Voice Prosthesis Market By Valve Type (Blom-Singer Valve, Groningen Valve and Provox Valve), By Device (Indwelling Devices and Non-Dwelling Devices) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

The voice prosthesis market is set to reach from US$ 133.5 Mn in 2017 to US$ 204.3 Mn by 2026 showing linear growth at a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2018 to 2026. As per the latest statistic provided by American Institute for Cancer Research in 2018, there were approximately 750,000 new cases of mouth, pharynx and larynx (MPL) cancers worldwide. The prevalence rate is high in low and middle income countries due to lack of oral sanitation and excessive consumption of alcohol & tobacco resulting in the damage of voice box and loss of speech.

"Early leakage detection, low device maintenance and low speaking effort drive the Provox valves market growth"

Provox valves are reigning the valve type segment for voce prosthesis market. The inherent features of provox valves such as ability to detect early leakage around the valve, low device maintenance and low speaking effort are responsible for its outstanding market growth. Provox HMEs are capable in reducing mucus production and coughing by filtering and heating the air we breathe. Blom-Singer valve will capture the market in the near future owing to its popularity as the international standard for voice restoration worldwide. It is highly recommended for patients showing resistance or unable to remove voice prosthesis device.

"Provision of high voice quality and excellent patient satisfaction is responsible for the indwelling devices market growth"

In the present scenario indwelling devices are leading the device segment for voice prosthesis market. The key attributes responsible for its superlative growth are provision of high voice quality and excellent patient satisfaction. Indwelling devices possess sturdier flanges and only a medical professional can replace it. The advantages associated with indwelling devices are less risk associated with its insertion and longer product lifespan. Non-dwelling devices have gained a lot of attention lately owing to its inherent features such as self-replacement and low maintenance associated with the device. 

"Rising prevalence of larynx cancer and affordable reimbursement scenario for voice prosthesis devices drive the market growth in North America"

North America is currently holding the largest market share of 40% in the regional segment for voice prosthesis market. The major factors responsible for its growth are rising prevalence of larynx cancer and affordable reimbursement scenario for voice prosthesis devices in North America region. Domicile of key players such as Atos Medical, InHealth Technologies, Smiths Medical, Inc. etc. further propel the market growth in North America. Europe represents 31% market share owing to supportive regulatory environment provided by European Medical Agency (EMA) for voice prosthesis devices and increasing funds provided by medical device companies in the research and development department for the development of voice prosthesis devices. Asia Pacific holds 17% market share on account of increasing number of patients suffering with larynx disorders due to high consumption of tobacco and alcohol. Emergence of local players such as Innaumation Medical Devices which are diligently working in developing voice prosthesis devices for prices as low as 1 dollar.

Historical & Forecast Period

This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The market segmentation comprises of by valve type, device and geography.

Companies manufacturing voice prosthesis devices are Andreas Fahl Medizintechnik-Vertrieb GmbH, Atos Medical, InHealth Technologies, Innaumation Medical Devices, Johnson & Johnson Services, Inc., Hood Laboratories, Sonova, SERVONA GmbH, Smiths Medical, Inc. and Teleflex Medical Europe Ltd.

Key questions answered in this report

• Which medical device manufacturers are actively engaged in the development of voice prosthesis devices?
• What are the DRO’s associated with voice prosthesis market?
• What is the disease etiology pertaining to larynx disorders?
• Which key factors are responsible for the supremacy of Provox valves in voice prosthesis market?
• What are the physical attributes of indwelling and non-dwelling devices?
• What is the market performance of North America and Europe in voice prosthesis market?