Market Overview:
The global elastic orthopedic tape market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of sports injuries, rising awareness about the benefits of elastic orthopedic tapes, and technological advancements in the production of elastic orthopedic tapes. The global elastic orthopedic tape market is segmented on the basis of type, application, and region. On the basis of type, it is divided into white and color elastics. The white elastics segment dominates the global market owing to its high demand for applications such as hospital use, clinic use, and domestic use.
Product Definition:
Elastic Orthopedic Tape is a type of tape used to provide support and stability to injured joints and muscles. It is made from elastic materials, which allow it to stretch and conform to the body's contours. This makes it ideal for stabilizing injuries, particularly around the knee, ankle, and elbow.
White:
White is a color that has been used in various orthopedic applications. It was first used as an elastic bandage to bind the plaster cast of a broken bone and it has been in use ever since. The growth factor for white orthopedic tape is the same as any other type of elastic orthopedic tape; it's popularity and usage are based on clinical evidence, research studies, product performance & safety parameters, regulatory approvals & marketing authorization from governing bodies like FDA (U.
Color:
The color and its usage in elastic orthopedic tape market is a unique feature of this market. The colors used in the elastic orthopedic tapes are black, blue, green, brown and red. The colors are used to differentiate between the different types of products in this industry such as medical tapes, surgical tapes and wound dressing products.
Application Insights:
The clinic application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing number of clinics offering orthopedic treatments has been one of the key factors driving demand for elastic tapes. Moreover, increasing awareness about these products among patients as well as healthcare professionals is expected to further propel growth over the coming years.
The hospital application segment held around 60% share in terms of revenue in 2017 owing to wide usage at hospitals for various applications including knee, hip and shoulder replacement surgeries among others. In addition, hospitals are also widely using these products during rehabilitation procedures after surgery which is expected to drive their demand further over the coming years.
Elastic orthopedic tapes are used commonly by athletes.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of hospitals and clinics that use advanced medical products. Moreover, high healthcare expenditure and favorable reimbursement policies are also expected to drive demand for these tapes in this region.
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period due to rising healthcare spending by governments as well as private sectors in countries such as China, India, Japan, Singapore and Australia. In addition, increasing investments by manufacturers for manufacturing cost-effective orthopedic tapes are expected to propel growth over the next eight years.
Growth Factors:
- Increasing demand for orthopedic surgeries due to rising incidence of bone and joint disorders.
- Growing awareness about the benefits of elastic orthopedic tape among consumers.
- Rising popularity of sports and fitness activities, which is leading to an increase in the number of injuries that require treatment with elastic orthopedic tape.
- Technological advancements in the manufacturing process of elastic orthopedic tapes that are making them more durable and effective than traditional tapes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Elastic Orthopedic Tape Market Research Report
By Type
White, Color
By Application
Hospital, Clinic, Domestic, Other
By Companies
Lohmann & Rauscher, Roscoe Medical, Prime Medical, Neomedic Limited, Udaipur Healthcare, Onesky Holdings, Darco International, Mika Medical, Orfit Industries, Allard International, BORT Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Elastic Orthopedic Tape Market Report Segments:
The global Elastic Orthopedic Tape market is segmented on the basis of:
Types
White, Color
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Domestic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lohmann & Rauscher
- Roscoe Medical
- Prime Medical
- Neomedic Limited
- Udaipur Healthcare
- Onesky Holdings
- Darco International
- Mika Medical
- Orfit Industries
- Allard International
- BORT Medical
Highlights of The Elastic Orthopedic Tape Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- White
- Color
- By Application:
- Hospital
- Clinic
- Domestic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elastic Orthopedic Tape Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Elastic orthopedic tape is a type of medical adhesive tape that is used to treat injuries and pain. The tape is made from a soft, stretchy material that conforms to the body's contours. It can be applied to the skin for temporary relief of pain or inflammation, or it can be used as a permanent treatment for more serious injuries.
Some of the key players operating in the elastic orthopedic tape market are Lohmann & Rauscher, Roscoe Medical, Prime Medical, Neomedic Limited, Udaipur Healthcare, Onesky Holdings, Darco International, Mika Medical, Orfit Industries, Allard International, BORT Medical.
The elastic orthopedic tape market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Elastic Orthopedic Tape Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Elastic Orthopedic Tape Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Elastic Orthopedic Tape Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Elastic Orthopedic Tape Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Elastic Orthopedic Tape Market Size & Forecast, 2020-2028
4.5.1 Elastic Orthopedic Tape Market Size and Y-o-Y Growth
4.5.2 Elastic Orthopedic Tape Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 White
5.2.2 Color
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Domestic
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Elastic Orthopedic Tape Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Elastic Orthopedic Tape Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 White
9.6.2 Color
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Domestic
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 White
10.6.2 Color
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Domestic
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 White
11.6.2 Color
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Domestic
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 White
12.6.2 Color
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Domestic
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 White
13.6.2 Color
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Domestic
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Elastic Orthopedic Tape Market: Competitive Dashboard
14.2 Global Elastic Orthopedic Tape Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lohmann & Rauscher
14.3.2 Roscoe Medical
14.3.3 Prime Medical
14.3.4 Neomedic Limited
14.3.5 Udaipur Healthcare
14.3.6 Onesky Holdings
14.3.7 Darco International
14.3.8 Mika Medical
14.3.9 Orfit Industries
14.3.10 Allard International
14.3.11 BORT Medical
