Utilizing both primary and secondary research methods, Reports and Insights investigated the Stuttering Devices Market from every perspective in recent times. The issued report is promising the clients to help them gain a deeper understanding of prevailing market dynamics such as supply-demand asymmetry, product preferences, customer preferences and habits, pricing trends, and so forth. The data is then compiled and evaluated using a scale of market assessment and data validation approaches. In addition, Reports and Insights have an in-house data prognostic approach that prophecies market growth through 2030
The global stuttering devices market in 2022 is estimated for more than US$ 269.8 Mn and expected to reach a value of US$ 326.2 Mn by 2030 with a significant CAGR of 2.4%.
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Stuttering Devices Market Dynamics
The increasing prevalence of speech disorders among individuals across the globe is a major factor driving the growth of the global stuttering devices market. For instance, according to data published by National Institute on Deafness and Other Communication Disorders (NIDCD), in 2016, the prevalence of speech sound disorder in young children is 8 to 9%, the majority of the speech disorder have no known cause.
Also, according to the data published by the World Health Organization (WHO), in the year 2017, 466 Mn people suffer from disabling hearing loss worldwide. SpeakFluent is a stuttering device, which boosts the confidence level, weeds out hesitation and induces self-expression among the individuals.
Thus excellent benefits offered by these kinds of devices are anticipated to fuel the growth of the global market in the near future. These stuttering electronic devices are available in various forms and price range across the globe which in turn drives the growth of the global market. These electronic devices also have various applications in hospitals and drug stores, boosting growth of the global stuttering devices market.
In addition, apart from portable devices, computer technology has evolved which enables users to reduce stuttering and in turn fuels growth of the global market. However, a disadvantage offered by these devices includes discomfort due to noise or from wearing devices which is hampering growth of the global market.
High cost associated with stuttering devices is a major factor restraining the growth of the global stuttering devices market. Technological developments in the stuttering devices and strategies employed by the major key players operating in the target market are creating growth opportunities in the global market.
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Stuttering Devices Market Segmentation
Global stuttering devices market is segmented on the basis of type, application, and by region.
ïƒ˜ Miniature Altered Auditory Feedback (AAF) Devices
ïƒ˜ Drug Store
ïƒ˜ North America
ïƒ˜ Asia Pacific
ïƒ˜ Latin America
ïƒ˜ Middle East
Stuttering Devices Market Products Overview
According to data published by the MyHealth organization in 2016, stuttering is a speech disorder that affects approximately 1% of the world population. In past few years’ portable devices have emerged on the international market. These electronic devices are available in various forms and price ranges.
In addition, computer software’s and mobile apps have made available which are more affordable. These technologies allow a user to practice techniques learned in therapy while applying the choral effect at the same moment.
Source: MyHealth.gov, 2016
Stuttering Devices Market Competitive Landscape
Some of the key participating players in the global stuttering devices market are SpeechEasy International LLC, VoiceAmp, and SpeakFluent.
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