The global speech therapy services market size was estimated to be USD 34.67 billion in 2023 and is expected to reach at USD 91.47 billion by 2034 with a CAGR of 9.22% during the forecast period 2024-2034. Rise in the screening for speech & hearing impairment in newborns, growing elderly population, increasing research & development activities, surge in prevalence of speech disorders & neurological conditions, increased government initiatives to improve healthcare infrastructure, rising government efforts to provide communication disorder facilities in all schools & educational institutions, growing advancements in technology, increasing adoption of telehealth, and surge in number of market players launching speech therapy services are some of the key factors boosting the market growth.
Surge in number of market players launching speech therapy services is predicted to boost the market growth during the forecast period. For instance, in April 2023, Great Speech has introduced services for Gender-Affirming Voice Therapy and has provided specialized training for speech-language specialists. The training, led by seasoned speech-language therapists with experience working with the non-binary and transgender community, also incorporated insights from a speech-language therapist who has personally undergone a gender transition.
By therapy, articulation therapy was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the increasing recognition of speech disorders, rising importance of early detection, a greater emphasis on convenience, cost-effectiveness, & the capability to reach underserved populations, rising demand for therapeutic interventions, growing adoption of teletherapy & remote services, and a heightened focus on expansion among market players. For instance, in November 2022, Binghamton University, part of the State University of New York, has broadened its provision of speech therapy services both on and off campus. Additionally, oral motor therapy is predicted to grow at the fastest CAGR during the forecast period owing to the increasing recognition of oral motor challenges & their influence on speech & feeding development may result in a higher number of individuals seeking assessment and intervention.
By indication, neurological conditions was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the surge in the elderly population, which is more susceptible to neurological conditions, increasing prevalence of Parkinson's disease, rising adoption of communication therapy services for neurological conditions. Additionally, speech & language disorder is predicted to grow at the fastest CAGR during the forecast period owing to the advancements in automatic language recognition technology tailored for application in neurodegenerative diseases, an increasing integration of therapy within educational settings, and rise in government initiatives. For instance, in September 2023, The National Institutes of Health initiated the Tackling Acquisition of Language in Kids (TALK) program in response to congressional curiosity regarding research aimed at assisting children who experience delayed language development.
By age group, geriatric was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the rise in research & development efforts focused on neurodegenerative disorders such as Alzheimer's, increased government investments, growing prevalence of Alzheimer's disease among the elderly population, surge in research studies, and increasing introduction of new services by speech-language pathologists (SLPs). For instance, in December 2023, Speech-Language Pathologist Alecia Johnson has established Thrive Therapy Solutions, Inc., a home-based therapy service catering to individuals of all ages in Indiana. Alecia's expertise lies in LSVT LOUD for Parkinson's, cognitive-communication therapy, swallowing therapy, and pediatric language and articulation. Additionally, pediatric is predicted to grow at the fastest CAGR during the forecast period owing to the increasing occurrence of communication impairment in children, a heightened awareness, growing necessity for early diagnosis, and a rise in the prevalence of speech and language disorders.
By end-user, hospitals was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the increase in services addressing communication disorders, growing incidence of cognitive disorders in infants, rise in the number of Speech-Language Pathologists (SLP), surge in government policies that offer support, an uptick in healthcare funding, and growing number of initiatives aimed at enhancing hospital services. For instance, in March 2022, Ontario's government has introduced 22 more SmartStart Hubs across the province with the goal of providing early intervention and child development services, which include speech and language services. Additionally, homecare settings was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the growing advancements in technology, a preference for patient-centered care, increasing need for home care services, and a growing elderly population facing communication disorders.
North America region is anticipated for the highest revenue share during the forecast period owing to the rising aging population, increased prevalence of Alzheimer's disease, growing emphasis on screening tests for infants, leveraging well-established healthcare infrastructure, and surge in collaborations within the industry. For instance, in January 2023, The Steppingstones Group, a prominent provider of behavioral, autism, therapeutic, nursing, and educational services for children in home, school, and community environments, has completed the acquisition of Catalyst Speech Language Pathology. This organization specializes in delivering school-based speech-language pathology services in the greater Los Angeles area. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rise in the occurrence of speech disorders, increasing advancements in technology, growing government initiatives to encourage a healthy lifestyle, the number of hospitals and centers for treating speech disorders is increasing, and market players are undertaking a surge in initiatives. For instance, in April 2022, In Maharashtra, India, Sassoon General Hospital has inaugurated a novel clinic specializing in speech and voice rehabilitation and diagnostics within its ENT department. The clinic incorporates cutting-edge technology, including slow-motion video, to assist in identifying vocal cord motions and intricacies for individuals of all age groups experiencing voice or communication issues.
Surge in number of market players launching speech therapy services is predicted to boost the market growth during the forecast period. For instance, in April 2023, Great Speech has introduced services for Gender-Affirming Voice Therapy and has provided specialized training for speech-language specialists. The training, led by seasoned speech-language therapists with experience working with the non-binary and transgender community, also incorporated insights from a speech-language therapist who has personally undergone a gender transition.
By therapy, articulation therapy was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the increasing recognition of speech disorders, rising importance of early detection, a greater emphasis on convenience, cost-effectiveness, & the capability to reach underserved populations, rising demand for therapeutic interventions, growing adoption of teletherapy & remote services, and a heightened focus on expansion among market players. For instance, in November 2022, Binghamton University, part of the State University of New York, has broadened its provision of speech therapy services both on and off campus. Additionally, oral motor therapy is predicted to grow at the fastest CAGR during the forecast period owing to the increasing recognition of oral motor challenges & their influence on speech & feeding development may result in a higher number of individuals seeking assessment and intervention.
By indication, neurological conditions was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the surge in the elderly population, which is more susceptible to neurological conditions, increasing prevalence of Parkinson's disease, rising adoption of communication therapy services for neurological conditions. Additionally, speech & language disorder is predicted to grow at the fastest CAGR during the forecast period owing to the advancements in automatic language recognition technology tailored for application in neurodegenerative diseases, an increasing integration of therapy within educational settings, and rise in government initiatives. For instance, in September 2023, The National Institutes of Health initiated the Tackling Acquisition of Language in Kids (TALK) program in response to congressional curiosity regarding research aimed at assisting children who experience delayed language development.
By age group, geriatric was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the rise in research & development efforts focused on neurodegenerative disorders such as Alzheimer's, increased government investments, growing prevalence of Alzheimer's disease among the elderly population, surge in research studies, and increasing introduction of new services by speech-language pathologists (SLPs). For instance, in December 2023, Speech-Language Pathologist Alecia Johnson has established Thrive Therapy Solutions, Inc., a home-based therapy service catering to individuals of all ages in Indiana. Alecia's expertise lies in LSVT LOUD for Parkinson's, cognitive-communication therapy, swallowing therapy, and pediatric language and articulation. Additionally, pediatric is predicted to grow at the fastest CAGR during the forecast period owing to the increasing occurrence of communication impairment in children, a heightened awareness, growing necessity for early diagnosis, and a rise in the prevalence of speech and language disorders.
By end-user, hospitals was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the increase in services addressing communication disorders, growing incidence of cognitive disorders in infants, rise in the number of Speech-Language Pathologists (SLP), surge in government policies that offer support, an uptick in healthcare funding, and growing number of initiatives aimed at enhancing hospital services. For instance, in March 2022, Ontario's government has introduced 22 more SmartStart Hubs across the province with the goal of providing early intervention and child development services, which include speech and language services. Additionally, homecare settings was the highest revenue-grossing segment in the global speech therapy services market in 2023 owing to the growing advancements in technology, a preference for patient-centered care, increasing need for home care services, and a growing elderly population facing communication disorders.
North America region is anticipated for the highest revenue share during the forecast period owing to the rising aging population, increased prevalence of Alzheimer's disease, growing emphasis on screening tests for infants, leveraging well-established healthcare infrastructure, and surge in collaborations within the industry. For instance, in January 2023, The Steppingstones Group, a prominent provider of behavioral, autism, therapeutic, nursing, and educational services for children in home, school, and community environments, has completed the acquisition of Catalyst Speech Language Pathology. This organization specializes in delivering school-based speech-language pathology services in the greater Los Angeles area. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rise in the occurrence of speech disorders, increasing advancements in technology, growing government initiatives to encourage a healthy lifestyle, the number of hospitals and centers for treating speech disorders is increasing, and market players are undertaking a surge in initiatives. For instance, in April 2022, In Maharashtra, India, Sassoon General Hospital has inaugurated a novel clinic specializing in speech and voice rehabilitation and diagnostics within its ENT department. The clinic incorporates cutting-edge technology, including slow-motion video, to assist in identifying vocal cord motions and intricacies for individuals of all age groups experiencing voice or communication issues.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
Study Coverage
- Market Forecast by Type, Material, Product, and End-user
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement.
Segmentation: Speech Therapy Services Market Report 2023 - 2034
Speech Therapy Services Market Analysis & Forecast by Therapy 2023 - 2034 (Revenue USD Bn)
- Language Intervention Therapy
- Oral Motor Therapy
- Articulation Therapy
- Others
Speech Therapy Services Market Analysis & Forecast by Indication 2023 - 2034 (Revenue USD Bn)
- Speech & Language Disorder
- Neurological Condition
- Autism Spectrum Disorder (ASD)
- Others
Speech Therapy Services Market Analysis & Forecast by Age Group 2023 - 2034 (Revenue USD Bn)
- Pediatric
- Adult
- Geriatric
Speech Therapy Services Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Hospitals
- Clinics & Rehabilitation Centers
- Homecare Setting
Speech Therapy Services Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Speech Therapy Services Market: Therapy Estimates & Trend Analysis
8. Speech Therapy Services Market: Indication Estimates & Trend Analysis
9. Speech Therapy Services Market: Age Group Estimates & Trend Analysis
10. Speech Therapy Services Market: End-user Estimates & Trend Analysis
11. Regional Market Analysis
12. North America Speech Therapy Services Market
13. Europe Speech Therapy Services Market
14. Asia Pacific Speech Therapy Services Market
15. Latin America Speech Therapy Services Market
16. MEA Speech Therapy Services Market
17. Competitor Analysis
18. Company Profiles
Companies Mentioned
- Humanus Corporation
- John McGivney Children's Centre
- Reliant Medical Group
- Speechpathway.net
- Smart Speech Therapy
- Speech Plus
- Benchmark Therapies Inc.
- Speech Therapy Services London Ltd
- Talk About Speech Pathology
- CHEO
- Speech Therapy Talk Services LLC
- SPEECH THERAPY SOLUTIONS INC.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 34.67 Billion |
| Forecasted Market Value ( USD | $ 91.47 Billion |
| Compound Annual Growth Rate | 9.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
