Industry Analysis & Industry Trends
Manufacturers of transcutaneous electrical nerve stimulation (TENS) devices, which provide electric currents to the nerves to stimulate them for therapeutic purposes, have experienced healthy growth over the past five years. Despite the economic recession that has brought down the entire manufacturing sector, the gaining popularity of over-the-counter machines and smaller but more affordable units has helped the TENS Machine Manufacturing industry post strong growth. Since 2006, revenue increased at an average annualized rate of 14.4% to $602.4 million, including 7.4% in 2011.
An aging population in the United States has largely supported the industry's growth.... purchase to read more
Industry Report - Industry Products Chapter
Operators in the TENS Machine Manufacturing industry make several types of equipment. The devices can generally be divided into three segments: combination TENS machines, hand-held TENS machines and miniature TENS machines. Combination machines have electro muscle stimulation (EMS) capabilities in addition to TENS capabilities. EMS machines are typically used to sooth pain by relaxing the targeted muscles while TENS machines help to block nerve responses to pain. IBISWorld estimates that combination devices account for 45.2% of industry revenue. Over the five years to 2011, combination machines have lost popularity to more compact options, largely because of price and convenience... purchase to read more