Speech Therapy Services Market Size, Share & Trends Analysis Report By Indication (ASD, Speech & Language Disorder), By Therapy Type (Articulation, Oral Motor), By Age Group, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Speech Therapy Services Market Trends

The global speech therapy services market size was estimated at USD 34.5 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.21% from 2024 to 2030. Major factors expected to drive the growth include the rising consumer demand for services and increasing incidence of communication disorders among children and adults worldwide. Furthermore, rising technological advancements and telehealth adoption are dynamic trends are expected to propel the market growth over the forecast period.

The increasing number of individuals suffering from speech and language disorders, such as aphasia, stuttering, articulation, and others, creates a huge demand for effective treatment therapy. According to the National Aphasia Association, more than 2 million people in the U.S. have aphasia. In addition, according to American Speech-Language-Hearing Association, approximately 100,000 to 180,000 people in the U.S. acquire aphasia each year.

Communication disorders are prevalent among people with neurological disorders, including those with Parkinson's disease and stroke. Based on a study by the National Aphasia Association, 25% to 40% of people who have a stroke, experience some kind of aphasia. These conditions can greatly affect the quality of life if left treated. Seeking proper medical attention is crucial for managing these disorders and improving overall well-being. This is expected to boost demand for speech therapy services during the forecast period.

Market Concentration & Characteristics

Technological advancements have led to the development of new ways of assisting therapies in speech language pathology (SLP). With the rise of digital and technological advancements in all fields, the services leading to the emergence of new methods to aid people in achieving their speech therapy goals. For instance, robots are being developed to assist people with communication difficulties, such as KASPAR, a British humanoid designed to interact with autistic children and aid in improving their communication abilities. These advancements are expected to boost market growth.

Market players engage in merger and acquisition activities to expand their geographical footprint and enter new territories. These activities can enable companies to reach a wider audience and explore new markets. For instance, in January 2023, The Steppingstones Group, a leading provider of behavioral, autism, therapeutic, nursing, and educational services to children in home, school, and community settings, has acquired Catalyst Speech Language Pathology, that offers school-based speech-language pathology services in greater Los Angeles area.

In the U.S., according to the American Speech-Language-Hearing Association (ASHA), audiology and Speech-Language Pathology are state-regulated professions. Each state has its own licensure, registration, or certification standards. ASHA provides national certifications such as the Certificate of Clinical Competence (CCC), although state regulations differ from national certifications, many states do provide their regulatory requirements on the CCC standards.

Key players are expanding their facilities and capabilities to promote their service offerings in market. In November 2022, Binghamton University State University of New York has expanded its speech therapy services on and off campus. In September 2022, division opened Binghamton University Speech, Language and Hearing Clinic in New York. The clinic offers additional speech and language therapy services in region and serves as a training site for undergraduate students in minor. This clinic also provides services such as Parkinson’s SPEAK OUT! & The LOUD Crowd Program, Early Intervention and Preschool Program, Aphasia Program, After School Program, Stuttering Program, Social Skills Program, and Augmentative and Alternative Communication (AAC) Program.

The level of regional expansion is significant in market as various government programs and initiatives to promote treatment of language disorder in different countries such as the U.S. are expected to boost the market growth. In October 2023, Great Speech, virtual speech therapy platform, has expanded its services to army and their families by becoming an in-network provider through Health Net Federal Services inside the TRICARE West Region.

Indication Insights

The speech and language disorder segment dominated the market in 2023 with a revenue share of 38.86% and is expected to maintain its dominance during the projected period. Patients with neurological disorders, including those with Parkinson's disease and stroke, often experience communication disorders. Therefore, proper treatment and management are essential for patients to maintain independence and effective communication.

A 2022 study by the Parkinson's Foundation stated that nearly 90,000 people in the U.S. are diagnosed with Parkinson's disease every year, a 50% increase from earlier estimates. In addition, an article by University of Health Sciences, işli Hamidye Etfal Training and Research Hospital, published in June 2023, noted that 90% of Parkinson's patients experience hypokinetic dysarthria, a complex speech impairment. These rising rates of language disorders, combined with beneficial reimbursement policies for speech-language pathology services in U.S., are driving demand for these therapies and expected to fuel the market growth.

The neurological conditions segment is expected to register the fastest CAGR from 2024 to 2030. Speech therapy for neurological conditions can aid vocalization, articulation, and pronunciation. Additionally, this therapy can help to increase confidence and reduce anxiety and depression. The adoption of communication therapy services for neurological conditions is expected to increase, which will likely drive technological advancements in the field. For instance, the development of automatic language recognition technology for use in neurodegenerative diseases is expected to contribute to the segment’s growth.

Age Group Insights

The pediatric segment is anticipated to dominate the global market with a maximum revenue share of 62.77% in 2023 and is expected to register the fastest CAGR from 2024 to 2030. The prevalence of communication impairment in children is a significant driver for the pediatric segment. Increased awareness, and early diagnosis contribute to the demand for pediatric services.

Speech therapy services are often integrated into educational settings, including schools and primary childhood education programs. The integration of therapy into educational environments can contribute to the growth of the pediatric segment. Government policies, funding for school-based language therapy programs, and legislation promoting primary intervention services can positively impact the market. For instance, in 2023 the National Institutes of Health launched the program named Tackling Acquisition of Language in Kids (TALK) in response to congressional interest in research to support late talking children.

The geriatric segment is expected to hold significant revenue share during the forecast period. The increasing age-related communication and swallowing disorders leads to a higher demand for healthcare services, including language therapy. Furthermore, introduction of new services by speech-language pathologists (SLPs) anticipated to drive growth of the segment. For instance, December 2023, Alecia Johnson, a Speech-Language Pathologist, has launched Thrive Therapy Solutions, Inc., a home-based therapy service for people of all ages in Indiana. Alecia specializes in LSVT LOUD for Parkinson's, cognitive-communication therapy, swallowing therapy, and pediatric language and articulation. She creates personalized treatment plans to maximize communication skills and improve daily activities.

End-use Insights

The hospitals and clinics segment dominated the global market with the largest revennue share of 48.81% in 2023. The increasing number of SLP in developing countries is expected to expand the market for services. As the population ages, language-related disorders such as auditory processing disorder are becoming more prevalent. Supportive government policies, healthcare funding, and initiatives to improve rehabilitation services contribute to the growth of services in hospitals and clinics. These factors can influence the accessibility and affordability of therapy for patients.

Moreover, new facilities increase the capacity of hospitals and clinics to provide speech therapy services, addressing a larger patient population. This expansion enhances accessibility, reducing waiting times and accommodating a greater number of individuals seeking language treatment. For instance, in April 2022, Sassoon General Hospital in Maharashtra in India has introduced a new speech and voice rehabilitation and diagnostic clinic as part of its ENT department. The clinic provides advanced technology such as slow-motion video to help identify vocal cord motions and details for patients of all ages who have voice or communication problems.

The homecare settings segment is expected to register the fastest CAGR from 2024 to 2030. The growing demand for home care services in the market is influenced by a combination of demographic trends, technological advancements, and a desire for patient-centered care. As the healthcare landscape continues to evolve, home-based therapy is probable to play an increasingly significant role in meeting the diverse needs of individuals across different age groups and health conditions.

Therapy Type Insights

The articulation therapy segment is anticipated to dominate the global market with the largest revenue share of 32.49% in 2023. Growing awareness of speech disorders and the importance of early diagnosis is anticipated to drive the demand for articulation therapy and as the need for therapeutic interventions expected to rise, it is anticipated to drive the growth of the segment.

Moreover, the adoption of teletherapy and remote services has expanded access to articulation therapy. This trend is likely to continue, fueled by factors such as convenience, cost-effectiveness, and the ability to reach underserved populations. In addition, increased emphasis on early intervention for speech and language disorders is a key driver fueling the segment growth. Recognizing and addressing articulation issues in initial childhood can lead to better outcomes and reduce the need for extensive therapy later in life.

The oral motor therapy segment is expected to register the fastest CAGR in the coming years. Growing awareness of oral motor issues and their impact on speech and feeding development can drive the demand for oral motor therapy. This increased awareness may lead to more individuals seeking assessment and intervention. According to WHO in 2023, 1 in ever 100 children has autism globally leading to the increased language and feeding issue among children. This is one of the major factors driving the overall growth of the market.

Regional Insights

North America in speech therapy services market accounted for a 30.40% of the revenue share in 2023. The market share of this segment is expected to grow due to factors such as a rising geriatric population, prevalence of Alzheimer's disease, changes in reimbursement policies, and increased screening tests for babies. According to Statistics Canada, in 2022, 18.8% of Canada's total population is aged 65 years or older, which amounts to around 7,330,605 individuals. U.S. accounted for the largest share in North America in 2023.

U.S. Speech Therapy Services Market Trends

The CDC's EHDI program works with states to ensure that all children get screened for hearing loss and receive follow-up tests and services. Growing screening and reimbursement programs for language disabilities are expected to boost the market growth in the region. In May 2021, a digital speech therapy company based in U.S., Expressable, has raised a new USD 4.5 million seed round to provide approximately five million children with communication disorders in U.S. Thus, key developments by market players are expected to grow in the country during the forecast period.

Europe Speech Therapy Services Market Trends

Europe was identified as a lucrative region in the speech therapy services industry. The growth of the Europe market can be attributed to an including an aging population, higher diagnosis rates of speech and language disorders among children, and increased awareness about the importance of early intervention and the local presence of key market players in this region.

Speech therapy services market in UK is expected to grow over the forecast period due to the presence of well-established healthcare infrastructure, the high disposable income and higher diagnosis rates of speech and language disorders in children.

France speech therapy services market is expected to grow over the forecast period. The French government has implemented various policies and initiatives to support the provision of speech therapy services, particularly for children with developmental speech and language disorders. These efforts aim to improve early intervention, increase access to services, and enhance the overall quality of care provided to patients.

Speech therapy services market in Germany is expected to grow over the forecast period. New service launches can have a significant impact on the market in Germany by addressing emerging needs, improving access to care, and enhancing the overall quality of services.

Asia Pacific Speech Therapy Services Market Trends

Asia Pacific is expected to register the fastest growth over the forecast period. This growth can be attributed to several factors, such as public awareness campaigns and several technological advancements being developed to improve the delivery of services in the region. This is making speech therapy more accessible and affordable for people.

Speech therapy services market in China is expected to grow over the forecast period due the growing focus on improving healthcare R&D aided with development of novel technologies.

Japan speech therapy services market is expected to grow over the forecast period due to the presence of well-established healthcare system and high adoption of advanced services & therapies for effective diagnosis & management of speech diseases.

Latin America Speech Therapy Services Market Trends

The speech therapy industry in Latin America was identified as a lucrative region in this industry. Technological advancements and the increasing awareness regarding speech therapies in the region, are anticipated to fuel market growth.

Speech therapy services market in Brazil is expected to grow over the forecast period due to the rising adaption of early intervention programs, and family-centered therapies to support children's communication development and academic success.

MEA Speech Therapy Services Market Trends

The MEA market for speech therapy services expected to have lucrative growth during the forecast period. The MEA region has a rapidly growing population, including a significant proportion of young children and aging adults. This demographic shift contributes to an increased demand for speech therapy services, as both children and older adults are susceptible to speech and language disorders due to various factors such as developmental issues, strokes, and neurological conditions.

Speech therapy services market in Saudi Arabia is expected to grow over the forecast period owing increasing investments in healthcare infrastructure and growing healthcare expenditure. This investment includes expanding rehabilitation services, including speech therapy, to meet the growing healthcare needs of the population.

Key Speech Therapy Services Company Insights

The market is highly fragmented, with the presence of multiple major players. The key players are adopting growth strategies to enhance their market presence. Companies offering telehealth and digital platforms for speech therapy services have gained prominence, especially considering the increased adoption of remote healthcare solutions. Telehealth providers may include startups and established companies that offer virtual speech therapy services.

Recent Developments

• In April 2023, Great Speech has launched gender-specific voice therapy services and specialized training for speech language specialists. The training was conducted by experienced speech-language therapists who have worked with the non-binary and transgender population, as well as input from a speech-language therapist who has transitioned to her gender.

• In March 2022, Ontario government to establish 22 additional SmartStart Hubs to enhance parent and caregiver connection with local child development services.

Speech Therapy Services Market Report Scope

Global Speech Therapy Services Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global speech therapy services market report based on indication, therapy type, age group, end-use, and region:

• Indication Outlook (Revenue, USD Billion, 2018 - 2030)

  • Autism Spectrum Disorder (ASD)

  • Speech and Language Disorder

  • Neurological Conditions

  • Others

• Therapy Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Articulation Therapy

  • Language Intervention Therapy

  • Oral Motor Therapy

  • Others

• Age Group Outlook (Revenue, USD Billion, 2018 - 2030)

  • Pediatric

  • Geriatric

  • Adults

• End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Hospitals and Clinics

  • Rehabilitation Centers

  • Homecare Settings

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Sweden

    • Norway

    • Denmark

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • Thailand

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • MEA

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait