Press release
Voice Prosthesis Devices And Equipment Global Market 2023 | Key Companies - Atos Medical, Acclarent Inc., HEIMOMED Heinze, Sonova Holding AG, InHealth Technologies | Forecasts Till 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Voice Prosthesis Devices And Equipment Global Market Report 2023 identifies The voice prosthesis device and equipment market is driven by an increasing number of cases of larynx cancer. Larynx cancer is a disease in which cancer cells form tissue in the larynx and cause a sore throat and ear pain. According to the WHO, there were 99840 deaths reported in 2020 due to Larynx cancer.
The global voice prosthesis devices and equipment market size will grow from $1.57 billion in 2022 to $1.77 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The voice prosthesis devices and equipment market size is expected to grow to $2.69 billion in 2027 at a CAGR of 11.0%.
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Major competitors in the Voice Prosthesis Devices And Equipment market are Atos Medical, Andreas Fahl Medizintechnik-Vertrieb, Servona, Acclarent Inc., (A Subsidiary of Johnson & Johnson), Karl Storz Gmbh & Co. Kg, Smith & Nephew PLC., InHealth Technologies, HEIMOMED Heinze, Sonova Holding AG, and William Demant Holding A/S.
High equipment cost of voice prosthesis devices and equipment hampers the voice prosthesis devices and equipment market growth. High equipment costs refer to the replacement of prosthesis devices and equipment after a certain period. For instance, the JAMA Otolaryngol Head Neck Surgery center found that the average life of the prosthesis devices and equipment is 3-6 months after which the device has to be changed.
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The Voice Prosthesis Devices And Equipment market is segmented -
• By Device Type: Indwelling Voice Prosthesis Devices, Non-Indwelling Voice Prosthesis Devices
• By Product Type: Soft Valve Assembly, Hard Valve Assembly, Other Product Types
• By Valve Type: Blom-Singer valve, Provox valve, Groningen valve
• By Material: Silicone Rubber, Silicone, Fluoroplastic, Silver Oxide, Other Materials
• By End User: Hospitals, Ambulatory Surgical Centers, Clinics
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Voice Prosthesis Devices And Equipment market.
The Business Research Company's "Global Voice Prosthesis Devices And Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Voice Prosthesis Devices And Equipment Market Include:
1. Executive Summary
2. Voice Prosthesis Devices And Equipment Market Characteristics
3. Voice Prosthesis Devices And Equipment Market Trends And Strategies
4. Voice Prosthesis Devices And Equipment Market - Macro Economic Scenario
5. Voice Prosthesis Devices And Equipment Market Size And Growth
.....
26. Africa Voice Prosthesis Devices And Equipment Market
27. Voice Prosthesis Devices And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Voice Prosthesis Devices And Equipment Market
29. Voice Prosthesis Devices And Equipment Market Future Outlook and Potential Analysis
30. Appendix
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