Sight for sore eyes: Rising private health insurance coverage helps support industry revenue

IBISWorld’s Eye Surgery Clinics market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Analysis & Industry Trends

The Eye Surgery Clinics industry has expanded steadily over the past five years. Eye surgeons, also known as ophthalmologists, are medical professionals who specialise in diagnosing and treating eye conditions. Industry revenue growth has been assisted by rising demand from Australia's ageing population and a competitive private health insurance sector. Industry revenue is forecast to grow by an annualised 3.1% over the five years through 2016-17, to total $1.3 billion. In the current year, industry revenue is expected to rise by 3.2% as the increasing discretionary income of older Australians supports greater demand for industry services. Changing lifestyle preferences have also boosted demand for corrective eye surgery over the past five years...

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What is the Eye Surgery Clinics industry?

The distribution of eye surgery clinics across Australia largely correlates with the distribution of the Australian population. The distribution indicates that eye surgery clinics need a large potential client base to be commercially viable. The result is that New South Wales is slightly overrepresented, accounting for 34.0% of Australia's eye surgery clinics despite taking up only 32.0% of the population. Sydney's large population provides eye surgery clinics with a substantial volume of potential clients, resulting in many clinics setting up within the city. Queensland is the only other state which is overrepresented in the industry.

Australia's next largest state, Victoria, is slightly underrepresented despite its large population centre, Melbourne. Vic...

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Products & Brands

Major products in this industry
LASIK surgery
ASLA, PRK and LASEK surgery
Other procedures
Cataract surgery

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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