[San Francisco, 20TH June 2025] – The global smart contact lenses market is projected to grow from USD 320 million in 2023 to USD 5.8 billion by 2035, at a staggering CAGR of 32.4%, according to Clearview Market Insights. This growth is fueled by diabetes management needs, AR gaming trends, and breakthroughs in microelectronics.
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Key Growth Drivers
- Healthcare Revolution:
- Glucose-monitoring lenses eliminate finger-prick tests for 50M+ diabetics by 2030.
- Glaucoma sensors reduce blindness risks with 90% accuracy (2025 trials).
- AR Consumer Wave:
- Mojo Vision’s AR lenses for gamers launch in 2026 (pre-orders: 100K+).
- Enterprise use: Pilots with surgeons and engineers for hands-free data.
- Tech Investments:
- Alphabet and Samsung invest USD 1B+ in R&D (2024–2026).
Competitive Snapshot
- Alphabet (Verily) dominates (45%) with medical-focused lenses.
- Mojo Vision targets gamers, aiming for 30% AR market share by 2028.
- Sensimed’s FDA win positions it as glaucoma specialist.
Regional Leaders
- North America (50%): U.S. accounts for 80% of medical adopters.
- Asia-Pacific (20%): South Korea’s gaming industry drives AR demand.
Future Milestones
- 2026: First self-charging lenses debut.
- 2027: Neural-controlled lenses enter trials.
- 2030: 10M+ users globally.
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About Clearview Market Insights:
Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369