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Kinesiology Therapeutic Tape Market Size

Report ID: GMI9285 Published Date: April 2024Report Format: PDF
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Kinesiology Therapeutic Tape Market Size

Kinesiology Therapeutic Tape Market was valued at USD 310.2 million in 2023 and is expected to exhibit a CAGR of 9.2% from 2024 – 2032 period. High market growth can be attributed to the ongoing advancements in tape materials, rising demand for non-invasive pain management, growing aging population & chronic conditions, and increasing sports participation among women and older adults, among other contributing factors.

 

Kinesiology Therapeutic Tape Market

Furthermore, the global aging population is more susceptible to musculoskeletal injuries, chronic conditions, and pain associated with aging. For instance, according to a recent United Nations (UN) research report, the number of people aged 65 and over globally is predicted to treble over the next three decades. The senior population is expected to reach 1.6 billion by 2050, accounting for more than 16% of the worldwide population. KT tapes offer a non-invasive and cost-effective solution for managing these issues, making them increasingly popular among elderly individuals and those with chronic conditions such as arthritis and back pain. As the prevalence of chronic conditions continues to rise globally, so does the demand for KT tapes as part of comprehensive pain management and rehabilitation strategies.

Moreover, the tapes offer a non-pharmacological and non-invasive approach to pain management, making them attractive to individuals seeking alternatives to traditional pain relief methods. With concerns about the side effects and risks associated with pharmaceuticals, there is a growing preference for non-invasive pain management techniques, thus driving the demand for KT tapes.

Kinesiology therapeutic (KT) tape is a flexible adhesive tape designed to provide support and stability to muscles and joints while allowing for a full range of motion. It is made of breathable cotton or synthetic fabric with an elastic component that mimics the elasticity and thickness of human skin. The tape is applied directly to the skin in specific patterns to target muscles, ligaments, and tendons, with the goal of reducing pain, improving circulation, enhancing proprioception, and supporting injured or overused areas.

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

How big is the North America kinesiology therapeutic tape industry?+

North America market size was USD 115.4 million in 2023 and is anticipated to grow at 9% CAGR between 2024

Why is the demand for KT tapes growing in home settings?+

Kinesiology therapeutic tape industry from the home settings segment is anticipated to reach USD 321.3 million by 2032, as individuals are increasingly taking proactive measures to address minor injuries, aches, and pains at home without the need for professional intervention.

What is the size of kinesiology therapeutic tape market?+

The global market size for kinesiology therapeutic tape was valued at USD 310.2 million in 2023 and is expected to exhibit 9.2% CAGR from 2024

Mention the key players involved in kinesiology therapeutic tape market?+

Atex Co., Ltd., Hangzhou Gspmed Medical Appliances Co., Ltd., Healixon, Implus LLC, KT Tape, LP Support, Mueller Sports Medicine, Inc., Nitto Denko Corporation, Spidertech, STRENGTHTAPE and Towatek Korea Co., Ltd.

Kinesiology Therapeutic Tape Market Scope

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