- Pediatric
- Adults
- Geriatric
Speech Therapy Market size was valued at USD 9,372.5 million and is poised to grow at a significant CAGR of 6.1% over the forecast period of 2022-2028. Treatment of issues connected to speech and communication is the central aspect of speech therapy services. This covers the many ways to treat patients based on the problem to strengthen the muscles and enhance voice clarity and articulation. These include physical exercises, speech drills, sound production practice, etc. People who have difficulty pronouncing words correctly are also treated in speech therapy. According to market trends for speech therapy, end users, including schools, bilingual programs, workplaces, and private practices, will require more treatments, boosting the speech therapy services market soon. Loss of speech and communication is closely related to aging. As the number of people with speech issues rises quickly, the aging population will present opportunities for speech therapy service providers to balance deficits. This increase in the prevalence of speech problems will increase the speech therapy market size in the forecast period. The growing number of hearing impairments linked with neurological illnesses affecting baby boomers will increase the demand for speech pathologists who, along with the therapy, also treat the pathological reason behind the problem. Thus, the speech pathology market will soon flourish with the increasing difficulty of neurological disorders related to speech, hearing, and swallowing. Premature newborns, trauma, and stroke sufferers now have a higher survival rate due to advance medical technology, which necessitates evaluation and potential therapy for speech-related issues as trauma mainly affects the neurological pathway for proper speech and understanding of words. This incorporates speech therapy as a mandatory procedure for the completion of treatment. Thus, the market for speech therapy gets a new potential to flourish in the upcoming decades. Over the following years, demand for speech therapy services will rise as people become more aware of the value of early diagnosis and identification in newborns. More babies are being screened for speech and hearing difficulty to get adequate treatment services, creating new opportunities for established and up-and-coming market participants. The demand for speech therapy services is rising for kids in special education in elementary and secondary schools. The need for contract-based and natural treatments for patients in hospitals, schools, and healthcare facilities is anticipated to increase soon, driving the expansion of speech therapy services. Low reimbursement is the primary restraint for the speech therapy market from growing. Moreover, the non-coverage of health insurance is also a significant inhibitor to the smooth growth of the speech therapy market.
Speech Therapy Market Key Developments:
In August 2022, The National Association for Child Development announced the re-release of their very effective and successful app that addresses Childhood Apraxia of Speech/dyspraxia, as well as apraxia of speech in adults.
In March 2022, two pediatric speech and language therapists launched the world's first online speech therapy club to address the global crisis affecting preschoolers worldwide in the hope of helping this generation start talking.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
According to a WHO report, the most populous country in the world is witnessing a decline in its youth population with an increase in its geriatric population. This is not only the scenario of one nation; globally, there is a decline in the birth rate, thus increasing the senior population. Speech problems, both psychological and neurological, are familiar with the advancement of age. Therefore, most of the geriatric population is affected with disorders in speech and understanding of words has swelled the demand for speech therapists in the recent year, which will thrust the growth of the speech therapy market in the forecast period. Further, the incidence of genetic disorders in newborn babies is increasing nowadays. Genetic diseases are commonly associated with speech disorders. 1 in 100 children is affected by autism worldwide. This prevalence of speech disorders is the main factor for the growth of speech therapy services and speech pathology markets.
The speech therapy market is projected to expand at a CAGR of 6.1% during the forecast period
Benchmark Therapies, Smart Speech Therapy, Language Therapy, John McGivney Children's Centre, Therapy Solutions, Speech Pathways
North America is the fastest-growing region for the speech therapy market
1. Executive Summary |
2. Global Speech Therapy Market Introduction |
2.1. Global Speech Therapy Market Taxonomy |
2.2. Global Speech Therapy Market Definitions |
2.2.1. By Age |
2.2.2. By Indication |
2.2.3. By End User |
2.2.4. By Region |
3. Global Speech Therapy Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Speech Therapy Market Dynamic Factors - Impact Analysis |
3.6. Global Speech Therapy Market Competition Landscape |
3.7. Epidemiology |
4. Global Speech Therapy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Speech Therapy Market, By Age, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1. Pediatric |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Adult |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Geriatric |
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Speech Therapy Market, By Indication, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1. Speech Disorder |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Language Disorder |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Apraxia |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Autism Spectrum Disorder (ASD) |
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Speech Therapy Market Forecast, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.1. Schools |
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Bilingual Programs |
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Workplaces |
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Hospitals |
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Others |
7.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. Global Speech Therapy Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.1. North America |
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Speech Therapy Market - Opportunity Analysis Index, By Age, By Indication, By Uses, and Region, 2023 - 2029 |
9. North America Speech Therapy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.1. Age Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Pediatric |
9.1.2. Adult |
9.1.3. Geriatric |
9.2. Indication Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.2.1. Speech Disorder |
9.2.2. Language Disorder |
9.2.3. Apraxia |
9.2.4. Autism Spectrum Disorder (ASD) |
9.2.5. Others |
9.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.3.1. Schools |
9.3.2. Bilingual Programs |
9.3.3. Workplaces |
9.3.4. Hospitals |
9.3.5. Others |
9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. USA |
9.4.2. Canada |
9.5. North America Speech Therapy Market - Opportunity Analysis Index, By Age, By Indication, By Uses and Country, 2023 - 2029 |
9.6. North America Speech Therapy Market Dynamics Trends |
10. Europe Speech Therapy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.1. Age Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Pediatric |
10.1.2. Adult |
10.1.3. Geriatric |
10.2. Indication Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Speech Disorder |
10.2.2. Language Disorder |
10.2.3. Apraxia |
10.2.4. Autism Spectrum Disorder (ASD) |
10.2.5. Others |
10.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.3.1. Schools |
10.3.2. Bilingual Programs |
10.3.3. Workplaces |
10.3.4. Hospitals |
10.3.5. Others |
10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Rest of Europe |
10.5. Europe Speech Therapy Market - Opportunity Analysis Index, By Age, By Indication, By Uses and Country, 2023 - 2029 |
10.6. Europe Speech Therapy Market Dynamics Trends |
11. Asia-Pacific Speech Therapy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
11.1. Age Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Pediatric |
11.1.2. Adult |
11.1.3. Geriatric |
11.2. Indication Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Speech Disorder |
11.2.2. Language Disorder |
11.2.3. Apraxia |
11.2.4. Autism Spectrum Disorder (ASD) |
11.2.5. Others |
11.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.3.1. Schools |
11.3.2. Bilingual Programs |
11.3.3. Workplaces |
11.3.4. Hospitals |
11.3.5. Others |
11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. China |
11.4.2. India |
11.4.3. Japan |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Speech Therapy Market - Opportunity Analysis Index, By Age, By Indication, By Uses and Country, 2023 - 2029 |
11.6. Asia-Pacific Speech Therapy Market Dynamics Trends |
12. Latin America Speech Therapy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
12.1. Age Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Pediatric |
12.1.2. Adult |
12.1.3. Geriatric |
12.2. Indication Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Speech Disorder |
12.2.2. Language Disorder |
12.2.3. Apraxia |
12.2.4. Autism Spectrum Disorder (ASD) |
12.2.5. Others |
12.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.3.1. Schools |
12.3.2. Bilingual Programs |
12.3.3. Workplaces |
12.3.4. Hospitals |
12.3.5. Others |
12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Argentina |
12.4.4. Rest of Latin America |
12.5. Latin America Speech Therapy Market - Opportunity Analysis Index, By Age, By Indication, By Uses and Country, 2023 - 2029 |
12.6. Latin America Speech Therapy Market Dynamics Trends |
13. Middle East and Africa Speech Therapy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
13.1. Age Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Pediatric |
13.1.2. Adult |
13.1.3. Geriatric |
13.2. Indication Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.2.1. Speech Disorder |
13.2.2. Language Disorder |
13.2.3. Apraxia |
13.2.4. Autism Spectrum Disorder (ASD) |
13.2.5. Others |
13.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.3.1. Schools |
13.3.2. Bilingual Programs |
13.3.3. Workplaces |
13.3.4. Hospitals |
13.3.5. Others |
13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. Israel |
13.4.3. South Africa |
13.4.4. Rest of MEA |
13.5. MEA Speech Therapy Market - Opportunity Analysis Index, By Age, By Indication, By Uses and Country, 2023 - 2029 |
13.6. MEA Speech Therapy Market Dynamics Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. Benchmark Therapies |
14.2.2. Smart Speech Therapy |
14.2.3. Language Therapy |
14.2.4. John McGivney Children's Centre |
14.2.5. Therapy Solutions |
14.2.6. Speech Pathways |
14.2.7. Glenda Browne Speech Pathology |
14.2.8. Speech Plus |
14.2.9. Talk Speech |
14.2.10. CHEO |
15. Research Methodology |
16. Key Assumptions and Acronyms |