Industry Perspectives

Industry Perspectives > Eyecare

Eyecare

Healthcare Services | Contributors: Stephen Scott, Russell Bryan, Richard Jacques

The eyecare industry is worth approximately $40 billion and includes ophthalmologists, optometrists, opticians, retailers, mass merchandisers, and corrective lens manufacturers / distributors. Given recent trends, such as growth in the aging U.S. population and advances in technology and surgical procedures, demand is rising for eyecare services. Further, due to factors such as high fragmentation and the industry’s combination of retail / medical models, investor appetite and M&A activity has quickly accelerated and is expected to continue.