(MENAFN- EIN Presswire)
Speaking Valve Market
The growing geriatric population globally is driving the market demand.
Elderly people are more vulnerable to conditions that might need a tracheostomy, such as chronic obstructive pulmonary disease (COPD) and alternate respiratory problems.” - Polaris Market ResearchNEW YORK CITY, NY, UNITED STATES, January 16, 2025 /EINPresswire / -- Our speaking valve market report has been prepared using advanced methodologies and research techniques to help businesses make strategic business decisions.
The most recent research study by Polaris Market Research reveals that the speaking valve market is anticipated to flourish at a stable rate. With a projected CAGR of 5.4%, the market was valued at USD 96.39 million in 2024. It is ready to grow to USD 186.48 million by 2034.
Market Introduction:
A speaking valve is a unidirectional one that impedes air from traversing the tracheostomy when one breathes out. When one obtains a tracheostomy, the majority of the air one breathes out through the tracheostomy tube rather than traversing the vocal cords. This pivoting of air renders speaking arduous.
Download Free Sample PDF Copy of the Report:
/request-for-sample?utm_source=Ein&utm_medium=Ein&utm_campaign=Ein&utm_id=01
Tracheostomies can either be interim or enduring. In either case, the helplessness to speak has many detrimental influences. If one is deprived of interacting with loved ones, it can cause depression, feelings of quarantine, and loss of morale. COPD indicators become more obvious after the age of 50 committing an escalation in tracheostomy procedures amidst the grownups, pushing the speaking valve market demand.
Market Drivers and Opportunities:
Progressions in Medical Technologies: The surge in the market demand can be attributed to progressions in medical technology. Technological inventions have caused the advancement of more progressive speaking valves that provide superior functionality, ease, and user-friendliness, boosting the demand for speaking valves market growth.
Growing Demand for Tracheostomy Procedures: The demand for tracheostomy procedures is surging because of the escalating existence of detrimental respiratory conditions, injury, or cancer in varied age categories of the aggregate population. As per the British Journal of Anesthesia, 250,000 tracheostomy procedures are executed yearly. An additional 10% of aggregate tracheostomy procedures are carried out on children, causing the demand for speaking valves to surge.
Awareness about Speech Impairment: An upswing in consciousness about speech impairment, predominantly amongst children, has surged in the acquisition of speech therapy. A speaking valve can be utilized for persons impacted by communication disorders as it sanctions vocalization and productive speech.
Key Companies in Speaking Valve Market:
.Coloplast A/S.
.Freudenberg Group
.Passy-Muir, Inc.
.Primed Halberstadt Medizintechnik GmbH
.Medtronic
.Teleflex Incorporated
.E. Benson Hood Laboratories, Inc.
.The Airway Company
.Prunus Medical
.Mednom
.Insight Medical Products Ltd
.Ashton India Private Limited
.Andreas Fahl Medizintechnik-Vertrieb GmbH
.Pepper Medical
.Boston Medical Products Inc.
Request for a Discount on this Report Before Purchase:
/request-for-discount-pricing?utm_source=Ein&utm_medium=Ein&utm_campaign=Ein&utm_id=01
Segmental Analysis:
.The speaking valve market segmentation is based on material, application, end user, and region.
.By material analysis, the silicon segment held the largest market share. This is due to its biocompatibility and several benefits. Silicone's inborn attributes, such as flexibility, longevity, and aversion to decline, render it a perfect substance for speaking valves used in tracheostomy care.
.By end-user analysis, the hospital segment is poised to register a significant CAGR. This is due to their expert personnel, substantial resources, and escalating acceptance of tracheostomy patients.
Regional Overview:
The research report covers all the major regions and sub-regions of the speaking valve market. The study provides market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America: North America accounted for the largest market share. This is primarily because of growing cases of respiratory illnesses. Conditions such as chronic obstructive pulmonary disease (COPD), asthma, and lung cancer are customary, causing the requirement for tracheostomies where speaking valves become crucial for interaction.
Asia Pacific: Asia Pacific is anticipated to witness the fastest CAGR from 2025 to 2034. The region's growing collaborations between global and local firms fuel the regional market expansion.
Inquire more about this Report Before Purchase:
/inquire-before-buying?utm_source=Ein&utm_medium=Ein&utm_campaign=Ein&utm_id=01
FAQs:
How much is the speaking valve market?
The market size was valued at USD 96.39 million in 2024 and is projected to grow to USD 186.48 million by 2034.
What are the regions covered in the speaking valve market?
The regions covered in the market are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Which are the segments covered in the market report?
The segments covered in the market report are by material, application, end-user, and region.
What is the growth rate of the market?
The global market is projected to register a CAGR of 5.4% during the forecast period.
Browse More Research Reports:
Refractory Gout Market:
Castrate-Resistant Prostate Cancer Market:
Balanoposthitis Treatment Market:
Biofabrication Market:
Brain Machine Interface Market:
About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
Likhil G
Polaris Market Research and Consulting
+1 929-297-9727
...
Visit us on social media:
Facebook
X
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
MENAFN16012025003118003196ID1109097862