Manufacturing Market Overview TENS Machine
TENS stands for transcutaneous electrical nerve stimulation. This is a technology that uses electric current, which is generated by the Tens machine. Itis often used to help minimize pain, achieved as the machine stimulates the nerves.
In the past, TENS technology wasonly used by the professionals. Now, this is available to the general public in the form of a small, portable device – the Tens machine. The market is differentiated depending on how the machine is used such as sports injury, knee pain, neck pain, arthritis, and labour pain to name a few. The market has also been categorized based on the available brands. Geography was also taken into account. Europe and North America are said to be the top consumers of the Tens machine.But Asia-Pacific and some RoW countries also show promise as future profitable markets.
TENS technology is poised for growth, where forecast from 2016 to 2023 has been very positive. The forecast may be attributed to several key factors like technological advancements and increasing incidences of pain injury. Exercise associated muscle pain is one of the driving forces that could propel this technology further. In fact, the American Medical Society for Sports medicine says that about 67 percent of triathletes experienced having exercise-associated muscle cramps at one point in their career. Tens machine is considered a valuable tool that could help treat the said condition. It can be noted that the prevalence of this condition only saw an increase in the recent years, which is why it is already being predicted that the need for TENS technology will also see an increase in the coming years. Aside from this, TENS may become a valuable technology for people who suffer from chronic pain such as the cancer patients. Additionally, people are now more inclined to rely on technological products and would consider buying them out of need. This increased awareness in technology could play an important role in the growth of TENS technology’s growth.
There are some barriers though that may inhibit instant growth. As of now, TENS technology could be expensive; not everyone could afford them. Some experts warn against the possible abuse with its use. Tens machines are being sold anywhere from $170 to $400, considered too steep for most of the people out there. There are a limited number of providers so competition is not that stiff, which means that prices may not be going down any time soon.