Israel Contact Lenses Market By Product Type (Soft Contact Lenses, Hybrid Contact Lenses, Rigid Gas Permeable Contact Lenses, Other Product Types), By Usage (Corrective Contact Lenses, Therapeutic Contact Lenses, Cosmetic Contact Lenses, Prosthetic Contact Lenses), By Modality (Conventional, Disposable), By Design (Spherical, Toric, Multifocal, Other Designs), By Region, Competition, Forecast & Op

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Israel Contact Lenses Market By Product Type (Soft Contact Lenses, Hybrid Contact Lenses, Rigid Gas Permeable Contact Lenses, Other Product Types), By Usage (Corrective Contact Lenses, Therapeutic Contact Lenses, Cosmetic Contact Lenses, Prosthetic Contact Lenses), By Modality (Conventional, Disposable), By Design (Spherical, Toric, Multifocal, Other Designs), By Region, Competition, Forecast & Op

Contact lenses, which are used as an alternative to traditional eyeglasses, provide a convenient and comfortable way to correct vision and are gaining popularity among Israelis of all ages. One of the key factors driving the demand for contact lenses in Israel is the changing lifestyles and preferences of the population. As more Israelis lead active and dynamic lives, they are opting for contact lenses as they offer greater convenience and flexibility compared to traditional eyeglasses. Contact lenses provide better vision correction for outdoor activities, sports, and social events, without the hassle of frames that can obstruct the field of vision or get fogged up hence, augmenting the growth of Israel Contact lenses market.

Moreover, the cosmetic appeal of contact lenses is a significant factor contributing to their popularity. Colored contact lenses, which can change the appearance of the eyes and enhance one's overall look, are gaining traction among younger consumers in Israel who are keen on fashion and beauty trends. This trend is driving the demand for cosmetic contact lenses, which are found at in various colors and patterns, and are becoming increasingly popular for both prescription and non-prescription use, which is expected to grow the Israel Contact lenses Market in the forecast period. Moreover, technological advancements have played a crucial role in the growth of the contact lens market in Israel. Contact lens manufacturers are constantly innovating to develop advanced lens materials, designs, and technologies that offer improved comfort, durability, and vision correction.

According to the Israeli Association for Ocular Health,500,000 people experience vision problems and eye illnesses in Israel.

Rising Awareness Regarding Benefits associated with the use of Contact lenses.

With advancements in technology, lenses have emerged as a superior alternative to traditional eyeglasses, providing wearers with a clear vision of the future. From contact lenses to prescription eyeglass lenses, these modern optical marvels offer numerous advantages over traditional eyewear, making them a preferred choice for many individuals. This has led to an increase in demand for Contact lenses, hence augmenting the growth of the Israel Contact lenses market. One of the biggest advantages of lenses over traditional eyeglasses is their ability to provide better vision correction. Lenses, whether they are contact lenses or prescription eyeglass lenses, are customized to fit the shape of the wearer's eye. This ensures a precise and accurate vision correction, which can be difficult to achieve with traditional eyeglasses that may not fit perfectly or may cause distortion due to the frame or lens thickness. Lenses cover the entire field of vision, eliminating the need to constantly adjust the frame or lens position as required with glasses. Companies are investing in the development of new and more efficient Contact lenses to meet the growing demand and to improve efficiency and performance. Hence, all these factors or efforts are going to propel the Israel Contact lenses Market growth.

According to Ophthalmology Department at Hadassah University Medical Center in Jerusalem’s Ein Kerem, approximately 3 million people wears contact lens in Israel, with average age of 30.3 years +/-10.8 years and more than 6 out of 10 are females.

Rising Technological Advancements and Innovations in the production Process of Medical Devices

Contact lenses have revolutionized the field of vision correction, providing millions of people with an alternative to traditional eyeglasses. Over the years, advancements in technology have continuously improved the design, comfort, and effectiveness of contact lenses. With the rapid pace of innovation, the manufacturing process of contact lenses has evolved, paving the way for exciting breakthroughs that are transforming the landscape of vision correction augmenting the growth of Israel Contact lenses market.


MIR Segment1

According to International Trade Administration, medical devices make about USD2.4 billion of Israel's total USD6.2 billion healthcare technology market.

Recent Development

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Market Segmentation

Israel Contact lenses market is segmented into product type, usage, modality, design, and region. Based on product type, Israel Contact lenses market is divided into soft contact lenses, hybrid contact lenses, rigid gas permeable contact lenses, and other product types. Based on usage, Israel Contact lenses market is categorized into corrective contact lenses, therapeutic contact lenses, cosmetic contact lenses, and prosthetic contact lenses. Based on modality, Israel Contact lenses market is categorized into conventional and disposable. Based on design, Israel Contact lenses market is categorized into spherical, toric, multifocal, and other designs. Based on region, the Israel Contact lenses market is segmented into the Mediterranean Coastal Plain, the Central Hills, The Jordan Rift Valley, and the Negev Desert.

Company Profiles

Hanita lenses ltd, Soflex Contact Lens Industries, ROTLEX ltd., Shamir Optical Industry Ltd., Hoya Vision Care Israel Ltd., Opticana Israel Ltd., Acuvue (Johnson & Johnson), Cooper Vision Inc, EyeYon Medical Ltd., Synerg Eyes Inc. are some of the key players of Israel Contact lenses market.

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in tons and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, volume forecasting, Company shares, competitive landscape, growth factors, and trends

Segments covered

Product type

Usage

Modality

Design

Region

Country scope

The Mediterranean Coastal Plain, The Central Hills, The Jordan Rift Valley, The Negev Desert.

Key companies profiled

Hanita lenses ltd, Soflex Contact Lens Industries, ROTLEX LTD., Shamir Optical Industry Ltd., Hoya Vision Care Israel Ltd., Opticana Israel Ltd., Acuvue (Johnson & Johnson), Cooper Vision Inc, EyeYon Medical Ltd., Synerg Eyes Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

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Delivery Format

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MIR Regional

Report Scope

In this report, the Israel Contact lenses market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below

  • Israel Contact lenses Market, By Product Type
    • Soft Contact Lenses
    • Hybrid Contact Lenses
    • Rigid Gas Permeable Contact Lenses
    • Other
  • Israel Contact lenses Market, By Usage
    • Corrective Contact Lenses
    • Therapeutic Contact Lenses
    • Cosmetic Contact Lenses
    • Prosthetic Contact Lenses
  • Israel Contact lenses Market, By Modality
    • Conventional
    • Disposable
  • Israel Contact lenses Market, By Design
    • Spherical
    • Toric
    • Multifocal
    • Others
  • Israel Contact lenses Market, By Region
    • The Mediterranean Coastal Plain
    • The Central Hills
    • The Jordan Rift Valley
    • The Negev Desert

Competitive landscape

Company Profiles

found at Customizations

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are found at for the report

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Content

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