First Research Canadian Industry Profile

Companies in this industry perform routine eye exams, write prescriptions for corrective lenses, and treat many eye conditions. Optometrists often do business in conjunction with opticians, who sell prescription and other eyeglasses and contact lenses. Canada has about 4,600 optometrists’ offices. No major companies dominate the industry. Overall, Canadians spend about $4.8 billion on vision care services per year.

Changing health care practices and coverage, demographics, and fashion trends drive demand. As the Canadian population ages, the incidence of certain eye ... plus: