||July 17, 2017 - July 19, 2017
||9:00 AM - 5:00 AM
||Chicago, IL, United States of America
||Conference / Meeting
WORLD CONGRESS AND EXPO ON OPTOMETRY AND VISION SCIENCE
World Optometry and Vision Science is a broad and vibrant field that consists of multiple disciplines of basic, clinic and applied research. It covers array of research fields in optometry, biology, physics, physiology, psychology, engineering, healthcare, ophthalmology, cognitive and behavioural neuroscience, etc. The need for new knowledge and up-to-date skills in the vision science is great, and opportunities of teaching and research in academic, clinic, and industrial settings are blooming.
The Optometrists industry has exhibited growth over the past five years. The elderly population's strong demand for cohesive eye exams has caused optometry services to expand, therefore including the monitoring of diabetes-related ocular complications, ocular infections, dry eye, glaucoma and ocular allergy treatments. While intensifying competition from optical retailers, such as online retailers, has cut into the industry's ancillary product sales (i.e. prescription eyewear), medical care services have still provided a boon to the industry. According to Vision Monday, optometrists perform 88.0 million refractive eye exams each year, which has maintained steady demand for industry services. Furthermore, about 65.0% of the world population requires vision correction products, thus spurring demand for comprehensive eye examinations; corrective eyewear and therapeutic eyecare services (i.e. vision therapy, visual rehabilitation, surgical consultations and preventive care). Differentiated patient relationships, service quality, earlier technology adoption, and clinical/product knowledge enable strong independent market share position.
Potential refractive surgery market size of 10+ million individuals expected to grow 2.6% annually to $2.1 billion by 2018.Corrective eye surgery (i.e. LASIK) is removing 500K patients annually from the 150 million vision correction population. Surgery volume to increase as quality improves and price continues to decrease (19 million LASIK surgeries through 2012).Growing popularity of corrective eye surgery would lead to higher patient pre/post-operative care volume for optometrists. Optometrists currently seeking to expand scope of service to include vision correction surgery. Vision insurance plan reimbursements totaled 67% of OD revenue in 2011, with 80% of patients covered by a managed vision care plan. Accelerating demand for medical eye care services over 65 age group will grow 36.2% from 40.2 million in 2010 to 54.8 million in 2020.The vision care industry all together has boomed by around 35% for the past 10 years I.e. 2007-2017 and is comprised of a select set of national and regional chains and a large number of independent providers.
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Chicago, IL, United States of America 60602