Jobson Optical Research is tracking national and regional optical business metrics for the U.S.*This index baseline was developed by Jobson Research from total sales from an average week in 2019. |
– |
This tracker measures sales trends comparing pre-pandemic, during the pandemic, and post-pandemic.We selected 1,500 optical locations that have been operating and reporting their sales to our partners, GPN and ABB Analyze, since 2019. We re-based the index to an average week in 2019. This new index base will be used as an arbitrary benchmark and assigned a value of 100. |
– |
GROSS REVENUE TREND |
The national average for gross revenue at ECP locations increased last week (June 24th – June 30th) when compared with the previous week at a rate of 2 index points. That places gross revenue at a level 14 index points above where it was at this point in time (Week 26) when compared with last year (2023), 18 points above the same period in 2022, 25 points above 2021, 21 points above 2020, and 27 points above 2019. |
– |
– |
BUSINESS METRICS |
All optical sales categories were up last week when compared with the previous week, at rates of 2 index points (gross revenue), 2 index points (exams/refractions), 2 index points (frame units), 5 index points (lens pairs), and 1 index point (contact lenses). When comparing last week’s optical sales with the same period last year, all the categories were up with the exception of exams/refractions which remained flat. The other categories increased by 14 index points for gross revenue, 2 points for frame units, 4 points for lens pairs, and 9 points for contact lenses. |
– |
SNAPSHOT |
With all optical sales categories increasing last week, three of the categories reached a level above an average week in 2019 (the index baseline assigned a value of 100 for this Optical Business Tracker). These ranged from a high of 129 index points for gross revenue to a low of 97 index points for exams/refractions. The other three categories reached 99 index points for frame units, 101 index points for lens pairs, and 101 index points for contact lenses. |
– |
*The index baseline was developed by Jobson Research from total sales from an average week in 2019. This index baseline is equivalent to a score of 100. All other time periods going forward are calculated as a percent increase or decrease from the 100 baseline index of that period. This index is intended to show directional and magnitudinal change that the market is experiencing. Actual index scores are arbitrary meaning the baseline of 100 is simply used as a benchmark. Jobson Research shall not be held liable for any use or misuse of the data described and/or contained herein.Please note that practices that use practice analytic systems tend to skew a bit larger and have higher revenue than practices that do not.Source: GPN/EDGEPro and ABB Analyze contributed anonymous sales data used to determine gross revenue, exams/refractions, frame units, lens pairs, and contact lens boxes. Data was collected from approximately 1,500 independent eye care practices.For more information from Jobson Research contact [email protected],you may also reach out to GPN/EDGEPro and ABB Analyze directly. |