Eye Surgery Clinics in Australia - Market Research Report

Eye Surgery Clinics industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.0%

The Eye Surgery Clinics industry has expanded steadily over the past five years. Eye surgeons, also known as ophthalmologists, are medical professionals that specialise in diagnosing and treating eye conditions. Rising demand from Australia's ageing population and a competitive private health insurance sector have supported the industry over the past five years. Industry revenue is expected to increase at an annualised 2.0% over the five years through 2018-19, to total $1.2 billion. This includes anticipated growth of 2.4% in the current year, as the growing age of the population supports greater demand for industry services. Changing lifestyle preferences have also boosted demand for corrective eye surgery over the past five years. Clinical surgerie...
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Eye Surgery Clinics industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Demand for the Eye Surgery Clinics industry is forecast to increase over the next five years as the Australian population continues to age. Real household discretionary income is anticipated to grow, improving accessibility to eye surgery clinics. The price of eye surgery procedures is expected to remain steady due to price competition among eye surgery clinics. Profitability is anticipated to rise as technological innovations reduce the difficulty of performing eye surgery and increase industry productivity. Medicare is anticipated to continue subsidising eye surgery for the elderly over the next five years, while private health insurance is likely to become an increasingly important source of industry revenue. Industry revenue is forecast to grow a...
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Eye Surgery Clinics industry statistics

  • attach_money Market Size: $1bn
  • business Number of Businesses: 466
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,998

Biggest companies in the Eye Surgery Clinics industry

The companies holding the largest market share in the Eye Surgery Clinics in Australia industry include Vision Eye Institute Limited.

  • pie_chart Vision Eye Institute Limited Market Share: x.x%
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What is Eye Surgery Clinics industry?

Industry Definition

Industry firms primarily conduct eye surgery. This includes laser eye surgery and other procedures for both treatment and enhancement purposes.

Industry Products and Services

  • LASIK surgery
  • ASLA, PRK and LASEK surgery
  • Other procedures
  • Cataract surgery
  • All Others

Industry Activities

  • Cataract removal
  • Corrective eye surgery
  • Other eye surgery

Market research report - table of contents

Industry Definition

Industry firms primarily conduct eye surgery. This includes laser eye surgery and other procedures for both treatment and enhancement purposes.

Main Activities

  • Cataract removal
  • Corrective eye surgery
  • Other eye surgery

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The incidence of eye disease increases with age. As a result, elderly people require more attention from eye surgeons than younger individuals. Therefore,...
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Median age of the population
Private health insurance membership
Consumer sentiment index
Real household discretionary income

Current Performance

Consumer trends
Private health
Participation and profit
 Chart: Revenue Growth

Industry Outlook

Consumer trends
Participation and wages
Medicare and profitability
 Table: Eye Surgery Clinics in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Eye Surgery Clinics in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Health Insurance in Australia
Central Government Administration in Australia
General Practice Medical Services in Australia
Optometry and Optical Dispensing in Australia
Consumers


Key Selling Industries

Medical and Surgical Equipment Manufacturing in Australia
Commercial Cleaning Services in Australia
Pharmaceuticals Wholesaling in Australia
Cosmetics and Toiletry Wholesaling in Australia



Products & Services

Most services operators in the Eye Surgery Clinics industry perform involve laser surgery. Laser technology enables greater precision and safety in conduc...
People aged 45 to 64
People aged 65 and over
People aged 24 and under



Demand Determinants

Demand for industry services is largely determined by the number of treatable eye problems across the population and the ability and willingness of patien...
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Major Markets

People aged 45 to 64
People aged 65 and over
People aged 24 and under




 Chart: Major Market Segmentation for the Eye Surgery Clinics in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Eye Surgery Clinics industry exhibits low market share concentration. The top four players, Vision Eye Institute, Laser Sight Centres, Mark Medownick ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Eye Surgery Clinics in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Eye Surgery Clinics in Australia - Market Research Report Industry

Industry Globalization

Vision Eye Institute Limited (VEI) was delisted from the ASX in December 2015 following its acquisition by Jangho Health Care Australia Pty Ltd, which is ...
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Vision Eye Institute

 Table: Vision Eye Institute - financial performance

Capital Intensity

The Eye Surgery Clinics industry exhibits a moderate level of capital intensity. IBISWorld estimates that for every dollar spent on capital costs, $6.74 i...
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 Chart: Level of Capital Intensity for the Eye Surgery Clinics in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Eye Surgery Clinics in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

ADVANCED SURFACE LASER ABLATION (ASLA)

CORNEA

LASER-ASSISTED IN SITU KERATOMILEUSIS (LASIK)

LENS

RETINA

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Eye Surgery Clinics industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Eye Surgery Clinics in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Eye Surgery Clinics in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Eye Surgery Clinics in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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