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Dyslexia Treatment Market Size to hit $11.74 billion by 2031, growing at a CAGR of 6.4%, says Coherent Market Insights

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BURLINGAME, Calif., July 22, 2024 /PRNewswire/ — The global Dyslexia Treatment Market is projected to grow from USD 7.59 billion in 2024 to USD 11.74 billion by 2031, with a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031, as per a recent report by Coherent Market Insights. Increasing understanding about learning difficulties like dyslexia, more parents are understanding the need for specialized treatment options. Various non-profit organizations and advocacy groups are promoting screening and early detection of dyslexia in schools. Their efforts are helping identify students who need support and accommodation.

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Market Dynamics: 

The dyslexia treatment market is driven by growing awareness regarding early dyslexia diagnosis and treatment. Various initiatives undertaken by governments and non-profit organizations to educate people about dyslexia symptoms and available treatment options are also expected to aid market growth. Additionally, the introduction of novel screening and assessment tools for identifying dyslexia at an early stage is estimated to present lucrative opportunities. However, the high cost of specialized dyslexia treatment and diagnosis is expected to hinder the market growth.

Dyslexia Treatment Market Report Coverage

Report Coverage

Details

Market Revenue in 2024

$7.59 billion

Estimated Value by 2031

$11.74 billion

Growth Rate

Poised to grow at a CAGR of 6.4%

Historical Data

2019–2023

Forecast Period

2024–2031

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Type, By Drug Class, By Distribution Channel

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Growth Drivers

 

Increasing Research and Development Activities by Key Market Players Growing Awareness and Social Acceptance of Dyslexia

Restraints & Challenges

 

Lack of Trained Professionals Social Stigma

Market Trends:

Audio-visual stimulation therapy and brain training programs have gained immense popularity in recent years. Many clinics and schools are implementing specialized programs that involve the use of technology such as audio books, music therapy, and computer-assisted reading programs to aid dyslexic children. Neuromodulation techniques such as repetitive transcranial magnetic stimulation (rTMS) are also emerging as promising treatment avenues. rTMS involves using magnetic fields to stimulate targeted areas of the brain and help reorganize dysfunctional neural connections related to reading, writing and language processing in dyslexia patients.

Market Opportunities:

Phonological dyslexia is the most common type of dyslexia. It occurs due to impaired ability to relate sounds to letters. Around 75% of people with dyslexia have phonological dyslexia. The increasing awareness campaigns by non-profit organizations are highlighting this fact and driving more people towards seeking effective treatment options for phonological dyslexia. Various methods such as Orton-Gillingham and Lindamood Bell programs focus on phonological awareness, letter-sound association and decodable texts. The growth in personalized therapies and digital learning tools for phonics-based reading is expected to provide lucrative opportunities in this segment.

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With advancements in digital health technologies, home care delivery models for dyslexia treatment are gaining popularity. Products like speech recognition software, audio books, apps for testing & remediation are easy to access from home and provide flexible options for users. They are finding wide acceptance for supporting independent learning, continued practice and screening of dyslexia symptoms. This reduces the burden on hospitals and clinics. Specialized home care service providers are emerging who offer teletherapy, online tutoring and mentoring for dyslexic individuals. The comfort, affordability and growing remote care trend is driving the demand in the home care segment.

Key Market Takeaways

The global dyslexia treatment market size was valued at USD 7.59 billion in 2024 and is anticipated to witness a CAGR of 6.4% during the forecast period. Increasing public awareness about dyslexia diagnosis and availability of various rehabilitation options are fueling the market growth.

By type, phonological dyslexia segment holds the largest share owing to its high prevalence rate. Phonics-based therapies are very effective for this type of dyslexia.

On the basis of end users, specialty centers segment dominates the market due to availability of dedicated dyslexia specialists and multidisciplinary treatment approaches under one roof.

North America has emerged as the leading regional market on account of established healthcare infrastructure and favorable government policies for learning disabilities in the US and Canada.

Key players operating in this space include Pfizer, Inc., Speechify Inc., and Jubilant Pharma Limited among others. These companies are focusing on new product launches and geographical expansion to strengthen their market position.

Recent Developments:

In December 2022, The All-India Institute of Medical Sciences (AIIMS) announced the development of an app to help cure dyslexia in children. This app, being made under AIIMS Pediatric Neurology Dyslexia Remedial Intervention Program that has eight modules will allow dyslexia treatment to be done sitting at home.

In August 2021, An Australian ed-tech start-up named Dystech, has created a dyslexia screening tool for the early identification of learning disabilities and has raised $290K to advance the development of its Dyscover platform and make it accessible to schools and allied health professionals around the world.

To conclude, the dyslexia treatment market offers promising prospects backed by ongoing research on innovative drugs and technologies. Increasing collaborations between industry and non-profits augur well for the industry.

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Detailed Segmentation-

By Type:

Phonological DyslexiaSurface DyslexiaDouble Deficit DyslexiaOthers

By Drug Class:

AntihistaminesCentral Nervous StimulantSelective Norepinephrine Reuptake InhibitorsOthers

By Distribution Channel:

Hospital PharmaciesRetail PharmaciesOnline Pharmacies

By Region:

North America:

U.S.Canada

Latin America:

BrazilArgentinaMexicoRest of Latin America

Europe:

GermanyU.K.SpainFranceItalyRussiaRest of Europe

Asia Pacific:

ChinaIndiaJapanAustraliaSouth KoreaASEANRest of Asia Pacific

Middle East:

GCC CountriesIsraelRest of Middle East

Africa:

South AfricaNorth AfricaCentral Africa

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact Us:
Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone: 
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com
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SOURCE Coherent Market Insights

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Gubagoo and Fullpath Unveil Curator, the First Unified Intelligence Engine for Automotive Retailers

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Curator brings together every type of data across a dealership and normalizes, cleanses, and deduplicates it, creating a single unique view of every customer.

HOUSTON and TEL AVIV, Israel, Nov. 17, 2024 /PRNewswire/ — Gubagoo, the leading provider of digital retailing and conversational commerce for automotive dealerships, announced today Curator, the first Unified Intelligence Engine for automotive retailers.

Powered by Fullpath, the automotive industry’s leading customer data platform (CDP) and marketing automation platform, Gubagoo’s Curator has unified all three types of data – transactional, demographic, and behavioral – and made it actionable. Curator collects and unifies first-party data from multiple sources to build a single, complete view of each customer. Dealerships can then use this data for powerful customer and user activation – giving consumers the 1:1 personalization they expect in today’s environment.

While dealerships sit on a wealth of data, one of the biggest challenges they face is leveraging their strong datasets to impact their business strategy and improve the client experience. The root cause is data siloed in disparate applications, spread across multiple or duplicate customer records, sources, reporting tools, and vendors.

Through the partnership, Fullpath provides accurate first-party behavioral data fueled by its powerful analytics engine, identity resolution, and website traffic attribution.

Gubagoo and its parent company, Reynolds and Reynolds, bring a view from inside the dealership with transactional and demographic information, leveraging the richest first-party data in the industry from within the DMS and CRM, as well as customer activity from chat and digital retailing activities.

Combining all of this data into a Unified Intelligence Engine creates a holistic view of the dealership’s customers, unlike any other.

“We knew with Gubagoo and Reynolds we would build something historic for the industry by giving dealers the power to understand and activate their data through a truly connected data infrastructure. And now that we’ve seen the power of Curator, we know that dealers have unparalleled views of their customers they can take action on,” says Aharon Horwitz, Fullpath CEO & Co-founder.

By connecting the DMS, CRM, F&I, Chat, Digital Retailing tools, and more, Curator provides:

Business insightsDecisioning toolsMulti-touch attribution metricsData segmentation across sales and serviceCampaign management and audience best practices for marketing purposesSales enablement

Furthermore, Curator measures effectiveness by department, ad campaigns, as well as customer retention and reactivation; all while managing data hygiene, enrichment, appends, and ID resolutions.

“Dealers have a huge opportunity in front of them, and we couldn’t be more excited to help them take advantage of it with a Unified Intelligence Engine,” said Brad Title, president of Gubagoo. “They have struggled for years with segmented data in disparate tools, and now with Curator, they can leverage all their information in a single place to dramatically increase efficiencies and truly wow customers.”

The groundbreaking Unified Intelligence Engine will launch at NADA 2025.

About Fullpath
Fullpath is the automotive industry’s first enhanced Customer Data Platform (CDP). Fullpath unifies first-party dealership data and activates it by layering powerful AI and marketing automation on top to create a Customer Data and Experience Platform (CDXP). Dealerships that invest in the platform create exceptional, hyper-personalized customer experiences that drive loyalty and build resilient, lasting business.

About Gubagoo
Gubagoo is the leading provider of conversational commerce and retail solutions for both automotive dealerships and OEMs. More than 8,500 dealerships worldwide partner with Gubagoo, including 90% of the top dealer groups in North America. The company is a subsidiary of Reynolds and Reynolds, with offices in Dayton, Ohio, Houston, Texas, and operates in the US, Canada, Mexico, Europe, and Australia. (Gubagoo.com)

View original content:https://www.prnewswire.com/news-releases/gubagoo-and-fullpath-unveil-curator-the-first-unified-intelligence-engine-for-automotive-retailers-302307665.html

SOURCE Fullpath

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O’Fallon (MO) Police Department Revolutionizes Public Safety with Cutting-Edge Technology with Caliber Public Safety

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O’Fallon (MO) Police Department is enhancing public safety by adopting Caliber’s public safety software suite, positioning itself as a leader in modern public safety technology.

WINSTON-SALEM, N.C., Nov. 17, 2024 /PRNewswire-PRWeb/ — O’Fallon, MO – The O’Fallon Police Department is proud to announce its partnership with Caliber Public Safety, integrating state-of-the-art Computer-Aided Dispatch (CAD), Records Management System (RMS), and Mobile solutions to enhance public safety and law enforcement operations.

“We’re honored to partner with the O’Fallon Police Department in their innovative approach to public safety, empowering their mission to boost efficiency and protect their community,” said Chris Faircloth, VP of Sales and Marketing for Caliber Public Safety.

This significant upgrade reinforces the department’s commitment to modernizing public safety, ensuring the protection and well-being of O’Fallon’s 94,000+ residents. The integration of Caliber’s innovative technologies optimizes dispatch and response operations, facilitating faster reaction times and more effective data management.

“We are excited to leverage these cutting-edge tools to serve our community more efficiently and effectively,” said Chief Frank Mininni. “This technological leap ensures our teams can react faster and manage critical data more effectively, creating a more secure environment for everyone.”

Key benefits of the upgrade include:

Enhanced efficiency through seamless integration of CAD, Mobile, and RMS technologiesImproved data sharing capabilities, connecting local, regional, state, and national agenciesIncreased situational awareness for first responders through real-time access to critical information

The O’Fallon Police Department’s investment in Caliber Public Safety’s solutions was made possible by the “Use Tax” approved by voters in 2019. This tax enables the department to stay current with evolving technology, ensuring transparency and effective use of taxpayer money.

“We are honored to partner with the O’Fallon Police Department in their forward-thinking approach to public safety,” said Chris Faircloth, Vice President of Sales and Marketing for Caliber Public Safety. “Together, we are empowering their mission to enhance operational efficiency and safeguard the people they serve.”

About the O’Fallon Police Department:

The O’Fallon Police Department serves over 94,000 residents with a team of 100+ sworn officers, consistently ranking among America’s “Best Places to Live” and “Safest Cities.”

About Caliber Public Safety:

Caliber Public Safety provides innovative solutions to over 1,000 public safety agencies across North America, focusing on data-sharing and interoperability.

Media Contact

Chris Faircloth, Caliber Public Safety, 1-800-274-2911, info@caliberpublicsafety.com, https://caliberpublicsafety.com/

View original content:https://www.prweb.com/releases/ofallon-mo-police-department-revolutionizes-public-safety-with-cutting-edge-technology-with-caliber-public-safety-302307052.html

SOURCE Caliber Public Safety; Caliber Public Safety

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GAC Group Showcases New Energy Vehicles and Unveils “Panyu Action” at the 22nd Guangzhou International Auto Show

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GUANGZHOU, China, Nov. 17, 2024 /PRNewswire/ — On November 15, at the 22nd Guangzhou International Auto Show, GAC’s self-owned brands unveiled three groundbreaking models. Alongside these vehicle debuts, GAC Group introduced its three-year strategic initiative – “Panyu Action” – which aims to increase the share of self-owned brands to over 60% of total group sales by 2027, targeting 2 million units in sales.

Designed to drive GAC Group’s transformation, “Panyu Action” is expected to enhance operational efficiency and position the company for sustained high-quality development. This strategic initiative is expected to help GAC strengthen its leadership within both domestic and international automotive markets.

Feng Xingya, President of GAC Group, stated, “GAC Group has taken a solid step forward in its new phase of transformation. We will forge ahead with determination and live up to expectations, presenting an all-new GAC to everyone over the next three years!”

In line with its vision, GAC Group has invested over 50 billion yuan in independent research and development. The company plans to invest an additional 50 billion yuan in the next three years to support its “Panyu Action” initiative, reinforcing its commitment to remain at the forefront of technological innovation in the automotive industry.

“Right now, GAC’s global expansion is entering a new phase, with vehicle exports and local production moving forward together,” said Wei Haigang, President of GAC International. ” We will continue to expand international markets, with plans to reach 100 countries and regions by 2027, and export 500,000 vehicles.”

As part of its growth strategy, GAC Group unveiled three standout models at this year’s auto show: the S7, GAC’s first advanced intelligent vehicle, featuring AI-driven ambient lighting with eight preset expressions for personalized interaction; the Aion UT, the third global strategic model from Aion, with bold headlights and a hatchback design that embodies a unique, free-spirited style; and the HYPTEC HL, GAC’s luxury intelligent flagship SUV, which combines yacht-style wraparound design with zero-gravity seats for an unmatched luxury electric driving experience.

These new models highlight GAC Group’s dedication to leading the smart electric vehicle market, with plans for their introduction to international markets as part of the company’s ongoing global expansion strategy.

Looking ahead, GAC Group remains committed to delivering better products, services, and experiences to consumers worldwide, enhancing mobility solutions and enriching the lives of customers across the globe.

SOURCE GAC

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