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Why will Demand for Physiotherapy Tapes and Bandages Surge in Brazil in Future?

The growing prevalence of road accidents and sports injuries is a major factor responsible for the soaring requirement for physiotherapy tapes & bandages in Latin America. As per the World Health Organization (WHO), the death rate of people out of every 100,000 persons because of road accidents was 21.5% in Colombia, 24.8% in Ecuador, 40.8% in Venezuela, 20.2% in Brazil, 10.2% in Chile, 13.7% in Peru, and 13.4% in Colombia, Ecuador, Venezuela, Brazil, Chile, Peru, and Argentina, respectively, in 2018.

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Road crashes cause severe fractures and other kinds of injuries that usually require surgeries. Moreover, the post-operative care generally involves physiotherapy for reducing or overcoming the effects of disability or pain caused because of the crash. In aftercare physiotherapy, physiotherapy bandages are heavily used for providing patients relief from pain. Because of this reason, the rising incidence of road accidents is boosting the sales of physiotherapy bandages in the Latin American (LATAM) countries.

Between tapes and bandages, the demand for physiotherapy tapes is predicted to be higher in the LATAM nations in the future years. Most of the tapes being sold in the market adhere to the skin because of the presence of a medically approved, sweat-, and water-proof adhesive in them. Kinesiology tapes are the most commonly sold tapes in the hypoallergenic and latex-free varieties. These tapes are suitable for the people who are highly allergic to latex.

Thus, it can be said with full conviction that the sales of physiotherapy tapes and bandages would surge in Latin America in the coming years, primarily because of the rising incidence of sports injuries, spine-related problems, and road accidents and the increasing number of practicing physiotherapists in the LATAM countries. 

This study covers

•             Major factors driving the market and their impact during the short, medium, and long terms

•             Market restraints and their impact during the short, medium, and long terms

•             Recent trends and evolving opportunities for the market participants

•             Historical and the present size of the market segments and understand their comparative future potential

•             Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

•             Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders

•             Major players operating in the market and their service offerings

  1. Healthcare
  2. Pharmaceutical
  3. Physiotherapy Tapes and Bandages

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