Middle East and Africa Kinesio Tape Market Drivers,Key Player, Advanced Technology, Applications and Business Opportunities till 2027

 

Middle East and Africa Kinesio Tape Market 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 10.2 % in the duration of the forecast period.

The Kinesio tape industry is presumed to expand at a rapid pace owing to several factors. The increasing demand for Kinesio Tapes Market coupled with the growing awareness of kinesiology techniques has boosted its market revenue during the assessment period. Though Kinesiology tape is an easy method, it requires knowledge about the physiology and anatomy of the human body. Thus, conducting workshops and training programs regarding the use of kinesiology tapes has created awareness among the common people. Increasing awareness will further lead to a greater number of people using the kinesiology tapes for various athletic as well as medical purposes. Such factors are likely to create a positive impact on the growth of the Middle East and Africa Kinesio Tape Market Overview during the assessment period. Moreover, getting into a kinesiology tape manufacturing is easy owing to the lack of copyright clauses. This has further created opportunities for new market entrants in the business.

The inclination towards rehabilitative techniques is spurring the development of the kinesio tape market 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.

Middle East and Africa Kinesio Tape Market Segmentation

The segmental evaluation of the Middle East and Africa Kinesio Tape Market Drivers 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.

Middle East and Africa Kinesio Tape Market Regional Analysis

UAE is considered to be the largest market for Kinesio tape in the Middle East & Africa. On the other hand, Oman is considered as the second-largest market and is presumed to showcase the fastest growth rate in the global market. Meanwhile, markets in Kuwait & Qatar are estimated to have limited but steady growth in market for Kinesio tape.

The Middle East & Africa Kinesio tape market is considered to expand at 6.6% CAGR during the assessment period owing to the rising demand for Kinesio tapes coupled with the growing awareness of the kinesiology techniques. Moreover, due to the presence of several small as well as well-established players, this region appears to be fragmented and highly competitive.

With the well-established market in North America, major companies have their home in this region and generate the maximum market share. Also, small and medium scale players are generating revenue from the local market, thereby boosting the Kinesio tape market in this region.

Industry Updates

Compass Health Brands has recently announced the acquisition of STRENGTHTAPE brand of kinesiology tape and associated assets from the privately held company ENDEVR of St. George. ENDEVR, founded in 2010, has built STRENGTHTAPE into a leading kinesiology tape brand and is known for its effectiveness and durability on common injuries.

Competitive Dashboard

The prominent players operating the global Kinesio tape market are Kinesio USA (Kinesio Holding Corporation), KT Health (KT Tape), SpiderTech, Atex Medical Co. Ltd., Changzhou DL Medical & Health Equipment Co. Ltd, FysioTape B.V., Mueller Sports Medicine Inc, Nitoms Inc. (Nitto Denko Corporation), and RockTape.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

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