This Vocal Cord Paralysis market report covers industry characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The vocal cord paralysis market size has grown steadily in recent years. It will grow from $2.65 billion in 2023 to $2.77 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth during the historic period can be attributed to several factors, including a rise in neurological disorders, greater awareness of vocal cord paralysis, a higher prevalence of head and neck surgeries, an increase in trauma and injury cases, and the expansion of the elderly population.
The vocal cord paralysis market size is expected to see strong growth in the next few years. It will grow to $3.38 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth during the forecast period can be attributed to several factors, including the rising prevalence of chronic diseases, increased awareness of voice disorders, a higher incidence of respiratory infections, more cases of head and neck cancers, and a growing number of patients undergoing thyroid surgery. Major trends for the forecast period include advancements in technology, the use of telemedicine for vocal health, the integration of artificial intelligence, development of diagnostic tools, and the adoption of surgical robotics.
The rising prevalence of neurological disorders is projected to drive growth in the vocal cord paralysis market. Neurological disorders, which encompass conditions affecting the brain, spinal cord, and peripheral nerves, are increasingly prevalent due to various factors such as genetic predisposition, infections, trauma, toxins, autoimmune responses, and degenerative processes. Neurological conditions, including stroke, multiple sclerosis, Parkinson’s disease, and other neuromuscular disorders, often result in complications such as vocal cord paralysis due to their adverse effects on nerve function and muscle control. As the global incidence of these neurological disorders increases, the number of patients with vocal cord paralysis is also anticipated to rise. For instance, in April 2022, according to data from the European Brain Council, over 600 neurological diseases and nearly 300 psychiatric conditions impact millions of individuals worldwide, with epilepsy affecting approximately 65 million people. In Europe alone, there are currently 10.5 million individuals with dementia, with projections indicating an increase to 18.7 million by 2050. This high prevalence of neurological disorders is expected to significantly contribute to the growth of the vocal cord paralysis market.
Major players in the vocal cord paralysis market are concentrating on advancing technologies to improve diagnosis, treatment, and management of the condition. This focus includes the development of AI-assisted wearable devices designed to enhance patient outcomes and overall quality of life. AI-assisted wearable devices integrate artificial intelligence to expand their functional capabilities, offering innovative solutions for vocal cord paralysis. For instance, in March 2024, UCLA (University of California, Los Angeles), a prominent public research university based in the US, introduced an adhesive neck patch specifically designed to aid individuals with vocal cord dysfunction. This innovative device, measuring just over 1 square inch, adheres to the skin on the throat and is aimed at restoring voice function. The patch comprises two main components, a self-powered sensing element that detects and converts muscle movement signals into high-fidelity electrical signals, and an actuation component that processes these electrical signals into speech signals through a machine-learning algorithm.
In November 2021, Coloplast A/S, a healthcare company headquartered in Denmark, completed the acquisition of Atos Medical for an undisclosed amount. This strategic acquisition is part of Coloplast's broader initiative to expand its product portfolio and enhance its position within the global market for innovative healthcare solutions. Atos Medical AB, based in Sweden, is a specialist in medical devices and solutions designed for individuals with voice and swallowing disorders.
Major companies operating in the vocal cord paralysis market are Aetna Inc., Sanofi SA, Medtronic plc, Siemens Healthineers AG, Stryker Corporation, Boston Scientific Corporation, Olympus Corporation, Intuitive Surgical Inc., Smith & Nephew plc, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Smiths Medical, Teleflex Incorporated, Karl Storz SE & Co. KG, Cook Medical, PENTAX Medical, Merz Therapeutics, NuVasive Inc., Atos Medical AB, Advanced Bionics AG, Cytophil Inc., Topeka ENT, Intersect ENT Inc.
North America was the largest region in the vocal cord paralysis market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vocal cord paralysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the vocal cord paralysis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vocal cord paralysis is a condition characterized by impaired movement of one or both vocal cords (vocal folds). This impairment can affect a person's ability to speak, breathe, and swallow, depending on the severity of the condition and which vocal cords are involved.
The primary types of vocal cord paralysis are bilateral and unilateral. Bilateral vocal cord paralysis occurs when both vocal cords are paralyzed, whereas unilateral vocal cord paralysis affects only one vocal cord. Treatment options include surgery and voice therapy, and these are utilized by various end users, such as hospitals, ambulatory surgical centers, specialty clinics, and others.
The vocal cord paralysis market research report is one of a series of new reports that provides vocal cord paralysis market statistics, including vocal cord paralysis industry global market size, regional shares, competitors with a vocal cord paralysis market share, detailed vocal cord paralysis market segments, market trends and opportunities, and any further data you may need to thrive in the vocal cord paralysis industry. This vocal cord paralysis market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The vocal cord paralysis market includes revenues earned by entities by providing diagnosis and assessment, speech therapy, and counseling services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The vocal cord paralysis market size has grown steadily in recent years. It will grow from $2.65 billion in 2023 to $2.77 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth during the historic period can be attributed to several factors, including a rise in neurological disorders, greater awareness of vocal cord paralysis, a higher prevalence of head and neck surgeries, an increase in trauma and injury cases, and the expansion of the elderly population.
The vocal cord paralysis market size is expected to see strong growth in the next few years. It will grow to $3.38 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth during the forecast period can be attributed to several factors, including the rising prevalence of chronic diseases, increased awareness of voice disorders, a higher incidence of respiratory infections, more cases of head and neck cancers, and a growing number of patients undergoing thyroid surgery. Major trends for the forecast period include advancements in technology, the use of telemedicine for vocal health, the integration of artificial intelligence, development of diagnostic tools, and the adoption of surgical robotics.
The rising prevalence of neurological disorders is projected to drive growth in the vocal cord paralysis market. Neurological disorders, which encompass conditions affecting the brain, spinal cord, and peripheral nerves, are increasingly prevalent due to various factors such as genetic predisposition, infections, trauma, toxins, autoimmune responses, and degenerative processes. Neurological conditions, including stroke, multiple sclerosis, Parkinson’s disease, and other neuromuscular disorders, often result in complications such as vocal cord paralysis due to their adverse effects on nerve function and muscle control. As the global incidence of these neurological disorders increases, the number of patients with vocal cord paralysis is also anticipated to rise. For instance, in April 2022, according to data from the European Brain Council, over 600 neurological diseases and nearly 300 psychiatric conditions impact millions of individuals worldwide, with epilepsy affecting approximately 65 million people. In Europe alone, there are currently 10.5 million individuals with dementia, with projections indicating an increase to 18.7 million by 2050. This high prevalence of neurological disorders is expected to significantly contribute to the growth of the vocal cord paralysis market.
Major players in the vocal cord paralysis market are concentrating on advancing technologies to improve diagnosis, treatment, and management of the condition. This focus includes the development of AI-assisted wearable devices designed to enhance patient outcomes and overall quality of life. AI-assisted wearable devices integrate artificial intelligence to expand their functional capabilities, offering innovative solutions for vocal cord paralysis. For instance, in March 2024, UCLA (University of California, Los Angeles), a prominent public research university based in the US, introduced an adhesive neck patch specifically designed to aid individuals with vocal cord dysfunction. This innovative device, measuring just over 1 square inch, adheres to the skin on the throat and is aimed at restoring voice function. The patch comprises two main components, a self-powered sensing element that detects and converts muscle movement signals into high-fidelity electrical signals, and an actuation component that processes these electrical signals into speech signals through a machine-learning algorithm.
In November 2021, Coloplast A/S, a healthcare company headquartered in Denmark, completed the acquisition of Atos Medical for an undisclosed amount. This strategic acquisition is part of Coloplast's broader initiative to expand its product portfolio and enhance its position within the global market for innovative healthcare solutions. Atos Medical AB, based in Sweden, is a specialist in medical devices and solutions designed for individuals with voice and swallowing disorders.
Major companies operating in the vocal cord paralysis market are Aetna Inc., Sanofi SA, Medtronic plc, Siemens Healthineers AG, Stryker Corporation, Boston Scientific Corporation, Olympus Corporation, Intuitive Surgical Inc., Smith & Nephew plc, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Smiths Medical, Teleflex Incorporated, Karl Storz SE & Co. KG, Cook Medical, PENTAX Medical, Merz Therapeutics, NuVasive Inc., Atos Medical AB, Advanced Bionics AG, Cytophil Inc., Topeka ENT, Intersect ENT Inc.
North America was the largest region in the vocal cord paralysis market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vocal cord paralysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the vocal cord paralysis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vocal cord paralysis is a condition characterized by impaired movement of one or both vocal cords (vocal folds). This impairment can affect a person's ability to speak, breathe, and swallow, depending on the severity of the condition and which vocal cords are involved.
The primary types of vocal cord paralysis are bilateral and unilateral. Bilateral vocal cord paralysis occurs when both vocal cords are paralyzed, whereas unilateral vocal cord paralysis affects only one vocal cord. Treatment options include surgery and voice therapy, and these are utilized by various end users, such as hospitals, ambulatory surgical centers, specialty clinics, and others.
The vocal cord paralysis market research report is one of a series of new reports that provides vocal cord paralysis market statistics, including vocal cord paralysis industry global market size, regional shares, competitors with a vocal cord paralysis market share, detailed vocal cord paralysis market segments, market trends and opportunities, and any further data you may need to thrive in the vocal cord paralysis industry. This vocal cord paralysis market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The vocal cord paralysis market includes revenues earned by entities by providing diagnosis and assessment, speech therapy, and counseling services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Vocal Cord Paralysis Market Characteristics3. Vocal Cord Paralysis Market Trends and Strategies32. Global Vocal Cord Paralysis Market Competitive Benchmarking33. Global Vocal Cord Paralysis Market Competitive Dashboard34. Key Mergers and Acquisitions in the Vocal Cord Paralysis Market
4. Vocal Cord Paralysis Market - Macro Economic Scenario
5. Global Vocal Cord Paralysis Market Size and Growth
6. Vocal Cord Paralysis Market Segmentation
7. Vocal Cord Paralysis Market Regional and Country Analysis
8. Asia-Pacific Vocal Cord Paralysis Market
9. China Vocal Cord Paralysis Market
10. India Vocal Cord Paralysis Market
11. Japan Vocal Cord Paralysis Market
12. Australia Vocal Cord Paralysis Market
13. Indonesia Vocal Cord Paralysis Market
14. South Korea Vocal Cord Paralysis Market
15. Western Europe Vocal Cord Paralysis Market
16. UK Vocal Cord Paralysis Market
17. Germany Vocal Cord Paralysis Market
18. France Vocal Cord Paralysis Market
19. Italy Vocal Cord Paralysis Market
20. Spain Vocal Cord Paralysis Market
21. Eastern Europe Vocal Cord Paralysis Market
22. Russia Vocal Cord Paralysis Market
23. North America Vocal Cord Paralysis Market
24. USA Vocal Cord Paralysis Market
25. Canada Vocal Cord Paralysis Market
26. South America Vocal Cord Paralysis Market
27. Brazil Vocal Cord Paralysis Market
28. Middle East Vocal Cord Paralysis Market
29. Africa Vocal Cord Paralysis Market
30. Vocal Cord Paralysis Market Competitive Landscape and Company Profiles
31. Vocal Cord Paralysis Market Other Major and Innovative Companies
35. Vocal Cord Paralysis Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Vocal Cord Paralysis Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on vocal cord paralysis market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for vocal cord paralysis ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vocal cord paralysis market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Bilateral; Unilateral2) By Treatment: Surgery; Voice Therapy
3) By End User: Hospital; Ambulatory Surgical Centers; Specialty Clinic; Other End Users
Key Companies Mentioned: Aetna Inc.; Sanofi SA; Medtronic plc; Siemens Healthineers AG; Stryker Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies profiled in this Vocal Cord Paralysis market report include:- Aetna Inc.
- Sanofi SA
- Medtronic plc
- Siemens Healthineers AG
- Stryker Corporation
- Boston Scientific Corporation
- Olympus Corporation
- Intuitive Surgical Inc.
- Smith & Nephew plc
- Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- Smiths Medical
- Teleflex Incorporated
- Karl Storz SE & Co. KG
- Cook Medical
- PENTAX Medical
- Merz Therapeutics
- NuVasive Inc.
- Atos Medical AB
- Advanced Bionics AG
- Cytophil Inc.
- Topeka ENT
- Intersect ENT Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | November 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 2.77 Billion |
Forecasted Market Value ( USD | $ 3.38 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Global |
No. of Companies Mentioned | 23 |