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.
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“U.S. Ophthalmic Goods Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. ophthalmic goods 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 relevant data on the major players in the industry.
Countries coverage: the U.S.
- Market size;
- Domestic 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 industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Ophthalmic fronts, temples, and focal and contact lenses; Ophthalmic goods, other types, including prescription ground eyeglass lenses; Ophthalmic goods manufacturing, nsk, total
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
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TABLE OF CONTENTS
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY TYPE
4.3 PRODUCTION BY STATE
4.4 PRODUCER PRICES
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES