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Global Elastic Therapeutic Tape Market was Valued at US$ XX Mn in 2019 and it is Expected to Reach More than US$ 620 Mn by 2028, Likely to Grow with the CAGR of 9.2% During the Forecast Period.
Elastic Therapeutic Tape or Kinesio tape is a rehabilitative tape technique based on the body’s own natural healing process. These tapes are used to provide stability and support to patient’s muscles and joints while maintaining the range of organic motion in the human body and proper blood circulation. The elastic therapeutic tape is in the form of a thin, elastic cotton tape that can be stretch quite farther of its actual length. The tape is highly stretchable and creates a dragging force on the skin if stretched more than its normal length. The elastic property of the elastic therapeutic tape allows a much greater range of motion compared to traditional athletic tape and can also be left on for long periods of time before reapplication.
Growing Awareness Regarding Benefits of Physiological Ailments Are Driving the Demand for Elastic Therapeutic Tape Across The Globe
The elastic therapeutic tape industry is growing rapidly. The increasing demand for elastic therapeutic tape and the rising awareness of the elastic therapeutic tape logy techniques have boosted the revenue of this market. Furthermore, elastic therapeutic tape logy tape is an easy method but it requires a little bit of knowledge about the anatomy and physiology of the human body.
Elastic Therapeutic Tape popularized during the 2008 Olympics after the manufacturer, Kinesio USA, donated 50 thousand reels of the tape to 58 contending nations. And in the course of the London 2012 Olympics, Elastic Therapeutic Tape has been spotted stretching and spiraling in interesting patterns on some athletes.
The elastic therapeutic taping method is different from the athletic strapping tape and the primitive McConnell taping method. Athletic strapping is used to provide support to an injured body part during the time of sports activities. These tapes are commonly being used in tightening the muscle movement. Also, these tapes are removable and provide ease and convenience of application, which ultimately boosts the demand for elastic therapeutic tapes
Precut Strips Segment to Hold a Significant Share In Global Elastic Therapeutic Tape Market In 2019
On the basis of product type, the precut Kinesio tapes held maximum share in 2019. The product is expected to dominate the global market throughout the forecast period. These products consume lesser time in cutting the Kinesio tapes into stripes as compared to other products which are making it [opular among the large consumer base. Also, these products are available in a wide range of length and size varieties which makes it applicable for multiple tasks. Moreover, the serrated Kinesio tapes are anticipated to witness robust growth in the future.
In 1994 and 1996, an elastic therapeutic tape method was introduced in Asia and Europe respectively. Later, the elastic therapeutic tape logy techniques spread gradually all over the world. In 2008, Most of the world observed the elastic therapeutic tape logy tapes sported by some of the athletes in the Olympics. The use in the Olympic event caused a surge in the interest of people in the elastic therapeutic tape logy techniques and products. The products were commercialized, manufactured and sold by many companies to fulfill the sudden demand for the elastic therapeutic tape.
In the Middle Eastern region, the use of the elastic therapeutic tape logy tape is relatively low as compared to the other regions. The major application area of the elastic therapeutic tape logy tapes in the Middle Eastern countries is medical rehabilitation. The use of the elastic therapeutic tape for sports applications is limited in the Middle East region.
Several corporations are converging on organic development procedures such as product endorsements, and product introductions and others, for example, presentations and grants. The prevailing corporations from the dental radiology market are anticipated to have advantageous progression possibilities in the future with the increasing demand for the elastic therapeutic tape market in the international market.
Key players operating in the elastic therapeutic market are Kinesio Taping, SpiderTech, KT TAPE, StrengthTape, Nitto Denko, RockTape, Atex Medical, DL Medical&Health, and Kindmax among others.
Global Elastic Therapeutic Tape Market Segmentation
- Precut Strips
- Single Rolls
- Bulk Rolls
- Pain Management
By Distribution Channels
- Franchised Store
- On-line Shop
- Sport Team
By End Users
- Rehab Centers
- Professional Athletes
- North America
- Asia Pacific
- Latin America
- Middle East & Africa