Industry Analysis & Industry Trends
This industry manufactures transcutaneous electrical nerve stimulation (TENS) devices. These machines provide electric currents to the nerves to stimulate them for therapeutic purposes, mainly for pain relief. Prior to 2012, industry firms enjoyed robust growth, as the expanding elderly population (who use TENS machines for chronic pain management) provided a growing market for industry devices. However, a 2012 Medicare decision to eliminate coverage of industry devices prescribed for chronic lower back pain dealt a severe blow to the industry. Going forward, the industry will likely suffer due to both the continued imposition of a 2.3%.... purchase to read more
Industry Report - Industry Locations Chapter
TENS machine manufacturers are located throughout the country, but are mainly concentrated in states with high-tech industries, including microelectronics and biotechnology. Locations that are close to complementary industries, customers, suppliers and highly skilled labor are also more likely to be home to TENS machine manufacturers.
This industry is concentrated in the West, following the distribution in the larger Medical Device Manufacturing industry (IBISWorld report 33451b). This region accounts for 25.5% of total industry revenue. Within this region, much industry activity is located in California; this state alone generates nearly 20.0% of total industry revenue... purchase to read more