North America to Remain the Most Lucrative Market for Speech Generating Devices

Rockville, USA, 2019-Apr-03 — /EPR Network/ —  The global speech generating devices market is expected to exhibit a staggering expansion at 12.2% CAGR over the forecast period 2017 to 2022, according to a report by Fact.MR. The report anticipates the market to account for revenues worth US$ 168.6 Mn in 2017, and the market is further estimated to reach nearly US$ 300 Mn by 2022-end.

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Market Players Concentrating on Enhancing Touch-Screen Devices for Easy Navigation of Speech Generating Devices

A number of developments in the electronic technology over the past decade have enabled the speech generating devices to be portable and comparatively more user interactive. Several variants of speech generating devices are available on the basis of text, symbol system, cognitive abilities, physical abilities, tongue switches, and eye tracking system. Expansion of the global market for speech generating devices is mainly attributed to advancements in technology and rising availability of user-friendly devices. The National Institute of Deafness & Other Communication Disorders (NIDCD) has anticipated that approximately 7.5 Mn population in the U.S. is affected with speech-related disorders.

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Over the past few years, technological advancements have enabled SGDs to emerge as a refined tool, addressing numerous requirements for speech-impaired individuals. A wide number of speech generating devices available in the market are based on a variety of cognitive and physical abilities, including symbol systems, text-based communication devices, eye tracking systems, and tongue switches. Advancements in touch-screen mobile devices coupled with communication-based applications are expected to reshape the global speech generating devices market. Convenience offered by small-size, lightweight, and touchscreen interface have made the big and heavy versions of SGDs obsolete. The aforementioned factors are estimated to propel growth of the market during the forecast period. Increasing popularity of speech-related disorders is also expected to influence growth of the market.

North America to Remain the Most Lucrative Market for Speech Generating Devices

North America is estimated to remain the most lucrative region in the global market for speech generating devices, followed by Europe. In North America, sales of speech generating devices is expected to account for revenues worth US$ 126.7 Mn by 2022-end. Speech generating devices market in Asia Pacific excluding Japan (APEJ) is expected to register the fastest expansion through 2022.

Highlights from the Report Include

  • Patent analysis of the global speech generating devices market
  • Detailed overview of the parent market
  • Identification and Understanding of the global SGDs market
  • Recent industry developments and trends
  • Information imperative for market players for sustaining and enhancing their market footprint
  • Projected, current and historical market size, in terms of value and volume
  • Changing market dynamics

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 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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