major eyecare retailers in the US.
The US eyecare is a highly competitive and diverse market valued at USD ~ million in 2012, thus growing at a CAGR of 3.4% during the period 2006-2012. The US eyecare industry is structured in various forms of business models such as independent optical stores, big chain retailers, mass-merchandisers, big box-stores and ophthalmic medical practices.
The revenue of the US eyecare market displayed a strong resistance to the recessionary period and kept a decent pace of growth. The eyecare market in the country generated revenue worth of USD ~ million in 2006. It was observed that in 2008, the market recorded substantial growth of 13.1% over the previous year and generated revenue worth USD ~million during the year.
The general drivers of the eyecare market were the constant technological advancements in its segments as well as the price rise of ophthalmic products. The lenses segment contributed ~% to the overall revenue of the eyecare market in 2008 which increased to 30.0% in 2012. The frames segment of the US eyecare market grew at a stable pace of 1.3% from USD ~ million in 2006 to USD ~ million in 2012.