Smart Speech Generating Devices (SGDs) Sales Increasing with Rising Cases of Speech Related Disorders: Fact.MR
With approximately 7.5 Mn population affected with speech related disorder in United States alone, demand for enhanced SGDs is expected to soar
Fact.MR, Rockville MD: Fact.MR’s latest report on global speech generating devices market is forecast to expand at 12.2% CAGR to reach a valuation of US$ 300 Mn by 2020 end. According to the study, various developments in speech generating devices has been creating opportunities for growth. Surge in demand for speech generating variants on the basis of eye tracking system and cognitive abilities to accelerate growth in the coming years.
Rising incidence of speech disorders and availability of user-friendly portable devices have been fuelling the demand. Market players are focusing on developing advanced version of the devices to enable connection with iPhones and android-enabled smartphones. These developments are expected to bode well for the market. Synthesized speech devices are expected to emerge as the most preferred SGDs among consumers. This can be attributed to their user friendliness and multiple functions, followed by picture communicators.
“Manufacturers are offering SGDs with the ability to connect with any portable devices. Also, adoption of advanced technology and data analytics is paving the way for growth,” says the Fact.MR analyst.
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- Speech generating devices with dynamic display remains preferred over static display through 2022
- Specialty clinics to remain dominant among distribution channels
- Hospitals to remain the second largest distribution channel accounting for over US$ 100 Mn through 2021
- Manual speech generating device technology to remain one of the most lucrative segment, followed by eye tracking and head-tracking technology
- U.S. to spearhead North America speech generating devices market on the back of highest speech-related disorder cases
- Rising speech related disorders and awareness initiatives to propel market demand in UK
- Advancement in technology and rising availability of user-friendly devices to improve the demand
- Increased adoption of portable devices among patients with speech related disorder is accelerating the sales of speech generating devices
- Demand for enhanced touch-screen devices with multiple facilities to create growth opportunities for market players
- High cost and low penetration of speech generating devices to curb the growth of market
Discover more about the Speech Generating Devices market with 84 figures, 282 data tables and the table of contents. You will also find detailed market segmentation on https://www.factmr.com/report/53/speech-generating-devices-market
Fact.MR has profiled some of the key players operating in global speech generating devices which includes Abilia Toby Churchill Limited, AMDi, Saltillo Corporation, Zyteq Pty Ltd., Tobii Dynavox, Prentke Romich Company Inc., Lingraphica, Textspeak, and Zygo USA among others. Strategic merger and acquisition remains the key focus for leading players along with product innovation.
In 2021, the independent digital voice partner for global businesses ReadSpeaker, announced it has collaborated with sComm to increase efficacy for speech generating device communication to power the company’s UbiDuo Devices.
More Insights on the Speech Generating Devices Market
Fact.MR offers an unbiased analysis on global speech generating devices market. The report offers a detailed segmentation on Speech Generating Devices market on the basis of product (synthesized speech devices, text-to-speech devices, and picture communicators), display (static display and dynamic display), distribution channel (hospitals, specialty clinics, and e-commerce), and technology (manual devices, head tracking technology) across seven regions.
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