Global Speech Generating Devices Market Size Analysis, 2018-2028

REPORT ID: BKR778 Domain: Medical Devices Published Date: August 2018

 

 

Global Speech Generating Devices Market Size is estimated to be valued over USD 180 million in 2018. It will register a CAGR of 9.6% to create 2.5X higher revenue by 2028.

Speech generating devices (SGDs) are used to supplement speech for patients with severe speech impairment. Nearly 39 million population worldwide has some kind of speech impairment. Since 1970s, the device has registered several developments in hardware and software and now can be integrated with smart devices for better functionalities. Roger Ebert, Pete Frates and Stephen Hawking are notable personalities who used SGDs in their daily life.

The industry is dominated by handful of leading players with most of them focusing on offering customized products based on patients need. Technological advancement plays a key role in overall sales. Most of these companies are based in North America with direct channels to distributors and healthcare personnel.

Global Speech Generating Devices Market Size Analysis, By Product Type

Text to speech devices, picture communicators, and speech synthesized are types of speech generating devices. In 2018, text-to-speech devices dominated the global share by 46%. These are basically QWERTY keyboard that are lightweight, portable and flexible in characteristics. Various small scale to midsize companies are operational in this field.

Synthesized speech device will gain highest traction during the forecast period. Synthesized speech devices uses technology that translates user messages into machine generated speech using linguistic algorithms.  Toby Churchill Limited, Prentke Romich Company, DynaVox Systems, Inc., Assistive Technology, Inc., Zygo Industries, Words+, Inc., are few companies operational in this segment.

Global Speech Generating Devices Market Revenue Analysis, By Distribution Channel

Sales of speech generating devices is primarily conducted through specialty clinics that accounted for 68% of global share followed by hospitals and direct purchase through suppliers/companies.

Global Speech Generating Devices Market Share and Forecast Analysis: North America to dominate global sales

 North America accounted for US$ 115 million in 2017. Western Europe and North America collectively accounted for over 79% of market share. There is good presence of mainstream companies in Europe and North America that has led to favorable market ecosystem to flourish.

Government reimbursement policies are also playing a major role in shaping the industry in North America. U.S. Medicare and Medicaid services offers reimbursement in procuring speech generating devices by concerned patients.

 Global Speech Generating Devices Market Size and Forecast: Competition Landscape

Product development is the key focus of most of the engaged companies. Companies are focusing on offering smartphone enabled SGDs. For example, in 2017, Tobii Dynavox launched I-100 speech generating device. Another company – Lingraphica launched MiniTalk speech generating device for patients suffering from Aphasia and Apraxia speech in 2013.

Toby Churchill Limited, Prentke Romich Company, DynaVox Systems, Inc., Assistive Technology, Inc., Zygo Industries, Words+, Inc., Lingraphica, Textspeak, and Zygo USA are few mainstream companies in speech generating devices market.

Speech Generating Devices Market Industry Segmentation

By Device Type:

  • Text-to-Speech Devices
  • Speech Synthesized Devices
  • Picture Communicators

By Interface (Display):

  • Static Display
  • Dynamic Display

By Process:

  • Digitized Speeches
  • Synthesized Speech Processing

By Distribution Channel:

  • Hospitals
  • Specialty Clinics
  • Direct company Purchase
  • Online Sales Channel

What Will You Discover in the Report?

  • An in-depth analysis of the Speech Generating Devices market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Speech Generating Devices market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Speech Generating Devices market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Speech Generating Devices industry during the forecast period
  • Who are the Speech Generating Devices industry leaders and what are the key initiatives taken by them for long term growth

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Speech Generating Devices Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global Speech Generating Devices Market Value
    • Overall Market Forecast
    • Speech Generating Devices Growth Outlook, By Segments
    • Speech Generating Devices Growth Scenario, by Region
  6. The Speech Generating Devices Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain and Distribution Analysis
    • Growth Factor Analysis
    • Key Industry Players By Region
    • Macro Factor Relational Value Analysis
  7. The Speech Generating Devices Industry Dynamics
    • Drivers
      • Supply Side Drivers
      • Demand Side Drivers
      • Macroeconomic Factors
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition
    • Regulatory Compliances, By Selected Countries
    • Key Industry Developments
  8. The Speech Generating Devices Market Pricing Analysis
    • Speech Generating Devices Pricing Forecast
    • Pricing Analysis By Region
    • Pricing Trends
  9. Global Speech Generating Devices Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • Speech Generating Devices Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global Speech Generating Devices Market Size and Forecast, (2017-2028)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global Speech Generating Devices Industry Size and Forecast, By Segments

By Device Type:

  • Text-to-Speech Devices
  • Speech Synthesized Devices
  • Picture Communicators

By Interface (Display):

  • Static Display
  • Dynamic Display

By Process:

  • Digitized Speeches
  • Synthesized Speech Processing

By Distribution Channel:

  • Hospitals
  • Specialty Clinics
  • Direct company Purchase
  • Online Sales Channel
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America Speech Generating Devices Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America Speech Generating Devices Market, By Segments (As mentioned in section 10 of TOC)
    • S. Speech Generating Devices Market Size and Forecast, By Segments
    • Canada Speech Generating Devices Market Size and Forecast, By Segments
  2. Latin America Speech Generating Devices Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) Speech Generating Devices Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America Speech Generating Devices Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil Speech Generating Devices Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(Speech Generating Devices industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe Speech Generating Devices Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe Speech Generating Devices Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe Speech Generating Devices Market, By Segments (As mentioned in section 10 of TOC)
    • Germany Speech Generating Devices Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(Speech Generating Devices industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) Speech Generating Devices Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe Speech Generating Devices Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe Speech Generating Devices Market, By Segments (As mentioned in section 10 of Speech Generating Devices Market TOC)
    • Russia Speech Generating Devices Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(Speech Generating Devices industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific Speech Generating Devices Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific Speech Generating Devices Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific Speech Generating Devices Market, By Segments (As mentioned in section 10 of TOC)
    • Japan Speech Generating Devices Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(Speech Generating Devices industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East Speech Generating Devices Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East Speech Generating Devices Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East Speech Generating Devices Market, By Segments (As mentioned in section 10 of TOC)
    • GCC Speech Generating Devices Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(Speech Generating Devices industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa Speech Generating Devices Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa Speech Generating Devices Industry Size and Forecast, (2017-2028)
    • Africa Speech Generating Devices Industry Share (%)
    • Africa Speech Generating Devices Industry Growth Forecast (%)
    • South Africa Speech Generating Devices Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(Speech Generating Devices industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Speech Generating Devices Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*
      • Toby Churchill Limited, Prentke Romich Company, DynaVox Systems, Inc., Assistive Technology, Inc., Zygo Industries, Words+, Inc., Lingraphica, Textspeak, and Zygo USA
  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies)

To access the detailed Speech Generating Devices industry TOC and sample research pages, download sample.

 

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