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Development Trend of Hearing Aids in China

Earsmate

Hearing aid is a kind of loudspeaker device that helps the hearing impaired to improve their hearing, thereby enhancing the ability of speech communication. People who use hearing aids are generally deaf and dumb. Chinese hearing aids are becoming more and more mature in technology and market . Next, let you understand the future development trend of Chinese hearing aids.

Current Status of Hearing Aids in China

According to the data from the "Report on the Market Development of China's Hearing Aid Industry from 2021-2027 and Forecast of the Competitive Landscape" released this year, according to statistics, the output of China's hearing aids in 2017 was 19.252 million. In 2018 , affected by the rapid increase in export orders, the output of China's hearing aids increased to 26.228 million, and the output in 2019 was 28.957 million. Affected by the new crown epidemic in 2020, overseas orders for hearing aids in China have dropped significantly. In 2020, the output and import and export of hearing aids will have a significant decline. In 2020, the output of hearing aids will fall to 24.024 million.

Hearing aid market size

Data show that the size of China's hearing aid market in 2019 is about 5.272 billion yuan, and the market size in 2020 will reach 5.821 billion yuan.

With the continuous development of China's economy and the aging of the population, the demand for hearing aids continues to rise, and the market scale of the hearing aid industry is also rising. According to data, the market size of China's hearing aid industry in 2013 was 2.309 billion yuan, and by 2020, the market size of China's hearing aid industry has grown to 5.821 billion yuan. From 2013 to 2020, the market size of China's hearing aid industry has increased by 152.1%.

In terms of types, the market size of various types of hearing aids in China has maintained growth from 2013 to 2020, and the market for deep-ear canal hearing aids has the fastest growth. By 2020, the scale of my country's cassette hearing aid market will be 1.543 billion yuan; the scale of BTE hearing aids will be 2.023 billion yuan; the scale of deep ear canal hearing aids will be 1.838 billion yuan; and the scale of other hearing aids will be 417 million yuan.

Features of Chinese Hearing Aids

  • Hearing aid type

    Digital hearing aids have basically replaced analog hearing aids. In the past, the demand for hearing aids in the domestic market was dominated by cassette hearing aids, with annual sales accounting for 60.5% of the total domestic sales; BTE hearing aids accounted for 32% , and the development of hearing aids is basically close to the bottleneck period. The problems faced by analog hearing aids have been solved through digital technology. Thanks to the rapid development of microelectronics technology that supports the improvement of hearing aid chips, digital signal processing chip technology and super computing capabilities have become a new driving force for the global hearing aid market. The six major foreign hearing aid manufacturers have independently developed chips with independent intellectual property rights, which are only used for their own products, while other hearing aid manufacturers buy from common manufacturers chip.

  • Hearing aid price

    In China, because of the huge population base. The cost of workers is very low. The average cost per worker is US$2 per hour, and in developed regions such as the United States, the average cost is US$40 per hour. There is a big difference between the two. In terms of production costs, the price of digital hearing aids in China is much lower than in other countries. This advantage has brought huge advantages to China's digital hearing aids.

    Digital hearing aids in developed countries such as the United States, Japan, the United Kingdom, Denmark, and Germany are generally around US$2,000. The price of hearing aids in China is US$300. Low prices are the main reason why other countries place orders from China.

  • chip

    Old-brand hearing aid manufacturing countries, such as the United States, Germany, Denmark, Switzerland, etc., previously accounted for 80% of the entire hearing aid market, and have independent hearing aid chip technology. Other manufacturers can only produce through common chip manufacturers.

    With the continuous efforts of Chinese hearing aid manufacturers, China's digital hearing aid technology is gradually catching up, and the market continues to grow. Gradually fill the gap in the low-end market for hearing aids.

    In 2019, China's self-developed hearing aid chip came out. This also indicates that China will break the monopoly of foreign hearing aid technology.

The Future Development Trend of China's Hearing Aid Industry

  1. Miniaturization

    From the size of the desktop at the end of the 19th century to the weight of less than one gram at the end of the 20th century, hearing aids have become smaller and smaller. Although no effective method has been found to further reduce the overall size of hearing aids, as a trend, hearing aids will definitely become smaller and more beautiful. Micro-hearing aids are not only the hope of manufacturers, but also the requirements of the majority of hearing aid users;

  2. Personalization

    With the popularization of related hearing knowledge, people will pay more and more attention to their own hearing. At the same time, they will find that there are very few hearing impaired people with the same hearing loss. Every hearing impaired has its own special aspect Therefore, it will inevitably become a development trend to customize hearing aids for each hearing impaired person to ensure the use effect.

  3. Intelligent

    In order to further improve the quality of hearing aids (such as clarity), hearing aids must have "intelligence" such as memory and recoding capabilities, such as anti-noise, sound source directional localization, sound quality localization and other types of cochlear performance . All this requires the support of computer technology and digital technology. Intelligent hearing aids have begun to receive widespread attention, but they are far from mature as a commodity and far from meeting the needs of special users.

Conclusion

With the continuous efforts of Chinese hearing aid manufacturers, China's digital hearing aid market continues to grow. Gradually fill the gap in the low-end market for hearing aids.

If you want to buy hearing aids in bulk, please consider choosing an excellent supplier in China. Founded in 2016, Great Ears is located in Zhongshan, Guangdong Province, China. It is an ideal choice for wholesale business, and the production of hearing aids is already selling well all over the world.

Great Ears is a rapidly developing hearing aid manufacturer in China. High-quality products and competitive prices are ideal for hearing impaired patients.

Contact us now for more information and consultation.

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