Press Release

Israel Eye Care Market to be Dominated by Intraocular Lens Segment Through 2028

The rising prevalence of eye disorders is expected to drive the Israel eye care market during the forecast period.

According to TechSci Research report, Israel Eye Care Market - Industry Size, Share, Trends, Opportunity, and Forecast, 2028, the eye care market in Israel is anticipated to grow at a steady rate during the forecast period of 2024-2028. This can be ascribed to the growing number of cases of eye disease and vision impairment conditions, such as myopia, and presbyopia, across the country.

According to the WHO Report, around 2 million people suffered from vision impairment, including major eye issues, such as cataracts, glaucoma, age-related macular degeneration, diabetic retinopathy, and refractive errors.

Additionally, the healthcare system in Israel has important preparatory measures in place to improve eye health and eye disease control, including low-vision rehabilitation programs, specialist clinics for eye illnesses, and easily accessible ophthalmologist training. Therefore, a growing demand for eye care in the country can be observed.

Also, the increasing prevalence of eye diseases, such as cataracts and glaucoma, and the rise in awareness regarding eye care among the population are likely to propel the market in the forecast period. However, the high cost of eye care products and services may act as a barrier to accessing eye care, particularly for people with lower incomes. The cost of diagnostic and surgical equipment can also be prohibitively high for small eye care clinics. Additionally, there is a lack of skilled ophthalmologists, which can lead to longer waiting times for appointments and delayed diagnosis and treatment of eye disorders.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the Israel Eye Care Market

The Israel eye care market can be segmented by the type of product type, coating type, lens material, distribution channel, and region.

Based on product type, the Israel eye care market can be segmented by eyeglasses, contact lenses, intraocular lenses, eye drops, eye vitamins, and others. The eyeglasses segment dominated the market in 2022. This was due to the increasing cases of refractive errors, such as myopia and presbyopia, among consumers in the country. Moreover, the Intraocular segment is expected to dominate in the forecast period. This can be ascribed to the increasing number of people choosing intraocular lenses which provide better effectiveness in treating any refractive abnormalities while also freeing the user from the necessity for glasses.

Based on the distribution channel, the Israel eye care market is segmented by retail stores, e-commerce, clinics, and hospitals. The online segment is expected to dominate the Israel eye care market during the forecast period. This can be ascribed to factors such as no cost on warehousing as the product is directly sold by sellers. Expansion of the segment is attributed to the availability of multiple options, discounts, convenience, doorstep delivery, reviews, and rating on desired products, thereby enhancing the customer purchase experience for eye care products in the forecast period.

Based on coating, the market is segmented into anti-glare, UV, and others. The anti-glare lens material is dominating the Israel eye care market. This is attributed to the growing demand for anti-glare lens material based on its multiple favorable features, such as anti-glare coating improving visual clarity by eliminating glare and allowing more light to pass through the glasses.

Major companies operating in the Israel eye care market are:

  • Johnson and Johnson Israel
  • Allergan Israel Ltd
  • CooperVision Israel
  • Pfizer Pharmaceuticals Israel Ltd
  • MERCK SERONO LTD.
  • Novartis Pharma Israel Ltd
  • F. Hoffmann-La Roche Israel

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“The rise in eye disorders is due to the increasing incidence of eye conditions and vision impairment. is creating a huge demand in the Israel eye care market. Besides, the increasing awareness about the eye care products, such as eye care solutions, among consumers are further expected to support the country market over the next few years,” said Mr. Karan Chechi, Research Director at TechSci Research, a research-based global management consulting firm.

Israel Eye Care Market By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, and Others), By Coating (Anti-Glare, UV, and Others), By Lens Material (Normal Glass, Polycarbonate, Trivex, and Others), By Distribution Channel (Retail Stores, E-Commerce, Clinics, and Hospitals), By Region, Competition, Forecast & Opportunities, 2028 has evaluated the future growth potential of Israel eye care market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Israel Eye Care Market.

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