The economic outlook of U.S. eye care professionals (ECPs) worsened in Q3 compared to Q2 according to the quarterly research report by The Vision Council, and an increasing proportion among them is less confident that they will be able to meet their revenue goals this year. As in previous quarters, recruitment remained the main challenge for ECPs in Q3, followed by inflation concerns. The last report shows that 73 percent of ECPs reported increased wholesale price of eyewear products in Q3 and that 49 percent of practices have in turn increased their retail prices for eyewear. Furthermore, 73 percent of survey participants said their clients were more price-sensitive when choosing their eyewear. All these numbers were roughly in line with the results reported in Q1 and Q2 this year. On myopia management, optometrists reported that compliance with treatment, from the patients or their parents, and cost were the two biggest challenges.
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