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), Country (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 & Africa) Industry Trends and Forecast to 2028
The kinesio tape market is expected to witness market growth at a rate of 9.11% in the forecast period of 2021 to 2028 and is expected to reach USD 436.42 million by 2028. Data Bridge Market Research report on kinesio tape market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the prevalence of muscle pain due to injuries globally is escalating the growth of kinesio tape market.
Kinesio tape refers to an adhesive tape which is utilized by therapists to move lymphatic fluids, improve posture, change the muscle tone and correct movement patterns. The rapping is defined as a rehabilitative taping technique based on body’s own natural healing process. It is known to offer support and stability to patient’s joints and muscles without causing any effect to the range of organic motion of the body and blood circulation.
The increase in the prevalence of muscle pain among population because of minor accidents during sports across the globe acts as one of the major factors driving the growth of the kinesio tape market. The increase in demand for pre-cut tapes as they reduce the time required to cut down the Kinesio tapes into strips as they are already cut and pre-shaped and the wide availability of pre-cut strips in a numerous sizes and lengths accelerate the kinesio tape market growth. The rise in popularity of the kinesio tapes as they are highly effective in relieving both acute and chronic pain especially for pain from scorching injuries the intensity of the pain tends to be out of proportion to the severity of the injury further influence the kinesio tape market. Additionally, high demand especially from elderly people, use for curing swelling and inflammation, growth in geriatric population and surge in healthcare expenditure positively affect the kinesio tape market. Furthermore, product innovations extend profitable opportunities to the kinesio tape market players in the forecast period of 2021 to 2028.
On the other hand, the presence of stringent regulations restricting the entry of new players is expected to obstruct the kinesio tape market growth. The lack of awareness is projected to challenge the kinesio tape market in the forecast period of 2021-2028.
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 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.
Kinesio Tape Market Scope and Market Size
The kinesio tape market is segmented on the basis of 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.
- On the basis of type, the kinesio tape market is segmented into pre-cut strips and roll forms.
- On the basis of application, the kinesio tape market is segmented into rehabilitation, alignment, pain management and other applications.
- On the basis of distribution channel, the kinesio tape market is segmented into franchised store, e-commerce and other distribution channels.
- On the basis of end user, the kinesio tape market is segmented into hospital, rehab center and professional athlete.
Global Kinesio Tape Market Country Level Analysis
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 the number of research partnerships, high prevalence of accidents and muscle pains and spasms and rise in the number of research partnerships in the region.
The country section of the kinesio tape 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 growth in healthcare expenditure for capital equipment, installed base of different kind of products for kinesio tape market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on kinesio tape market. The data is available for historic period 2010-2019.
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 kinesio tape market.
The major players covered in the kinesio tape market report are Boca Systems, Kinesio Holding Corporation, KT Tape, Microcom Corporation, Pyramid Technologies Inc., Spidertech Inc, ATEX CO., LTD, Star Micronics Co., Ltd., STRENGTHTAPE, NITTO DENKO CORPORATION, Implus Footcare LLC, Atex Global Media, DL Medical & Health, Implus LLC, FysioTape, Mueller Sports Medicine, Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.