The World Hearing Report, published by WHO in 2021, revealed that about 1.5 billion people worldwide are affected by hearing loss, with about 400 million of them having moderate or higher levels of hearing loss. A hearing aid is a small amplifier that amplifies sound and uses the residual hearing of the hearing-impaired person to deliver sound to the auditory centers of the brain and perceive it. As the global economy grows and healthcare costs rise, so do hearing aid sales worldwide.
China is a major global producer and exporter of hearing aids, exporting a large number of hearing aids every year. According to the publisher's analysis, in 2021, China exported 15,058,700 hearing aids, up 28.49% year-on-year, with an export value of US$397 million, up 46.34% year-on-year.
In 2022, China's hearing aid exports did not achieve growth due to COVID-19. From January to October 2022, China exported 11,552,800 hearing aids, down 1.52% year-on-year, and the export value was US$316 million, down 2.82% year-on-year.
In 2021, China exported hearing aids to more than 110 countries and regions worldwide. The publisher's analysis shows that the United States, the Netherlands, the United Kingdom, Japan, Malaysia, Greece, India, Chile, Hong Kong, China, and Vietnam are the main export destinations for hearing aids in China by export volume. In 2021, China exported 3,297,000 hearing aids to the U.S., accounting for 21.89% of the total hearing aid exports and US$106 million, or 26.82% of the total export value.
China is a major global producer and exporter of hearing aids, and The publisher expects rising global sales of hearing aids from 2023-2032 to fuel growth in Chinese hearing aid exports.
Topics covered:
- China's Hearing Aid Export Status and Major Sources in 2018-2022
- What is the Impact of COVID-19 on China's Hearing Aid Export?
- Which Companies are the Major Players in China's Hearing Aid Export Market and What are their Competitive Benchmarks?
- Key Drivers and Market Opportunities in China's Hearing Aid Export
- What are the Key Drivers, Challenges, and Opportunities for China's Hearing Aid Export during 2023-2032?
- What is the Expected Revenue of China's Hearing Aid Export during 2023-2032?
- What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
- What are the Competitive Advantages of the Major Players in China's Hearing Aid Export Market?
- Which Segment of China's Hearing Aid Export is Expected to Dominate the Market in 2032?
- What are the Major Adverse Factors Facing China's Hearing Aid Export?
Table of Contents
1. 2018-2022 China's Hearing Aid Export Analysis1.1. China's Hearing Aid Export Scale
1.1.1. China's Hearing Aid Export Volume
1.1.2. China's Hearing Aid Export Value
1.1.3. China's Hearing Aid Export Price
1.2. China's Main Export Destinations of Hearing Aids
1.2.1. By Export Volume
1.2.2. By Export Value
2. 2018-2022 China Body Worn Hearing Aids Export Analysis
2.1. Export Volume of Body Worn Hearing Aids
2.2. Export Value of Body Worn Hearing Aids
2.3. Export Price of Body Worn Hearing Aids
2.4 Export Destinations of Body Worn Hearing Aids
2.4.1. By Export Volume
2.4.2. By Export Value
3. 2018-2022 China Behind-the-Ear Hearing Aid Export Analysis
3.1. Export Volume of Behind-the-Ear Hearing Aids
3.2. Export Value of Behind-the-Ear Hearing Aids
3.3. Export Price of Behind-the-Ear Hearing Aids
3.4 Export Destinations of Behind-the-Ear Hearing Aids
3.4.1. By Export Volume
3.4.2. By Export Value
4. 2018-2022 China In-the-Ear Hearing Aid Export Analysis
4.1. In-the-Ear Hearing Aid Export Volume
4.2. In-the-Ear Hearing Aid Export Value
4.3. In-the-Ear Hearing Aid Export Price
4.4 In-the-Ear Hearing Aid Export Destinations
4.4.1. By Export Volume
4.4.2. By Export Value
5. 2018-2022 China Hearing Aids Major Export Destinations Analysis
5.1. United States
5.2. Netherlands
5.3. United Kingdom
5.4. Japan
5.5. Malaysia
5.6. Other Export Destinations
6. China's Export Outlook for Hearing Aids, 2023-2032
6.1 Factors Affecting China's Hearing Aid Exports
6.1.1 Favorable Factors
6.1.2. Unfavorable Factors
6.2. China's Hearing Aid Export Forecast, 2023-2032
6.2.1 Export Volume Forecast
6.2.2. Major Export Destinations Forecast
6.2.3. Major Export Types of Hearing Aids Forecast
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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