A statement by his office yesterday said the 93-year-old was being treated at a hospital near Tel Aviv.
Peres, widely respected as an elder statesman both in Israel and abroad, was admitted to Sheba Medical Centre at Tel HaShomer in Ramat Gan "after suffering a stroke", his office said.
After first reporting that "his condition is stable and he is fully conscious", his office said he had been sedated and was breathing with the aid of a respirator.
A former hawk turned dove, the highlight of his career came in 1994, when he was awarded the Nobel Peace Prize along with Yitzhak Rabin and the late Palestinian leader Yasser Arafat for his role in negotiating the Oslo accords with the Palestinians.
"Former president Peres' doctors sedated and intubated him so as to best facilitate the continuation of his treatment," his office said.
"He will undergo a CT scan so as to get a full and updated assessment of his situation."
Prime Minister Benjamin Netanyahu had spoken with the director of the hospital to receive an update, a spokesman said. "The prime minister conveyed the prayers of the entire nation for a quick recovery," his office said.
Netanyahu said on his twitter account: "Shimon, we all love you".
President Reuven Rivlin said in a statement he was "following with concern the updates from the hospital, and pray together with the entire people for my friend Shimon's recovery."
In January, Peres was hospitalised twice for heart trouble. In the first instance, the hospital said he had suffered a "mild cardiac event" and underwent catheterisation to widen an artery.
He was rushed to hospital a second time days later with chest pains and an irregular heartbeat.
A co-architect of the 1993 Oslo peace accords, Peres won the 1994 Nobel Peace Prize jointly with Rabin, who was assassinated the following year, and Arafat.
He once confided that the secret to his longevity was daily gymnastics, eating little and drinking one or two glasses of good wine.
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