Overall impact
C (44)

Commentary

Zynex is an average overall performer. With a 'C' rating of 43.6 for overall impact (29th percentile compared to all companies), Zynex ranks 151st out of 155 industry peers, behind Hologic, American Shared Hospital Services, Accuray and 147 others, and ahead of Austco Healthcare, Nova Eye Medical, Stereotaxis and 1 other. On top material causes for Zynex's industry (Healthcare Equipment), Zynex performs poorly in Technology Innovation (4.5 score), Sanitation Access (36.8), Disaster Readiness and Effective Aid (30.4) and 7 other causes where it received a 'D' or 'F' score. Zynex did not receive an 'A' rating on any cause.
Impact
Cause ZYXI
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Overall impact

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Company
Founded
1996
Employees
1,000
Sector
Health Care
Industry
Health Care Equipment & Supplies
Sub-industry
Health Care Equipment
SASB industry
Medical Equipment & Supplies
Headquarters
Co, United States
Share classes
ZYXI
Description
Zynex, Inc., together with its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain, and activate and exercise muscles for rehabilitative purposes with electrical stimulation. The company offers NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation (NMES) device that is marketed to physicians and therapists by field sales representatives; NeuroMove, an electromyography and electric stimulation technology device; InWave, an electrical stimulation product for the treatment of female urinary incontinence; E-Wave, an NMES device; and M-Wave, an NMES device. It also supplies private labeled products, including electrodes for the delivery of electrical current to the body, and batteries for use in electrotherapy products. In addition, the company distributes Comfortrac/Saunders for cervical traction, JetStream for hot/cold therapy, LSO Back Braces for lumbar support, braces for rehabilitation support for knee and wrist, and Dynacomp for cold compression therapy. Further, it develops Zynex Fluid Monitoring System (CM-1500); Zynex Wireless Fluid Monitoring System (CM-1600), a noninvasive monitoring device designed to measure relative changes in fluid volume in adult patients; NiCO CO-Oximeter, a laser photoplethysmographic patient monitoring device; and HemeOx tHb Oximeter, a laser-based total hemoglobin pulse oximeter. The company provides its products for use in pain management and control; stroke and spinal cord injury rehabilitation; and fluid monitoring and pulse oximetry monitoring. It sells its products through a direct sales force primarily in the United States. Zynex, Inc. was founded in 1996 and is headquartered in Englewood, Colorado.
Material causes
Ethos considers the following causes material for Zynex, based on its industry sub-industry Health Care Equipment. Learn more about material causes in our methodology overview.

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