Healthcare

Speech Disorder Market Industry Overview, Trends and Growth Opportunities Forecasted till 2026

Press Release

Speech disorder, also known as speech impediment, is a communication disorder where an individual’s normal speech is disrupted and the person is unable to talk properly. The disorder hampers a person’s ability to communicate in an efficient manner. It also affects people’s day to day activities and affects mental wellbeing. Types of speech disorders include stuttering, apraxia, cluttering, dysarthria, and others. Speech disorders also includes dysprosody, a kind of neurological speech disorder. Most of the times, the causes of speech disorders are unknown. However, the common ones are brain injury, neurological disorders, hearing loss, drug abuse, and others.

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According to the National Institute on Deafness and Other Communication Disorders (NIDCD), as of July 2016, approximately 7.5 million people in the U.S. had troubles using their vocals. Also, the prevalence of speech disorders in children was 8% to 9% in the same year. The NIDCD estimated that 3 million Americans were suffer from stuttering issues as of 2016. Autistic patients also suffer from clear speech disability. Approximately 40,000 individuals in the U.S. are suffering from autism. Speech therapies are the most commonly effective and preferred treatment for speech disorders. Patients need drugs to manage depression caused by speech disorders at some point. However, speech therapies are the best option for patients struggling with speech disorders.

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Rise in the incidence of speech disorders such as stuttering, apraxia, and others among children and adults is likely to drive the global speech disorder market. Moreover, increase in chronic illness such a brain injuries, tumors, Parkinson’s diseases, autism, cerebral palsy, and stroke are expected to propel the global speech disorder market. Speech disorders include expressive disorders; voice disorders; articulation disorders; fluency disorders; and language disorder such as receptive disorders and cognitive-communication disorders. A rise in these disorders in the near future is likely to boost global speech disorder market. Furthermore, rise in awareness about various disorders, availability of effective speech therapy, initiatives by governments for promoting effective speech therapy, and investments in health care facilities are other factors propelling the global speech disorder market. Additionally, prevailing awareness programs about the importance of speech therapies and expertise in treating speech disorders also augment the global speech disorder market. However, improper access to health care facilities, rise in treatment cost, unavailability of speech therapy in underdeveloped and remote areas, insufficient number of health care professionals, and insufficient standard tools for the diagnosis and treatment of speech disorders are expected to hinder the global speech disorder market.

The global speech disorder market can be segmented based on indication, age group, end-user, and region. In terms of indication, the market can be classified into stuttering, apraxia, dysarthria, voice disorders, aphasia, and others. Stuttering is the most common speech disorder, affecting around 1% of the global population. Based on age group, the market can be categorized into pediatrics, adults, and old age. Many speech disorders start at a young age, and their prevalence is also high in the pediatric age group. In terms of end-user, the market can be divided into hospital, clinics, and specialized centers.

In terms of region, the global speech disorder market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Increase in the prevalence of speech disorders, rise in congenital disorders, increase in geriatric population, and rise in global population are expected to boost the market globally. North America dominated the global speech disorder market, owing to a rise in patient population, increase in the prevalence of chronic illnesses, rise in speech impediments cases, high awareness about speech therapy treatment, and availability of expertise in speech therapy. Asia Pacific is an emerging region of the speech disorder market. The market in the region is expected to expand rapidly during the forecast period. Rise in the number of cases of speech disorders such as stuttering, increase in the population in the region, lifestyle changes, awareness about disease type, and available speech therapy treatment are expected to drive the market in Asia Pacific during the forecast period. Moreover, several organizations are spreading awareness about speech disorders and their management. This is likely to propel the market.

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Major players operating in the global speech disorder market include Smart Speech Therapy LLC, Therapy Solutions Inc., Talk Speech and Language, Glenda Browne Speech Pathology, Therapy Ltd, Benchmark Therapies, Inc., Speech Plus, Integrated treatment services, and speech work therapy services.

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