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2025 U.S. Industry Statistics & Market Forecast - Ophthalmic Goods Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Ophthalmic Goods Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Ophthalmic Goods Manufacturing industry include:- Aging global population
- Increasing prevalence of eye-related disorders
- Technological advancements in eyewear and eye care products
- Growth in disposable incomes in developing countries
- Changes in fashion trends influencing eyewear designs
- Expansion of online retail platforms for ophthalmic goods
- Heightened awareness and accessibility of vision correction options
- Government regulations and standards impacting product manufacturing
- Integration of digital technology and AI in diagnostic and corrective tools
- Rising popularity of elective procedures and cosmetic enhancements
- Environmental concerns prompting sustainable and eco-friendly products
- Demand for personalized and customized eyewear solutions
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Ophthalmic Goods Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Ophthalmic Goods Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Ophthalmic Goods Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
|
| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 8% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Business and Financial Operations Occupations | 6% | |||
| Architecture and Engineering Occupations | 9% | |||
| Engineers | 7% | |||
| Office and Administrative Support Occupations | 10% | |||
| Production Occupations | 50% | |||
| Assemblers and Fabricators | 13% | |||
| Miscellaneous Assemblers and Fabricators | 12% | |||
| Metal Workers and Plastic Workers | 8% | |||
| Other Production Occupations | 24% | |||
| Dental and Ophthalmic Laboratory Technicians and Medical Appliance Technicians | 13% | |||
| Dental Laboratory Technicians | 9% | |||
Ophthalmic Goods Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Ophthalmic Goods Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Ophthalmic Goods Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Ophthalmic Goods Manufacturing industry. |
Source:
Latest Industry News
- Cataract Surgery Devices Market to Reach USD 10.97 Billion by 2030, Says Mordor Intelligence - According to a 2025 report on Cataract Surgery Devices Market by Mordor Intelligence, the global market is expected to grow from USD 8.90 billion in 2025 to USD 10. (06/26/2025)
- Lifecore Signs 10-Year Manufacturing Deal To Support Novel Ophthalmic ... - (RTTNews) - Lifecore Biomedical, Inc. (LFCR) has entered a 10-year commercial manufacturing and supply agreement with an existing partner to advance a new ophthalmic treatment through clinical ... (06/18/2025)
- Lifecore Biomedical Signs 10-Year Commercial Manufacturing Agreement to Advance Novel Ophthalmic Therapeutic - Nasdaq - Lifecore Biomedical, Inc. announced a new 10-year commercial manufacturing and supply agreement with one of its existing customers to support the development of a novel ophthalmic therapeutic. (06/17/2025)
- Lifecore signs 10-year manufacturing deal with key ophthalmic client - Company News Published 06/17/2025, 07:14 AM 0 Lifecore signs 10-year manufacturing deal with key ophthalmic client LFCR 2.24% (06/17/2025)
- Amneal Receives U.S. FDA Approval for Prednisolone Acetate Ophthalmic ... - Key complex product approval in the Affordable Medicines segment this yearCommercial launch planned for third quarter of 2025 BRIDGEWATER, N.J., June 12, 2025 (GLOBE NEWSWIRE) -- Amneal ... (06/12/2025)
- 5 pharma CDMO stocks to watch out for in 2025 - The Financial Express - The company will now invest Rs 6.50-7.0 bn in expanding its manufacturing capacity to support future growth and assured supply. Custom synthesis is a strategic area gaining momentum for the company. (06/11/2025)
- Citizens in New York and Across America Issued Warning Over Eye Drop Recall - The recall was issued voluntarily following an audit that discovered the manufacturing error that required the recall to be issued in the first place. (05/14/2025)
- Artificial Tears, Eye Care Products Recalled Over Potential ‘Health Hazard’ - Artificial tears, eye drops, and eye care products from AvKare were recalled after the FDA found manufacturing violations. Here’s a list of recalled products. (05/13/2025)
- Multiple Eye Care Products Recalled Due to Potential ‘Health Hazard’ - Eye care products, including artificial tears and drops, are being recalled by their distributor. The recall responds to deviations from good manufacturing practices discovered during a U.S. Food ... (05/13/2025)
- CGTN: Unboxing economic policy tools: What's behind China's latest CPC leadership meeting? - CGTN published an article on China's latest leadership meeting on the economic situation and work. Exploring the country's economic policy tools, the article highlights the strong resilience and potential of the Chinese economy. (04/26/2025)
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