The Global Voice Prosthesis Devices Market Is Giving Voice to People with Voice Disabilities Caused Due To Surgery or Cancer and Key Players Are Trying To Make New Devices More Affordable

 

Voice Prosthesis Devices Market

A voice prosthesis device is an electronic device, often made from silicon, which is used in combination with voice therapy for patients who have voice disorders and to aid those who suffer from vocal cord injuries. During a full vocal cordectomy, the vocal cords are completely removed and the airway and larynx are separated by a small incision. Voice prosthetics include full body units that can be worn as regular items and even become a part of the natural appearance of the body. Some patients choose to wear their prosthetics only during use while others prefer to wear them all the time. Some voice prosthetic devices are completely removable, while others have to be surgically installed or removed. As the number of people who need help with everyday communication increases, more are finding themselves in need of these devices.

Market Dynamics                                               

Some types of vocal cord injuries result in vocal cord paralysis, spasticity, and several types of laryngological disorders. Each year, many people find themselves in need of these devices which are also called Cues that give speech the volume and tone. Many who have lost their voices permanently to illness or disease, cannot easily re-articulate the sounds they used to make, and thus rely on voice prosthetic devices to bridge the gap between their missing vocal cords.

The major factor driving the growth of the voice prosthesis devices market is the rapid growth of cases diagnosed with laryngeal cancer, which has certain comorbidities such as pain and discomfort in-ear. According to the American Cancer Society (ASC), in the United States in 2019, approximately 12410 adults were diagnosed with laryngeal cancer. National Institute on Deafness and Other Communication Disorders (NIDCD) confirmed in 2019 that in the U.S. around 7.5 million people face problems related to voice production. Individuals who are between 30 years to 50 years generally get diagnosed with spasmodic dysphonia (spasms of the voice box), which is mostly seen in women than men. Hence the growing number of patients diagnosed with laryngeal cancer along with the increased prevalence of problems related to voice generation is also estimated to boost the growth of the voice prosthesis devices market. The key players operating in the market are focusing on acquisitions, which is driving the market growth. For instance, in 2018, Atos Medical AB acquired Heimomed Heinze GmbH & Co. KG to expand its portfolio in Australia and Germany.

However, the high cost associated with the voice prosthesis devices is the major restraining factor hindering the market growth. For instance, the devices that are in use for long term such as Blom-Singer indwelling prosthesis launched by Singer and Blom, costs approximately US$ 80 while the Provox2 prosthesis launched by Atos medical costs around US$ 182. Another factor that is estimated to hinder the market growth is the short life span of the devices.

This market is distributed in five regions that include North America, Europe, Asia-Pacific, Middle East, and Africa, and Latin America. Among these, North America is estimated to hold a bigger share of the voice prosthesis device market owing to the prevalence of key players in the region. The market in the Asia Pacific is estimated to witness significant growth in the market owing to the rapid development of new and cheaper voice prosthesis devices.

Competitive Analysis

Key players operating in the global voice prosthesis devices market include Teleflex Incorporated, Hood Laboratories, Andreas Fahl Medizintechnik Vertrieb GmbH, InHealth Technologies, HEIMOMED Heinze GmbH & Co. KG, Servona GmbH, Smiths Medical, Inc.,and Atos Medical AB.

In 2018, Innaumation Medical Devices, an India-based startup, launched a new voice prosthesis device known as Aum at a cheap price which is approximately US$ 1, for people who cannot afford the high priced devices.

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