Ask HN: Why aren't there more hearing aid startups?
11–20 of 53 posts
Re: Ask HN: Why aren't there more hearing aid startups?
#12Cost of entry is immense. As with anything medical or food and drug related, there are large (and expensive) obstacles to hurdle before any product can enter the market. It's a rather difficult market to get into without a large amount of capital at your disposal.
> Cost of entry is immense. As with anything medical or food and drug related, there are large (and expensive) obstacles to hurdle before any product can enter the market. What about not using the US as the launch market?
Re: Ask HN: Why aren't there more hearing aid startups?
#13That said with the recent changes allowing OTC hearing aids as of 2022 and companies like rewind.ai chasing always-on audio recording I imagine we'll see some interesting innovations in this space over the next few years.
Re: Ask HN: Why aren't there more hearing aid startups?
#14Earlier quoted context omitted.
> Cost of entry is immense. As with anything medical or food and drug related, there are large (and expensive) obstacles to hurdle before any product can enter the market. What about not using the US as the launch market?
Any market that doesn't have the equivalent of the FDA probably has very little money in it.
Re: Ask HN: Why aren't there more hearing aid startups?
#15It doesn't even need to be a startup: hearing aids are techically inferior to mid-range earbuds, yet cost more than 10x more. I'm guessing it's a certification+distribution issue, like for smartphones in the US. I've heard Bose has something in test though ?
Re: Ask HN: Why aren't there more hearing aid startups?
#16Earlier quoted context omitted.
> Cost of entry is immense. As with anything medical or food and drug related, there are large (and expensive) obstacles to hurdle before any product can enter the market. What about not using the US as the launch market?
The US is probably the worst launch market. The FDA regulates hearing aids so any new product would have to go through the FDA validation process, which is expensive. Edit: I may have misread your comment, my apologies! I'm only loosely familiar with the US regulation on this matter and completely unfamiliar with other countries' regulations but I'd find it hard to believe there's any country more expensive to launch…
https://www.fda.gov/news-events/press-announcements/fda-fina...
https://www.federalregister.gov/documents/2022/08/17/2022-17...
Re: Ask HN: Why aren't there more hearing aid startups?
#17Earlier quoted context omitted.
The US is probably the worst launch market. The FDA regulates hearing aids so any new product would have to go through the FDA validation process, which is expensive. Edit: I may have misread your comment, my apologies! I'm only loosely familiar with the US regulation on this matter and completely unfamiliar with other countries' regulations but I'd find it hard to believe there's any country more expensive to launch…
In 2017, congress ordered the FDA to allow over-the-counter hearing aids. In late 2022, they finally got around to it, so it should be easier now than it was. https://www.fda.gov/news-events/press-announcements/fda-fina... https://www.federalregister.gov/documents/2022/08/17/2022-17...
Re: Ask HN: Why aren't there more hearing aid startups?
#18Hello, my name is Blue. I am also severely hearing loss. We have developed hearing aids, but we are currently only sold in Taiwan. Other countries will start selling them this year(FDA approved). If you are interested, you can follow otoadd ( https://otoadd.com/index-en.html )
Re: Ask HN: Why aren't there more hearing aid startups?
#19I don’t know about hearing aid startups, but if someone can make an aid with decent Bluetooth I would love to hear about it. I recently got a pair of Otacon Real 1s and the Bluetooth has a range of about 1 foot. If I pair my iPhone and stream music it will cut out if I put it in my front pocket. They were basically a $3000 mistake, after insurance.
The Bluetooth audio quality is not as good as the normal amplification or a decent headset, but it is functional for listening and calls. If I had two aids I would probably care more about getting it tuned for better music listening.
Re: Ask HN: Why aren't there more hearing aid startups?
#20Earlier quoted context omitted.
> Cost of entry is immense. As with anything medical or food and drug related, there are large (and expensive) obstacles to hurdle before any product can enter the market. What about not using the US as the launch market?
The US is probably the worst launch market. The FDA regulates hearing aids so any new product would have to go through the FDA validation process, which is expensive. Edit: I may have misread your comment, my apologies! I'm only loosely familiar with the US regulation on this matter and completely unfamiliar with other countries' regulations but I'd find it hard to believe there's any country more expensive to launch…