Offices of Optometrists Industry in the United States - Market Report
KENTLEY INDUSTRY INSIGHTS MARKET REPORT
This Market Report is an in-depth evaluation of the Offices of Optometrists Industry in the United States. Kentley Insights’ Market Reports are based on billions of data points created from millions of annual comprehensive business surveys. Used for a range of strategic purposes, from due diligence to streamlining to forecasting to evaluating new opportunities, Kentley Market Reports deliver the fact base and insights needed to make better informed decisions. The report has rich benchmarks, trend analysis, and ratios covering industry sales, growth, firms, employment, payroll, OPEX, financial ratios, profitability, state stats, firm size data, productivity, and much more.
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 provide eye examinations to determine visual acuity or the presence of vision problems and to prescribe eyeglasses, contact lenses, and eye exercises. 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 service as opticians, such as selling and fitting prescription eyeglasses and contact lenses.
SELECT STATS IN THIS MARKET REPORT
The Offices of Optometrists Industry in the United States…
INDUSTRY SIZE & ATTRACTIVENESS
In 2010, industry sales were $12 billion
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In 2009, the average revenue per employee was $114,735
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77% of firms are profitable
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0.9% of revenues are spent on advertising
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SALARY BY STATE BENCHMARKING
California averages $32,939 in compensation per employee
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GEOGRAPHIC EXPANSION ASSESSMENT
State Population per Employee
1 out of 4,731 people in New York work in the industry
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FINANCIAL RATIO BENCHMARKS
The Asset Turnover of the industry is 0.3
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There are 19,995 companies in the industry
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SALARY TRENDS BY SIZE OF FIRM
In 2009, average compensation per employee was $34,827