Inside voice: An aging population will increase demand for industry services
The Speech-Language Pathologists industry has experienced steady conditions and stable revenue growth. The industry, which comprises health practitioners that primarily evaluate, diagnose and treat speech, language, cognitive-communication and swallowing disorders, typically services clients in school facilities, healthcare facilities and hospitals. Furthermore, increased access to health insurance due to healthcare reform has enabled individuals to afford industry services, as many speech-language pathology services are covered by health insurance. Industry-wide revenue has been growing at a CAGR of 0.7% over the past five years and is expected to total $4.9 billion in 2023 when revenue will rise by an estimated 1.4%.
This industry comprises businesses of health practitioners that primarily evaluate, diagnose and treat speech, language, cognitive communication and swallowing disorders.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
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Methodology
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