Augmented and Virtual Reality Contact Lens Market to Grow Rapidly

Market Overview

The Augmented and Virtual Reality Contact Lens Market is set for significant growth, projected to rise at a Compound Annual Growth Rate (CAGR) of 17.2% from 2024 to 2030. The market was valued at $17.8 million in 2023 and is expected to reach $53.3 million by 2030. The United States dominates this market, holding an 81% share, with Europe following at 18%. Key players in this arena include Innovega, Inwith Corp., Mojo Vision, and Sony.