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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