Voice Prosthesis Devices Market 2019 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
Overview:
Global Voice Prosthesis Devices Market is expected to grow at an approximate CAGR of 5.6% during forecast period, 2018–2023.
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.
Various other factors such as increasing cases of throat cancer, technological advancements, favourable reimbursement, presence of a large target patient population and rising patient awareness regarding the benefits of voice prosthesis devices are also expected to propel the growth of the market.
However, complications associated with voice prosthesis device, and high cost of device can hamper the market growth over the forecast period.Rising cases of laryngeal cancer is one of the key factors driving the voice prosthesis devices market.
Segmentation:
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.
Get Free Sample at https://www.marketresearchfuture.com/sample_request/1330
Regional Analysis
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.
Competitive Landscape:
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.
Brows Complete Premium Research at https://www.marketresearchfuture.com/reports/medical-nutrition-market-1330
Research Methodology
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 analysing 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.
About Market Research Future: Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar, Pune
+1 646 845 9312
Your information will never be shared with any third party.