SEARCH   
MEMBER LOGIN    

TENS Machine Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

TENS Machine Manufacturing Market Research Report | Life Sciences | Medical Devices | Jun 2014

Easing tension: An aging population and greater innovation have supported growth

IBISWorld’s TENS Machine Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Djo Global Djo Global market share
Industry Statistics & Market Size
Revenue
$502m
Annual Growth 09-14
2.9%
Annual Growth 14-19
Purchase to read more
Profit
Purchase to read more
Employment
1,845
Businesses
45
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 SWOT Analysis Chapter

Over the 10 years to 2019, industry value added, which measures an industry's contribution to GDP, is expected to grow roughly in line with overall economic growth as measured by US gross domestic product (GDP). Industry value added is forecast to grow at an average annual rate of 2.4% over the 10-year period, compared with expected average GDP growth of 2.7%. Although these figures are roughly equal, the TENS Machine Manufacturing industry is growing slightly more slowly than the economy, indicating that this industry may be in a declining stage of its life cycle. Moreover, the majority of this 2.4% growth is driven by the period prior to the Medicare restrictions of 2012, and these years are not indicative of the majority of the ten-year period to 2019... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the TENS Machine Manufacturing Industry?

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.

Industry Products
EMS and TENS combination machinesHand-held TENS machinesMiniature TENS machinesAccessories and replacements
 
Industry Activities
TENS machineTENS replacement part and accessories


View Sample
Quote
Select Clients