“Global Stuttering Devices Market: Growth, Outlook, and Competitive Analysis, 2018 – 2030” is the most recent market study released by Credence Research, Inc. The global stuttering devices market had revenue of about USD 284.6 million in 2022, and it is predicted that it will increase at a CAGR of more than 2.50% from 2018 to 2030, reaching about USD 338.2 million.
Market Overview
Stuttering is a common speech disorder. Electronic fluency devices (assistive devices, electronic aids, changed auditory feedback devices, and altered feedback devices) help those struggling with the disorder speak more naturally. The majority of electronic fluency aids work by altering the way the user’s voice is perceived. Devices like the Casa Futura School DAF machine and SpeechEasy, which deliver changed auditory feedback (including delayed and frequency-altered input), have been demonstrated to immediately reduce stuttering by 40–80% in reading activities. Speech naturalness is typically improved with AAF, and laboratory research shows that stuttering can be minimized using an electrical fluency device without slowing down speech tempo. Nonetheless, some people improve their fluency significantly after receiving modified feedback, while others see no change. The market for stuttering aids is expected to expand rapidly in the next years due to several causes. One aspect fueling market growth is the rising consciousness of stuttering and its consequences for social interaction and personal fulfillment. An uptick in demand for therapies for stuttering can be attributed to the growing number of persons seeking professional help for the condition. There is an expectation that technological advancements in stuttering aids will contribute to the market’s growth. As electronic fluency devices and other technologies continue to advance in sophistication and efficacy, and as they become more widely accessible and inexpensive, more patients are projected to embrace them. Moreover, market growth is anticipated to be fueled by strategic partnerships, M&A, and new product launches. Market growth for stuttering devices is expected to be largely buoyed by the growing incidence of stuttering. An estimated one percent of the global population struggles with stuttering, a speech disorder that affects people of all ages and backgrounds. Moreover, stuttering is more common in youngsters, with as many as 5% of preschoolers experiencing stuttering.
Company Profile
- SpeechEasy
Aspect |
Details |
Company Name |
SpeechEasy |
Headquarters |
Greenville, North Carolina, USA |
Founded |
2001 |
Core Products |
Fluency-enhancing devices for individuals who stutter |
Overview |
SpeechEasy specializes in innovative devices that assist people who stutter by utilizing Altered Auditory Feedback (AAF). Their products resemble hearing aids and work by changing the way users hear their own voice, which can dramatically improve speech fluency. |
Website |
speecheasy.com |
SpeechEasy is a blend of tried-and-true technology and practices for reducing stuttering. SpeechEasy, worn in one ear and looks like a hearing aid, has helped thousands of people improve their ability to communicate effectively and confidently. The curriculum with each SpeechEasy is backed by a team of fluency experts who genuinely care about your progress. SpeechEasy devices resemble hearing aids in appearance. Instead of boosting sound, SpeechEasy devices change the sounds that pass through the device, allowing you to hear your voice with a little time delay and at a different pitch. The delay and pitch change are intended to simulate a natural occurrence known as the “choral effect.” The choral effect occurs when you speak or sing in harmony with others, and your stutter is significantly decreased or erased. For decades, the choral effect has been widely established, and SpeechEasy employs it in a small, wearable gadget that can be utilized in everyday life.
- VoiceAmp
Aspect |
Details |
Company Name |
VoiceAmp |
Headquarters |
Toronto, Ontario, Canada |
Founded |
2010 |
Core Products |
Voice amplification solutions for individuals with soft voices or speech impairments |
Overview |
VoiceAmp offers specialized devices designed to amplify speech for those who struggle to be heard due to medical conditions like Parkinson’s disease. Their technology helps enhance communication by boosting vocal volume without straining the user’s voice. |
Website |
voiceamp.com |
VoiceAmp, founded in 1981, is a speech technology firm that provides innovative speech devices worldwide. The company is a pioneer in developing specialized solutions to help persons with speech impairments enhance their fluency and voice projection. VoiceAmp has been studied by university research programs in the United Kingdom, Europe, and South Africa for the last 15 years. VoiceAmp technology has also been displayed at international conferences, broadcast on television and radio, and discussed in media interviews on the role technology plays in treating speech impairments. VoiceAmp has been featured in numerous newspaper and magazine articles. Medical assistance and the Medical Health System in South Africa and the United Kingdom have approved the VoiceAmp device.
- SpeakFluent
Aspect |
Details |
Company Name |
SpeakFluent |
Headquarters |
London, United Kingdom |
Founded |
2015 |
Core Products |
AI-powered language learning platforms and speech coaching services |
Overview |
SpeakFluent focuses on helping individuals enhance their language proficiency and communication skills. Utilizing artificial intelligence and personalized coaching, they provide tools and programs for improving fluency, accent reduction, and public speaking confidence. |
Website |
speakfluent.com |
SpeechFleunt offers tailored speech training to help you feel more confident and understood. Communication is a fundamental human right; proper communication resources should be easily accessible. They want you to believe that people are paying attention to your words. They ensure that we understand your needs, whether for presenting, communicating with clients, or making friends, so that classes are targeted to make changes in the areas of your life that are most important to you. They begin with a one-hour examination to thoroughly grasp your challenges and find development opportunities.
- Teva Pharmaceutical Industries Ltd
Aspect |
Details |
Company Name |
Teva Pharmaceutical Industries Ltd |
Headquarters |
Tel Aviv, Israel |
Founded |
1901 |
Core Products |
Generic pharmaceuticals, specialty medicines, over-the-counter products |
Overview |
Teva is one of the world’s leading pharmaceutical companies, specializing in generic drugs that make healthcare accessible and affordable. They also develop specialty medicines in areas like central nervous system disorders, respiratory conditions, and oncology, impacting millions globally. |
Website |
tevapharm.com |
Teva medicines and products have been used by patients, carers, and healthcare practitioners for more than a century. As the world leader in generic medication, almost 200 million individuals on six continents use one of our products daily. Every year, they invest hundreds of millions of dollars to assist our scientists in developing specialty and biologic medicines to increase access and improve patient health. Teva’s leadership in healthcare has been distinguished by perseverance, entrepreneurial energy, and a desire to enhance people’s lives since its founding in 1901 in Jerusalem. This defines how we do business and inspires thousands of Teva employees worldwide daily.
- GlaxoSmithKline plc (GSK)
Aspect |
Details |
Company Name |
GlaxoSmithKline plc |
Headquarters |
London, United Kingdom |
Founded |
2000 (merger of Glaxo Wellcome and SmithKline Beecham) |
Core Products |
Pharmaceuticals, vaccines, consumer healthcare products |
Overview |
GSK is a global healthcare company driven by science and innovation. They work on developing medications and vaccines for a range of diseases including HIV, respiratory illnesses, and immuno-inflammation. Their consumer products include household names like Sensodyne and Advil. |
Website |
gsk.com |
GSK plc, formerly GlaxoSmithKline plc, is a multinational pharmaceutical and biotechnology corporation based in London, England. GSK, founded in 2000 by the merger of Glaxo Wellcome and SmithKline Beecham, is the world’s tenth-largest pharmaceutical firm and ranks 294 on the 2022 Fortune Global 500, trailing China Resources, Sinopharm, Johnson & Johnson, Pfizer, Roche, AbbVie, Novartis, Bayer, and Merck. The company is a constituent of the FTSE 100 Index and has its top listing on the London Stock Exchange. It has a market value of £70 billion as of August 2022, making it the ninth largest on the London Stock Exchange. It is also listed on the New York Stock Exchange.
- Johnson & Johnson Services
Aspect |
Details |
Company Name |
Johnson & Johnson |
Headquarters |
New Brunswick, New Jersey, USA |
Founded |
1886 |
Core Products |
Pharmaceuticals, medical devices, consumer packaged goods |
Overview |
Johnson & Johnson is a multinational corporation dedicated to advancing healthcare for over a century. With a vast portfolio ranging from medical devices and pharmaceuticals to consumer products like Band-Aid and Johnson’s Baby, they touch nearly every aspect of human health. |
Website |
jnj.com |
Johnson & Johnson believes excellent health is the cornerstone for vibrant lives, successful communities, and development. That is why, for over 135 years, they have worked to keep people healthy at all ages and stages of life. Today, as the world’s largest and most diverse healthcare firm, we are dedicated to using our size and reach for good. They work to increase access and affordability, build healthier communities, and make a healthy mind, body, and environment accessible to everyone, everywhere. Every day, more than 140,000 employees worldwide combine heart, science, and imagination to impact the trajectory of human health radically.
7. Merck & Co., Inc
Aspect |
Details |
Company Name |
Merck & Co., Inc (known as MSD outside the USA and Canada) |
Headquarters |
Kenilworth, New Jersey, USA |
Founded |
1891 |
Core Products |
Prescription medicines, vaccines, biologic therapies, animal health products |
Overview |
Merck is a global healthcare leader focused on innovative solutions for some of the world’s most challenging diseases. Their work spans oncology, infectious diseases, and vaccines, including significant contributions to the fight against COVID-19 and other global health threats. |
Website |
merck.com |
Merck & Co., Inc. is an American multinational pharmaceutical corporation in Rahway, New Jersey. It is named after the Merck Group, which was formed in Germany in 1668 and was previously the American part of the Merck Group. Outside of the United States and Canada, the company is known as Merck Sharp & Dohme, or MSD. It is one of the world’s major pharmaceutical corporations, consistently ranking in the top five in revenue. Merck & Co. was founded in 1891 as the US subsidiary of Merck Group. Merck researches and manufactures pharmaceuticals, vaccines, biological therapies, and animal health products. Cancer immunotherapy, anti-diabetic medication, and vaccinations against HPV and chickenpox are among the blockbuster drugs or products with 2020 revenues.
- Pfizer Inc
Aspect |
Details |
Company Name |
Pfizer Inc |
Headquarters |
New York City, New York, USA |
Founded |
1849 |
Core Products |
Biopharmaceuticals, including medicines and vaccines |
Overview |
Pfizer is committed to discovering groundbreaking treatments that improve patient lives. They’ve been at the forefront of developing therapies across various medical fields, notably playing a pivotal role in developing one of the first widely approved COVID-19 vaccines in collaboration with BioNTech. |
Website |
pfizer.com |
Pfizer Inc. is a multinational pharmaceutical and biotechnology firm in Manhattan on 42nd Street. In 1849, two German entrepreneurs, Charles Pfizer (1824-1906) and his relative Charles F. Erhart, founded the corporation in New York. Pfizer develops and manufactures immunology, oncology, cardiology, endocrinology, and neurology drugs and vaccines. The Pfizer-BioNTech COVID-19 vaccine ($37 billion in 2022 revenues), Nirmatrelvir/ritonavir ($18 billion in 2022 revenues), Apixaban ($6 billion in 2022 revenues), a pneumococcal conjugate vaccine ($6 billion in 2022 revenues), and Palbociclib ($5 billion in 2022 revenues) are the company’s most profitable products. In 2022, the United States accounted for 42% of the company’s revenues, Japan accounted for 8%, and other countries accounted for 50%.
- Novartis AG
Aspect |
Details |
Company Name |
Novartis AG |
Headquarters |
Basel, Switzerland |
Founded |
1996 (merger of Ciba-Geigy and Sandoz) |
Core Products |
Innovative medicines, eye care products, generic pharmaceuticals |
Overview |
Novartis is dedicated to reimagining medicine through innovation and technology. They focus on treatments in oncology, neuroscience, and ophthalmology, among others. With a strong generics division through Sandoz, they also strive to make high-quality medicines affordable worldwide. |
Website |
novartis.com |
Based in both Basel, Switzerland, and Cambridge, Massachusetts, USA, Novartis AG is a Swiss pharmaceutical conglomerate with a global reach. Novartis is one of the world’s major pharmaceutical firms, regularly placing in the top five and the fourth largest by revenue in 2022. Clozapine, carbamazepine, valsartan (Diovan), imatinib mesylate, cyclosporine (Neoral/Sandimmune), letrozole (Femara), methylphenidate (Ritalin), terbinafine (Lamisil), deferasirox (Exjade), and many others are all manufactured by Novartis. The Pharmaceutical Research and Manufacturers of America (PhRMA), the International Federation of Pharmaceutical Manufacturers (IFPMA), and the European Federation of Pharmaceutical Industries and Associations (EFPIA) all include Novartis as a full member (PhRMA)