Emerging Solution: Microsoft Research Ability Group's SeeingVR Toolkit
Available at: https://github.com/microsoft/SeeingVRtoolkit
Video presentation: SeeingVR: A Set of Tools to Make Virtual Reality More Accessible to People with Low Vision (Youtube)
Further Reading:
SeeingVR: A Set of Tools to Make Virtual Reality More Accessible to People with Low Vision (PDF)
Demonstration of SeeingVR: A Set of Tools to Make Virtual Reality More Accessible to People with Low Vision (PDF)
Background Reading: W3C on Accessibility of Virtual Reality