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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 | May 2015

Rising tension: Decreased Medicare coverage has subdued industry growth

IBISWorld’s TENS Machine Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Djo Global Djo Global market share
Industry Statistics & Market Size
Revenue
$516m
Annual Growth 10-15
1.2%
Annual Growth 15-20
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Profit
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Employment
1,878
Businesses
43
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 enxperienced robust growth, as the expanding elderly population 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% medical device excise tax and the industry's increased spending on wages, as companies scramble to create cutting-edge devices to compete with low-cost imports.... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry into the TENS Machine Manufacturing industry are moderate. The population of seniors (aged 65 and over) in the United States is growing faster than the general population, and seniors are more likely to experience chronic pain or suffer from injuries. This factor stimulates demand for medical devices, including TENS machines, which creates market opportunities for potential industry entrants. Increased access to healthcare under the Patient Protection and Affordable Care Act (PPACA) has also strengthened demand for industry products, as has expansion of federal funding to Medicare and Medicaid... 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


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