If Device Manager shows the drive, Windows recognizes it. Did you check that? Did you see a yellow exclamation mark next to it? Then it's a driver issue or a settings issue (for example, the upper and lower filter in the registry).
But maybe the hardware of the drive is defective. Or maybe the maybe the heads need to be cleaned. Or may maybe this CD is an old one, that you burned long ago and degraded so much that it can't be read any more.
First try this disc in another drive on another PC, then try a standard retail CD or DVD to see if can be read (note: Windows 10 doesn't natively play DVD's, but your should be able to see the files on it in File Explorer.
If the drive is defective, replace it or use an external drive.
I moved to Windows 10 from Windows 7 months ago. Recently I tried to read a CD that contains text and JPG files. When I inserted the CD in the optical DVD drive,I noticed that the drive was not recognized. That is it didn't appear in the File Explorer, so there was no way to read the CD. I understand that this is a problem inherent in Windows 10. My question, is there any easy fix to this problem without having to edit the Registry?