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What will drive the Asia-Pacific towards exponentiation in Speech Generating Devices Market : FactMR

01-24-2022 10:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact Mr

As per Fact.MR, a market research and competitive intelligence provider, the global speech generating devices market is anticipated to top US$ 550 Mn by 2031, surging at a CAGR of 10% over the next ten years. Electronic devices that allow users to select messages to be spoken aloud are known as a speech generating devices. Speech generating devices, also known as voice output communication aids, allow people with severe speech impairments to communicate verbally.

The text and updating vocabulary of SGDs are influenced by a variety of factors, including patient needs and circumstances. Many technological advancements in electronic technology have occurred over time to make devices more user-interactive and portable.

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Key Segments Covered in Speech Generating Devices Industry Research
• Product
o Speech Generating Synthesized Speech Devices
o Speech Generating Text-to-Speech Devices
o Speech Generating Picture Communicators

• Display
o Speech Generating Devices with Static Display
o Speech Generating Devices with Dynamic Display

• Technology
o Speech Generating Through Manual Devices
o Speech Generating Through Head Tracking Technology
o Speech Generating Through Eye Tracking Technology

• Distribution Channel
o Hospitals
o Specialty Clinics
o e-Commerce

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Key Takeaways from Market Study

Global speech generating devices market to top US$ 550 Mn by 2031.

Text-to-Speech devices projected to reach around US$ 140 Mn by 2031.

Synthesized speech devices projected to record above 8% CAGR over next 10 years.

Market in North America holds share of more than 50%.

Market in Canada expected to reach valuation of US$ 50 Mn by 2031.

Market in Australia to record 7% CAGR over forecast period of 2021 - 2031.

Fact.MR’s Domain Knowledge in Healthcare
Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support - encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

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