Market Scenario, Global voice prosthesis devices market is expected to grow significantly over the forecast period. It is projected to grow at a CAGR of 5.6% over the forecast period., Voice prosthesis is the most common way to restore speech after laryngectomy. The device is placed between the esophagus and trachea during the total laryngectomy, or in a secondary puncture., Rising cases of laryngeal cancer is one of the key factors driving the voice prosthesis devices market., According to the National Cancer Institute, around 13,150 new cases of laryngeal cancer were registered in 2018, which is around 0.8% of all new cancer cases., Various other factors such as increasing cases of throat cancer, technological advancements, favourable reimbursement, presence of a large target patient population and rising patient awareness regarding the benefits of voice prosthesis devices are also expected to propel the growth of the market., However, complications associated with voice prosthesis device, and high cost of device can hamper the market growth over the forecast period., , Key players, Some of the key players in the global voice prosthesis devices market are Atos Medical, Teleflex Medical Europe Ltd., Johnson & Johnson Services, Inc., Sonova, Andreas Fahl Medizintechnik - Vertrieb GmbH, InHealth Technologies, HEIMOMED Heinze, Smiths Medical, SERVONA GmbH, and others., Intended Audience, , Medical Device Companies, Government and Private Laboratories, Research and Development (R&D) companies, Medical Research Laboratories, Market Research and Consulting Service Providers, , Segmentation, The Global voice prosthesis devices market is segmented based on product type, valve type, end user and region., The Global market for voice prosthesis devices, by product type is segmented into indwelling voice prosthesis devices and non-dwelling voice prosthesis devices. The indwelling voice prosthesis devices market is expected to command the largest market share over the review period due to increasing cases of voice disorders., The market, by valve type, is segmented into Blom-Singer valve, Provox valve, and Groningen valve, Based on end user, voice prosthesis devices market is segmented into hospitals, clinics, diagnostic cen

Market Scenario

Global voice prosthesis devices market is expected to grow significantly over the forecast period. It is projected to grow at a CAGR of 5.6% over the forecast period.

Voice prosthesis is the most common way to restore speech after laryngectomy. The device is placed between the esophagus and trachea during the total laryngectomy, or in a secondary puncture.

Rising cases of laryngeal cancer is one of the key factors driving the voice prosthesis devices market.

According to the National Cancer Institute, around 13,150 new cases of laryngeal cancer were registered in 2018, which is around 0.8% of all new cancer cases.

Various other factors such as increasing cases of throat cancer, technological advancements, favourable reimbursement, presence of a large target patient population and rising patient awareness regarding the benefits of voice prosthesis devices are also expected to propel the growth of the market.

However, complications associated with voice prosthesis device, and high cost of device can hamper the market growth over the forecast period.



Key players

Some of the key players in the global voice prosthesis devices market are Atos Medical, Teleflex Medical Europe Ltd., Johnson & Johnson Services, Inc., Sonova, Andreas Fahl Medizintechnik - Vertrieb GmbH, InHealth Technologies, HEIMOMED Heinze, Smiths Medical, SERVONA GmbH, and others.

Intended Audience



Medical Device Companies



Government and Private Laboratories



Research and Development (R&D) companies



Medical Research Laboratories



Market Research and Consulting Service Providers



Segmentation

The Global voice prosthesis devices market is segmented based on product type, valve type, end user and region.

The Global market for voice prosthesis devices, by product type is segmented into indwelling voice prosthesis devices and non-dwelling voice prosthesis devices. The indwelling voice prosthesis devices market is expected to command the largest market share over the review period due to increasing cases of voice disorders.

The market, by valve type, is segmented into Blom-Singer valve, Provox valve, and Groningen valve

Based on end user, voice prosthesis devices market is segmented into hospitals, clinics, diagnostic centers, ambulatory surgical centers, research & academic institutes. The hospitals segment is anticipated to hold the largest market share owing to the increasing cases of laryngeal cancer. The diagnostic centres are expected to grow at the highest growth rate owing to the rising demand for early diagnosis.

In the current scope of the study, the above-mentioned segments are covered into the four global regions, namely the Americas, Europe, Asia-Pacific and the Middle East & African region.

The voice prosthesis devices market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European voice prosthesis devices market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The voice prosthesis devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The voice prosthesis devices market in the Middle East & Africa has been segmented into the Middle East and Africa.

Regional Market Summary

The Americas dominated the global market for voice prosthesis devices owing to presence of major market players and increased prevalence of voice disorders within the region. According to the American Speech-Language-Hearing Association, voice disorders have been estimated to be present in between 3% to 9% of the US population. It is also reported that the prevalence is higher in adult females than in adult males i.e. 1.5:1.0.

Europe is expected to hold the second largest position in the global voice prosthesis devices market. The market growth in this region is attributed to the improvement in healthcare related research & development activities.

Asia Pacific was projected to be the fastest growing region in 2017. Factors such as, growing cases of throat cancer, increasing healthcare expenditure, and increasing participation of healthcare organizations drives the regional markets of the Asia Pacific region. In 2016, Healthcare Global Enterprises (HCG), a Bengaluru-headquartered healthcare provider on cancer and fertility, revealed a low-cost voice prosthesis device for people suffering from throat cancer. The organization claimed that the device was the first one in India.

On the other hand, the Middle East and Africa held least share in the global voice prosthesis devices market due to the low per capita income, especially within the African region.



Global Voice Prosthesis Devices Market Share (%), by Region, 2017

Sources: MRFR Analysis

Market Segmentation Overview

Global Voice Prosthesis Devices Market, by Product Type



Indwelling Voice Prosthesis Devices



Non-Dwelling Voice Prosthesis Devices



Global Voice Prosthesis Devices Market, by Valve Type



Blom-Singer valve



Provox valve



Groningen valve



Global Voice Prosthesis Devices Market, by End User



Hospitals



Clinics



Diagnostic Centers



Ambulatory Surgical Centers



Research & Academic Institutes



Others



Research Methodology

Market Research Future research is conducted by industry experts who offer insights into industry structure, market segmentation, assessment, Competitive Landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~ 80%) and secondary research (~ 20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years, by analysing historical trends and current market positions. Furthermore, the varying trends of segments and categories geographically presented are studied and are estimated based on the primary and secondary research.



Primary Research



Extensive primary research was conducted to gain a deeper insight of the market and the industry performance. In this particular report we have conducted primary surveys (interviews) with key level executives (VPs, CEOs, Marketing Directors, Business Development Managers, and many more) of major players who are active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed, over the next five to ten years.



Secondary Research



Secondary research was mainly used to collect and identify information useful for extensive, technical, market-oriented, and commercial study of the voice prosthesis devices. It was also used to obtain key information about major players, market classification, and segmentation according to industry trends, geographical markets, and developments related to the market and perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company web sites, international organization of chemical manufacturers, some paid databases, and many others.

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