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Kinesio Tape Market Outlook to 2024: Top Companies in Market, Trends & Growth

Kinesio tape is an elastic adhesive tape used by geriatric and pediatric patients and athletes. These tapes are latex-free, water resistant, hypoallergenic, and wearable in nature. Kinesio tape works by alleviating discomfort and facilitates lymphatic drainage by lifting the skin, which increases interstitial space, decreases inflammation, and reduces pressure. It offers support and stability to muscles and joints without hampering the body movement. These tapes can be used for a range of complications varying from headaches to foot problems.

Kinesio Tape Market - Dynamics

Increasing use of kinesio tapes in pain management for geriatric patients is expected to lead to growth of the global kinesio tape market. Moreover, increasing sports activities, aerobics, and awareness regarding physiological disorders are major factors that are expected to boost growth of the market. Kinesio tapes offer several therapeutic benefits such as decrease in swelling of knees and shoulder. Increasing incidents of minor injuries from sports activities that lead to muscle pain is also expected to contribute to the market growth. According to the World Health Organization 2018, worldwide around 20 to 50 million people suffered from non-fatal injuries annually.

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Kinesio Tape Market – Regional Insights

The global kinesio tape market is segregated regionally into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America accounts for the largest market share in the global kinesio tape market, owing to high prevalence of rheumatoid arthritis in the region. According to The National Center for Biotechnology Information’s (NCBI) report 2017, around 1.28 to 1.36 million people were diagnosed with rheumatoid arthritis during the period 2004 to 2014 in the U.S. Europe is expected to witness significant growth in the market over the forecast period, owing to high adoption of kinesio tape by healthcare practitioners and athletes. The Kinesio Taping Association offers a certification training program for healthcare practitioners and around 80 countries have used kinesio tapes in London Games. Therefore, these factors and scenarios are expected to drive the global kinesio tape market growth.

Kinesio Tape Market – Competitive Landscape

Major players operating in the global kinesio tape market include, RockTape, Star Micronics, KT Health, StrengthTape, Nitto Denko, Atex Medical Co. Ltd., DL Medical & Health Kinesio Holding Corporation, Epson, Boca Systems, SportsTex, SpiderTech Inc., and Pyramid Technologies.

Key players in the market are focused on launching new products to enhance their market share. For instance, in 2017, KT Health launched three new products: KT RECOVERY Ice/Heat Massage Ball, KT PERFORMANCE+ Blister Prevention Tape, and KT PERFORMANCE+ Blister Treatment Patch for athlete recovery and performance.

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Kinesio Tape Market Outlook to 2024: Top Companies in Market, Trends & Growth

Increasing use of kinesio tapes in pain management for geriatric patients is expected to lead to growth of the global kinesio tape market.

Kinesio Tape Market Outlook to 2024: Top Companies in Market, Trends & Growth

Increasing use of kinesio tapes in pain management for geriatric patients is expected to lead to growth of the global kinesio tape market. Moreover, increasing sports activities, aerobics, and awareness regarding physiological disorders are major factors that are expected to boost growth of the market.

Kinesio Tape Market Outlook to 2024: Top Companies in Market, Trends & Growth

Kinesio tape is an elastic adhesive tape used by geriatric and pediatric patients and athletes. These tapes are latex-free, water resistant, hypoallergenic, and wearable in nature. Kinesio tape works by alleviating discomfort and facilitates lymphatic drainage by lifting the skin, which increases interstitial space, decreases inflammation, and reduces pressure. It offers support and stability to muscles and joints without hampering the body movement. These tapes can be used for a range of complications varying from headaches to foot problems.

Anti-Osteoporosis and Fracture Healing Market Opportunities in Upcoming years

Osteoporosis involves a condition, which results when the rate of bone tissue regeneration is much less than its breakdown, making the bones porous. Osteoporosis is more prevalent in female, where more cases occur after menopause due to decrease in estrogen hormone levels. In osteoporosis, the strength and structure of bones is affected, which increases the probability of occurrence of fractures, especially in hip region, wrists, and spine. An X-ray based scanning method, Dual Energy X-ray Absorptiometry (DEXA) or bone densitometry, is used for diagnosis of the condition. Osteoporosis has no clear symptoms, although is characterized by spine weakening and joint pain.

Anti-Osteoporosis and Fracture Healing Market Drivers

In the recent past, various regulatory bodies such as European Medicines Agency (EMA), U.S. Food and Drug Administration (FDA), Medicines and Healthcare Products Regulatory Agency (MHRA), and others approved new drugs for treatment of osteoporosis. Approval and launch of such new drugs are expected to drive global Anti-Osteoporosis and Fracture Healing Market growth over the forecast period. For instance, in April 2017, Radius Health Inc., a biopharmaceutical company, received approval from U.S. Food and Drug Administration (FDA) for TYMLOS (abaloparatide) injection, for treating postmenopausal women with osteoporosis who are at high risk of fracture. This drug reduces the occurrence of spinal cord and peripheral skeleton fractures in postmenopausal women.

Furthermore, key players are launching new treatment methods for osteoporosis in the market. For instance, in January 2016 Ahn-Gook Pharmaceutical Co., Ltd., a South Korea based pharmaceutical company, received approval from the Korean Ministry of Food and Drug Safety (MFDS) for marketing of Binosto buffered alendronate in Korea. Alendronate reduces bone loss and buffering reduces the exposure of stomach and esophagus to acidified alendronate. Such new product launches are expected to fuel global Anti-Osteoporosis and Fracture Healing Market growth over the forecast period.

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Anti-Osteoporosis and Fracture Healing Market Regional Analysis

North America anti-osteoporosis and fracture healing market is expected to witness significant growth over the forecast period owing to new product launches. For instance, in September 2018, Zydus Pharma Inc. received approval from U.S. Food and Drug Administration (FDA) for launch of Risedronate Sodium delayed release tablets in America, a drug used for osteoporosis treatment in postmenopausal women.

In April 2018 Amgen Inc., an American biopharmaceutical company, received approval from Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) for marketing of Prolia (denosumab) in Europe. Denosumab is used for treating bone loss associated with prolonged systemic glucocorticoid therapy in patients who are at increased risk of fracture. This is expected to drive the Europe anti-osteoporosis and fracture healing market growth over the forecast period.

In January 2018 Amgen Inc. and UCB S.A announced receiving approval for marketing of Evenity (romosozumab) drug in Japan by Japanese Ministry of Health, Labor and Welfare. Evenity is a bone forming agent which performs dual role of increasing bone formation and reducing bone resorption leading to reduced risk of fracture. These factors are expected to support global Anti-Osteoporosis and Fracture Healing Market growth over the forecast period.

Anti-Osteoporosis and Fracture Healing Market Restraints

Bisphosphonate pills, a commonly used medication for osteoporosis are not well absorbed in the stomach and are involved with side effects such as stomach upset and heartburn. In addition to this, increased awareness regarding osteoporosis, especially in women, has resulted in consumption of calcium and vitamin rich diet and adapting physiotherapeutic measures for prevention of occurrence of osteoporosis. These factors are expected to restrain global Anti-Osteoporosis and Fracture Healing Market growth over the forecast period.

Anti-Osteoporosis and Fracture Healing Market Key Players

Some of the key players operating in the anti-osteoporosis and fracture healing market are Radius Health Inc., Pfizer Inc., Amgen Inc., Novartis AG, GlaxoSmithKline Plc., Merck & Co., Inc., F. Hoffman-La Roche AG, Eli, Lilly and Company Limited, and PhytoHealth Corporation.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

Anti-Osteoporosis and Fracture Healing Market Opportunities in Upcoming years

Osteoporosis involves a condition, which results when the rate of bone tissue regeneration is much less than its breakdown, making the bones porous. Osteoporosis is more prevalent in female, where more cases occur after menopause due to decrease in estrogen hormone levels. In osteoporosis, the strength and structure of bones is affected, which increases the probability of occurrence of fractures, especially in hip region, wrists, and spine. An X-ray based scanning method, Dual Energy X-ray Absorptiometry (DEXA) or bone densitometry, is used for diagnosis of the condition. Osteoporosis has no clear symptoms, although is characterized by spine weakening and joint pain.

Pain Management Drugs Market - Global Opportunities,Size,Competitive Analysis

The global pain management drugs market was valued at US$ 63,212.3 Mn in 2017 and is expected to witness a robust CAGR of 3.9% over the forecast period (2018 – 2026).

Pain Management Drugs Market - Global Opportunities,Size,Competitive Analysis

The global pain management drugs market was valued at US$ 63,212.3 Mn in 2017 and is expected to witness a robust CAGR of 3.9% over the forecast period (2018 – 2026).

Pain Management Drugs Market - Global Opportunities,Size,Competitive Analysis

The global pain management drugs market was valued at US$ 63,212.3 Mn in 2017 and is expected to witness a robust CAGR of 3.9% over the forecast period (2018 – 2026).

First Aid Kit Challenges with Forecast to 2028 : Analysis, Drivers, Restraints

First aid kits are utilized at almost every place such as homes, schools, offices, vehicles, recreational centers, and gyms to manage unexpected injuries.

First Aid Kit Challenges with Forecast to 2028 : Analysis, Drivers

First aid kits are utilized at almost every place such as homes, schools, offices, vehicles, recreational centers, and gyms to manage unexpected injuries. These are one of the most commonly used medical accessories in home care settings along with public and private healthcare facilities.

First Aid Kit Challenges with Forecast to 2028 : Analysis, Drivers, Restraints

First aid kits are utilized at almost every place such as homes, schools, offices, vehicles, recreational centers, and gyms to manage unexpected injuries.

First Aid Kit Challenges with Forecast to 2028 : Analysis, Drivers, Restraints

First aid kits are utilized at almost every place such as homes, schools, offices, vehicles, recreational centers, and gyms to manage unexpected injuries. These are one of the most commonly used medical accessories in home care settings along with public and private healthcare facilities. A first aid kit contains a wide variety of equipment such as gauzes (long and short), different type of bandages, wound cleaning agents, antiseptics, cotton, scissors, tweezers, gloves, elastic wraps, and splits. The first aid kit also contains certain medications such as pain killers, antihistamines, and rehydration salts besides the before mentioned medical equipment.

Global First Aid Kit Market Drivers

The first aid kit market revenue is expected to witness significant growth, owing to increasing demand for first aid kits from the sports industry. Increasing incidences of sports related injuries require a primary treatment from first aid box. According to the Center for Disease Control and Prevention (CDC) National Health Statistics Report of 2016, around 8.6 million people suffered from sports and recreation related injuries from 2011 to 2014 in the U.S.

Furthermore, first aid kits market size is expected to witness significant growth, owing to government rules and regulation for health and safety at workplaces, which increase demand for first aid kits. According to the data published by Health and Safety Executive (HSE), U.K., in January 2019, workplaces should have adequate amount of fully equipped first aid kits as per the number of employees, first aid rooms, trained person to perform first aid activities, and making employees aware of first aid arrangements.

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Global First Aid Kit Market Restraints

The general lack of awareness and knowledge about first aid activities is a major restraining factor for the first aid kit market growth. According to the 2015 research of British Red Cross (BRC), 95% of people lack knowledge and confidence to perform first aid in emergency situations such as heavy bleeding, non-responsive, and non-breathing cases in the U.K. Moreover, the first aid kit market growth is hampered due to unavailability of first aid kits in middle to lower income countries.

Global First Aid Kit Market: Regional Analysis

North America is expected to witness significant growth in the first aid kit market over the forecast period, owing to launch of innovative products in the region. For instance, in 2018, Medline Industries developed a germ shield product line for prevention of infection. This product line includes antimicrobial ointments, CHG Antiseptic Pre-Surgical Cleanser Kit, and 2-layer gloves and advanced breathable adhesive bandages.

Asia Pacific first aid kit market revenue is expected to witness remarkable growth in 2026 due to increasing number of accidents in the region, which requires use of first aid kit as a primary mode of treatment. According to the Ministry of Road Transport and Highways (MRTH), Government of India report, in 2017 around 147,000 deaths and 470,000 injuries were recorded in India due to road accidents. Moreover, the production of wide range of products like cotton self-adhesive elastic bandages, multi-functional first aid kits, office wall mount first aid box at cheap rates in China is also expected to rise the first aid kit market size.

Global First Aid Kit Market: Competitive Landscape

Key players operating in the global first aid kit market include, 3M Healthcare Company, Honeywell, Fieldtex Products, and Johnson & Johnson. Other prominent competitors are Acme United Corporation, AdvaCare, Canadian Safety Supplies, Cintas, Certified Safety Manufacturing, Cramer Products, DC Safety, Dynamic Safety USA, Firetex Protective Technologies, Green Guard, Hartmann, Medline Industries, and Lifeline.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

Paroxysmal Nocturnal Hemoglobinuria Therapeutics Market with Current Trends, Drivers

Symptoms of paroxysmal nocturnal hemoglobinuria includes hemolytic anemia, hemoglobinuria, fatigue, breathlessness, abdominal pain, difficulty in controlling bleeding even from very minor wounds, appearance of small red dots on the skin that indicates bleeding under the skin, severe headache, and blood clots (thrombosis).

Latest Report of Paroxysmal Nocturnal Hemoglobinuria Therapeutics Market with Current Trends, Drivers

The paroxysmal nocturnal hemoglobinuria (PNH) is a rare, acquired bone marrow failure disorder, which leads to premature death and impaired red blood cells (RBCs). PNH is characterized by hemolytic anemia, thrombosis, and peripheral blood cytopenia. Mutation in the PIGA-A gene of hematopoietic stem cells causes deficiency of the two glycosylphosphatidylinositol (GPI) anchored proteins, namely CD55 and CD59 in the patient’s body, which gives rise to the premature destruction of RBCs.

Latest Report of Paroxysmal Nocturnal Hemoglobinuria Therapeutics Market

The paroxysmal nocturnal hemoglobinuria (PNH) is a rare, acquired bone marrow failure disorder, which leads to premature death and impaired red blood cells (RBCs). PNH is characterized by hemolytic anemia, thrombosis, and peripheral blood cytopenia