Transcutaneous Electrical Nerve Stimulation Market Size 2031
Transcutaneous Electrical Nerve Stimulation Market Size 2031
Segments - Transcutaneous Electrical Nerve Stimulation Market by Type (Desktop and Portable), Application (Acute Pain and Chronic Pain), End-user (Clinics, Hospitals, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :HC-5836
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Report Description
Transcutaneous Electrical Nerve Stimulation Market Outlook 2031
The global transcutaneous electrical nerve stimulation market size was USD 310.29 Million in 2022 and is likely to reach USD 429.46 Million by 2031, expanding at a CAGR of 3.87% during 2023–2031. High demand for pain management therapies and devices is anticipated to propel the market.
Growing prevalence of chronic pain conditions is projected to propel the market during the forecast period. In recent years, there has been an increasing requirement for transcutaneous electrical nerve stimulation among athletes and sports enthusiasts. Furthermore, the high demand for non-invasive pain management in the geriatric demographic, due to the surge in the geriatric population is likely to fuel the market in the coming years.
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According to the data published by the World Health Organization (WHO) in 2022, the global population of individuals aged 60 years or older exceeded the number of children aged below five years in 2020. It is projected that nearly 80% of the elderly population is expected to reside in underdeveloped and developing countries by 2050.
The technological advancements have led to significant improvements in transcutaneous electrical nerve stimulation devices in terms of features and connectivity. The awareness of alternative pain management treatments and therapies is rising among the population. Thus, people are increasingly opting for non-pharmacological treatments for drug-free pain relief. These factors are anticipated to boost the market in the coming years.
The COVID-19 pandemic hindered the market. Most of the healthcare resources shifted their focus to treating the infected patients during the pandemic, which decreased the demand for pain management and related therapies. This, in turn, affected the market, as the demand for transcutaneous electrical nerve stimulation devices significantly declined.
Impact of Artificial Intelligence (AI) on Transcutaneous Electrical Nerve Stimulation Market
The adoption of artificial intelligence is expected to provide substantial propulsion to the transcutaneous electrical nerve stimulation market. The convergence of artificial intelligence (AI), the Internet of Things (IoT), and health monitoring sensors have made it possible to establish a closed-loop system that offers real-time monitoring, data collection, and treatment recommendations. The use of transcutaneous electrical nerve stimulation sensors enhanced by intelligent technologies is vital in terms of providing effective treatment to patients.
Transcutaneous Electrical Nerve Stimulation Market Dynamics
Major Drivers
Increasing advancements in the technology of electrotherapy devices are expected to drive the market during the projection period. Advanced transcutaneous electrical nerve stimulation (TENS) devices offer features, such as customizable settings for treatment, wireless connectivity, and smartphone applications for remote monitoring and control. These technological innovations enhance the user experience and treatment. The use of such technology makes TENS devices appealing to a wide range of patients, thereby boosting the market.
Existing Restraints
Problems associated with the use of TENS devices, such as skin irritation, are likely to hamper the market during the forecast period. TENS devices require the placement of adhesive electrodes on the skin, which causes discomfort or irritation. This discourages people from using these devices as a treatment option, which impedes the market during the forecast period.
Emerging Opportunities
Surge in product innovation is anticipated to provide substantial growth opportunities for the market. Innovative TENS devices are leading to advanced features and enhanced user experience. The development of portable, compact, and wearable TENS devices is appealing to a large consumer base. In addition, these devices are efficient and user-friendly.
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In March 2022, a study by the European Pain Federation supported by several US universities found that the OMRON FocusTM TENS Therapy for the knee (PM-710) device is effective in diminishing pain for people with mild to moderate knee problems, such as wear and tear. It proved to be highly useful, especially during functional tests, such as walking and stair climbing.
Scope of the Transcutaneous Electrical Nerve Stimulation Market Report
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Transcutaneous Electrical Nerve Stimulation Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type (Desktop and Portable), Application (Acute Pain and Chronic Pain), and End-user (Clinics, Hospitals, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Zynex Medical; Uroplasty, Inc.; NEVRO CORP.; NeuroMetrix, Inc.; Medtronic; DJO, LLC; Cyberonic Internet Communications, Inc.; BTL Group of Companies; Boston Scientific Corporation; and Abbott |
Transcutaneous Electrical Nerve Stimulation Market Segment Insights
Type Segment Analysis
Based on type, the transcutaneous electrical nerve stimulation market is bifurcated into desktop and portable. The portable segment is projected to hold the major share of the market during the projection period, owing to its ease of use and convenient functionality. Portable transcutaneous electrical nerve stimulation (TENS) devices are often designed with user-friendly interfaces.
This makes them easy to operate without any professional assistance. Furthermore, portable TENS devices allow therapy on the go, providing relief from pain at home, work, or any other location. This makes them highly convenient, thereby boosting the segment.
Application Segment Analysis
On the basis of application, the global market is segregated into acute pain and chronic pain. The acute pain segment is further segregated into sports injuries, labor pain, postoperative pain, and menstrual pain. Similarly, the chronic pain segment is divided into arthritis, fibromyalgia, back & neck pain, neuropathic pain, and others.
The acute pain segment is projected to register a considerable CAGR during the forecast period, as TENS devices offer a non-invasive method for managing acute pain. This is especially beneficial when immediate relief is needed without resorting to medication or invasive procedures. Moreover, these devices provide quick relief by stimulating the body’s natural pain management system. This makes it a valuable tool for sudden and severe acute pain, such as post-operative pain and acute injuries. This, in turn, propel the segment.
The chronic pain segment is anticipated to grow rapidly during the projection period, as TENS devices are available in compact and portable forms, making them suitable for use at homes and offices for people suffering from chronic pain. These devices provide a drug-free and non-invasive method of chronic pain management while allowing for a wide range of customizations for specific needs, thereby fueling the segment.
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According to a report published by the Centers for Disease Control and Prevention in April 2023, approximately 51.6 million adults (20.9%) in the US experienced chronic pain in 2021. Of these, 17.1 million people (6.9%) had high-impact chronic pain, which severely limits their daily activities. Alaska Native adults or non-Hispanic American Indians, adults identifying as bisexual, and people who were separated or divorced were more likely to report high-impact chronic pain.
End-user Segment Analysis
Based on end-user, the transcutaneous electrical nerve stimulation market is divided into clinics, hospitals, and others. The clinics segment is anticipated to register a robust growth rate during the projection period, owing to the availability of specialized equipment and trained professionals that allows for the customization of TENS therapy devices based on an individual’s needs.
This helps in safe and effective pain management. In addition, the clinics closely monitor the patient’s progress in the therapy, making real-time adjustments and providing valuable feedback, thereby fueling the segment.
Regional Outlook
In terms of region, the global transcutaneous electrical nerve stimulation market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, due to its excellent healthcare analytics system, the presence of several key players, and advanced medical infrastructure.
The rising investments by the governments to develop advanced medical devices are creating potential growth opportunities for the market. In addition, the high disposable income of the consumers and the rising adoption of advanced medical devices and innovative technologies are anticipated to propel the market.
The market in Asia Pacific is projected to expand at a considerable CAGR in the coming years, owing to the increasing awareness of general fitness and health. The high adoption of therapies for pain management and the surging use of smart devices in the health and fitness industry are some of the primary factors responsible for the growth of the market in the region.
Furthermore, the surge in the geriatric population in countries, such as China and Japan, is projected to propel the market during the forecast period.
Segments
The transcutaneous electrical nerve stimulation market has been segmented on the basis of
Type
- Desktop
- Portable
Application
- Acute Pain
- Sports Injuries
- Labor Pain
- Postoperative Pain
- Menstrual Pain
- Chronic Pain
- Arthritis
- Fibromyalgia
- Back & Neck Pain
- Neuropathic Pain
- Others
End-user
- Clinics
- Hospitals
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global transcutaneous electrical nerve stimulation market are Zynex Medical; Uroplasty, Inc.; NEVRO CORP.; NeuroMetrix, Inc.; Medtronic; DJO, LLC; Cyberonic Internet Communications, Inc.; BTL Group of Companies; Boston Scientific Corporation; and Abbott.
These companies adopt numerous development strategies, such as acquisitions, mergers, collaboration, partnerships, product launches, and production expansion, to tap into the untapped regions. These key market players heavily invest in the R&D of innovative devices and treatments to maintain market relevance. For instance,
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In April 2021, DJO, LLC, one of the prominent market players, acquired MedShape, Inc., a key provider of innovative surgical solutions for ankle and foot surgeons, to help with soft tissue injury repair, fracture fixation, and joint fusion. This acquisition is intended to help DJO, LLC to expand its business in foot and ankle surgeries.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Transcutaneous Electrical Nerve Stimulation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Transcutaneous Electrical Nerve Stimulation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Transcutaneous Electrical Nerve Stimulation Market - Supply Chain
4.5. Global Transcutaneous Electrical Nerve Stimulation Market Forecast
4.5.1. Transcutaneous Electrical Nerve Stimulation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Transcutaneous Electrical Nerve Stimulation Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Transcutaneous Electrical Nerve Stimulation Market Absolute $ Opportunity
5. Global Transcutaneous Electrical Nerve Stimulation Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Types
5.3.1. Desktop
5.3.2. Portable
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Transcutaneous Electrical Nerve Stimulation Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Applications
6.3.1. Acute Pain
6.3.2. Chronic Pain
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Transcutaneous Electrical Nerve Stimulation Market Analysis and Forecast by End Users
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by End Users
7.2.2. Y-o-Y Growth Projections by End Users
7.3. Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by End Users
7.3.1. Clinics
7.3.2. Hospitals
7.3.3. Others
7.4. Absolute $ Opportunity Assessment by End Users
7.5. Market Attractiveness/Growth Potential Analysis by End Users
8. Global Transcutaneous Electrical Nerve Stimulation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Transcutaneous Electrical Nerve Stimulation Demand Share Forecast, 2019-2026
9. North America Transcutaneous Electrical Nerve Stimulation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Types
9.4.1. Desktop
9.4.2. Portable
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. North America Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Applications
9.7.1. Acute Pain
9.7.2. Chronic Pain
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. North America Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by End Users
9.10.1. Clinics
9.10.2. Hospitals
9.10.3. Others
9.11. Basis Point Share (BPS) Analysis by End Users
9.12. Y-o-Y Growth Projections by End Users
9.13. Market Attractiveness/Growth Potential Analysis
9.13.1. By Country
9.13.2. By Product Type
9.13.3. By Application
9.14. North America Transcutaneous Electrical Nerve Stimulation Demand Share Forecast, 2019-2026
10. Latin America Transcutaneous Electrical Nerve Stimulation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Types
10.4.1. Desktop
10.4.2. Portable
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Latin America Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Applications
10.7.1. Acute Pain
10.7.2. Chronic Pain
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Latin America Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by End Users
10.10.1. Clinics
10.10.2. Hospitals
10.10.3. Others
10.11. Basis Point Share (BPS) Analysis by End Users
10.12. Y-o-Y Growth Projections by End Users
10.13. Market Attractiveness/Growth Potential Analysis
10.13.1. By Country
10.13.2. By Product Type
10.13.3. By Application
10.14. Latin America Transcutaneous Electrical Nerve Stimulation Demand Share Forecast, 2019-2026
11. Europe Transcutaneous Electrical Nerve Stimulation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Types
11.4.1. Desktop
11.4.2. Portable
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Europe Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Applications
11.7.1. Acute Pain
11.7.2. Chronic Pain
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Europe Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by End Users
11.10.1. Clinics
11.10.2. Hospitals
11.10.3. Others
11.11. Basis Point Share (BPS) Analysis by End Users
11.12. Y-o-Y Growth Projections by End Users
11.13. Market Attractiveness/Growth Potential Analysis
11.13.1. By Country
11.13.2. By Product Type
11.13.3. By Application
11.14. Europe Transcutaneous Electrical Nerve Stimulation Demand Share Forecast, 2019-2026
12. Asia Pacific Transcutaneous Electrical Nerve Stimulation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Types
12.4.1. Desktop
12.4.2. Portable
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Asia Pacific Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Applications
12.7.1. Acute Pain
12.7.2. Chronic Pain
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Asia Pacific Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by End Users
12.10.1. Clinics
12.10.2. Hospitals
12.10.3. Others
12.11. Basis Point Share (BPS) Analysis by End Users
12.12. Y-o-Y Growth Projections by End Users
12.13. Market Attractiveness/Growth Potential Analysis
12.13.1. By Country
12.13.2. By Product Type
12.13.3. By Application
12.14. Asia Pacific Transcutaneous Electrical Nerve Stimulation Demand Share Forecast, 2019-2026
13. Middle East & Africa Transcutaneous Electrical Nerve Stimulation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Middle East & Africa Average Pricing Analysis
13.2. Middle East & Africa Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Types
13.4.1. Desktop
13.4.2. Portable
13.5. Basis Point Share (BPS) Analysis by Types
13.6. Y-o-Y Growth Projections by Types
13.7. Middle East & Africa Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by Applications
13.7.1. Acute Pain
13.7.2. Chronic Pain
13.8. Basis Point Share (BPS) Analysis by Applications
13.9. Y-o-Y Growth Projections by Applications
13.10. Middle East & Africa Transcutaneous Electrical Nerve Stimulation Market Size and Volume Forecast by End Users
13.10.1. Clinics
13.10.2. Hospitals
13.10.3. Others
13.11. Basis Point Share (BPS) Analysis by End Users
13.12. Y-o-Y Growth Projections by End Users
13.13. Market Attractiveness/Growth Potential Analysis
13.13.1. By Country
13.13.2. By Product Type
13.13.3. By Application
13.14. Middle East & Africa Transcutaneous Electrical Nerve Stimulation Demand Share Forecast, 2019-2026
14. Competition Landscape
14.1. Global Transcutaneous Electrical Nerve Stimulation Market: Market Share Analysis
14.2. Transcutaneous Electrical Nerve Stimulation Distributors and Customers
14.3. Transcutaneous Electrical Nerve Stimulation Market: Competitive Dashboard
14.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
14.4.1. Zynex Medical
14.4.2. Uroplasty, Inc.
14.4.3. NEVRO CORP.
14.4.4. NeuroMetrix, Inc.
14.4.5. Medtronic
14.4.6. DJO, LLC
14.4.7. Cyberonic Internet Communications, Inc.
14.4.8. BTL Group of Companies
14.4.9. Boston Scientific Corporation
14.4.10. Abbott
Methodology
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