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Overview
The rise in sports injury is prompting the development of
treatment devices that can aid in recovery without impeding movement. Reports
that review the medical device industry have been offered by Market Research Future,
which creates reports on industry verticals that assess the market development
and prospects. The market is projected to garner a CAGR of 7.5 % in the
duration of the forecast period.
The inclination towards rehabilitative techniques is
spurring the development of the kinesio
tape market size globally. Kinesio tapes help greatly in ensuring the
improvement of blood flow and circulation, which reduces recovery times
considerably. The application of kinesio tapes in problems ranging from
headaches to foot problems is expected to motivate the development of the
market substantially in the coming period. The increasing prevalence of rehab
centers around the world is expected to create new opportunities for growth in
the upcoming period.
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The eminent players functioning in the kinesio tape market
globally are Changzhou DL Medical & Health Equipment Co. Ltd, Kinesio USA
(Kinesio Holding Corporation), Atex Medical Co. Ltd., Nitoms, Inc. (Nitto Denko
Corporation), KT Health (KT Tape), FysioTape B.V., Mueller Sports Medicine Inc,
RockTape, and SpiderTech.
Segmental Analysis
The segmental evaluation of the kinesio tape market is
carried out on the basis of type, application, end user, and region. On the
basis of type, the kinesio tape market has been segmented into precuts and roll
form. Based on the applications, the kinesio tape market is segmented into
medical rehabilitation and sports protection. Based on the end user, the
kinesio tape market is segmented into rehab centers, hospitals, professional
athletes, and others. Based on the regions, the kinesio market comprises of
Middle East & Africa.
Detailed Regional
Analysis
The regional evaluation of the kinesio tape market includes
regions such as the Middle East & Africa. The UAE is the major market for
kinesio tape in the Middle East & African region. Most of the demand for
kinesio tapes comes from watching athletes using them in the Olympics. Oman is
the second principal market and anticipated to be the fastest mounting market.
Furthermore, countries like Kuwait and Qatar markets are anticipated to have a
restricted but stable growth in the market for kinesio tape. The use of kinesio
tapes in the Olympic events caused a rise in the interest of people in the
kinesiology techniques and products which is helping in the development of the
market in the region. The interest in the products led to their
commercialization, manufacturing, and sale by several companies to realize the
unexpected demand for the kinesio tapes that was noted globally.
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