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.
Along with the development of Chinese domestic technology, there is a lot Chinese local manufacturer can produce Pain Relief Patches, with the increasing demand, more and more manufactures will go into Pain Relief Patches industry.
The classification of Pain Relief Patches includes Lidocaine Patches, Diclofenac Patches, Indomethacin Patches, Counter-Irritant Patches, Fentanyl Patches and other, and the proportion of Counter-Irritant Patches in 2016 is about 34.8%.
Transdermal pain-relieving patches frequently contain lidocaine and can promise pain relief from chronic symptoms. The over-the-counter topical pain patches listed below are ideal for providing temporary relief for mild to moderate pain symptoms. These medicated adhesive patches typically come in two varieties of analgesic patches: counter-irritant and fentanyl patches.
China region is the largest supplier of Pain Relief Patches, with a production market share nearly 39.5% in 2016. Japan is the second largest supplier of Pain Relief Patches, enjoying production market share nearly 29.9% in 2016.
China is the largest sales place, with a sales market share nearly 43% in 2016. Following China, North America is the second largest sales place with the sales market share of 16.6%.
Market competition is intense. Hisamitsu, Mylan, Johnson & Johnson, Actavis, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
According to this study, over the next five years the Pain Relief Patches market will register a 7.7% CAGR in terms of revenue, the global market size will reach US$ 6840 million by 2024, from US$ 4720 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Pain Relief Patches business, shared in Chapter 3.
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.
This study considers the Pain Relief Patches value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Lidocaine Patches
Diclofenac Patches
Indomethacin Patches
Counter-Irritant Patches
Fentanyl Patches
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
OTC
Rx
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hisamitsu
Mylan
Johnson & Johnson
Actavis
Lingrui
Teikoku Seiyaku
Sanofi
Novartis
Qizheng
Endo
Huarun 999
GSK
Haw Par
Nichiban
Mentholatum Company
Laboratoires Genevrier
BLUE-EMU
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Pain Relief Patches consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Pain Relief Patches market by identifying its various subsegments.
Focuses on the key global Pain Relief Patches manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Pain Relief Patches with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Pain Relief Patches submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Pain Relief Patches . Industry analysis & Market Report on Pain Relief Patches is a syndicated market report, published as Global Pain Relief Patches Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Pain Relief Patches market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.