Middle East & Africa Kinesio tape Market is expected to grow at the rate of about 7.5% from 2016 to 2022.
Kinesio Taping is a rehabilitative taping technique based on body’s own natural healing process. It provides support and stability to patient’s joints and muscles without hampering the blood circulation and range of organic motion of the body. The Kinesio Taping is applied over muscles to reduce pain and inflammation, to support muscles in movement, and to relax tired muscles. Kinesio tapes are used for body problems ranging from headaches to foot problems. The Kinesio tape industry is growing rapidly.
According to a recent study report published by the Market Research Future, The Global Market of Kinesio Taping has increased its market growth in recent years and is expected to grow at a rapid pace during the forecasted period. The global market of Kinesio Taping is forecasted to witness a thriving growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
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Kinesio Taping’s first clients were the elderly, and some of the first applications were for arthritis. But researchers soon found that after the manual treatment patients would do well for a few days then decline, and they wanted something that would act as a continuation of what after experimenting with conventional forms of taping, researchers decided to design a better, more elastic form of tape. Now Kinesio Tapings are mainly associated with all types of athletes and sport men throughout the world.
Kinesio Tape Global Market – Key Players
Kinesio Taping market is glorified by a sizeable number of major players having geographical presence with a Lion’s share in the market. Those players are competing on price, quality and innovations. To drive the market and to maintain their market positions players operating in the market are striving to minimize the cost of their product. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. The major players are actively involved in the R&D of novel Kinesio Taping and are investing high funds in to development.
Profiled in MRFR Analysis some of the prominent players operating in the global Kinesio Taping market are Atex Medical Co. Ltd., Changzhou DL Medical & Health Equipment Co. Ltd, FysioTape B.V., and Kinesio USA (Kinesio Holding Corporation).
Other major players of the market include KT Health (KT Tape), Mueller Sports Medicine Inc, Nitoms,Inc. (Nitto Denko Corporation), RockTape, and SpiderTech.
Kinesio Tape Global Market – Synopsis
The Kinesio tape Middle East & Africa market is expected to reach $63.8 million by 2022.
Rehab Centers holds the share of about 27% of the Middle East & Africa Kinesio tape market.
UAE holds the market share of 43.2% of Middle East & Africa Kinesio tape market and is anticipated to reach $11.8 million by the end of forecast period.
Therapeutic taping of all kinds goes way back, and ranges from the utilitarian to barely more than a fashion statement. It’s enjoying a popularity explosion lately due to a couple of particularly well-marketed products/brands, the older but revitalized Kinesio Taping, which was seen all over the athletes of the 2012 Summer Olympics.
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These companies and others are using some new materials that may achieve different results, and perhaps better. Right now it all seems fresh and new, but these are pretty obviously evolutionary and hype-powered products and not a therapeutic revolution. And note that even Olympic athletes can be fad and fashion victims. The idea of making tape colourful was truly a stroke of marketing genius which was later proved to be a million-dollar idea, at least.
Kinesio Tape Global Market – Regional Analysis
UAE is the largest market for Kinesio tape in Middle East & Africa. Oman is the second-largest market and expected to be the fastest growing market. Furthermore Kuwait & Qatar markets are expected to have a limited but steady growth in market for Kinesio tape.
1 Report Prologue
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Middle East & Africa Kinesio Tape Market, By Type
7 Middle East & Africa Kinesio Tape Market, By Application
8 Middle East & Africa Kinesio Tape Market, By End User
9 Middle East & Africa Kinesio Tape Market, By Country
10 Kinesio Tape Market Share, Public vs Private
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