Zynex Inc. (ZYXI)

Overview

Zynex, Inc., established in 1996 and headquartered in Englewood, Colorado, is a prominent company that specializes in designing, manufacturing, and marketing innovative medical devices aimed at treating chronic and acute pain, as well as facilitating muscle rehabilitation. Through its subsidiaries, Zynex has developed a reputation for creating devices that use electrical stimulation to aid in pain management and muscle activation. The company’s commitment to improving patient outcomes is evident through its diverse product portfolio, which caters to a wide range of medical needs, including pain management, stroke and spinal cord injury rehabilitation, and hemodynamic monitoring. Zynex's approach to the market involves direct sales primarily in the United States, utilizing a team of dedicated field sales representatives to engage with physicians and therapists.

Products and Services

• NexWave: This dual channel, multi-modality device provides interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation (NMES), marketed primarily to physicians and therapists. NexWave is aimed at the treatment of various pain conditions and muscle rehabilitation.
• NeuroMove: Focused on aiding stroke and spinal cord injury recovery, the NeuroMove is an electromyography triggered electrical stimulation device designed to encourage neuromuscular reeducation and function restoration.
• InWave: Developed for the treatment of female urinary incontinence, the InWave product utilizes electrical stimulation to strengthen pelvic floor muscles, thereby addressing this widespread condition.
• E-Wave: This NMES device targets muscle activation and exercise, promoting the rehabilitation and strengthening of muscles through controlled electrical stimulation.
• Private Labeled Products: Zynex also offers a range of private labeled products, including electrodes for electrical current delivery to the body and batteries for electrotherapy devices, enhancing the effectiveness and usability of its solutions.
• Comfortrac/Saunders: Distributed by Zynex, these products offer cervical traction solutions designed to alleviate neck pain and improve spinal health.
• JetStream: This product provides hot/cold therapy for pain relief and muscle recovery, catering to a variety of therapeutic needs.
• LSO Back Braces: For lumbar support, the LSO Back Braces are designed to assist with lower back pain management and posture improvement.
• Knee Braces: Aimed at knee support, these braces offer stability and relief for individuals with knee-related conditions or injuries.
• Zynex Fluid Monitoring System (CM-1500): A non-invasive medical device for monitoring relative fluid volume changes in operating and recovery rooms, crucial for detecting fluid loss during surgery and internal bleeding during recovery.
• Zynex Wireless Fluid Monitoring System (CM-1600): This advanced, noninvasive monitoring device measures relative changes in fluid volume in adult patients, enhancing patient care and monitoring capabilities.
• NiCO CO-Oximeter and HemeOx tHb Oximeter: These laser-based, noninvasive devices provide critical measurement of blood oxygenation and total hemoglobin levels, supporting comprehensive hemodynamic monitoring during medical care.