Eyecare Provider Survey Weekly Update
Given the unprecedented nature of the COVID-19 outbreak, The Vision Council is conducting the COVID-19 Eyecare Provider Study, an ongoing research project among eyecare providers aimed at gaining a broad understanding of how the market is reacting to tightening restrictions, consumer sentiment and government guidance related to COVID-19.
Through a weekly survey fielded to 400 eyecare providers, the study examines what changes respondents are experiencing in the market during the weeks of March 9, March 16 and March 23. Questions were asked about the impact of COVID-19 on practice operations, patient volume and capture rate, and vendor performance, among other key business performance metrics.
Some key insights from the COVID-19 Eyecare Provider Study include:
- 57% of eyecare providers reported being closed to the public, an increase of 36% from week 1 to week 3
- 77% of eyecare providers reported that they have reduced their hours, an increase of 60% from week 1 to week 3
- 85% of eyecare providers indicated that they are offering some form of reduced services, an increase of 34% from week 1 to week 3
The Vision Council will continue to field these studies every week to monitor how the situation is changing in real time. Each report will include trend graphs comparing results week over week, offering valuable insights into the evolving market impact of COVID-19.
Click here to view the COVID-19 Eyecare Provider Study March 23–28. If you have any questions, please feel free to contact William Bradley, research analyst at The Vision Council.