Global Pain Relief Patches Market Growth 2023-2029

Global Pain Relief Patches Market Growth 2023-2029

Pain relief patch is a medicated adhesive patch that is placed on the skin to deliver a specific dose of medication through the skin and into the bloodstream. Often, this promotes healing to an injured area of the body. An advantage of a transdermal drug delivery route over other types of medication delivery such as oral, topical, intravenous, intramuscular, etc. is that the patch provides a controlled release of the medication into the patient, usually through either a porous membrane covering a reservoir of medication or through body heat melting thin layers of medication embedded in the adhesive.

LPI (LP Information)' newest research report, the “Pain Relief Patches Industry Forecast” looks at past sales and reviews total world Pain Relief Patches sales in 2022, providing a comprehensive analysis by region and market sector of projected Pain Relief Patches sales for 2023 through 2029. With Pain Relief Patches sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pain Relief Patches industry.

This Insight Report provides a comprehensive analysis of the global Pain Relief Patches landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pain Relief Patches portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pain Relief Patches market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pain Relief Patches and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pain Relief Patches.

The global Pain Relief Patches market size is projected to grow from US$ 4547.9 million in 2022 to US$ 5961.4 million in 2029; it is expected to grow at a CAGR of 5961.4 from 2023 to 2029.

Global pain relief patches key players include Hisamitsu, Mylan, Johnson and Johnson, Lingrui, etc. Global top 5 plyers hold a share about 40%.

North America is the largest market, with a share about 35%, followed by China and Japan, having a total share about 46 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Pain Relief Patches market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Lidocaine Patches

Diclofenac Patches

Indomethacin Patches

Counter-Irritant Patches

Fentanyl Patches

Mint Patches

Methyl Salicylate Patches

Capsaicin Patches

Others

Segmentation by application

OTC

Rx

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Hisamitsu

Mylan

Johnson & Johnson

Teva

Lingrui

Sanofi

Qizheng

Endo

Huarun 999

GSK

Haw Par

Nichiban

Laboratoires Genevrier

BLUE-EMU

IBSA Group

Pfizer

Performance Health

Actavis

Teikoku Seiyaku

Novartis

Mentholatum Company

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pain Relief Patches market?

What factors are driving Pain Relief Patches market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pain Relief Patches market opportunities vary by end market size?

How does Pain Relief Patches break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.