The Rise In Muscle Ache And Injuries To Boost The Kinesiology Tape Market Growth

Kinesiology Tape Market
Kinesiology Tape Market 

Kinesiology Tape Market is segmented by Type (Pre-cut Strips and Roll Forms), Application (Rehabilitation, Alignment, Pain Management, and Other Applications), Distribution Channel (Franchised Store, E-commerce, and Geography (North America, Europe, Asia-Pacific, and Rest of the World) Size, Share, Outlook, and Opportunity Analysis, 2023-2030

The global Kinesiology Tape Market is estimated to be valued at reach US$ 436.42 million by 2028 and is expected to exhibit a CAGR of 9.11 % over the forecast period, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Kinesiology Tape is a kind of tape that is employed to cure pain and infection by sportspersons, chiropractors and physical psychotherapists. It is a gluey, heat-stimulated, water-resistive and robust tape that functions well in a vast range of circumstances. It can be used by a physical psychotherapist or other skilled experts and is generally worn for one hour prior any mobility.

The acrylic sealant portion of the tape is stimulated by body temperature, which aids it remain for persistent period compared to conventional bandages. When put correctly, it can ease pain and bulging and decrease lymphatic drainage. It enhances the circulation of blood and reduces infection.

Competitive Landscape:

Key players involved in the growth of global Kinesiology Tape Market are Nitto Denko Corporation, Star Micronics Co., Ltd., Heilongjiang Kindmax Pharmaceutical Co., Ltd., Microcom Corporation Kinesio Holding Corporation, Rocktape Co Limited, Im Group Holdings Corporation Nucap Industries Inc. (Spidertech Inc.), Constellation Software Australia Pty Ltd, Kt Tape Polska Sp, (Implus LLC), (Vela Software Group Pty Ltd), Kt Health LLC, and Boca Systems, Inc.

Market Key Drivers:

The rise in muscle ache, and increasing minor accidents and sports injuries is expected to boost the growth of global kinesiology tape for market. For instance, in June 2021 as per Sports and Active Living report it stated that the people suffering from sports injuries was around 31%.

The rise in disability population is projected to propel the growth of global kinesiology tape for market. For instance, as per in the year 2022, there were around 771 million people in the UN suffering from one or the other kind of disability.

Covid-19 Impact Analysis:

The Covid-19 outbreak has significantly affected the growth of global Kinesiology Tape Market. The usage of the kinesiology tape post-pandemic has increased instead of the normal medications as they do not have severe effects. For instance, as per a report the pain scores increased and reached 6 on a scale of 10.

Key Takeaways:

The global Kinesiology Tape Market is anticipated to exhibit a CAGR of 9.11 % during the forecast period due to rise in geriatric population. For instance, as per UN Org., the geriatric population is expected to reach 994 million by 2030 and is projected to cross 1.6 billion by 2050.

Among regions, North America, Europe, and Asia Pacific are expected to witness robust growth in the global kinesiology tape for market due to rise in usage of kinesiology tapes, increasing minor accidents and sports injuries, rising muscle pain. For instance, as per NSC 2022 report sports-related shoulder injuries in the U.S. increased by 20% in 2021.

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