Voice Prosthesis Devices Market by Device (Indwelling Voice Prosthesis, Non-dwelling Voice Prosthesis); Valve (Blom-Singer, Provox Valve, other Valves); End user (Hospitals, Ambulatory Surgical Centers, Specialty Clinics) - Analysis & Forecast 2019-2030
Report ID : 35 | Published Date : Feb 2019 | Pages : 150 | Region : Global | Report Code : MD-18
Voice Prosthesis Devices Market Overview and Introduction
The global voice prosthesis devices market is estimated to be over US$ 135.6 Mn in 2018. It is anticipated to grow at a substantial CAGR from 2019 to 2030.The global voice prosthesis devices market is segmented by devices, valve, end user and region.
Voice Prosthesis are devices that are used for voice generation, these devices are placed surgically on patients suffering from voice loss. The device is surgically placed between esophagus and trachea during laryngectomy (removal of the larynx) or tracheoesophageal puncture. Voice prosthesis devices are non-indwelling and indwelling, with some the major players like Atos Medical and InHealth offering these products in the market.
The global voice prosthesis devices market is driven by increasing incidences and prevalence of larynx cancer, focus of market players in introducing new and innovative products and availability of favorable government regulations are some of the major factors driving the market. However, high cost of device is likely to restrain the market to certain extent.
Voice Prosthesis Devices Market by Devices
On the basis of device, the voice prosthesis devices market is segmented into indwelling and non-dwelling devices. The indwelling devices are anticipated to account for the highest market share of the market, owing to high acceptance of device among patients and high quality of voice produced by the device.
Voice Prosthesis Devices Market by Valve
The valve segment can be segmented into blom-singer, provox valve, and other valves. Provox valve is anticipated account for the largest share of the market.
Voice Prosthesis Devices Market by End User
On the basis of end user, the voice prosthesis devices market is segmented into hospitals, ambulatory surgical centers, specialty clinics, and others. The hospitals and ambulatory surgical centers segment is estimated to account for significant share of the voice prosthesis device market. Increasing incidences and prevalence of larynx cancer and need for surgery to place the device are some the factors driving the growth of end-user segment.
Voice Prosthesis Devices Market Region
The global voice prosthesis devices can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of voice prosthesis devices, followed by Europe and Asia Pacific. North America will continue to dominate the global voice prosthesis devices in the forecast period. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, India, and Japan. Factors such as the rising focus of major players in emerging Asian countries, improving healthcare systems and government support are driving the growth of the voice prosthesis devices in this region.
Voice Prosthesis Devices Market Prominent Players
The prominent players in the global voice prosthesis devices and Smiths Medical, Atos Medical, InHealth Technologies, Servona GmbH, Hood Laboratories, Andreas Fahl Medical Technology Sales GmbH, Teleflex Medical Europe Ltd. And Other Prominent Players