Voice Prosthesis Devices Market Analysis by Product Type, Applications, Industry Trend, Size, Share and Outlook 2023
Voice Prosthesis Devices Market Research Report: By Product Type (Indwelling, and Non-Dwelling Voice Prosthesis Devices), Valve Type (Blom-Singer, Provox, and Groningen Valve), End User (Hospitals, Clinics, and Others) – Global Forecast Till 2023
Rising cases of laryngeal cancer is boosting the voice prosthesis devices market. According to the National Cancer Institute, around 13,150 new cases of laryngeal cancer were registered in 2018, which is around 0.8% of all new cancer cases.
Voice Prosthesis Devices Market Key Players
Some of the key players in the global voice prosthesis devices market are Atos Medical, Teleflex Medical Europe Ltd., Johnson & Johnson Services, Inc., Sonova, Andreas Fahl Medizintechnik – Vertrieb GmbH, InHealth Technologies, HEIMOMED Heinze, Smiths Medical, SERVONA GmbH, and others.
Global Voice Prosthesis Devices Market Is Expected to Grow at An Approximate CAGR of 5.6% During Forecast Period, 2018–2023.
The Global voice prosthesis devices market is segmented based on product type, valve type, end user and region.
The global market for voice prosthesis devices, by product type is segmented into indwelling voice prosthesis devices and non-dwelling voice prosthesis devices. The indwelling voice prosthesis devices market is expected to command the largest market share over the review period due to increasing cases of voice disorders.
The market, by valve type, is segmented into Blom-Singer valve, Provox valve, and Groningen valve
Based on end user, voice prosthesis devices market is segmented into hospitals, clinics, diagnostic centers, ambulatory surgical centers, research & academic institutes.
The Americas dominated the global market for voice prosthesis devices owing to presence of major market players and increased prevalence of voice disorders within the region. According to the American Speech-Language-Hearing Association, voice disorders have been estimated to be present in between 3% to 9% of the US population. It is also reported that the prevalence is higher in adult females than in adult males i.e. 1.5:1.0.
Europe is expected to hold the second largest position in the global voice prosthesis devices market. The market growth in this region is attributed to the improvement in healthcare related research & development activities.
Asia Pacific was projected to be the fastest growing region in 2017. Factors such as, growing cases of throat cancer, increasing healthcare expenditure, and increasing participation of healthcare organizations drives the regional markets of the Asia Pacific region.
On the other hand, the Middle East and Africa held least share in the global voice prosthesis devices market due to the low per capita income, especially within the African region.
- Medical Device Companies
- Government and Private Laboratories
- Research and Development (R&D) companies
- Medical Research Laboratories
- Market Research and Consulting Service Providers
Market Research Future research is conducted by industry experts who offer insights into industry structure, market segmentation, assessment, Competitive Landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~ 80%) and secondary research (~ 20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years, by analyzing historical trends and current market positions. Furthermore, the varying trends of segments and categories geographically presented are studied and are estimated based on the primary and secondary research.
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