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NAICS Code 621111-03 Description (8-Digit)

Oculists MD is a subdivision of the NAICS Code 621111 that specializes in the diagnosis and treatment of eye-related diseases and disorders. Oculists MD are medical doctors who have completed specialized training in ophthalmology, which involves the study of the anatomy, physiology, and diseases of the eye. They provide a range of services, including routine eye exams, prescription of corrective lenses, treatment of eye infections and injuries, and surgical procedures such as cataract removal and LASIK.

Hierarchy Navigation for NAICS Code 621111-03

Tools

Tools commonly used in the Oculists MD industry for day-to-day tasks and operations.

  • Ophthalmoscope
  • Retinoscope
  • Tonometer
  • Slit lamp
  • Phoropter
  • Keratometer
  • Autorefractor
  • Visual field analyzer
  • Optical coherence tomography (OCT)
  • Fundus camera

Industry Examples of Oculists MD

Common products and services typical of NAICS Code 621111-03, illustrating the main business activities and contributions to the market.

  • Eye exams
  • Contact lens fitting
  • Glaucoma treatment
  • Cataract surgery
  • LASIK surgery
  • Retinal detachment repair
  • Corneal transplant
  • Macular degeneration treatment
  • Diabetic eye disease management
  • Pediatric ophthalmology

Certifications, Compliance and Licenses for NAICS Code 621111-03 - Oculists MD

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • American Board Of Ophthalmology Certification: This certification is required for ophthalmologists and oculists to practice in the US. It is a voluntary certification that demonstrates a high level of expertise in the field. The certification is provided by the American Board of Ophthalmology.
  • National Board Of Examiners In Optometry Certification: This certification is required for optometrists to practice in the US. It is a comprehensive exam that tests the knowledge and skills of optometrists. The certification is provided by the National Board of Examiners in Optometry.
  • Accreditation Council for Graduate Medical Education Accreditation: This accreditation is required for oculists to complete their residency training in the US. It ensures that the residency program meets the standards set by the Accreditation Council for Graduate Medical Education.
  • American Academy Of Ophthalmology Membership: This membership is not required but is highly recommended for ophthalmologists and oculists. It provides access to educational resources, networking opportunities, and advocacy efforts. The membership is provided by the American Academy of Ophthalmology.
  • American Society Of Cataract and Refractive Surgery Membership: This membership is not required but is highly recommended for ophthalmologists and oculists who specialize in cataract and refractive surgery. It provides access to educational resources, networking opportunities, and advocacy efforts. The membership is provided by the American Society of Cataract and Refractive Surgery.

History

A concise historical narrative of NAICS Code 621111-03 covering global milestones and recent developments within the United States.

  • The history of the Oculists MD industry dates back to ancient times when the Egyptians and Greeks were known to have developed basic eye surgery techniques. The first recorded cataract surgery was performed in India in the 6th century BCE. In the 19th century, the development of the ophthalmoscope by Hermann von Helmholtz revolutionized the diagnosis and treatment of eye diseases. In the United States, the first ophthalmology society was established in 1896, and the American Academy of Ophthalmology was founded in 1916. In the 20th century, the development of contact lenses, laser eye surgery, and other advanced technologies has further transformed the industry, making it possible to treat a wide range of eye conditions with greater precision and effectiveness. In recent history, the Oculists MD industry in the United States has seen significant growth due to an aging population and increasing demand for eye care services. According to the American Academy of Ophthalmology, the number of ophthalmologists in the United States has increased by 25% over the past decade, and the number of cataract surgeries performed has increased by 15%. The industry has also seen the development of new technologies such as femtosecond laser-assisted cataract surgery and implantable miniature telescopes for age-related macular degeneration. However, the industry has also faced challenges such as rising healthcare costs and increasing competition from optometrists and retail clinics offering basic eye exams and glasses.

Future Outlook for Oculists MD

The anticipated future trajectory of the NAICS 621111-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Oculists MD industry in the USA is positive. The industry is expected to grow due to the aging population and the increasing prevalence of eye diseases such as cataracts, glaucoma, and macular degeneration. Additionally, technological advancements in the field of ophthalmology are expected to drive growth in the industry. For example, the development of new surgical techniques and equipment, such as femtosecond lasers, has made cataract surgery safer and more precise. Furthermore, the increasing use of telemedicine in ophthalmology is expected to improve access to eye care services, particularly in rural areas. Overall, the Oculists MD industry is expected to continue to grow in the coming years, driven by demographic and technological factors.

Industry Innovations for NAICS Code 621111-03

Recent groundbreaking advancements and milestones in the Oculists MD industry, reflecting notable innovations that have reshaped its landscape.

  • Artificial Intelligence (AI) for Diagnosing Eye Diseases: AI is being used to analyze retinal images and detect signs of eye diseases such as diabetic retinopathy and age-related macular degeneration. This technology has the potential to improve the accuracy and speed of diagnosis, particularly in areas where there is a shortage of ophthalmologists.
  • Gene Therapy for Inherited Retinal Diseases: Gene therapy is being developed as a treatment for inherited retinal diseases such as Leber congenital amaurosis and retinitis pigmentosa. This involves delivering a healthy copy of the defective gene to the retina using a viral vector. Clinical trials have shown promising results, with some patients experiencing improved vision.
  • Minimally Invasive Glaucoma Surgery (MIGS): MIGS is a new type of glaucoma surgery that uses tiny incisions and specialized instruments to reduce intraocular pressure. This technique is less invasive than traditional glaucoma surgery and has a shorter recovery time.
  • Extended Depth Of Focus (EDOF) Intraocular Lenses: EDOF intraocular lenses are a new type of lens that can provide clear vision at multiple distances, reducing the need for glasses after cataract surgery. These lenses use a series of concentric rings to extend the range of focus.
  • Corneal Cross-Linking for Keratoconus: Corneal cross-linking is a new treatment for keratoconus, a condition in which the cornea becomes thin and bulges outwards. This involves applying riboflavin drops to the cornea and then exposing it to ultraviolet light, which strengthens the corneal fibers. This treatment can prevent further progression of the disease and improve vision.

NAICS Code 621111-03 - Oculists MD

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