Pain Relief Patches
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.
Market trend Snapshot
Global Pain Relief Patches market was valued at 5,035 million USD in 2019 and expected to reach 5.154 million USD by 2026, growing at a CAGR of 7.13%. This report provides comprehensive and in-depth analysis and prediction of the Pain Relief Patches industry.
The increase in the predominance of arthritis and other bone-related conditions, diabetic neuropathy, cancer, and others, commencing to pain is the prime factor that propelling the Pain Relief Patches market growth. Furthermore, rising adoption of pain relief products as they cause lesser side effects compared to oral pain relief, an upsurge in geriatric population across the world, and increasing demand for local pain relief by sports people are some of the other important driving factors for Pain Relief Patches market growth. Besides, the growth of the online platform for the therapeutics and high potential in untapped markets in the emerging economies are expected to contribute lucrative growth opportunities for the industry. On the contrary side, factors such as irritations to the skin and a strong or unpleasant odor are projected to hamper the market growth.
From Base year 2018 to forecast year 2026
Get FREE Sample of Pain Relief Patches Market Report at:
Key Market Players Profile
Various market pacemakers covered in the report are BenGay, Tianhe Medical, Salonpas, Tiger Balm, Balego and Associates, Lidocare, Mentholatum Company, Walgreens, Nichiban, and Icy Hot. The report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies, which will help companies create strategies to take advantages of the emerging opportunities in the future. Production and consumption are estimated to continue developing with a stable growth rate during the forecast period. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
Asia Pacific holds the largest Pain Relief Patches market share
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trend, and economic development in these countries are also taken into consideration.
The Asia Pacific was the leading market at a share of 31.65% and expected to be the fastest growing region during the forecast period due to increasing demand for better treatment at an affordable cost. Furthermore, increasing innovation and government funding in the development of cutting-edge technology and healthcare infrastructure would augment the completion of Asia Pacific pain relief patches market. Europe is the second largest market with a share of 30.24%, followed by North America with a share of 26.35%. The major market drivers assisting in the growth of North America transdermal skin patches include the rise in research and development in non-invasive methods of treatment for chronic infirmities such as pain relief, motion sickness, and another lifestyle-related disorder.
Pain Relief Patches Type and Application Sketch
By type
By application
Get FREE Sample of Pain Relief Patches Market Report at:
Pain Relief Patches Report provides
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Pain Relief Patches Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Pain Relief Patches Market by Types
4 Segmentation of Pain Relief Patches Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Pain Relief Patches Market in Major Countries
7 North America Pain Relief Patches Landscape Analysis
8 Europe Pain Relief Patches Landscape Analysis
9 Asia Pacific Pain Relief Patches Landscape Analysis
10 Latin America, Middle East & Africa Pain Relief Patches Landscape Analysis
11 Major Players Profile
11.1 BenGay
11.1.1 BenGay Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Tianhe Medical
11.3 Salonpas
11.4 Tiger Balm
11.5 Balego and Associates
11.6 Lidocare
11.7 Mentholatum Company
11.8 Walgreens
11.9 Nichiban
11.10 Icy Hot
…
Target Audience:
Get FREE Sample of Pain Relief Patches Market Report at:
Contact
Global Market Monitor
One Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,
NY 11201, USA
Name: Rebecca Hall
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com
We provide more professional and intelligent market reports to complement your business decisions.
Chinese