The global speech generating devices market is expected to exhibit a staggering expansion at 12.2% CAGR over the forecast period 2017 to 2022, according to a report by Fact.MR. The report anticipates the market to account for revenues worth US$ 168.6 Mn in 2017, and the market is further estimated to reach nearly US$ 300 Mn by 2022-end.
Various developments in electronic technology have been witnessed over the past decade, rendering the speech generating devices portable and more user interactive. Speech generating devices exist in several variants on the basis of levels of cognitive abilities, physical abilities, symbol system, tongue switches, text, and eye tracking system.
For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=53
Growth of the global speech generating devices market is primarily attributed to increasing availability of user-friendly devices and advancements in technology. According to the National Institute of Deafness & Other Communication Disorders (NIDCD), it is estimated that approximately 7.5 Mn of the U.S. population is affected with some kind of speech related disorders.
Global leaders in speech generating devices market are focusing on enhancement of touch-screen devices for the provision of easy navigation to users. In addition, these manufacturers are providing speech generating devices with the ability to connect with variety of smart phone versions such as iPhone and Android.
On the back of speech generating devices’ portable nature, demand for these devices is gaining higher traction among patients with speech impairments. This is further expected to create huge opportunities for manufacturers of speech generating devices. However, factors such as low penetration of speech generating devices, coupled with their high cost are expected to inhibit growth of the market during the forecast period.
Projections for the Global Speech Generating Devices Market
- North America will continue to be the most lucrative region for growth of the speech generating devices market, followed by Europe. Revenue from sales of speech generating devices in North America is expected to reach US$ 126.7 Mn by 2022-end.
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=53
- Sales of speech generating devices in Asia-Pacific excluding Japan (APEJ) will continue to register the fastest expansion during the forecast period.
- Synthesized speech devices will remain preferred among products in the market, followed by picture communicators.
- Sales of text-to-speech devices are expected to register the highest CAGR in the market through 2022.
- On the basis of display, although static display for speech generating devices will remain sought-after in the market, sales of dynamic display will exhibit a comparatively faster expansion throughout the forecast period.
- Specialty clinics are expected to remain the largest distribution channel for sales of speech generating devices, expanding at the highest CAGR through 2022.
- Hospitals will continue to hold second position in the market based on distribution channel, to account for more than US$ 100 Mn by 2022-end.
- By technology, manual speech generating devices will witness largest adoption, followed by head tracking and eye tracking technology-based speech generating devices.
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/53
Market Taxonomy
| Product Type |
|
| Display |
|
Fact.MR’ report profiles key players in the global speech generating devices market, which include Tobii Dynavox, Prentke Romich Company, Inc., Lingraphica, Abilia Toby Churchill Limited, AMDi, Textspeak, Saltillo Corporation, Zyteq Pty Ltd., and Zygo USA.
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/27/2007702/0/en/Tricuspid-Valve-Repair-Market-Poised-for-Astounding-Growth-Through-2029-Fact-MR-Projects-Annuloplasty-Rings-to-Remain-Top-Selling.html
Explore Fact.MR’s Comprehensive Coverage on Healthcare Landscape
Percussion Vests Market Forecast, Trend Analysis, & Competition Tracking – Global Review 2020 to 2030- https://www.factmr.com/report/5263/percussion-vests-market
Continuous Cardiac Monitoring Systems Market Forecast, Trend Analysis, & Competition Tracking – Global Review 2020 to 2030- https://www.factmr.com/report/5265/continuous-cardiac-monitoring-systems-market
Handheld Fluorescence Imaging Devices Market Forecast, Trend Analysis, & Competition Tracking – Global Review 2020 to 2030 – https://www.factmr.com/report/5266/handheld-fluorescence-imaging-devices-market
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
