Editing Magnet therapy (section)

== Reception ==
The worldwide magnet therapy industry totals sales of over a billion dollars per year,<ref name=FlammCSI2006>{{cite news | first=Bruce L. | last=Flamm | title=Magnet Therapy: a billion-dollar boondoggle | date=July 2006 | publisher=[[Committee for Skeptical Inquiry]] | url=http://www.csicop.org/si/show/magnet_therapy_a_billion-dollar_boondoggle/ | work =[[Skeptical Inquirer]] | access-date = 2009-08-18 }}</ref><ref name=BBC2006>{{cite news | title=Magnet therapies 'have no effect' | date=2006-01-06 | url =http://news.bbc.co.uk/2/hi/health/4582282.stm | work =BBC | access-date = 2009-08-18 }}</ref> including $300 million per year in the United States alone.<ref name="Finegold">{{cite journal |vauthors=Finegold L, Flamm BL | title = Magnet therapy | journal = [[BMJ]] | volume = 332 | issue = 7532 | pages = 4 |date=January 2006 | pmid = 16399710 | pmc = 1325112 | doi = 10.1136/bmj.332.7532.4 }}</ref>

A 2002 U.S. [[National Science Foundation]] report on public attitudes and understanding of science noted that magnet therapy is "not at all scientific."<ref name="mag_NSF">{{cite book | author = National Science Board | author-link = National Science Foundation | title = Science and Engineering Indicators – 2002 | publisher = National Science Foundation | year = 2002 | location = Arlington, Virginia | pages = ch. 7 | url = https://www.nsf.gov/statistics/seind02/c7/c7s5.htm | isbn = 978-0-16-066579-0 | access-date = 2018-04-06 | archive-url = https://web.archive.org/web/20160616181809/http://www.nsf.gov/statistics/seind02/c7/c7s5.htm | archive-date = 2016-06-16 | url-status = dead }} "Among all who had heard of [magnet therapy], 14 percent said it was very scientific and another 54 percent said it was sort of scientific. Only 25 percent of those surveyed answered correctly, that is, that it is not at all scientific."</ref> A number of vendors make unsupported claims about magnet therapy by using [[pseudoscience|pseudoscientific]] and [[New age|new-age]] language. Such claims are unsupported by the results of scientific and clinical studies.<ref name=Livingston1998>{{cite web |url=http://www.csicop.org/si/show/magnetic_therapy_plausible_attraction/ |title=Magnetic Therapy: Plausible Attraction? |author=James D. Livingston |work=[[Skeptical Inquirer]] |access-date=2009-09-13 |archive-url=https://web.archive.org/web/20091208192020/http://www.csicop.org/si/show/magnetic_therapy_plausible_attraction |archive-date=2009-12-08 |url-status=dead }}</ref>

=== Legal regulations ===
Marketing of any therapy as effective treatment for any condition is heavily restricted by law in many jurisdictions unless all such claims are scientifically validated. In the United States, for example, [[U.S. Food and Drug Administration]] regulations prohibit marketing any magnet therapy product using medical claims, as such claims are unfounded.<ref>{{cite web | title = Magnets | work = CDRH Consumer Information | publisher = Food and Drug Administration | date = 2000-03-01 | url = https://www.fda.gov/cdrh/consumer/magnets.html | access-date = 2008-05-02 |archive-url = https://web.archive.org/web/20080424053751/https://www.fda.gov/cdrh/consumer/magnets.html <!-- Bot retrieved archive --> |archive-date = 2008-04-24}}</ref>