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Dyslexia Treatment Market Size, Analysis, Trends, Opportunities And Strategies 2024-2033
Dyslexia Treatment Market Size
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According to The Business Research Company's, The dyslexia treatment market size has grown strongly in recent years. It will grow from $26.36 billion in 2023 to $28.14 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to global collaboration and sharing of best practices, shifting societal attitudes towards learning disabilities, adoption of comprehensive treatment plans that incorporate psychological, educational, and medical interventions, enhanced funding from government and private sectors for research and educational programs, implementation of laws and regulations mandating support for students with learning disabilities.
The dyslexia treatment market size is expected to see strong growth in the next few years. It will grow to $37.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to growing awareness about dyslexia among parents, implementation of inclusive education policies and specialized educational programs for dyslexic students, an increase in the diagnosed cases of dyslexia, continuous training and development programs for educators and therapists, the rise of telehealth and online therapy services. Major trends in the forecast period include artificial intelligence tools for early diagnosis and customized treatment plans, the use of software-based interventions, the use of real-time brain activity monitoring to help individuals improve their reading skills, advanced speech-to-text applications to aid in reading and writing for dyslexic users, demand for devices that monitor cognitive functions and provide feedback to support learning and concentration.
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Market Drivers and Trends:
An increase in the prevalence of neurological disorders is expected to propel the growth of the dyslexia treatment market going forward. Neurological disorders are medical conditions that affect the nervous system, including the brain, spinal cord, and nerves. The prevalence of neurological disorders is increasing due to factors such as an aging population, lifestyle changes, environmental factors, and improved diagnostic techniques that lead to better detection and reporting of these conditions. Dyslexia treatments, such as multisensory learning and cognitive training, show the potential to improve neurological disorders by enhancing brain plasticity and cognitive functions. For instance, in March 2024, according to the according to the World Health Organization, a Switzerland-based intergovernmental organization, more than 3 billion people globally were living with a neurological condition. Additionally, over 80% of deaths and health losses due to neurological conditions occur in low- and middle-income countries. Access to treatment varies significantly, with high-income countries having up to 70 times more neurological professionals per 100,000 people than low- and middle-income countries. Therefore, an increase in the prevalence of neurological disorders is driving the growth of the dyslexia treatment market.
Major companies operating in the dyslexia treatment market are focusing on developing advanced solutions, such as customized programs, to better serve customers. Customized programs refer to individualized educational plans and interventions tailored to meet the specific learning needs of students with dyslexia. For instance, in May 2021, Microsoft Corporation, a US-based technology company, partnered with Made by Dyslexia, a UK-based provider of philanthropic fundraising services, to launch a free online training program to assist teachers in identifying and supporting students with dyslexia. This initiative aims to equip educators with the knowledge to recognize both the strengths and challenges of dyslexic learners and to develop the skills needed to create inclusive classrooms. The training modules address various aspects of dyslexia awareness, effective teaching strategies, and technology tools designed to support dyslexic learners.
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• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Pfizer Inc., Astrazeneca Plc, Novartis AG, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Viatris Inc., Teva Pharmaceutical Industries Ltd., Purdue Pharma, Apotex Corporation, Endo International Plc, Amneal Pharmaceuticals LLC, Unither Pharmaceuticals LLC, RPG Life Sciences Ltd., Jubilant Pharma Limited, Breckenridge Pharmaceutical Inc., Rhodes Pharmaceuticals L.P., Cian Healthcare Pvt. Ltd, Lexia Learning Systems LLC, Wallace Pharmaceuticals Ltd., Ironshore Pharmaceuticals Inc., DK Pharmachem Pvt Ltd., Speechify Inc., Lingit AS, Lyfta, Nessy Learning Ltd.
Dyslexia Treatment Market 2024 Key Insights:
• The dyslexia treatment market size is expected to see strong growth in the next few years. It will grow to $37.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
• Growing Prevalence Of Neurological Disorders Drives Dyslexia Treatment Market Expansion
• Development Of Personalized Solutions In Dyslexia Treatment
• North America was the largest region in the dyslexia treatment market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Contact Us:
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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