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While all categories in all regions grew at a rate of about 20 index points, the Midwest experienced the largest increases with gross revenue up 25 index points and exams/refractions adding 26 index points. The Northeast and the West also grew but by a slightly lower rate of index points in the high teens. The Northeast still lags behind the rest of the country overall. All categories in the South also increased by a rate of about 20 index points (except contact lenses, which grew by 17 index points).
*The index baseline was developed by Jobson Research from total sales from an average seven days in the first quarter of 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 3,500 independent eye care practices.
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