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. |
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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. |
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GROSS REVENUE TREND |
The national average for gross revenue at ECP locations decreased last week (August 19th – August 25th) when compared with the previous week at a rate of -1 index point. That places gross revenue at a level 19 index points above where it was at this point in time (Week 34) when compared with last year (2023), 19 points above the same period in 2022, 29 points above 2021, 23 points above 2020, and 28 points above 2019. |
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BUSINESS METRICS |
All optical sales categories were down last week when compared with the previous week, at rates of -1 index point for gross revenue, exams/refractions, and lens pairs, -4 index points (frame units), and -8 index points (contact lenses). When comparing last week’s optical sales with the same period last year, all the categories were up, ranging from the largest increase of 19 index points for gross revenue, to the smallest increase of 5 index points for frame units. The other categories increased by 12 index points for exams/refractions, 9 index points for lens pairs, and 9 index points for contact lenses. |
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SNAPSHOT |
With all optical sales categories decreasing last week, all five of the categories still 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 135 index points for gross revenue to a low of 102 index points for frame units. The other three categories reached 113 index points for exams/refractions, 107 index points for lens pairs, and 104 index points for contact lenses. |
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*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. |