Global TENS Machine
Market Report
2024
The global TENS machine market size is USD 0.42 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global TENS machine market size is USD 0.42 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global TENS Machine Market Sales Revenue 2023 | $ 0.42 Billion |
Global TENS Machine Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
Market Split by Type |
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Market Split by Application |
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Market Split by End User |
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Market Split by Age Group |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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TENS Machine Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The TENS machine market has witnessed a surge in regulatory approvals for various muscle stimulation devices. These approvals signify the growing acceptance and safety of transcutaneous electrical nerve stimulation (TENS) technology. TENS devices, known for alleviating pain and aiding muscle rehabilitation, have garnered increased interest among healthcare providers and consumers alike. This trend is anticipated to drive market growth, offering innovative solutions for pain management and muscle therapy.
For instance, in April 2020, Synapse Biomedical received the US FDA Emergency Use Authorization (EUA) for its TransAeris- a diaphragm stimulator that helps COVID-19 patients get off mechanical ventilation.
The growing prevalence of fibromyalgia has had a substantial impact on the TENS machine market. Fibromyalgia, a chronic pain disorder affecting millions worldwide, has limited treatment options. TENS machines, which offer non-invasive pain relief through electrical stimulation, have gained prominence as a complementary therapy for fibromyalgia patients. Their ability to alleviate pain, reduce muscle tension, and improve sleep quality aligns with the complex symptomatology of fibromyalgia. As awareness of TENS therapy for fibromyalgia spreads among healthcare professionals and sufferers, it is anticipated that the TENS machine market will see continued growth, driven by the increasing demand for effective and drug-free pain management solutions in this patient population.
For instance, in the article published by the Centers for Disease Control & Prevention in May 2022, Fibromyalgia affects about 4 million US adults, about 2% of the adult population.
Prominent players in the TENS machine market have employed several strategies to expand their business. They've focused on product innovation, introducing advanced features and wireless connectivity to enhance user experience. Additionally, strategic partnerships with healthcare providers and online retailers have widened their distribution networks. Promotional campaigns highlighting the effectiveness of TENS therapy for pain management have also been pivotal. Finally, market leaders have emphasized global expansion by entering emerging markets, thereby increasing their customer base and market presence, ensuring sustained growth in this competitive sector.
For instance, DJO (Colfax Corporation), in April 2021, finalized the acquisition of MedShape, Inc., a leading provider of medical machines for joint fusion, fracture fixation, and soft tissue injury repair.
The TENS machine market has faced challenges stemming from a need for more skilled or trained physicians in the field. Insufficient physician training and awareness about TENS technology can hinder its adoption and recommendation to patients. This gap in knowledge and expertise may result in missed opportunities for patients to explore non-pharmacological pain management options like TENS therapy. Addressing this issue through medical education and training initiatives could help unlock the full potential of the TENS machine market, improving patient access to effective pain relief solutions.
The TENS machine market, like many healthcare sectors, experienced a considerable influence from the COVID-19 pandemic. While initially facing disruptions in the supply chain and production due to lockdowns and restrictions, the market quickly adapted to the changing healthcare landscape. The demand for TENS machines surged as patients sought non-pharmacological pain relief options to avoid potential side effects of medication and to manage discomfort associated with COVID-19 symptoms. Telemedicine also played a significant role in promoting TENS device sales, as remote consultations led to increased awareness and recommendations for at-home pain management solutions, ultimately driving market growth during the pandemic.
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The major players are rapidly evolving with new strategies to attain a competitive edge and capture major market share. The key players in the TENS machine market are emphasizing the expansion of creative offerings to serve a large consumer base and gain a competitive benefit.
In September 2020, NeuroMetrix, Inc. launched the Quell Watch App, now available for download from the Apple App Store. Quell is a wearable, transcutaneous electrical nerve stimulation (TENS) device for foot, knee and leg pain that is available over the counter. It can be used during the day while active and at night while sleeping.
Top Companies Market Share in TENS Machine Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2023 and accounted for a share of approximately 40% of the global revenue due to the presence of key players, tremendous investments by governments for the expansion of innovative medical machines, and the early introduction of novel TENS machines are supplementing the expansion of the market in the region. Moreover, the increased purchasing power of customers and improved adoption of cutting-edge technologies and creative medical devices are further anticipated to drive market growth.
Asia Pacific is the fastest-growing category due to increasing awareness associated with health and fitness, growing adoption of pain management therapies, and increasing usage of smart devices for supporting health are the key development drivers in this region. The increasing cases of sports damage in this region are suspended to stir up the need for TENS units during the forecast period. Furthermore, the rising senior population in Asian countries such as Japan and China has major untapped opportunities expected to drive market growth during the forecast period.
The current report Scope analyzes TENS Machine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global TENS Machine Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing TENS Machine Industry growth. TENS Machine market has been segmented with the help of its Type, Application End User, and others. TENS Machine market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, a single channel held the major market share due to its cost-effectiveness and simplicity, making it an accessible choice for individuals seeking pain relief. A rising aging population propels this market segment's growth, the prevalence of chronic pain conditions, and increased awareness of non-invasive pain management options.
Multi channels are the fastest-growing category as these devices offer simultaneous stimulation to multiple muscle groups, providing enhanced pain relief and therapy options. This innovation has garnered substantial attention from healthcare professionals and consumers seeking more comprehensive and customizable treatment options.
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Clinics held the major market share owing to growing patient visits for striving stimulation therapies, and the availability of these treatments at an affordable expense at physiotherapy clinics fueled the segment growth. Also, medical reimbursement delivered to patients pursuing these therapies is further expected to drive the segment growth.
According to Cognitive Market Research, home care is the fastest-growing category due to the patient-friendly, inexpensive, and safe nature of these devices, contributing to their growing popularity at home. In addition, growing hospital costs and chronic pain make home care a more acceptable option, specifically for the elderly population.
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According to Cognitive Market Research, medical professionals held the prominent market share owing to the growing emphasis on non-pharmacological pain management, healthcare providers increasingly recommend TENS devices to their patients. This endorsement, based on the effectiveness and safety of TENS technology, has led to greater consumer trust and adoption.
Personal users are the fastest-growing category due to the growing awareness of non-invasive pain management, and the desire for at-home healthcare solutions has led individuals to purchase TENS devices. This trend is bolstered by the user-friendly design of modern TENS machines, making them accessible and easy to operate without professional assistance.
According to Cognitive Market Research, adults have emerged as a pivotal driver in the TENS machine market's growth due to the increasing prevalence of chronic pain conditions among the adult population. Rising awareness of non-invasive pain management options and a growing preference for drug-free therapies have boosted demand.
The geriatric is the fastest-growing category as elderly individuals often suffer from chronic pain conditions, TENS devices offer a non-invasive and drug-free pain management solution. With the global aging demographic expanding, there is a growing demand for these devices, which provide seniors with a convenient and effective means to alleviate pain.
According to Cognitive Market Research, direct sales have emerged as a pivotal driver in the TENS machine market's growth. By establishing direct-to-consumer channels, manufacturers can reach a broader audience, offer competitive pricing, and provide detailed product information. This approach fosters consumer trust, encourages product adoption, and allows companies to offer tailored solutions, thus propelling market expansion.
Online sales are the fastest-growing category due to the convenience and accessibility of purchasing TENS devices online, which have boosted sales significantly. E-commerce platforms deliver a wide range of options, enabling consumers to compare products, read reviews, and make informed choices, contributing to the market's growth.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global TENS Machine Market is witnessing significant growth in the near future.
In 2023, the Single Channel segment accounted for noticeable share of global TENS Machine Market and is projected to experience significant growth in the near future.
The Hospital segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies OMRON Healthcare Inc , Zynex Medical Inc and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Single Channel, Dual Channels, Multi Channels |
Application | Hospital, Clinic, Sanatorium, Home Care |
End User | Medical Professionals, Personal Users |
Age Group | Pediatric, Adult, Geriatric |
Distribution Channel | Direct Sales, Retail Sales, Online Sales |
List of Competitors | OMRON Healthcare Inc, DJO LLC, Zynex Medical Inc, NeuroMetrix Inc., Therapeutix, BioMedical Life Systems, EMS Physio Ltd., Verity Medical Ltd, Smith Medicals, Pure Enrichment (Bear Down Brands LLC. Company), HMS Medical Systems |
This chapter will help you gain GLOBAL Market Analysis of TENS Machine. Further deep in this chapter, you will be able to review Global TENS Machine Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End User Analysis 2019 -2031
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Chapter 13 Market Split by Age Group Analysis 2019 -2031
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Chapter 14 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global TENS Machine market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Single Channel have a significant impact on TENS Machine market? |
What are the key factors affecting the Single Channel and Dual Channels of TENS Machine Market? |
What is the CAGR/Growth Rate of Hospital during the forecast period? |
By type, which segment accounted for largest share of the global TENS Machine Market? |
Which region is expected to dominate the global TENS Machine Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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