The voice prosthesis devices are developed using medical grade materials like silicone rubber as well as other materials that exhibit less immunological rejection inside the patient’s body. At present, numerous researches are being conducted by the public and private research institutes to advance the materials. The demand for voice prosthesis has increased over the years with the increasing acceptability as well as awareness pertaining to voice prosthesis devices.
The global voice prosthesis devices market is projected have a lucrative run at the CAGR of 5.6% during the forecast period (2018-2023), reports Market Research Future (MRFR) with the rise in viable reimbursement scenarios within the developing regions for a variety of conditions, the voice prosthesis market is bound to display a gainful performance in the coming years.
The voice prosthesis device market is slated to have a healthy growth during the evaluation period as the cases related to voice issues are increasing. This factor has also elevated the acceptability level of the product around the globe.
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National Institute on Deafness and Other Communication Disorders (NIDCD) reports that around 7.5 million or more people in the United States (U.S) are afflicted with voice issues. Moreover, currently manufacturers are striving to customize the voice prosthesis device size so that it can be easily fixed inside the patient’s body and can function more effectively.
The worldwide voice prosthesis devices market is segmented on the basis of product type, valve type and end user.
depending on the product type, is considered for indwelling voice prosthesis devices and non-dwelling voice prosthesis devices. Between these, the indwelling voice prosthesis devices market will be projecting the maximum growth over the assessment period, backed by the growth in the cases of voice disorders across the globe.
The valve types covered by the report are Blom-Singer valve, Provox valve, and Groningen valve. Provox valves are the ruling segment in the voce prosthesis market. The built-in features of provox valves including the ability of detecting early leakage around the valve, less requirement to maintain the device and the low speaking effort needed are responsible for its exceptional growth in the worldwide market.
The end users in the voice prosthesis devices market are hospitals, clinics, diagnostic centers, ambulatory surgical centers, research & academic institutes. Out of these, the hospitals segment is expected to seize the biggest market share based on the rising cases of laryngeal cancer. Furthermore, the diagnostic centers are presumed to surge at the best growth rate on account of the elevated demand for early diagnosis.
Top Key Market Vendors
Some of the top vendors in the global voice prosthesis devices market include Teleflex Medical Europe Ltd., InHealth Technologies, Sonova, Smiths Medical, Atos Medical, HEIMOMED Heinze, SERVONA GmbH, Andreas Fahl Medizintechnik – Vertrieb GmbH, Johnson & Johnson Services Inc., and others.
Chapter 11. Company Profiles
11.1 Atos Medical
11.1.1 Company Overview
11.1.2 Product Overview
11.1.3 Financials Overview
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 Teleflex Medical Europe Ltd.
11.2.1 Company Overview
11.2.2 Product Overview
11.2.3 Financial Overview
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.3 Johnson & Johnson Services, Inc.
11.3.1 Company Overview
11.3.2 Product Overview
11.3.3 Financial Overview
11.3.4 Key Development
11.3.5 SWOT Analysis
11.4.1 Company Overview
11.4.2 Product Overview
11.4.3 Financial Overview
11.4.4 Key Development
11.4.5 SWOT Analysis
11.5 Andreas Fahl Medizintechnik – Vertrieb GmbH
11.5.1 Company Overview
…To be Continued.
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LIST OF TABLES
Table 1 Global Voice Prosthesis Devices Market Synopsis, 2018–2023
Table 2 Global Voice Prosthesis Devices Market Estimates And Forecast, 2018–2023 (USD Million)
Table 3 Global Voice Prosthesis Devices Market, By Region, 2018–2023 (USD Million)
Table 4 Global Voice Prosthesis Devices Market, By Product Type, 2018–2023 (USD Million)
Table 5 Global Voice Prosthesis Devices Market, By Valve Type, 2018–2023 (USD Million)
Table 6 Global Voice Prosthesis Devices Market, End User, 2018–2023 (USD Million)
Table 7 North America: Voice Prosthesis Devices Market, By Product Type, 2018–2023 (USD Million)
Table 8 North America: Voice Prosthesis Devices Market, By Valve Type, 2018–2023(USD Million)
Table 9 North America: Voice Prosthesis Devices Market, End User, 2018–2023 (USD Million)
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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.
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