There is one last optical disc throw of the device which are the Folio discs up to 500GB but the company timeline for disc readers are still a few years away.
The problem is that optical discs are a bit of a dead end technology wise, the cost of making players, the size, the noise they generate, the limited capacity.
As comparison look at SD cards you can get very cheap with high capacity these days, future game consoles would be better off using a variant of SD card technology for physical games if they still offer those at all with a tiny reader built into the console and you do away with the bulky optical disc reader.
The same applies to the movie/tv physical sales market, the whole process of having to buy a disc spinner is obsolete, a new physical format like SD cards could be built into every new TV (even phone/tablets) or supported via a USB. Maybe even offer multi readers were multiple movie cards could be connected to one player replicating the digital experience, keeping pace with digital.
That's what's required to save the physical media market but it doesn't seem like the industry is interested.