> Hearing aids typically cost anywhere from ₹ 50,000 to upwards of ₹ 8L depending on the correction capability For those who don't recognize the ₹ symbol it is the symbol for the Indian Rupee and an "L" after a number means 100,000, so ₹ 8L is ₹ 800,000. At current exchange rates that puts hearing aids in India from $600 to upwards of $9,500. AirPods Pro 2 are ₹ 24,900 ($295).
I’m not across the scope of hearing aid technology, but what does the product at that upper tier actually look like, and how much does it cost in another country? I’m envisioning some highly specialised and tuned implant at that price.
What drives the prices up is a multitude of factors: High end DSPs, micro speakers which can do good sound reproduction at required frequencies, relatively low sales volume, R&D expenses and of course an insatiable appetite for profits.
These things always cost and arm and a leg in here, too.