Incorporation of Telehealth and Adoption of Online Healthcare Applications Driving Global Dysphagia Management Market
Rockville, Jan. 14, 2024 (GLOBE NEWSWIRE) -- As per a new industry analysis by Fact.MR, a market research and competitive intelligence provider, the net worth of the global Dysphagia Management Market was figured to be around US$ 3,589.2 million in 2019. In 2024, the total demand for dysphagia management services is expected to reach US$ 4,935.4 million.
The worldwide demand for dysphagia management services is projected to grow at a CAGR of 8.6% through 2034. By following this robust growth trend, the global dysphagia management industry is forecasted to reach a valuation of US$ 11,310.1 million by 2034.
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Key Segments of Dysphagia Management Industry Research Report
| By Product Type | By Indication | By Distribution Channel | By Region |
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Dysphagia management market players concentrate on developing goods and services that meet the special requirements of patients in different age groups who have trouble swallowing. Patient-oriented methods in medical practices have led to many innovations in dysphagia management, such as modified texture diets and speech therapy for dysphagia.
Recent years have witnessed the facilitation of remote dysphagia monitoring and consulting through the integration of telehealth and the adoption of online healthcare technologies. Dysphagia management service providers are utilizing these advanced solutions to extend their reach and offer prompt assistance to patients, particularly those in rural or underserved areas, contributing to the rapid expansion of the market.
“The incorporation of telehealth and the adoption of online healthcare applications have enhanced the accessibility of remote dysphagia monitoring and consulting. These advanced solutions are used by dysphagia management service providers to increase their reach and give patients prompt assistance,” says a Fact.MR analyst.
Key Takeaways from the Global Dysphagia Management Market Study Report
- The net revenue generated from dysphagia management services in North America in 2024 is estimated to be around US$ 3,425 million.
- The market is expected to register a CAGR of 8.4% through 2034.
- In 2024, the net valuation of the dysphagia management industry in Japan is estimated to be around US$ 844 million.
- The demand for dysphagia management services is growing at a faster rate in China, which is poised to witness a CAGR of 9.7% through 2034.
- South Korea is also an emerging country in the global dysphagia treatment market in East Asia and it is poised to follow a CAGR of 9.6% through 2034.
Nutritional solutions are anticipated to account for 56.4% of the total market revenue for dysphagia care plans or treatments in 2024. Market participants find themselves compelled to offer age-appropriate nutritional solutions, addressing the unique challenges associated with patients across different age groups. The demand for nutritional solutions or modified diets tailored for dysphagia is expected to witness a notable growth at a CAGR of 9.2% through 2034.
Other product segments, including drugs and feeding tubes, contribute to the diverse landscape of dysphagia treatment options, bolstering intervention trends for oropharyngeal dysphagia in recent years. The sales of feeding tubes are projected to experience an annual growth rate of 8.2% until 2034. This specific market segment is poised to reach a valuation of US$ 3,763.3 million by 2034, marking substantial growth from its 2024 value of US$ 1,713.5 million.
Competitive Dynamics
The market exhibits fragmentation, primarily dominated by a handful of players successfully offering emerging treatments for dysphagia. However, the escalating prevalence of dysphagia globally has spurred numerous healthcare industry entities to integrate dysphagia therapy products into their portfolios.
Key strategies employed by leading players include educational programs targeting medical professionals to enhance their understanding and proficiency in managing dysphagia. Simultaneously, new entrants can navigate the intensifying competition by devising dysphagia management solutions tailored to address specific challenges associated with neurological disorders.
Recent Advancements in Dysphagia Management
- In October 2023, Amrita Hospital unveiled the SWALLO app for dysphagia sufferers during the Dysphagia Global Conference 2023. While the mobile app is currently exclusive to Amrita Hospital patients with dysphagia, there are plans to make it accessible to the general public in the near future.
- In January 2023, Nestlé Inc. introduced the ThickenUp Clear product line for food and beverage thickeners in the Indian market. This innovative solution caters to individuals facing difficulty swallowing, particularly those dealing with oropharyngeal dysphagia.
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| Report Attribute | Details |
| Value Projection (2034) | US$ 11,310.1 Million |
| Growth Rate (2024-2034) | 8.6% CAGR |
| No. of pages | 170 Pages |
| No. of Tables | 64 Tables |
| No. of Figures | 192 Figures |
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