The pain patch market size has exhibited strong growth in recent years. It is projected to grow from $4.24 billion in 2024 to $4.48 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.7%. This surge in the historic period can be attributed to the increased acceptance of non-invasive pain management techniques, a rise in road accidents, escalating chronic illness, an upsurge in post-surgery pain, and a heightened prevalence of trauma and injuries.
The pain patch market is expected to witness robust growth over the next few years, reaching $5.82 billion in 2029 at a CAGR of 6.8%. The introduction of more office-related jobs, changes in lifestyle, increasing need for convenient and easy-to-use effective options, increasing demand for targeted pain relief with minimal systemic side effects, and an elevated adoption rate of opioids for pain management are key contributors to the forecast period growth. Trends propelling this market include strategic collaborations, technological advancements, key players’ partnerships, innovative solutions, and the incorporation of advanced drug delivery technologies.
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What are the Key Drivers of the Non-Opioid Pain Patch Market?
The rising prevalence of pain disorders is a significant contributor to the growth trajectory of the pain patch market. Pain disorders, primarily driven by physical trauma or injury, inflammatory diseases, and psychological stress, are dealt by pain patches through controlled and steady drug release directly into the bloodstream over an extended period. It is reported that in 2022, more than one-third (38%) of adults in Scotland experienced long-term (exceeding three months) pain or discomfort, with women (43%) shown to be more affected than men (33%). This data, mentioned in the Scottish Health Survey 2022, signifies a growing need for the pain patch market.
What are the Main Segments in the Non-Opioid Pain Patch Market?
1) By Type: Opioid, Non-Opioid
2) By Route Of Administration: Metered Dose, Microneedle Patches
3) By Therapeutic Use: Pain Relief, Anesthesia, Smoking Cessation, Cough Suppression, Diarrhea Suppression
4) By Distribution Channel: Online Pharmacies, Retail Pharmacies, Hospital Pharmacies
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What are the Major Players in the Non-Opioid Pain Patch Market?
Major companies operating in the pain patch market include CVS Health Corporation, Walgreens Boots Alliance Inc., Pfizer Inc., Bayer AG, Novartis AG, Sanofi S.A., GlaxoSmithKline plc, Rite Aid Corporation, Reckitt Benckiser Group plc, and Viatris Inc., among others.
What are the Emerging Trends in the Non-Opioid Pain Patch Market?
The continual advancement of innovative technologies is a key trend gaining popularity in the pain patch market. For instance, Hisamitsu Pharmaceutical Co. Inc. recently introduced Salonpas Pain Relieving Flex Patch, a pain relief patch containing 4% lidocaine that provides effective pain relief with its innovative technology and easy-to-use design.
What is the Regional Analysis of the Non-Opioid Pain Patch Market?
North America held the largest share in the pain patch market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
What does The Pain Patch Global Market Report 2024 Offer?
A pain patch is a transdermal medication used to manage acute and chronic pain. The Pain Patch Global Market Report 2024 research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. A pain patch relieves severe pain, such as chronic pain or post-surgery pain, in patients by delivering regular doses of medicine into the bloodstream through the skin.
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