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

Israel eye care market is anticipated to witness a steady CAGR during the forecast period.

For instance, Bausch and Lomb provide the market with age-specific eye care products that help in avoiding harsh reactions

According to a study,

Additionally, in 2017, an announcement was made that LIROT was using its fully equipped mobile clinic to visit senior centers and residences throughout Israel to provide free preventive screening for thousands of senior citizens to develop a new method of eye screening. L'OCCITANE Israel and the Foundation have supported LIROT for its program, which focused on the detection of lazy eye symptoms.

Moreover, the NGO aims to prevent blindness among hundreds of thousands of children, adults, and the elderly through research, screening, and public awareness for bolstering the growth of the Israel eye care market. In 2017, L'OCCITANE funded a machine for screening eye disorders, such as amblyopia, a disease that affects almost 8,000 children each year within the country, also funding the training of medical staff on the use of this machine.

Furthermore, in 2019, the L'OCCITANE Foundation and L'OCCITANE Israel supported enabling access to eye treatment for many people in Tel Aviv and the center of Israel. The association conducted free screenings of vulnerable elderly people and children. The rise in eye problems, such as eye weakness, cataracts, and other ocular conditions can be observed frequently among the geriatric population and, thereby, is creating a massive demand for contact lenses to improve eye vision and treat conditions, such as cataracts, and leads to the growth of Israel eye care market during the forecast period.

Increased Digitalization and Changing Lifestyle

. According to a study by the Israeli Ministry of Health, over 900,000 Israelis suffer from eye diseases, and this number is expected to increase due to the aging population.

Moreover, the Israeli government recognizes the importance of addressing the growing prevalence of eye disorders and has implemented several policies and initiatives to promote eye health and improve access to eye care services. For example, the government subsidizes the cost of eyeglasses and contact lenses for children and young adults, which has led to increased demand for these products. Therefore, the increased awareness about the conditions caused by the over usage and increased usage of technological devices among people is creating a rise in demand for the eye care products, such as eyeglasses. In recent times, people in the country being business professionals or working employees, kids, and old age people are preferring the usage of eyeglasses for protecting their eyes from getting weak during the usage of their devices.

For instance, a global leading company, Alcon is manufacturing a series of dry eye relief eye care under the name “Systane”, and an ocular allergy relief eye care under the series named “Pataday”.

Technological Advancements

Additionally, AI is being used in the diagnosis and treatment of eye disorders, allowing for more accurate and efficient diagnosis, and personalized treatment plans for patients. AI-powered devices can also assist ophthalmologists in performing surgeries with greater precision.

Some Wearable devices, such as smart glasses and contact lenses, are being developed to monitor and diagnose various eye disorders, such as glaucoma and age-related macular degeneration. These devices can provide patients with real-time information about their eye health and allow for early intervention to prevent further damage and is expected to increase the growth of the Israel eye care market in the coming years.

Recent Developments

• InJuly 2022, an Israeli company,. Eximore developed a non-invasive patentedpunctal plug drug delivery system that addresses the challenges of eye dropswhile also overcoming the challenges of plug design. The company is leveragingthe high retention, tolerability, and safety of today’s well-provenconventional punctal plugs in the design of its novel plug that usesnano-particle technology to mold the drug into the actual plug itself for thetreatment of vision loss and impairment. Eximore’s innovation is the answer to bettereye health which affects the quality of people’s lives and has economic andsocial consequences.

Market Segmentation

Market Players

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