Dyslexia Treatment Market Share, Size, Trends, Industry Analysis Report, By Type (Phonological Dyslexia, Surface Dyslexia, and Others); By Therapy Type; By End User; By Region; Segment Forecast, 2024 – 2032
- Published Date:Jan-2024
- Pages: 114
- Format: PDF
- Report ID: PM4168
- Base Year: 2023
- Historical Data: 2019 – 2022
Report Outlook
The global dyslexia treatment market was valued at USD 29.31 billion in 2023 and is expected to grow at a CAGR of 7.2% during the forecast period.
The rapid increase in the consumer personal disposable income and significant unmet demand for this condition worldwide, coupled with the growing demand for disease-specific innovative treatments, drive the global market for dyslexia treatment at an exponential pace. In addition, growing reforms in education systems that recognize dyslexia as a specific learning disability, which have led to a greater emphasis on early intervention and tailored educational programs, are further anticipated to open up new growth avenues for the market in the near future.
To Understand More About this Research: Request a Free Sample Report
For instance, in August 2022, IIT Kanpur announced that they have successfully developed a novel application named “Assistive Application for Children with Dyslexia and Dysgraphia” to help children with dyslexia & dysgraphia learn. It will act as an additional support to children with dyslexia and cater to services and devices that enable people with learning disorders.
In recent years, numerous researches and studies have been done into the neurological basis of dyslexia, leading to innovations in neuroimaging techniques such as functional MRI and diffusion tensor imaging, which can provide crucial insights into the brain regions involved in reading and offer potential biomarkers for early diagnosis and treatment of dyslexia.
The Dyslexia Treatment Market report details key market dynamics to help industry players align their business strategies with current and future trends. It examines technological advances and breakthroughs in the industry and their impact on the market presence. Furthermore, a detailed regional analysis of the industry at the local, national, and global levels has been provided.
However, the lack of universal screening and awareness about the availability of treatment options in the market and the high cost associated with such treatment that creates a barrier for patients with financial problems and low income are key factors projected to hamper the global market growth.
Industry Dynamics
Growth Drivers
Development of Virtual Reality-Based Educational Software and Growing Incidences of Dyslexia
There is an increasing proliferation among leading companies in the market towards developing new and more innovative virtual reality-based educational software that allows individuals to practice reading in a controlled & virtual setting and the ability to create immersive and multi-sensory learning environments, which, in turn, becoming key factor influencing the growth of the market.
Furthermore, the number of people suffering from dyslexia across the globe is drastically increasing, which positively influences the demand and adoption of advanced treatment solutions, including virtual reality-based solutions. For instance, the number of people across the world living with dyslexia accounted for almost 780 million, which means 1 in every 10 people have dyslexia. And more than 40 million people in the United States have dyslexia, but only 2 million of them receive a diagnosis for that.
Report Segmentation
The market is primarily segmented based on type, therapy type, end user, and region.
|
By Type |
By Therapy Type |
By End User |
By Region |
|
|
|
|
To Understand the Scope of this Report: Speak to Analyst
By Type Analysis
Phonological Dyslexia Segment Accounted for the Largest Market Share in 2023
The phonological dyslexia segment accounted for the largest share. The growth of the segment market is highly attributed to the greater prevalence of phonological dyslexia and surging awareness among people about the availability of accurate diagnosis of such conditions coupled with the growing adoption of multisensory teaching methods and structured literacy approaches.
Moreover, ongoing research in the field of dyslexia and related learning disorders across the world has led to the development of evidence-based interventions that are mainly designed to address the specific challenges being faced by individuals with phonological dyslexia and provide them with a convenient and effective treatment option, likely to bode well for segment market growth.
By Treatment Analysis
Occupational Therapy Segment Held the Majority Share in 2023
The occupational therapy segment held the majority share, which is majorly driven by its growing adoption and popularity as a holistic approach to treatment to effectively address the physical, cognitive, and emotional aspects of dyslexia and surge in the number of occupational therapists who are expert in creating customized intervention plans tailoring to specific needs and requirement of everyone with dyslexia. In addition, increasing research and development efforts focused on the advancements in occupational therapy techniques that could lead to more effective treatments for dyslexia, further driving the demand for these services all over the world.
By End User Analysis
Home Care Segment is Expected to Witness Highest Growth Throughout Forecast Period
The home care segment is expected to grow at the highest growth rate throughout the study period, mainly due to the increased number of individuals demanding dyslexia treatment at home, as it allows individuals with dyslexia to receive treatment and support in a comfortable and familiar setting while reducing anxiety and stress associated the clinical or institutional environments. Apart from this, home care treatment is emerging as a cost-effective option for dyslexia as compared to institutional or clinic-based care, as it eliminates the overhead costs associated with facilities and infrastructure, leading to significant segment market growth.
The hospitals and clinics segment led the industry market with a notable share in 2023, which is largely accelerated by the large patient pool in the hospitals and clinics as compared to other healthcare settings, as they have access to the most innovative and advanced treatment techniques and technologies. Besides this, hospitals and clinics are well-known for their ability to offer a wide range of therapeutic services, such as speech therapy, occupational therapy, and educational therapy, that are essential for addressing the specific needs of individuals with dyslexia.
Regional Insights
North America Region Dominated the Global Market in 2023
The North America region dominated the global market. The robust presence of well-developed and established healthcare infrastructure, supportive government laws, and a high prevalence of dyslexia across the region significantly drive regional market growth. In addition, the rising investments in research & development activities in the healthcare sector, leading to the development and creation of innovative tools and software that easily and effectively assist individuals with dyslexia in their learning process, is also likely to generate huge growth potential for the region's market.
The Asia Pacific region is projected to exhibit the fastest growth rate. It will account for a significant share over the forecast period on account of growing awareness about dyslexia and many other learning disabilities and their significant impacts on people's lives and various other favorable factors in the region, such as supportive regulatory changes, rising healthcare infrastructure spending, higher prevalence of neurological disorders, and integration of digital technology in education.
For instance, according to a recent report published by Frontiers, it was estimated that 96,201 patients with several neurological diseases were diagnosed and treated in China during the period, with an average fertility rate of approx. 4.1%. Cerebrovascular disease was the most prevalent severe neurological disease, with 52.2%.
Key Market Players & Competitive Insights
The dyslexia treatment market is slightly competitive in nature with the robust presence of various leading global market players. These players are extensively focusing on research & development activities and adopting various business expansion strategies such as partnerships, collaborations, acquisitions & mergers, and new product innovations.
Some of the major players operating in the global market include:
- Cogmed
- CogniFit
- Dyslexia Action Group Holdings Ltd.
- Eli Lilly & Company
- Gemm Learning
- Jubiliant Pharma Limited
- Kurzweil Education
- Lindamood Bell
- Lyfta
- Nessy Learning LLC
- NeuroNet Learning
- Novartis AG
- Pearson PLC
- Pfizer Inc.
- RPG Lifesciences
- Scientific Learning Corporation
- Teva Pharmaceutical Industries
Recent Developments
- In May 2022, Mayor Adams, introduced new program to address dyslexia in N.Y.C. Schools, and plant to screen nearly all the students for dyslexia. Along with this, 80 elementary schools & 80 middle schools also received support for addressing the needs of children suffering with the dyslexia.
- In January 2023, Schwab Learning Center, inaugurated a new dyslexic-friendly lab at the Schwab Learning Center, which is specially designed to engage students with dyslexia, hyperactivity disorder, and many other learning differences to embrace their strengths and address challenges.
Dyslexia Treatment Market Report Scope
|
Report Attributes |
Details |
|
Market size value in 2024 |
USD 31.36 billion |
|
Revenue forecast in 2032 |
USD 54.90 billion |
|
CAGR |
7.2% from 2024 – 2032 |
|
Base year |
2023 |
|
Historical data |
2019 – 2022 |
|
Forecast period |
2024 – 2032 |
|
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
|
Segments covered |
By Product, By Treatment, By End User, By Region |
|
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
|
Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
Market extends to a comprehensive market forecast up to 2032, coupled with a retrospective examination. Avail yourself of a complimentary PDF download to sample this in-depth industry analysis. report to suit their needs. By customizing the report, you can get data as per your format and definition. Also, the customization option allows you to gain a deeper dive into a specific segment, region, customer, or market competitor.
Browse Our Top Selling Reports
Paper Straw Market Size, Share 2024 Research Report
SMS Firewall Market Size, Share 2024 Research Report
Virtual Sports Market Size, Share 2024 Research Report
Consumer Genomics Market Size, Share 2024 Research Report
Aircraft Catering Vehicle Market Size, Share 2024 Research Report
FAQ's
The global dyslexia treatment market size is expected to reach USD 54.90 billion by 2032
Key players in the market are Kurzwell Education, Cogmed, Eli Lilly & Company, Jubiliant Pharma Limited
North America contribute notably towards the global dyslexia treatment market
The global dyslexia treatment market is expected to grow at a CAGR of 7.2% during the forecast period.
The dyslexia treatment market report covering key segments are type, therapy type, end user, and region.
© 2024 Polaris Market Research and Consulting. All rights reserved
