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U.S. Ophthalmic Goods Market. Analysis And Forecast to 2025

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Article Publishing Date: May 27, 2016

U.S. Ophthalmic Goods Market Is Attractive for Overseas Suppliers, but Substantial Import Growth Tends to Stabilize

The U.S. dominates in global imports of ophthalmic goods, accounting for a 17% share (based on USD). It was followed by China (8%), Japan (7%), and Germany (7%). In 2015, imports of ophthalmic goods in the U.S. totaled 5,194 million USD, which was 6 million USD (0.1%) below the previous year's value.

From 2007 to 2015, U.S. ophthalmic goods imports showed steady growth, with the exception of a slight decline in 2009. The robust growth of imports stabilized in 2015. There was an annual increase of +5.1% throughout the analysed period. In 2010, imports of ophthalmic goods in the U.S. surpassed their pre-recession level of 2008.

Despite fierce competition, the U.S. continues to be one of the most attractive destinations for overseas suppliers.

China was the main supplier of ophthalmic goods into the U.S., with a 55% share of total U.S. imports in 2015. It was followed by Italy at 19%, the UK at 6%, and Mexico and Germany at 4% each. Imports from China displayed a substantial +6.0% annual growth. However, the UK (+13.1% per year) and Germany (+8.1% per year) were the fastest growing suppliers from 2007 to 2015.

From 2007 to 2015, the U.S. was a net importer of ophthalmic goods. However, exports grew faster than imports on average over the period under review.

The U.S. trade deficit in this sector showed mixed dynamics. However, there was an overall upward trend, with the trade deficit growing from 1,455 million USD in 2007 to 1,719 billion USD in 2015. It increased most substantially from 2013 to 2015.

Source: IndexBox AI Platform

Product coverage:

Ophthalmic fronts, temples, and focal and contact lenses; Ophthalmic goods, other types, including prescription ground eyeglass lenses; Ophthalmic goods manufacturing, nsk, total


The report provides on an in-depth study of the U.S. ophthalmic good market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains existing data on the major players in the industry.


Countries coverage: the U.S.


Companies mentioned:

Bausch & Lomb Incorporated,

Johnson & Johnson Vision Care,

Essilor of America,

Oakley,

Coopervision,

Sperian Protection Usa,

Costa,

Younger Mfg. Co.,

Gentex Optics,

Hoya Corporation,

Staar Surgical Company,

The Cooper Companies,

Revision Military Ltd.,

Coburn Technologies,

Icare Industries,

Coopervision Caribbean Corp.,

New ERA Optical Company,

Wilmington Partners,

Viva International,

Essilor Laboratories of America,

Allan Baker,

Bushnell Holdings,

Spy Inc., Bushnell Group Holdings,

Wesley-Jessen Corporation (del),

Ocular Sciences Puerto Rico,

Coopervision,

Honeywell Safety Products Usa,

Lens Vision-Ease Corporation,

Ciba Vision Corporation,

Ciba Vision,

Bausch & Lomb Holdings Incorporated


Data coverage:

• Ophthalmic good market size;

• Ophthalmic good production, value of shipments;

• Key market players and their profiles;

• Exports, imports and trade balance;

• Import and export prices;

• Forecast of the market dynamics in the medium term;

• Key industry statistics;

• Life cycle of the ophthalmic good industry;

• Number of establishments and their locations;

• Employment data;

• Ophthalmic good industry productivity.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013-2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013-2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013-2018
Figure 5:
Trade Balance, In Physical Terms, 2013-2018
Figure 6:
Trade Balance, In Value Terms, 2013-2018
Figure 7:
Per Capita Consumption, 2013-2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018
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