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.
By 2019, the products of Innovega and Inwith Corp are expected to enter the stage of commercialization.The key factors driving the growth of the aforementioned industry are product’s high technology content and practical. With the breakthrough of technology and depression of application scope, the increased consumption of smart contact lenses are expected to continue during the remaining years of the forecast period of 2019-2025.
As for the application field, the research direction of companies or research institutes are mainly concentrated in the medical and military fields. With the development of technology and the decrease of cost, it is expected to be popularized in the field of consumer electronics. Technological giants such as Apple, Google and Sony are pushing the market forward through investment or technology development.
Market Analysis and Insights: Global Augmented and Virtual Reality Contact Lens Market
The global Augmented and Virtual Reality Contact Lens market is valued at US$ 13 million in 2019. The market size will reach US$ 39 million by the end of 2026, growing at a CAGR of 17.2% during 2021-2026.
Global Augmented and Virtual Reality Contact Lens Scope and Market Size
Augmented and Virtual Reality Contact Lens market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Augmented and Virtual Reality Contact Lens market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Augmented Reality Contact Lens
Virtual Reality Contact Lens
In 2019, Augmented Reality Contact Lens accounted for a major share of 87% in the global Augmented and Virtual Reality Contact Lens market. And this product segment is poised to reach 24 M USD by 2025 from 9 M USD in 2019.
Segment by Application
Medical Field
Military Applications
Entertainment
Other
By Company
Innovega
Inwith Corp.
Mojo Vision
Sony
Samsung
Verily Life Sciences
Sensimed AG
Medella Health
Alcon
Ocumetrics Bionic Lens
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
1 Study Coverage
1.1 Augmented and Virtual Reality Contact Lens Product Introduction
1.2 Market by Type
1.2.1 Global Augmented and Virtual Reality Contact Lens Market Size Growth Rate by Type
1.4.2 Augmented Reality Contact Lens
1.4.3 Virtual Reality Contact Lens
1.3 Market by Application
1.3.1 Global Augmented and Virtual Reality Contact Lens Market Size Growth Rate by Application
1.3.2 Medical Field
1.3.3 Military Applications
1.3.4 Entertainment
1.3.5 Other
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Augmented and Virtual Reality Contact Lens Sales Estimates and Forecasts 2016-2027
2.2 Global Augmented and Virtual Reality Contact Lens Revenue Estimates and Forecasts 2016-2027
2.3 Global Augmented and Virtual Reality Contact Lens Revenue by Region: 2016 VS 2021 VS 2027
2.4 Global Top Augmented and Virtual Reality Contact Lens Regions by Sales
2.4.1 Global Top Augmented and Virtual Reality Contact Lens Regions by Sales (2016-2021)
2.4.2 Global Top Augmented and Virtual Reality Contact Lens Regions by Sales (2022-2027)
2.5 Global Top Augmented and Virtual Reality Contact Lens Regions by Revenue
2.5.1 Global Top Augmented and Virtual Reality Contact Lens Regions by Revenue (2016-2021)
2.5.2 Global Top Augmented and Virtual Reality Contact Lens Regions by Revenue (2022-2027)
2.6 North America
2.7 Europe
2.8 Asia-Pacific
2.9 Latin America
2.10 Middle East & Africa
3 Competition by Manufacturers
3.1 Global Augmented and Virtual Reality Contact Lens Sales by Manufacturers
3.1.1 Global Top Augmented and Virtual Reality Contact Lens Manufacturers by Sales (2016-2021)
3.1.2 Global Top Augmented and Virtual Reality Contact Lens Manufacturers Market Share by Sales (2016-2021)
3.1.3 Global Top 10 and Top 5 Companies by Augmented and Virtual Reality Contact Lens Sales in 2020
3.2 Global Augmented and Virtual Reality Contact Lens Revenue by Manufacturers
3.2.1 Global Top Augmented and Virtual Reality Contact Lens Manufacturers by Revenue (2016-2021)
3.2.2 Global Top Augmented and Virtual Reality Contact Lens Manufacturers Market Share by Revenue (2016-2021)
3.2.3 Global Top 10 and Top 5 Companies by Augmented and Virtual Reality Contact Lens Revenue in 2020
3.3 Global Augmented and Virtual Reality Contact Lens Sales Price by Manufacturers
3.4 Analysis of Competitive Landscape
3.4.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Augmented and Virtual Reality Contact Lens Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4.3 Global Augmented and Virtual Reality Contact Lens Manufacturers Geographical Distribution
3.5 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Global Augmented and Virtual Reality Contact Lens Sales by Type
4.1.1 Global Augmented and Virtual Reality Contact Lens Historical Sales by Type (2016-2021)
4.1.2 Global Augmented and Virtual Reality Contact Lens Forecasted Sales by Type (2022-2027)
4.1.3 Global Augmented and Virtual Reality Contact Lens Sales Market Share by Type (2016-2027)
4.2 Global Augmented and Virtual Reality Contact Lens Revenue by Type
4.2.1 Global Augmented and Virtual Reality Contact Lens Historical Revenue by Type (2016-2021)
4.2.2 Global Augmented and Virtual Reality Contact Lens Forecasted Revenue by Type (2022-2027)
4.2.3 Global Augmented and Virtual Reality Contact Lens Revenue Market Share by Type (2016-2027)
4.3 Global Augmented and Virtual Reality Contact Lens Price by Type
4.3.1 Global Augmented and Virtual Reality Contact Lens Price by Type (2016-2021)
4.3.2 Global Augmented and Virtual Reality Contact Lens Price Forecast by Type (2022-2027)
5 Market Size by Application
5.1 Global Augmented and Virtual Reality Contact Lens Sales by Application
5.1.1 Global Augmented and Virtual Reality Contact Lens Historical Sales by Application (2016-2021)
5.1.2 Global Augmented and Virtual Reality Contact Lens Forecasted Sales by Application (2022-2027)
5.1.3 Global Augmented and Virtual Reality Contact Lens Sales Market Share by Application (2016-2027)
5.2 Global Augmented and Virtual Reality Contact Lens Revenue by Application
5.2.1 Global Augmented and Virtual Reality Contact Lens Historical Revenue by Application (2016-2021)
5.2.2 Global Augmented and Virtual Reality Contact Lens Forecasted Revenue by Application (2022-2027)
5.2.3 Global Augmented and Virtual Reality Contact Lens Revenue Market Share by Application (2016-2027)
5.3 Global Augmented and Virtual Reality Contact Lens Price by Application
5.3.1 Global Augmented and Virtual Reality Contact Lens Price by Application (2016-2021)
5.3.2 Global Augmented and Virtual Reality Contact Lens Price Forecast by Application (2022-2027)
6 North America
6.1 North America Augmented and Virtual Reality Contact Lens Market Size by Type
6.1.1 North America Augmented and Virtual Reality Contact Lens Sales by Type (2016-2027)
6.1.2 North America Augmented and Virtual Reality Contact Lens Revenue by Type (2016-2027)
6.2 North America Augmented and Virtual Reality Contact Lens Market Size by Application
6.2.1 North America Augmented and Virtual Reality Contact Lens Sales by Application (2016-2027)
6.2.2 North America Augmented and Virtual Reality Contact Lens Revenue by Application (2016-2027)
6.3 North America Augmented and Virtual Reality Contact Lens Market Size by Country
6.3.1 North America Augmented and Virtual Reality Contact Lens Sales by Country (2016-2027)
6.3.2 North America Augmented and Virtual Reality Contact Lens Revenue by Country (2016-2027)
6.3.3 U.S.
6.3.4 Canada
7 Europe
7.1 Europe Augmented and Virtual Reality Contact Lens Market Size by Type
7.1.1 Europe Augmented and Virtual Reality Contact Lens Sales by Type (2017-2027)
7.1.2 Europe Augmented and Virtual Reality Contact Lens Revenue by Type (2017-2027)
7.2 Europe Augmented and Virtual Reality Contact Lens Market Size by Application
7.2.1 Europe Augmented and Virtual Reality Contact Lens Sales by Application (2017-2027)
7.2.2 Europe Augmented and Virtual Reality Contact Lens Revenue by Application (2017-2027)
7.3 Europe Augmented and Virtual Reality Contact Lens Market Size by Country
7.3.1 Europe Augmented and Virtual Reality Contact Lens Sales by Country (2017-2027)
7.3.2 Europe Augmented and Virtual Reality Contact Lens Revenue by Country (2017-2027)
7.3.3 Germany
7.3.4 France
7.3.5 U.K.
7.3.6 Italy
7.3.7 Russia
8 Asia Pacific
8.1 Asia Pacific Augmented and Virtual Reality Contact Lens Market Size by Type
8.1.1 Asia Pacific Augmented and Virtual Reality Contact Lens Sales by Type (2018-2027)
8.1.2 Asia Pacific Augmented and Virtual Reality Contact Lens Revenue by Type (2018-2027)
8.2 Asia Pacific Augmented and Virtual Reality Contact Lens Market Size by Application
8.2.1 Asia Pacific Augmented and Virtual Reality Contact Lens Sales by Application (2018-2027)
8.2.2 Asia Pacific Augmented and Virtual Reality Contact Lens Revenue by Application (2018-2027)
8.3 Asia Pacific Augmented and Virtual Reality Contact Lens Market Size by Region
8.3.1 Asia Pacific Augmented and Virtual Reality Contact Lens Sales by Region (2018-2027)
8.3.2 Asia Pacific Augmented and Virtual Reality Contact Lens Revenue by Region (2018-2027)
8.3.3 China
8.3.4 Japan
8.3.5 South Korea
8.3.6 India
8.3.7 Australia
8.3.8 Taiwan
8.3.9 Indonesia
8.3.10 Thailand
8.3.11 Malaysia
8.3.12 Philippines
9 Latin America
9.1 Latin America Augmented and Virtual Reality Contact Lens Market Size by Type
9.1.1 Latin America Augmented and Virtual Reality Contact Lens Sales by Type (2019-2027)
9.1.2 Latin America Augmented and Virtual Reality Contact Lens Revenue by Type (2019-2027)
9.2 Latin America Augmented and Virtual Reality Contact Lens Market Size by Application
9.2.1 Latin America Augmented and Virtual Reality Contact Lens Sales by Application (2019-2027)
9.2.2 Latin America Augmented and Virtual Reality Contact Lens Revenue by Application (2019-2027)
9.3 Latin America Augmented and Virtual Reality Contact Lens Market Size by Country
9.3.1 Latin America Augmented and Virtual Reality Contact Lens Sales by Country (2019-2027)
9.3.2 Latin America Augmented and Virtual Reality Contact Lens Revenue by Country (2019-2027)
9.3.3 Mexico
9.3.4 Brazil
9.3.5 Argentina
6 Middle East and Africa
6.1 Middle East and Africa Augmented and Virtual Reality Contact Lens Market Size by Type
6.1.1 Middle East and Africa Augmented and Virtual Reality Contact Lens Sales by Type (2016-2027)
6.1.2 Middle East and Africa Augmented and Virtual Reality Contact Lens Revenue by Type (2016-2027)
6.2 Middle East and Africa Augmented and Virtual Reality Contact Lens Market Size by Application
6.2.1 Middle East and Africa Augmented and Virtual Reality Contact Lens Sales by Application (2016-2027)
6.2.2 Middle East and Africa Augmented and Virtual Reality Contact Lens Revenue by Application (2016-2027)
6.3 Middle East and Africa Augmented and Virtual Reality Contact Lens Market Size by Country
6.3.1 Middle East and Africa Augmented and Virtual Reality Contact Lens Sales by Country (2016-2027)
6.3.2 Middle East and Africa Augmented and Virtual Reality Contact Lens Revenue by Country (2016-2027)
6.3.3 Turkey
6.3.4 Saudi Arabia
6.3.5 U.A.E
11 Company Profiles
11.1 Innovega
11.1.1 Innovega Corporation Information
11.1.2 Innovega Overview
11.1.3 Innovega Augmented and Virtual Reality Contact Lens Sales, Price, Revenue and Gross Margin (2016-2021)
11.1.4 Innovega Augmented and Virtual Reality Contact Lens Product Description
11.1.5 Innovega Related Developments
11.2 Inwith Corp.
11.2.1 Inwith Corp. Corporation Information
11.2.2 Inwith Corp. Overview
11.2.3 Inwith Corp. Augmented and Virtual Reality Contact Lens Sales, Price, Revenue and Gross Margin (2016-2021)
Summary: Get latest Market Research Reports on Augmented and Virtual Reality Contact Lens. Industry analysis & Market Report on Augmented and Virtual Reality Contact Lens is a syndicated market report, published as Global Augmented and Virtual Reality Contact Lens Market Insights and Forecast to 2027. It is complete Research Study and Industry Analysis of Augmented and Virtual Reality Contact Lens market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.