The demand for Kinesiology Tapes is anticipated to rise as they are used more frequently to treat older patients' discomfort. In addition, rising aerobics and sports participation as well as public awareness of physiological problems are important drivers that are anticipated to spur market expansion. Numerous therapeutic advantages of kinesiology tapes include a reduction in knee and shoulder swelling. The market is anticipated to develop as there are more instances of minor sports-related injuries that result in muscle soreness. Around 20 to 50 million people worldwide experienced non-fatal injuries in 2018, according to the World Health Organisation. Regional divisions of the worldwide kinesiology tape market include North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Because rheumatoid arthritis is so common in the region, North America holds the greatest market share in the worldwide Kinesiology tape industry. A certified training programme for healthcare professionals is provided by the Kinesiology Taping Association, and the London Olympics featured the use of Kinesiology tapes by about 80 different nations. As a result, these elements and scenarios are anticipated to fuel the expansion of the global Kinesiology tape market.
According to Coherent Market Insights, The size of the Kinesio Tape Market is anticipated to reach $316.2 million by 2024 and is predicted to expand at a CAGR of 10% from 2020 to 2025.
Prominent Companies in the Kinesiology Tape Industry:
1. Star Micronics
The firm was founded in 1947 and has its main office in Shizuoka, Japan. The business creates and produces electronics. Point-of-sale printers, CNC automatic lathes, wristwatch components, and hard disc drive components are among the products offered by the company. Special products, machine tools, and precision products make up STAR MICRONICS' three business sectors. The Star Micronics TSP100IV, which has Omni channel retail characteristics, was unveiled in May 2022.
2. KT Health
The company was established in 2008 and is located in United States. Sports and healthcare items are produced by KT Health, LLC. The business offers a heat wrap device, a rehabilitation patch, a massage ball, and mild tapping. The company helps allied health professionals transition into private practise by offering specialised therapists in the catastrophic injury and complex care sectors.
3. StrengthTape
The company was founded in 2010 and is located in Saint George, Utah, United States. Kinesiology tape and sports tape designed specifically for your muscles and joints are available at StrengthTape. Without restricting range of motion like a conventional brace, Strength Tape offers support and stability for muscles, joints, and tendons.
4. Nitto Denko
The firm was started in 1918 and has its main office in Osaka, Japan. The Nitto Denko Corporation produces and sells a variety of chemical goods that are used as raw materials for industrial and electronic components. Materials for semiconductors, wrappings, and sealants are among the company's offerings. Nitto finished acquiring Mondi's personal care component business in July 2022. Bend Labs, Inc. was purchased by Nitto in the United States in June 2022.
5. Epson
The company was founded in 1942 and is based in Nagano, Japan. In addition to POS printers and large format printing solutions, Epson offers a wide selection of multifunction printers, data projectors, and home theatre projectors. Epson released the SureLab D570 in April 2023. It is a high-quality, professional minilab photo printer with an ultra-compact design.
6. SportsTex
The company was started in 1989 and has its main office Santiago, Chile. SportsTex is a high-end kinesiology therapeutic tape that provides all of the therapeutic advantages and may be used in a number of ways. SportsTex Tapes can be applied by doctors, occupational therapists, physical therapists, and athletic trainers to lessen muscular soreness and enhance performance.
7. SpiderTech Inc.
The firm was established in 2008 and is located in Ontario, Canada. The world's most inventive therapeutic tape, often known as kinesiology tape or elastic sports tape, is made by SpiderTech. Injuries are prevented by Spidertech's assistance for muscles and joints.
*Definition: Athletes as well as patients in their 50s and younger utilise kinesiology tape, an elastic adhesive tape. These tapes are wearable in nature, latex-free, waterproof, and hypoallergenic.
