The global Voice Prosthesis Devices Market is Expected to Grow at projected lucrative run at the growth rate of 5.6% during the forecast period (2018-2023), research by Market Research Future (MRFR).
Voice Prosthesis Devices Market Overview
Voice prosthesis is the most common way to restore speech after laryngectomy. The device is placed between the esophagus and trachea during the total laryngectomy, or in a secondary puncture. Voice prosthesis devices find massive demand amongst the patients that suffer from voice problem, which is generally brought on by old age.
The most affected patients are in the age group of 30 to 50, who mostly benefit from voice prosthesis devices. 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.
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With that said, the high costs of voice prosthesis device could have a debilitating effect on the market growth in the future. But, with the growing prevalence of voice related issues in low- and middle-income countries owing to the lack of oral sanitation along with excessive consumption of alcohol and tobacco, the voice prosthesis market will be presented with several growth opportunities in the subsequent years
Some of the top vendors in the global voice prosthesis devices market include
- Teleflex Medical Europe Ltd.
- InHealth Technologies
- Smiths Medical
- Atos Medical
- HEIMOMED Heinze
- SERVONA GmbH
- Andreas Fahl Medizintechnik – Vertrieb GmbH
- Johnson & Johnson Services Inc.
- and others..
Market Drivers and Key Challenges
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 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.
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.
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Voice Prosthesis Devices Market Segmentation
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.
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 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.
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)
…To be Continued
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Global Voice Prosthesis Devices Market, by Region
- North America
- South America
- North America
- Western Europe
- Rest of Western Europe
- Eastern Europe
- Western Europe
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Middle East
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