30 Nov -0001
Rockville, Md. The global speech generating devices market is set to grow from US$ 168.6 Mn in 2017 to nearly US$ 300 Mn by 2022, a 12.2% CAGR that Fact.MR ties to a decade of electronics advances that have made these devices more portable and interactive. The technology now spans variants built around different cognitive and physical abilities, symbol systems, tongue switches, text and eye tracking, widening who can use them.
Synthesized speech devices lead by product, specialty clinics handle most sales, and North America carries the market. With the National Institute of Deafness and Other Communication Disorders estimating that roughly 7.5 Mn people in the United States live with a speech disorder, the addressable need is substantial, though cost and still-limited penetration hold some of it back.
Synthesized speech devices remain the preferred product, followed by picture communicators, while text-to-speech devices post the highest growth as makers refine touch-screen navigation and connect devices to iPhone and Android handsets. On display type, static screens stay in demand but dynamic displays expand faster. Specialty clinics are the largest distribution channel and grow quickest, with hospitals second and set to account for more than US$ 100 Mn by 2022. Manual devices see the widest adoption by technology, ahead of head-tracking and eye-tracking systems.
North America is the most lucrative region, reaching US$ 126.7 Mn by 2022, followed by Europe, while Asia Pacific excluding Japan grows fastest across the forecast period.
The market's trajectory rests on usability. As devices become lighter, easier to operate and better connected to everyday smartphones, they reach more patients with speech impairments, opening real opportunity for manufacturers. The counterweight is price, since high costs and still-modest penetration continue to slow adoption in parts of the market.
The field is led by specialist assistive-technology firms.
For manufacturers, synthesized and text-to-speech devices mark where demand is strongest, and better affordability is the lever to widen reach. Investors get a small but fast-growing market with a clear clinical need. Procurement and clinical teams can plan around specialty clinics leading demand, hospitals adding volume, and North America and APEJ offering the strongest prospects through 2022.
Fact.MR's study covers the global speech generating devices market for the 2017 to 2022 forecast period, with segmentation by product, display, technology, distribution channel and region. It sizes each segment, maps the competitive field, and weighs the technology and access forces shaping demand. Further detail is available in the speech generating devices market report.
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.
Speech Generating Device Market
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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.