The global demand for Elastic Therapeutic Tape Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
The elastic therapeutic tape is also termed as Kinesiology tape which is an elastic cotton band comprising of acrylic adhesive that supports in pain relief and injuries of athletes. It is extensively employed in the rehabilitation of sports wounds which is activating the expansion of the elastic therapeutic tape market. For illustration, the rehabilitative tape assists to facilitate the body’s recovery cycle by giving its extensive delicate tissue manipulation. Furthermore, the elastic therapeutic tape is capable of bearing 140% stretching by its length. Relaxation from swelling and physiotherapy medications are the additional characteristics of elastic therapeutic tape that impact market growth. It has numerous usage like treatment of ligament strains, joint swelling and treatment of muscle sprains arthritis that propels the demand of the elastic therapeutic tape market growth.
The rise in demand for elastic therapeutic tape for orthopaedic diagnosis and for versatile usage of therapeutic tape is developing factor driving the elastic therapeutic tape market growth. Besides, the surge in geriatric people and regular practice of tape in sports owing to again in petty accidents are few of the important components propelling the elastic therapeutic tape market growth. Besides, the increase in attention to physical problems along with thriving healthcare sector is expected to offer significant growth to the elastic therapeutic tape market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of elastic therapeutic tape.
The entire elastic therapeutic tape market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- On-Line Shop
- Mall & Supermarket
This section covers regional segmentation which accentuates on current and future demand for elastic therapeutic tape market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Elastic Therapeutic Tape Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the elastic therapeutic tape market include Kinesio Taping, Spidertech, Kt Tape, Rocktape, Strengthtape, Nitto Denko, Mueller, Lp Support, Towatek Korea, Atex Medical and others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.