What are the latest figures on the speech and language disorder market’s size and projected CAGR?
The speech and language disorder market size has grown strongly in recent years. It will grow from $8.71 billion in 2024 to $9.33 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increased awareness about speech and language disorders, increased research and development, increased use of speech therapy apps, growth in specialized clinics and centers, and growth in government initiatives.
The speech and language disorder market size is expected to see strong growth in the next few years. It will grow to $12.11 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing use of cloud-based solutions, growing public and private investment, growing demand for school-based speech therapy, rising prevalence of autism spectrum disorder, and rising investment in healthcare infrastructure. Major trends in the forecast period include technological advancements, the adoption of teletherapy, the integration of artificial intelligence, and the adoption of virtual reality.
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Which Market drivers have played a significant role in driving the speech and language disorder market?
The increasing cases of neurodegenerative diseases is expected to propel the growth of the speech and language disorder market going forward. Neurodegenerative diseases are a group of progressive disorders, such as Alzheimer’s disease, Parkinson’s disease, and Amyotrophic Lateral Sclerosis (ALS), characterized by the gradual and irreversible loss of neurons, leading to cognitive, motor, and functional impairments. The case of neurodegenerative diseases is increasing due to the aging global population, rising life expectancy, and greater awareness and diagnosis of these conditions. Speech and language disorder treatment can provide valuable insights into the progression of the disease and help in improving the quality of life for affected individuals, enhancing both practical and emotional aspects of the individual’s life. For instance, in April 2023, according to the Centers for Disease Control and Prevention, a US-based government agency, Alzheimer’s disease affected around 6.7 million Americans in 2023, with that figure expected to nearly triple to 14 million by 2060. Therefore, the increasing number of cases of neurodegenerative diseases is driving the growth of the speech and language disorder market.
What are the key segments within the speech and language disorder market?
The speech and language disorder market covered in this report is segmented –
1) By Type: Hardware, Software
2) By Category: Adults, Pediatrics
3) By Disorder Type: Articulation Disorders, Phonological Disorders, Voice Disorders Or Resonance Disorders, Language Disorders, Other Disorder Types
4) By Cause: Stroke, Injury, Neurodegenerative Diseases, Other Causes
5) By End User: Healthcare Facilities, Speech Therapy Centers, Rehabilitation Centers, Other End Users
Subsegments:
1) By Hardware: Assistive Devices, Wearable Devices
2) By Software: Speech Recognition Software, Speech Therapy Applications, Language Processing Software, Cognitive Training Software
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Which key players are shaping the speech and language disorder market?
Major companies operating in the speech and language disorder market are Kindred Healthcare LLC, Nuance Communications Inc., Reliant Rehabilitation Holdings Inc., BenchMark Physical Therapy Institute LLC, Children’s Hospital of Eastern Ontario, National Institute of Physical Medicine and Rehabilitation, Amplio Learning Technologies Inc., John McGivney Children’s Centre, Expressable Inc., Rehabilitation Associates Inc., Constant Therapy Health Inc., Genesis Rehab Services LLC, Powerback Rehabilitation, Smart Speech Therapy LLC, Speech Therapy Solutions Inc., Speech Plus, Speech Pathways LLC, Canary Speech Inc., Imanyco Inc., Voiceitt Inc., Tactus Therapy Solutions Ltd, Virtual Speech Center Inc.
Which transformative trends will shape the speech and language disorder market landscape?
Major companies operating in the speech and language disorder market are focusing on developing innovative technologies, such as AI-based speech therapy platforms, to enhance accessibility, improve outcomes, and meet the demand for personalized, effective interventions. Artificial intelligence (AI)-based speech therapy platforms are computer programs or systems that make use of AI technology to deliver speech treatment remotely. For instance, in August 2023, Better Speech LLC, a US-based provider of speech therapy services, introduced Jessica, an innovative AI speech therapist that offers individualized therapy sessions that are available from any device, 24/7. Jessica assesses and enhances speech patterns using technology like voice recognition and natural language processing, which makes therapy more convenient, inexpensive, and entertaining.
How do regional factors impact the speech and language disorder market, and which region is the largest contributor?
North America was the largest region in the speech and language disorder market in 2023. The regions covered in the speech and language disorder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Speech And Language Disorder Market Report 2025 Offer?
The speech and language disorder market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Speech and language disorders are conditions that impair an individual’s ability to communicate effectively. They can affect various components of communication, including the production of speech sounds, understanding and processing language, and the ability to express thoughts and ideas. These disorders can impact both verbal and non-verbal communication, making it challenging for individuals to interact and engage in everyday activities.
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