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Zynex
AddedFeb 19, 2024
UpdatedJun 18, 2026
Zynex

Zynex

Public

Zynex, Inc.: A leading American manufacturer of electrotherapy devices for pain management and rehabilitation since 1996.

HQ
Englewood, CO, US
Founded
1996
Overview
Compare
Fundraising
Employees

Zynex, Inc. is a medical device manufacturer founded by Thomas Sandgaard in 1996. The company specializes in electrotherapy devices for pain management, physical rehabilitation, neurological diagnosis, and cardiac monitoring. Headquartered in Meridian, Colorado, Zynex serves the medical technology industry with a focus on innovative, non-invasive solutions.

Zynex has achieved significant milestones, including a revenue of $158.2 million and a net income of $17 million in 2022. With over 1,100 employees, the company operates several subsidiaries, such as Zynex Medical, Zynex Neurodiagnostics, and Zynex Monitoring Solutions, contributing to its impact in the medical device market.

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Zynex - Quick Facts

Who are Zynex's competitors?

Companies similar to Zynex include Zenith Technical Innovations, Nexeon Medsystems, SynerZ Medical and ZSX Medical.

When was Zynex founded?

Zynex was founded in 1996.

Where is Zynex's headquarters located?

Zynex's headquarters is located in Englewood, CO, US.

When was Zynex's last funding round?

Zynex's most recent funding round was for $52.5M (USD) in May 2023.

How much has Zynex raised to-date?

As of May 3, 2023, Zynex has raised a total of $53.7M (USD).

How many employees does Zynex have?

Zynex has 900 employees as of Feb 6, 2024.

Zynex - Classification

Industry
  • Hardware
Ownership
  • Public
Technology
  • Electrotherapy
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Software
  • Transactional
Customer
  • Consumers
  • Enterprise
Main Product
  • Medical Devices
Tags
  • Healthtech
NAICS
  • 334500Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
  • 334510Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
  • 334517Irradiation Apparatus Manufacturing
  • 330000Manufacturing
  • 334000Computer and Electronic Product Manufacturing
SIC
  • 3840Surgical, Medical, And Dental Instruments And Supplies
  • 3845Electromedical And Electrotherapeutic Apparatus
ISIC
  • 2660Manufacture of irradiation, electromedical and electrotherapeutic equipment
Show 28 more industry codes
NAICS
  • 320000Manufacturing
  • 325400Pharmaceutical and Medicine Manufacturing
  • 333200Industrial Machinery Manufacturing
  • 333240Industrial Machinery Manufacturing
  • 333248All Other Industrial Machinery Manufacturing
  • 333900Other General Purpose Machinery Manufacturing
  • 333990All Other General Purpose Machinery Manufacturing
  • 333993Packaging Machinery Manufacturing
  • 620000Health Care and Social Assistance
  • 325000Chemical Manufacturing
  • 333000Machinery Manufacturing
  • 623000Nursing and Residential Care Facilities
  • 325410Pharmaceutical and Medicine Manufacturing
SIC
  • 3550Special Industry Machinery, Except Metalworking Machinery
  • 3555Printing Trades Machinery and Equipment
  • 3560General Industrial Machinery And Equipment
  • 3565Packaging Machinery
  • 3500Industrial And Commercial Machinery And Computer Equipment
  • 3900Miscellaneous Manufacturing Industries
  • 4000Railroad Transportation
  • 5000Wholesale Trade-durable Goods
  • 8000Health Services
  • 5040Professional And Commercial Equipment And Supplies
  • 8040Offices And Clinics Of Other Health Practitioners
  • 5047Medical, Dental, And Hospital Equipment And Supplies
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified
ISIC
  • 2819Manufacture of other general-purpose machinery
  • 2829Manufacture of other special-purpose machinery