Unilateral Vocal Cord Paralysis Market 2023 Insight – by Stryker Corporation, Hoya Corporation, Teleflex Incorporated, Therapy Solutions Inc., etc

The Global Unilateral Vocal Cord Paralysis Market is expected to grow at the rate of 3.6% during the forecast period (2018–2023).

Unilateral vocal cord paralysis is a speech disorder caused by neurological complications, it is the condition where one vocal cord does not move or shows less movement. It can cause a breathy voice, swallowing disability, weak cough and shortness of breath. The increasing cases of speech disorders, rising healthcare expenditure, and technological advancement are the major factors driving the growth of the global unilateral vocal cord paralysis market. Moreover, the growing prevalence of head and neck cancers is likely to boost the growth of the market. According to the American Society of Clinical Oncology (ASCO), It was estimated that 64,690 people will suffer from head and neck cancers and 13,740 deaths will occur due to head and neck cancer in the year 2017.

The increasing surgical treatment rates and scarcity of experts are likely to hinder the market growth during the forecast period.

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Key Players for Global Unilateral Vocal Cord Paralysis Market

Market Research Future (MRFR) recognizes the following companies as the key players in Unilateral Vocal Cord Paralysis Market: There are plenty of large and small market players which operate in this market all over the globe.

Some of the key players in the global unilateral vocal cord paralysis market are Stryker Corporation, Hoya Corporation, Teleflex Incorporated, Therapy Solutions Inc., Smiths Group plc, Smart Speech Therapy LLC, Olympus Corporation of the Americas, Medtronic Plc., KARL STORZ SE & Co. KG, RENÚ, Cytophil, Inc., Acclarent, Inc.

Segments for Global Unilateral Vocal Cord Paralysis Market

The global unilateral vocal cord paralysis market has been segmented on the basis of treatment, diagnosis, and end-user.

On the basis of treatment, the market has been classified into medical treatment and surgical treatment. The medical treatment segment has been further divided into medication and voice therapy. The voice therapy segment has been further divided into direct voice therapy, voice hygiene treatment, and voice test environment treatment. Direct voice therapy subsegment has been classified into flow phonation and resonant voice and respiratory support technique. Surgical treatment segment has been divided into endoscopic injection and permanent treatment. Permanent treatment segment has been further divided into vocal fold injection and laryngeal framework surgery.

The diagnosis segment has been divided into laryngoscopy and laryngeal electromyography (LEMG) and blood test & scans. Blood test and scans segment has been further classified into X-rays, CT scans, MRI scans.

The market, by end-user, has been segmented into hospitals, clinics, diagnostic centers, and others.

Regional Analysis for Global Unilateral Vocal Cord Paralysis Market

The Americas are likely to dominate the global unilateral vocal cord paralysis market growing prevalence of voice disorders, the presence of a well-established healthcare sector, and increased expenditure for the healthcare sector. According to the National Institute on Deafness and other Communication Disorders (NIDCD) around 7.6% of the total adult population is suffering from speech-related problems.

The European market is expected to be the second-largest unilateral vocal cord paralysis market. The market growth in this region can be attributed to the favorable reimbursement policies, advancement in technology and increasing healthcare expenditure due to high per capita income. According to an article published in 2016 by the World Health Organization (WHO), The European Nations (EU28) has spent 7.1 % of GDP on healthcare and it was around USD1000 billion.

Asia-Pacific is expected to show prominent growth during the forecast period owing to the government support and funding for healthcare, increasing prevalence of speech disorders, rising investments in healthcare, huge patient pool and increasing prevalence of head and neck injuries are anticipated to propel the market growth as these injuries can lead to vocal cord paralysis. According to the Indian Head Injury Foundation, India has the highest rate of head injuries in the world. It also stated that in India, more than 100,000 lives are lost every year with over 1 million suffering from serious head injuries.

The market in the Middle East & Africa is expected to hold the smallest share of the global unilateral vocal cord paralysis market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.

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