Press release
Demand for In-Dwelling Voice Prosthesis Devices is Predicted to Increase at a Healthy CAGR of 5% by 2033
According to a new industry analysis by Fact.MR, a market research and competitive intelligence provider, the global voice prosthesis devices market is valued at US$ 155.2 million in 2023 and is predicted to expand at a CAGR of 4.5% from 2023 to 2033. An artificial device called a voice prosthesis device is used to help laryngectomized patients speak. The tracheo-esophageal puncture, also known as the windpipe-food pipe junction, is where the voice prosthesis is inserted.The voice prosthesis device market is primarily driven by the development of effective and cutting-edge technologies, a rise in public awareness, the growing use of minimally-invasive ENT surgeries, and the rising prevalence of laryngectomized patients. The demand for voice prosthesis devices is also benefitting from the rising adoption of these devices in emerging nations. Based on product,
voice prosthesis devices are segmented into non-dwelling voice prosthesis devices and in-dwelling voice prosthesis devices. In-dwelling voice prosthesis devices are technologically similar and offer superior voice quality. As a result, in-dwelling voice prosthesis devices are gaining traction.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=8090?PJ
North America and Europe hold the major share of the global voice prosthesis devices market. According to the American Society of Clinical Oncology (ASCO), head and neck malignancies are the sixth most prevalent cancer forms worldwide. The number of patients suffering from such medical issues is sharply rising in recent years.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
โข The global market for voice prosthesis devices is projected to reach US$ 241 million by 2033.
โข Germany's market is predicted to expand at a CAGR of 3.5% during the forecast period.
โข Demand for voice prosthesis devices in China is expected to rise at an impressive CAGR of 7% during the forecast period.
โข Sales of in-dwelling voice prosthesis devices are predicted to rise at a high CAGR of 5% from 2023 to 2033.
"Rising prevalence of larynx cancer and throat-related disorders is boosting voice prosthesis devices market growth," says a Fact.MR analyst.
The market is driven by the increasing prevalence of voice disorders, the rising demand for minimally invasive surgeries, and the increasing geriatric population.
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐ฉ๐ซ๐๐ฏ๐๐ฅ๐๐ง๐๐ ๐จ๐ ๐ฏ๐จ๐ข๐๐ ๐๐ข๐ฌ๐จ๐ซ๐๐๐ซ๐ฌ
Voice disorders are a major public health problem affecting millions of people worldwide. The most common voice disorders are vocal cord nodules, polyps, and cancer. These disorders can cause a variety of symptoms, including hoarseness, breathiness, and loss of voice. Voice prosthesis devices are used to treat voice disorders by restoring the natural voice of the patient.
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ฆ๐ข๐ง๐ข๐ฆ๐๐ฅ๐ฅ๐ฒ ๐ข๐ง๐ฏ๐๐ฌ๐ข๐ฏ๐ ๐ฌ๐ฎ๐ซ๐ ๐๐ซ๐ข๐๐ฌ
Voice prosthesis devices are used in minimally invasive surgeries, which are associated with a shorter recovery time and lower risk of complications. The rising demand for minimally invasive surgeries is expected to drive the growth of the voice prosthesis devices market.
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐ ๐๐ซ๐ข๐๐ญ๐ซ๐ข๐ ๐ฉ๐จ๐ฉ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง
The geriatric population is more susceptible to voice disorders due to age-related changes in the vocal cords. The increasing geriatric population is expected to drive the growth of the voice prosthesis devices market.
๐๐๐ฒ ๐ญ๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ฏ๐จ๐ข๐๐ ๐ฉ๐ซ๐จ๐ฌ๐ญ๐ก๐๐ฌ๐ข๐ฌ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ
The following are some of the key trends in the voice prosthesis devices market:
โข Development of new and innovative voice prosthesis devices
โข Increased focus on patient-centricity
โข Government initiatives to promote the use of voice prosthesis devices
โข Rising awareness about voice disorders
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐
โข Andreas Fahl Medical Technology Sales GmbH
โข Atos Medical
โข HEIMOMED Heinze GmbH & Co. KG
โข Hood Laboratories
โข InHealth Technologies
โข Johnson & Johnson Services Inc
โข Servona GmbH
โข Smiths Medical
โข Sonova
โข Teleflex Incorporated
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐จ๐ข๐๐ ๐๐ซ๐จ๐ฌ๐ญ๐ก๐๐ฌ๐ข๐ฌ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก
โข By Device:
โข Non-dwelling
โข In-dwelling
โข By End User:
โข Hospitals
โข Clinics
โข By Region:
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia & Oceania
โข MEA
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:https://www.factmr.com/connectus/sample?flag=RC&rep_id=8090?PJ
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E Mail : sales@factmr.com
Fact.MR is a market research and consulting firm with deep expertise in emerging market intelligence. Ranging from Automotive and Industry 4.0 to Healthcare, Technology, Chemicals, Materials and even the most niche categories.
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