A contact lens, or simply contact or CL, is a thin lens placed directly on the surface of the eye. CLs are considered medical devices and can be worn to correct vision, or for cosmetic or therapeutic reasons. While, Smart Contact Lenses mains that a contact lens integrate a set of electronic components and formed a specific function. These lenses may be available in the future but are currently in proof-of concept or early to mid-stage development. They may be used to monitor diabetes by measuring tear glucose, intraocular pressure, or for presbyopia and myopia control, low vision. In addition, some contact lenses also integrated social entertainment features, for example you can simultaneous viewing of the world around you while are also viewing a small screen in a frame mounted projection system for learning, gaming or augmented reality. Smart contact lens technology involves filters, sensors, microchips and other miniaturized electronics which are embedded within contact lenses Drug-device combinations (contact lenses which elute pharmaceuticals) will be mentioned but not emphasized.
The technical barriers of smart contact lenses are high, and the smart contact lenses market concentration degree is relatively lower. The manufacturing bases concentration only in Switzerland; there is only one manufacturer in the world. And there are some companies researching, such as Google, Samsung, Sony, PEGL and others.

Market Analysis and Insights: Global Smart Contact Lenses Market
In 2019, the global Smart Contact Lenses market size was US$ 160.5 million and it is expected to reach US$ 5350.8 million by the end of 2026, with a CAGR of 64.3% during 2021-2026.
Global Smart Contact Lenses Scope and Market Size
Smart Contact Lenses market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Smart Contact Lenses 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 region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Smart Contact Lenses market is segmented into
Disposable Type
Frequent Replacement Type

Segment by Application, the Smart Contact Lenses market is segmented into
Medical Field
Military Field
Social Entertainment
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Smart Contact Lenses Market Share Analysis
Smart Contact Lenses market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Smart Contact Lenses product introduction, recent developments, Smart Contact Lenses sales by region, type, application and by sales channel.

The major companies include:
Sensimed AG
Google
Samsung
Sony
PEGL
...