Press release
Augmented and Virtual Reality Contact Lens Market Analysis and Growth by Top Companies 2021 - Innovega, Inwith Corp., Mojo Vision, Sony, Samsung
In 2020, the global Augmented and Virtual Reality Contact Lens market size was US$ 13 million and it is expected to reach US$ 39 million by the end of 2027, with a CAGR of 17.2% during 2021-2027.The Market Research on the “Augmented and Virtual Reality Contact Lens Market 2021-2027”, now available with Market Insights Reports, Introduces systematic details in terms of market valuation, market size, revenue estimation, and geographical spectrum of the business vertical. The Augmented and Virtual Reality Contact Lens market report offers an overview of top company profiles with the business value and demand status of the industry. The report also helps the user to understand the market in terms of its definition, segmentation, market potential, influential trends, and therefore the challenges that the market is facing. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Augmented and Virtual Reality Contact Lens investments from 2021 till 2027.
The prominent players in the Global Augmented and Virtual Reality Contact Lens Market:
Innovega, Inwith Corp., Mojo Vision, Sony, Samsung, Verily Life Sciences, Sensimed AG, Medella Health, Alcon, Ocumetrics Bionic Lens and Others.
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Market Overview: -
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.
Industry News: -
Innovega Files Patent Applications for Automated Contact Lens and AR/VR Display Eyewear Fitting
BELLEVUE, Wash., May 24, 2021 -- Innovega Inc. filed four new patent applications for automated systems to enable eye care practitioners to efficiently and consistently fit contact lenses and augmented reality (AR) and virtual reality (VR) display-equipped eyewear. The four applications describe the apparatus and methods for image detection and measurements required for fitting contact lenses and eyewear.
(Source: - prnewswire.com)
Based on Types, The Augmented and Virtual Reality Contact Lens Market is segmented into:
Augmented Reality Contact Lens
Virtual Reality Contact Lens
Based on Application, The Augmented and Virtual Reality Contact Lens Market is segmented into:
Medical Field
Military Applications
Entertainment
Others
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Augmented and Virtual Reality Contact Lens Market these regions, from 2021 to 2027 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia–Pacific (China, Japan, Korea, India, and Southeast).
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Major Highlights of TOC
Chapter 1: Report Overview
Chapter 2: Global Growth Trends
Chapter 3: Competition Landscape by Key Players
Chapter 4: Industry Analysis by Regions
Chapter 5: Industry Analysis by Type
Chapter 6: Industry Analysis by Applications
Chapter 7: Key Companies Profiled
Chapter 8: Industry Manufacturers Cost Analysis
Chapter 9: Marketing Channel, Distributors, and Customers
Chapter 10: Market Dynamics
Chapter 11: Industry Forecast
Chapter 12: Research Findings and Conclusion
Chapter 13: Methodology and Data Source
Finally, the Augmented and Virtual Reality Contact Lens market report offers a complete and detailed study of the global Augmented and Virtual Reality Contact Lens market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except this, market insight reports will provide customization as per specific demands.
The report has 150+ tables and figures browse the full report description and TOC:
https://www.marketinsightsreports.com/reports/07303127019/global-augmented-and-virtual-reality-contact-lens-market-size-manufacturers-supply-chain-sales-channel-and-clients-2021-2027?Mode=18
Customization of the Report: This report will be customized as per your needs for extra data up to 3 companies or 3 countries or nearly 40 analyst hours.
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides US and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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