Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Global Speech Generating Devices Market Overview
Non-verbal ability in association with autism spectrum disorder (ASD) disables the patients expressing basic wants and needs, making communication very difficult. Ganz et al. (2013) reported that approximately 20–30 % of those with ASD lack functional communication. About one third to one half of autistic adults and children are non-verbal, and have difficulty in language use, comprehension, and listening (Beukelman and Mirenda 2013; Cafiero and Meyer 2008; Carr and Felce 2007; Mirenda 2003). To overcome the communication barriers and improve the communication skills of children and adolescents with ASD, the augmentative and alternative communication (AAC) systems has been adopted in the special education programs, especially for those with severe communication disorders, allowing them to express themselves within minimal learning span. Among the AAC systems, speech-generating devices (SGDs) [also known as voice output communication aids (VOCAs)] are a type of electronic aids that can support by indicating images or sounds. The users can press the buttons on the SGD interfaces to facilitate communication with others (Beukelman and Mirenda 2013; Schlosser et al. 2009). Numerous studies have explored the effect of AAC systems on social interaction, cognition, and assessment. Flores et al. (2012) reported that SGD and iPad interactive game could enhance social interaction and promote cognitive development and communication behavior among peers.
Market Size & Forecast
Speech Generating Devices Market is anticipated to record a significant CAGR over the forecast period. For speech generating devices, expansion of the global market is largely credited to rising availability of user-friendly devices and advancements in technology.Along with advanced communication based applications, advancement in touch screen devices, such as android phones, iPad, iPhones, and others have changed the global speech generating devices market widely. Availability of light weight, small size, and touch-screen interfaces has removed the inconvenience of carrying heavy and big versions of the speech generating devices which will further impact the speech generating devices market positively.
On the basis of regional platform, global speech generating devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.North America is expected to remain the most dominant region in the speech generating devices global market, followed by Europe. Government’s initiative in providing speech generating devices to the students via school is expected to aid the market grow rapidly in the region. Europe also portrays positive growth due to the rising prevalence of speech impairments in the region.Limited growth in the market is concluded over the forecast years in the Asia pacific region owing its largely ignorant nature about speech generating devices. Thus, Asia pacific and rest of the world will have a lethargic growth owing to lack of awareness regarding speech generating devices.CLICK TO DOWNLOAD FREE SAMPLE
Market Segmentation
Our-in depth analysis of the global Speech Generating Devices market includes the following segments:
By Display
By Input
By Output
By Technology
By End-User
By Region
Global Speech Generating Devices Market is further classified on the basis of region as follows:
Growth Drivers & Challenges
A number of developments in the electronic technology over the past decade have enabled the speech generating devices to be portable and comparatively more user interactive. The global speech generating devices market is witnessing a key trend of superior automation and introduction of AAC apps on mobile devices for supporting people with sophisticated communication requirements as well as for their caregivers. This is deemed to be one of the highly innovative changes occurring worldwide in the speech generating market which will expand the market strongly during the forecast period. Companies are focusing on the touch screen devices to navigate them easily. In addition to that, they can be connected to various versions of smart phone as of Android and iPhone. Thus, due to the portable nature of these devices, it is gaining purchase from various speech related disorder patients building noteworthy opportunities to the speech generating device manufacturers.
However, factors such as lack of prescriptions, cost constraints associated with speech generating devices along with ongoing budgetary slashes, majorly because a big portion of the funding of speech generating devices is channelized through government, third party sources and public schools is anticipated to slow down the speech generating devices market growth.
Key Players
Scope & Context
Overview of the Parent Market
Analyst View
Segmentation
The Global Speech Generating Devices Market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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