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Speech Generating Devices Market to Experience Significant Growth during the Forecast Period 2017-2022 || Top Market Competitors- Abilia Toby Churchill Limited, AMDi, Saltillo Corporation, Zyteq Pty Ltd., Tobii Dynavox, Prentke Romich Company, Lingraphica

11-16-2018 08:42 AM CET | Health & Medicine

Press release from: Fact.MR

Fact.MR

Fact.MR

Speech Generating Devices (SGDs), an assistive technology, are electronic augmentative & alternative communication (AAC) systems enabling individuals with severe speech impairments to verbally communicate. Organization, content, and updating vocabulary of SGDs are influenced by numerous factors such as patient’s requirements, and contexts in which the devices will be utilized. Several input and display methods of SGDs are available, including fixed display, dynamic display, and talking keyboards, for users with varying speech disabilities.

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According to Fact.MR’s recent report, the global market for speech generating devices is expected to register a staggering expansion at a CAGR of 12.2% during the forecast period 2017 to 2022. The report projects the revenues from global speech generating devices market to account for US$ 168.6 Mn in 2017; by 2022 this number is expected to reach nearly US$ 300 Mn.

Projections for the Global Speech Generating Devices Market

North America will continue to be the most lucrative region for growth of the speech generating devices market, followed by Europe. Revenue from sales of speech generating devices in North America is expected to reach US$ 126.7 Mn by 2022-end.
Sales of speech generating devices in Asia-Pacific excluding Japan (APEJ) will continue to register the fastest expansion during the forecast period.
Synthesized speech devices will remain preferred among products in the market, followed by picture communicators.
Sales of text-to-speech devices are expected to register the highest CAGR in the market through 2022.
On the basis of display, although static display for speech generating devices will remain sought-after in the market, sales of dynamic display will exhibit a comparatively faster expansion throughout the forecast period.
Specialty clinics are expected to remain the largest distribution channel for sales of speech generating devices, expanding at the highest CAGR through 2022.
Hospitals will continue to hold second position in the market based on distribution channel, to account for more than US$ 100 Mn by 2022-end.
By technology, manual speech generating devices will witness largest adoption, followed by head tracking and eye tracking technology-based speech generating devices.
MR’ report profiles key players in the global speech generating devices market, which include Tobii Dynavox, Prentke Romich Company, Inc., Lingraphica, Abilia Toby Churchill Limited, AMDi, Textspeak, Saltillo Corporation, Zyteq Pty Ltd., and Zygo USA.
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North America to Remain the Most Lucrative Market for Speech Generating Devices

North America is estimated to remain the most lucrative region in the global market for speech generating devices, followed by Europe. In North America, sales of speech generating devices is expected to account for revenues worth US$ 126.7 Mn by 2022-end. Speech generating devices market in Asia Pacific excluding Japan (APEJ) is expected to register the fastest expansion through 2022.

By product type, synthesized speech devices are expected to remain preferred in the global market for speech generating devices, followed by picture communicators. Text-to-speech devices’ sales are expected to exhibit the highest CAGR through 2022.

Static Display for Speech Generating Devices to Remain Sought-After in the Market

On the basis of display, even though speech generating devices with static display will remain sought-after, sales of speech generating devices with dynamic display will continue to exhibit a comparatively higher CAGR through 2022.

Specialty clinics will remain dominant among distribution channels in the global speech generating devices market, witnessing expansion at the highest CAGR during the forecast period. Hospitals will remain the second most lucrative distribution channel for speech generating devices in the market, estimated to account for over US$ 100 Mn by 2022-end. Based on technology, manual segment will witness the largest adoption in the market, followed by eye tracking and head tracking technology-based speech generating devices.

Table of Content:

Chapter 1 .Global Speech Generating Devices Market - Executive Summary .29
Chapter 2 .Global Speech Generating Devices Market Overview .31
2.1 .Introduction .31
       2.1.1 .Global Speech Generating Devices Market Taxonomy .31
       2.1.2 .Global Speech Generating Devices Market Definition .31
2.2 .Global Speech Generating Devices Market Size (US$ Mn) and Forecast, 2012-2022 .32
       2.2.1 .Global Speech Generating Devices Market Y-o-Y Growth .32
2.3 .Global Speech Generating Devices Market Dynamics .32
       2.3.1 .Drivers .32
       2.3.2 .Restraints .33
       2.3.3 .Trends .33
2.4 .Supply Chain .33
2.5 .List of Distributors .33
2.6 .Installed Bases .34
2.7 .Average Pricing Analysis .34
2.8 .Regulations .34
2.9 .Key Participants Market Presence (Intensity Map) By Region .34

Chapter 3 .Global Speech Generating Devices Market Analysis and Forecast By Product Type .35
3.1 .Global Speech Generating Devices Market Size and Forecast By Product Type, 2012-2022 .35
       3.1.1 .Synthesized Speech Devices Speech Generating Devices Market Size and Forecast, 2012-2022 .35
                3.1.1.1 .Revenue (US$ Mn) Comparison, By Region .35
                3.1.1.2 .Market Share Comparison, By Region .37
                3.1.1.3 .Y-o-Y growth Comparison, By Region .37
       3.1.2 .Text-to-speech Devices Speech Generating Devices Market Size and Forecast, 2012-2022 .38
                3.1.2.1 .Revenue (US$ Mn) Comparison, By Region .38
                3.1.2.2 .Market Share Comparison, By Region .40
                3.1.2.3 .Y-o-Y growth Comparison, By Region .41
       3.1.3 .Picture Communicators Speech Generating Devices Market Size and Forecast, 2012-2022 .41
                3.1.3.1 .Revenue (US$ Mn) Comparison, By Region .41
                3.1.3.2 .Market Share Comparison, By Region .43
                3.1.3.3 .Y-o-Y growth Comparison, By Region .44

Chapter 4 .Global Speech Generating Devices Market Analysis and Forecast By Display .45
4.1 .Global Speech Generating Devices Market Size and Forecast By Display, 2012-2022 .45
       4.1.1 .Static Display Speech Generating Devices Market Size and Forecast, 2012-2022 .45

 

Continued……………..

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market Insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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