Global Augmented and Virtual Reality Contact Lens Market Growth 2025-2031

Global Augmented and Virtual Reality Contact Lens Market Growth 2025-2031

The global Augmented and Virtual Reality Contact Lens market size is predicted to grow from US$ 20.1 million in 2025 to US$ 53.9 million in 2031; it is expected to grow at a CAGR of 17.8% from 2025 to 2031.

Augmented and virtual reality contact lens are devices that could provide a virtual display that could have a variety of uses from assisting the visually impaired to video Military Applications. The device will have the form of a conventional contact lens with added bionics technology in the form of augmented reality, with functional electronic circuits and infrared lights to create a virtual display allowing the viewer to see a computer-generated display superimposed on the world outside.

United States is the largest Augmented and Virtual Reality Contact Lens market with about 81% market share. Europe is follower, accounting for about 18% market share.

The key players are Innovega, Inwith Corp., Mojo Vision, Sony, Samsung, Verily Life Sciences, Sensimed AG, Medella Health, Alcon, Ocumetrics Bionic Lens etc. Top 2 companies occupied about 100% market share.

LP Information, Inc. (LPI) ' newest research report, the “Augmented and Virtual Reality Contact Lens Industry Forecast” looks at past sales and reviews total world Augmented and Virtual Reality Contact Lens sales in 2024, providing a comprehensive analysis by region and market sector of projected Augmented and Virtual Reality Contact Lens sales for 2025 through 2031. With Augmented and Virtual Reality Contact Lens sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Augmented and Virtual Reality Contact Lens industry.

This Insight Report provides a comprehensive analysis of the global Augmented and Virtual Reality Contact Lens landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Augmented and Virtual Reality Contact Lens portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Augmented and Virtual Reality Contact Lens market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Augmented and Virtual Reality Contact Lens and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Augmented and Virtual Reality Contact Lens.

This report presents a comprehensive overview, market shares, and growth opportunities of Augmented and Virtual Reality Contact Lens market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Augmented Reality Contact Lens
Virtual Reality Contact Lens

Segmentation by Application:
Medical Field
Military Applications
Entertainment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Innovega
Inwith Corp.
Mojo Vision
Sony
Samsung
Verily Life Sciences
Sensimed AG
Medella Health
Alcon
Ocumetrics Bionic Lens

Key Questions Addressed in this Report

What is the 10-year outlook for the global Augmented and Virtual Reality Contact Lens market?

What factors are driving Augmented and Virtual Reality Contact Lens market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Augmented and Virtual Reality Contact Lens market opportunities vary by end market size?

How does Augmented and Virtual Reality Contact Lens break out by Type, by Application?