Transcutaneous Electrical Nerve Stimulation Market Expected to Witness High Growth Due To Increasing Prevalence of Chronic Pain Disorders
The transcutaneous electrical nerve stimulation (TENS) market has experienced significant growth in the past few years owing to the increasing prevalence of chronic pain disorders such as osteoarthritis, lower back pain, and neuropathic pain. TENS devices provide pain relief through the use of mild electrical pulses to the nerves, interrupting pain signals being sent to the brain from affected areas of the body. The non-invasive nature and lack of major side effects of TENS therapy have made it an attractive alternative to pharmacological pain management options.
The global Transcutaneous Electrical Nerve Stimulation Market is estimated to be valued at USD 3.91 Bn in 2024 and is expected to reach USD 5.23 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Key Takeaways
Medtronic plc Abbott Laboratories, Boston Scientific Corporation, Omron Healthcare, Inc., Nevro Corp., DJO Global, Inc., Zynex Medical, COMPex, ITO Co., Ltd., Beurer GmbH, BTL, Chattanooga International, EMS Physio Ltd., BioMedical Life Systems, Inc., Current Solutions, LLC, Zewa, Inc., Walgreen Co., Pain Management Technologies, Inc., OPTP, and Roscoe Medical.
The increasing prevalence of chronic pain disorders represents a major growth opportunity for players in the TENS market. According to the Centers for Disease Control and Prevention, 20.4% of U.S. adults experience chronic pain and 8.0% of U.S. adults have high-impact chronic pain that limits life or work activities. Key players can capitalize on this need by expanding their Transcutaneous Electrical Nerve Stimulation Market Growth device offerings to treat specific pain conditions.
Globally, players are also eyeing emerging markets in Asia Pacific and Latin American regions that are witnessing growing acceptance of non-pharmacological neuromodulation therapies for pain management. Partnerships with local healthcare providers and distributors can help major players establish a foothold in these high potential markets.
Market Drivers
The increasing geriatric population is a key driver for the TENS market. Data from United Nations shows that the population aged 65 years or over is growing at a rate of 3% per year globally and is projected to reach 1.5 billion by 2050. Older adults are more prone to chronic pain conditions like osteoarthritis spurring demand for TENS devices.
Market Restrains
However, lack of clinical evidence evaluating long term efficacy and safety of TENS therapy for certain pain conditions is a major restraint. Reimbursement challenges for TENS use in some countries also hinders market growth. Potential side effects like skin reactions additionally limit widespread adoption.
Segment Analysis
The transcutaneous electrical nerve stimulation (TENS) market is dominated by the pain management segment. TENS therapy is widely used for the management of different types of acute and chronic pain such as lower back pain, arthritis pain, neuropathic pain, and post-operative pain. These devices help relieve pain by using mild electric pulses to interfere with pain signals sent to the brain from damaged nerves. The technology effectively masks pain signals by stimulating surrounding nerves and releasing the body's own pain-killing endorphins. As a non-invasive pain therapy with minimal side effects, TENS is preferred over medications for pain management.
Global Analysis
North America is the Transcutaneous Electrical Nerve Stimulation Market Regional Analysis devices. High incidence of chronic pain disorders, growing geriatric population susceptible to arthritis and awareness about non-drug pain therapies are major demand drivers. Supportive reimbursement policies for neuromodulation procedures in the US and Canada also contribute to market growth. Asia Pacific is also emerging as a promising TENS market due to increasing healthcare spending, large patient pools and favorable government policies to promote non-invasive therapies. Aging demographics and rising incidence of musculoskeletal conditions will further augment the regional market over the forecast period.
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