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Global Kinesio Tape Market – Industry Trends and Forecast to 2030

  • Medical Devices
  • Upcoming Report
  • Jun 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Kinesio Tape Market, By Type (Pre-Cut Strips, Roll Forms), Application (Rehabilitation, Alignment, Pain Management, Other Applications), Distribution Channel (Franchised Store, E-Commerce, Other Distribution Channels), End User (Hospital, Rehab Center, Professional Athlete) - Industry Trends and Forecast to 2030.

Kinesio Tape Market

Kinesio Tape Market Analysis and Size

Kinesio tape refers to an adhesive tape which therapists utilize to move lymphatic fluids, improve posture, change muscle tone, and correct movement patterns. Rapping is a rehabilitative taping technique based on the body's natural healing process. It is known to offer support and stability to a patient's joints and muscles without causing any effect on the range of organic motion of the body and blood circulation.                    

Data Bridge Market Research analyses that the kinesio tape market is expected to undergo a CAGR of 6.5% from 2023 to 2030. "Roll forms" dominates the type segment of the kinesio tape market owing to the increasing prevalence of muscle pain among the population. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Kinesio Tape Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Type (Pre-Cut Strips, Roll Forms), Application (Rehabilitation, Alignment, Pain Management, Other Applications), Distribution Channel (Franchised Store, E-Commerce, Other Distribution Channels), End User (Hospital, Rehab Center, Professional Athlete)

Countries Covered

U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa

Market Players Covered

  • Boca Systems (U.S.), Kinesio Holding Corporation (U.S.), KT Tape (U.S.), Microcom corporation (U.S.), Pyramid Technologies Inc. (India), Spidertech Inc. (Canada), ATEX Co., LTD (U.K.), STRENGTHTAPE (U.S.), Star Micronics Co., Ltd. (Japan), NITTO DENKO CORPORATION (Japan), Implus Footcare LLC (U.S.), Fysio Tape (South Korea), DL Medical & Health (Belgium), Mueller Sports Medicine, Inc. (U.S.), Rocktape Co Limited (U.S.), Vela Software Group Pty Ltd (Australia)

Market Opportunities

  • Rising technological advancements
  • Increasing application in healthcare settings
  • Increasing partnerships and collaborations

Market Definition

Kinesio tape, commonly called elastic therapeutic tape, is an adhesive tape type used in physical therapy, sports medicine, and other medical specialties. Dr. Kenzo Kase created it in the 1970s. Kinesio tape is made to support and stabilize joints and muscles while preserving their complete range of motion.

Kinesio Tape Market Dynamics

Drivers

  • Increasing awareness  and acceptance

The market has grown due to a greater understanding and acceptance of kinesio tape as a therapeutic tool in various industries, including sports medicine, rehabilitation, and physiotherapy. The use of kinesio tape has also been aided by its visibility in professional sports and the support of players.

  • Rising geriatric population

The need for therapeutic items like kinesio tape has been pushed by the rising worldwide elderly population and the prevalence of chronic illnesses such as musculoskeletal disorders and pain management. To control their symptoms and increase mobility, older adults and people with chronic diseases frequently seek non-pharmacological therapeutic methods.

  • Increasing demand for rehabilitation and physical therapy

Due to its potential advantages in sustaining muscle function, assisting in neuromuscular re-education, and easing the healing process, kinesio tape has grown in favor of rehabilitation and physical therapy. The need for kinesio tape has also increased as non-invasive and conservative treatment modalities become more popular.

Opportunities

  • Increasing application in healthcare settings

There are chances to broaden the use of kinesio tape in various healthcare contexts despite it being frequently employed in sports medicine and rehabilitation. This covers orthopedics, pain control, geriatrics, neurology, and child healthcare. To illustrate the effectiveness of kinesio tape in these areas, specific product versions can be created, and tailored research can be carried out.

  • Rising technological advancements

Products for kinesio tape are now more cozy, breathable, and long-lasting because of ongoing improvements in materials, adhesive methods, and manufacturing techniques. These developments have enhanced user convenience and increased the range of potential uses for Kinesio tape.

  • Increasing partnerships and collaborations

Opportunities for market expansion can be created by establishing strategic alliances or collaborations with healthcare providers, sports leagues, and professional athletes. These collaborations may contribute to brand exposure, endorsements, and increased demand for kinesio tape products.

Restrains/ Challenges

  • Lack of standard rules

The lack of standardized rules and regulations controlling the production, labeling, and application of kinesio tape products has been a problem in the Kinesio tape market. This may result in product effectiveness and quality variations, which could impact customer confidence and market expansion.

  • Adverse effects

Although kinesio tape is usually considered harmless, some people may have skin sensitivities or allergic responses to the adhesive or other components of the tape. These negative reactions can hinder patient compliance and market expansion, particularly in people with sensitive skin or those with dermatological disorders.

  • Limited reimbursement and coverage policies

The availability of insurance and payment may influence Kinesio tape's use in healthcare settings. Especially in areas where healthcare reimbursement regulations are rigorous, insurance carriers' lack of widespread coverage may restrict access and limit market potential.

  • Competition with alternative therapies

Other therapeutic methods and goods, such as conventional taping techniques, compression clothing, braces, and other topical therapies, compete with the market for Kinesio tape. The accessibility and efficacy of complementary therapies may affect the demand for Kinesio tape in some applications and restrain market expansion.

This kinesio tape market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the kinesio tape market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Kinesio Tape Market Scope

The kinesio tape market is segmented based on type, application, distribution channel, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

Type

  • Pre-cut strips
  • Roll forms

Application

  • Rehabilitation
  • Alignment
  • Pain Management
  • Others

Distribution channel

  • Franchised store
  • E-commerce
  • Others

End User

  • Hospital
  • Rehab center
  • Professional athlete

Kinesio Tape Market Regional Analysis/Insights

The kinesio tape market is analyzed and market size insights and trends are provided by country, type, application, distribution channel and end user as referenced above.

The countries covered in the global kinesio tape market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the kinesio tape market due to the presence of key players, well-developed healthcare infrastructure, increase in research partnerships, high prevalence of accidents and muscle pains and spasms and rise in the number of research partnerships in the region.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 due to increased healthcare expenses and health and medical infrastructure development.

The country section of the insulin glargine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The kinesio tape market also provides you with detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the kinesio tape market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on kinesio tape market. The data is available for historic period 2015-2020.

Competitive Landscape and Kinesio Tape Market Share Analysis

The kinesio tape market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the kinesio tape market are:

  • Boca Systems (U.S.)
  • Kinesio Holding Corporation (U.S.)
  • KT Tape (U.S.)
  • Microcom corporation (U.S.)
  • Pyramid Technologies Inc. (India)
  • Spidertech Inc. (Canada)
  • ATEX Co., LTD (U.K.)
  • STRENGTHTAPE (U.S.)
  • Star Micronics Co., Ltd. (Japan)
  • NITTO DENKO CORPORATION (Japan)
  • Implus Footcare LLC (U.S.)
  • Fysio Tape (South Korea)
  • DL Medical & Health (Belgium)
  • Mueller Sports Medicine, Inc. (U.S.)
  • Rocktape Co Limited (U.S.)
  • Vela Software Group Pty Ltd (Australia)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Growth Rate of the Kinesio Tape Market is 6.5% by 2030.
The Increasing prevalence of epilepsy, Drug development and innovation, and Increasing demand for anti-epileptic drugs (AEDs) are the growth drivers of the Kinesio Tape Market
The major companies in the kinesio tape market are Boca Systems, Kinesio Holding Corporation, KT Tape, Microcom corporation , Pyramid Technologies Inc. , Spidertech Inc. , ATEX Co., LTD ,etc.
The type, application, distribution channel, and end-user are the factors on which the Kinesio Tape Market research is based on.
Rehabilitation, Alignment, Pain Management, etc are the market applications of the Kinesio Tape Market.
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