8 Key Takeaways on Speech Generating Devices Market: Overview 2017, Demand by Regions, Share and Forecast to 2022

Posted on 2018-01-25 by Mark Hub in Healthcare // 0 Comments

Fact.MR

Rockville, US, 2018-Jan-25 — /EPR Network/ — The market for speech generating devices is growing with the expansion of this Industry Sector Worldwide. Fact.MR has added a new report titled “Speech Generating Devices Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” which offer details about the current trends as well as scope for the speech generating devices in the near future. This research study also covers information about the production and market share based on different active regions. According to Fact.MR’s recent report, the global market for speech generating devices is expected to register a staggering expansion at a CAGR of 12.2% during the forecast period 2017 to 2022. The report projects the revenues from global speech generating devices market to account for US$ 168.6 Mn in 2017; by 2022 this number is expected to reach nearly US$ 300 Mn.

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Static Display for Speech Generating Devices to Remain Sought-After in the Market

On the basis of display, even though speech generating devices with static display will remain sought-after, sales of speech generating devices with dynamic display will continue to exhibit a comparatively higher CAGR through 2022.

Specialty clinics will remain dominant among distribution channels in the global speech generating devices market, witnessing expansion at the highest CAGR during the forecast period. Hospitals will remain the second most lucrative distribution channel for speech generating devices in the market, estimated to account for over US$ 100 Mn by 2022-end. Based on technology, manual segment will witness the largest adoption in the market, followed by eye tracking and head tracking technology-based speech generating devices.

Projections for the Global Speech Generating Devices Market

1- North America will continue to be the most lucrative region for growth of the speech generating devices market, followed by Europe. Revenue from sales of speech generating devices in North America is expected to reach US$ 126.7 Mn by 2022-end.

2- Sales of speech generating devices in Asia-Pacific excluding Japan (APEJ) will continue to register the fastest expansion during the forecast period.

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3- Synthesized speech devices will remain preferred among products in the market, followed by picture communicators.

4- Sales of text-to-speech devices are expected to register the highest CAGR in the market through 2022.

5- On the basis of display, although static display for speech generating devices will remain sought-after in the market, sales of dynamic display will exhibit a comparatively faster expansion throughout the forecast period.

6- Specialty clinics are expected to remain the largest distribution channel for sales of speech generating devices, expanding at the highest CAGR through 2022.

7- Hospitals will continue to hold second position in the market based on distribution channel, to account for more than US$ 100 Mn by 2022-end.

8- By technology, manual speech generating devices will witness largest adoption, followed by head tracking and eye tracking technology-based speech generating devices.

Competition Tracking

Fact.MR’ report profiles key players in the global speech generating devices market, which include Abilia Toby Churchill Limited, AMDi, Saltillo Corporation, Zyteq Pty Ltd., Tobii Dynavox, Prentke Romich Company, Inc., Lingraphica, Textspeak, and Zygo USA.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Healthcare market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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