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Vision Insurance - Industry Market Research Report

  • October 2016
  • -
  • Ibisworld
  • -
  • 33 pages

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Clear vision: Rising employment and health expenditure will bolster industry growth



Abstract

Vision Insurance

Consistent premium price increases have led to moderate revenue growth for the Vision Insurance industry in recent years. Additionally, regulatory changes and the aging domestic population have also benefited the industry. In the next five years, revenue is forecast to rise as a result of the PPACA and continued improving macroeconomic variables. However, consolidation trends are anticipated to persist, while profit margins are expected to fall.

This industry includes companies that provide coverage for routine eye exams and other procedures, as well as discounted pricing for eyeglasses and contact lens purchases. Vision insurance is often a rider policy linked to regular health insurance.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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