Healthcare

Voice Prosthesis Devices And Equipment Market Commodities, High Growth Opportunities, Segmentation, Market Trends By 2024-2033|Atos Medical AB, Andreas Fahl Medizintechnik – Vertrieb GmbH, Servona GmBH, Acclarent Inc., Karl Storz Gmbh & Co. Kg

The Voice Prosthesis Devices And Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

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According to The Business Research Company’s Voice Prosthesis Devices And Equipment Global Market Report 2024, The voice prosthesis devices and equipment market size has grown rapidly in recent years. It will grow from $1.76 billion in 2023 to $1.98 billion in 2024 at a compound annual growth rate (CAGR) of 12.2%. The growth in the historic period can be attributed to prevalence of laryngeal cancer, aging population, speech rehabilitation awareness, support from healthcare providers.

The voice prosthesis devices and equipment market size is expected to see rapid growth in the next few years. It will grow to $3.03 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to minimally invasive techniques, emerging markets growth, regulatory support and reimbursement, telehealth and remote speech therapy. Major trends in the forecast period include improved device materials, speech recognition technology, customization and patient-specific solutions, rehabilitation apps and digital tools.

The increasing number of larynx cancers is expected to boost the growth of the voice prosthesis devices and equipment market going forward. Larynx cancer, also known as laryngeal cancer, refers to a type of cancer that develops in the tissues of the larynx, which is commonly referred to as the voice box. Laryngeal cancer often requires surgical removal of the larynx (total laryngectomy) to treat the disease. This surgical procedure results in the loss of the patient’s natural voice. Consequently, individuals who undergo laryngectomy may seek voice restoration options, creating a demand for voice prosthesis devices. For instance, in January 2023, according to a report published by the American Cancer Society, a US-based health organization, about 12,380 new cases of laryngeal cancer are anticipated in 2023 (9,900 cases will affect men and 2,480 cases will affect women). Laryngeal cancer will claim the lives of approximately 3,820 persons in 2023 (3,070 men and 750 women). Therefore, the increasing number of larynx cancers is driving the growth of the voice prosthesis devices and equipment market.

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The voice prosthesis devices and equipment market covered in this report is segmented –

1) By Device Type: Indwelling Voice Prosthesis Devices; Non-Indwelling Voice Prosthesis Devices

2) By Product Type: Soft Valve Assembly; Hard Valve Assembly; Other Product Types

3) By Valve Type: Blom-Singer valve; Provox valve; Groningen valve

4) By Material: Silicone Rubber; Silicone; Fluoroplastic; Silver Oxide; Other Materials

5) By End User: Hospitals; Ambulatory Surgical Centers; Clinics

The voice prosthesis devices and equipment market report table of contents includes:

Executive Summary
Voice Prosthesis Devices And Equipment Market Characteristics
Voice Prosthesis Devices And Equipment Market Trends And Strategies
Voice Prosthesis Devices And Equipment Market – Macro Economic Scenario
Global Voice Prosthesis Devices And Equipment Market Size and Growth

Voice Prosthesis Devices And Equipment Market Competitive Landscape And Company Profiles
Global Voice Prosthesis Devices And Equipment Market Competitive Benchmarking
Global Voice Prosthesis Devices And Equipment Market Competitive Dashboard
Key Mergers And Acquisitions In The Voice Prosthesis Devices And Equipment Market
Voice Prosthesis Devices And Equipment Market Future Outlook and Potential Analysis

Top Major Players