Ophthalmic Goods Manufacturing - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing ophthalmic goods. Examples of products made by these establishments are prescription eyeglasses (except grinding lenses in a retail setting), contact lenses, sunglasses, eyeglass frames, reading glasses made to standard powers, and protective eyewear. Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
Ophthalmic Goods Manufacturing Market Size
This report includes historical and forecasted market sizes and industry trends for Ophthalmic Goods Manufacturing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Ophthalmic Goods Manufacturing industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Ophthalmic Goods Manufacturing industry.
Geographic Breakdown by U.S. State
Ophthalmic Goods Manufacturing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Ophthalmic Goods Manufacturing companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Ophthalmic Goods Manufacturing |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Ophthalmic Goods Manufacturing company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| Operating Revenue | ||
| Cost of Goods Sold (COGS) | ||
| Gross Profit | ||
| Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| Earnings Before Interest and Taxes (EBIT) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Ophthalmic Goods Manufacturing industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|
|---|---|---|---|
Ophthalmic goods manufacturing |
Included |
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Ophthalmic fronts, temples, and focal and contact lenses |
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Ophthalmic fronts, plastics, finished |
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Ophthalmic fronts, other materials, finished |
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Ophthalmic temples |
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Ophthalmic focal lenses, glass, single-vision |
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Ophthalmic focal lenses, glass, multifocal |
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Ophthalmic focal lenses, plastics, single-vision |
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Ophthalmic focal lenses, plastics, multifocal |
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Ophthalmic focal lenses, contact, hard (conventional) |
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Compensation and Salary Surveys
Salary information for employees working in the Ophthalmic Goods Manufacturing industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 7% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Architecture and Engineering Occupations | 8% | |||
| Engineers | 6% | |||
| Office and Administrative Support Occupations | 13% | |||
| Production Occupations | 52% | |||
| Assemblers and Fabricators | 14% | |||
| Miscellaneous Assemblers and Fabricators | 11% | |||
| Assemblers and Fabricators, All Other, Including Team Assemblers | 11% | |||
| Metal Workers and Plastic Workers | 10% | |||
| Other Production Occupations | 23% | |||
| Medical, Dental, and Ophthalmic Laboratory Technicians | 15% | |||
| Dental Laboratory Technicians | 9% | |||
Government Contracts
The federal government spent an annual total of $38,320,724 on the Ophthalmic Goods Manufacturing industry. It has awarded 894 contracts to 151 companies, with an average value of $253,780 per company.Top Companies in Ophthalmic Goods Manufacturing and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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