Zynex Medical has received 510(k) clearance from the US Food and Drug Administration (FDA) for its electrotherapy device, TensWave.
The second electrotherapy device in Zynex’s portfolio, the TensWave device is cleared for pain management and rehabilitation through transcutaneous electrical nerve stimulation (TENS).
The US-based company was quick to note that the newer device is not intended to replace its NexWave electrotherapy device, but would provide an alternative to patients whose “insurance plans exclusively cover TENS therapy”.
“We recognized a gap in the market for a high-quality TENS device that meets the specific criteria for insurance reimbursement, and TensWave is our answer to that demand,” said Zynex CEO Thomas Sandgaard.
“It complements our flagship multi-modality device, the NexWave, where Interferential current is the main modality and driver of obtaining prescriptions.”
The global market for neuromodulation devices was worth approximately $6.06bn in 2023 and is expected to exceed $8.9bn in 2027, as per GlobalData market analysis. Multiple companies are developing neuromodulation and TENS devices for pain management.
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By GlobalDataNeuronoff is developing an implant Injectrode device for chronic pain management. The minimally invasive device has an external pulse generator that sends signals through the skin to tell the implanted electrode what electrical output is needed on the nerve. The device is designed to be “virtually invisible” from the outside, thereby giving a more “aesthetic result” and preserving patient privacy.
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