Hyderabad, Telengana -- (SBWire) -- 02/10/2023 --Overview:
Voice restoration devices are equipment or technologies that assist people who have lost their capacity to speak due to accident or sickness in regaining their ability to communicate verbally. Computer-based systems, electronic speech synthesisers, and other assistive technologies are examples of such equipment. They may also involve surgical or medical procedures that can assist in the repair or restoration of damaged vocal cords or other components of the voice production system.
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Market Size and Future Apprehension:
According to the most recent DataM Intelligence analysis, the worldwide "Europe Voice Restoration Devices Market" is expected to grow at a high CAGR over the forecast period 2023-2030.
Market Dynamics:
Drivers:
The Europe voice restoration devices market is growing rapidly due to increasing demand for voice restoration devices and increasing cases of voice-related disorders. Voice restoration devices are medical devices used to treat voice disorders, such as hoarseness, loss of voice, or difficulty speaking. The devices help patients regain normal speech, improve their ability to communicate, and improve their overall quality of life.
The increasing prevalence of voice disorders and the growing awareness of voice restoration devices are driving the market growth. Voice disorders are a common medical condition, affecting people of all ages, including those who use their voice professionally, such as teachers, public speakers, and singers. In addition, increasing stress and the increasing use of voice-activated devices, such as smartphones and smart speakers, are contributing to the rise in voice disorders.
Segmentation Analysis:
The Europe voice restoration devices market is segmented into type, application, and end-user. Based on type, the market is segmented into vocal cord implant devices, speech amplifiers, and others. The vocal cord implant devices segment is expected to grow at the highest rate during the forecast period, due to the increasing demand for vocal cord implants and advances in technology.
By Device Type
Artificial Larynx (Electrolarynx)
Tracheoesophageal Voice Prosthesis
Provox Voice Prosthesis
Blom-Singer Prosthesis
Nijdam Voice Prosthesis
Groningen Voice Prosthesis
By Device Lifespan
More than 12 Months
6-12 Months
Less than 6 Months
By End User
Hospitals
ENT Clinics
Ambulatory Surgical Centres
Application Insights:
Based on application, the market is segmented into laryngectomy, paralysis, and others. The laryngectomy segment is expected to grow at the highest rate during the forecast period, due to the increasing number of laryngectomy procedures performed and the growing demand for voice restoration devices.
End User Insights:
Based on end-user, the market is segmented into hospitals and clinics, homecare, and others. The hospitals and clinics segment is expected to hold the largest market share during the forecast period, due to the increasing number of voice restoration procedures performed in hospitals and clinics and the growing demand for voice restoration devices.
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Regional Analysis:
In terms of geography, the Europe voice restoration devices market is segmented into the United Kingdom, Germany, France, Italy, Spain, and the Rest of Europe. The United Kingdom is expected to hold the largest market share during the forecast period, due to the increasing demand for voice restoration devices and the growing number of voice disorders in the region.
Competitive Analysis:
Key players operating in the Europe voice restoration devices market include
- Medtronic,
- Cook Medical,
- InHealth Technologies,
- Biolaryn,
- Others
These players are focusing on developing new and innovative products to meet the growing demand for voice restoration devices.
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Europe Voice Restoration Devices Market Potential and Niche Segments, Geographical Regions and Trends to 2023-2030
Global Europe Voice Restoration Devices Market to witness huge growth by key players: Atos Medical (Coloplast), Inhealth Technologies, Freudenberg Medical, Smith’s Medical (ICU Medical), Sanova Holding AG, Orbisana Healthcare, William Demant Holdings, Johnson and Johnson