Press release
Speech Impairment Market Growth, Insights by 2026 | Acapela Group, Advanced Voice Recognition Systems,Inc, XMedius, BioTrust ID B.V, Cleveland Clinic
Global speech impairment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares speech impairment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.Global Speech Impairment Market By Type (Speech Disorder, Language Disorder, Apraxia, Autism Spectrum Disorder (ASD), Other), Age Group (Pediatrics, Adults, Elderly), Geography (North America, Europe, Asia-Pacific, South America and Middle East and Africa) - Industry Trends and Forecast to 2026
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Segmentation: Global Speech Impairment Market
By Type
Speech Disorder
Articulation Disorders
Fluency Disorders
Resonance or Voice Disorders
Language Disorder
Receptive Disorders
Expressive Disorders
Cognitive-Communication Disorders
Apraxia
Autism Spectrum Disorder (ASD)
Other
By Age Group
Pediatrics
Adults
Elderly
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In 2019, Mubaloo, launched talk assist app that uses "iOS' text-to-speech software" for providing support during communication to the speech impairment individuals. Through this app users can now access a content library for different genders and can set the speed of the speaking voice. With this launch the company has enhanced its product portfolio in the market
In 2016, Saskatchewan announced the launch of "Text with 911" for speech and hearing impaired individuals. It allows people who are suffering from deafness, speech impairment for registering their cellphones to communicate with 911 operators through text. With this launch the company will enhance the quality of life for the individual who are suffering from speech impairment and hearing loss
Competitive Analysis:
Reasons to Purchase this Report
Current and future of global speech impairment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Key Market Competitors:
Few of the major competitors currently working in global speech impairment market are: Smart speech therapy, Speech Therapy Solutions, Inc., Talk Speech and Language Therapy Ltd, Glenda Browne Speech Pathology, Benchmark Therapies, Inc, Speech Plus, Integrated Treatment Services, Speechworks Therapy Services, Acapela Group, Advanced Voice Recognition Systems,Inc, XMedius, BioTrust ID B.V, Cleveland Clinic and Therapy Solutions Inc, among others.
Market Analysis:
Global speech impairment market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. The growth of the market can be attributed to the rising in chronic illness such as brain injuries, tumors and Parkinson's diseases among others.
Market Definition:
Speech disorders, also known as speech impairment. It is a communication disorder where person general speech is interrupted and the person cannot talk adequately. The disorder act as a barrier to the ability of person to communicate in effective way. It also has the impact on daily activities of an individual and affects mental welfare. Speech disorders are of various types such as stammering, apraxia, strewing and dysarthria among others.
Market Drivers
Increasing incidence of speech disorders including stuttering, apraxia among the children and adults will flourish the growth of this market
Awareness about the several disorders along with the availability of effective speech therapy is also boosting the market in the forecast period
Government initiatives to promote effective speech therapy and for the investments in health care facilities is propelling the market in the forecast period
Growing geriatric population will fuel the market for a long run
Market Restraints
High cost of treatment is hindering the market in the forecast period
Unavailability of speech therapy in remote areas will also hamper the market growth
Lack of medical professionals along with the insufficient standard tools for the diagnosis and treatment of speech disorders is restraining the growth of the market
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