The UK Ophthalmic Goods and Services Market Was Worth an Estimated GBP 2.74bn in...

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Wed Jul 23, 2008 9:44am EDT

The UK Ophthalmic Goods and Services Market Was Worth an Estimated GBP 2.74bn in 2007

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/56f113/ophthalmic_goods)
has announced the addition of the "Ophthalmic Goods & Services Market
Report 2008" report to their offering.

   The UK ophthalmic goods and services market maintained growth over
the review period and was worth an estimated GBP 2.74bn in 2007, a
rise of 18.3% from a value of GBP 2.32bn in 2003.

   Ophthalmic goods comprise the largest sector of the market, with
spectacles dominating sales. A trend in preference for designer frames
has greatly boosted excitement in the sector, and consumers using NHS
vouchers in part-payment for spectacles also raised their average
spend in 2006/2007, according to data from the Federation of
Ophthalmic and Dispensing Opticians (FODO). The market is fiercely
competitive in terms of promotions and discounted second pairs;
therefore, strong volume sales have sustained healthy value rises,
despite a fall in the average price of a pair of spectacles.

   Contact lenses have also made strong gains in the ophthalmic goods
sector and have risen in value by 19.4% since 2003 to an estimated GBP
430m. Strong growth was seen particularly in 2007, when new materials
and developments in the manufacturing of soft disposable lenses have
enabled more users to wear them in comfort. Uptake is still
increasing, and fewer wearers are giving up and returning to
spectacles. Many more women than men wear contact lenses, and one of
the industry's challenges must be to encourage more men (as well as
more people in general) to wear lenses.

   Key Topics Covered:

   Executive Summary

   1. Market Definition

   2. Market Size

   3. Industry Background

   4. Competitor Analysis

   5. Strengths, Weaknesses, Opportunities and Threats

   6. Buying Behaviour

   7. Current Issues

   8. The Global Market

   9. Forecasts

   10. Company Profiles

   11. Further Sources

   Companies Mentioned:

   Boots Opticians Ltd

   Dcm (optical Holdings) Ltd

   Dollond & Aitchison ltd

   Specsavers Optical Superstores Ltd

   Vision Express (uk) Ltd

   For more information visit
http://www.researchandmarkets.com/research/56f113/ophthalmic_goods

Research and Markets
Laura Wood, Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com

Copyright Business Wire 2008
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