Market Overview:
The global pain relieving patches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in pain relief patches. Based on type, the global pain relieving patches market is segmented into lidocaine patches, diclofenac patches, indomethacin patches, counter-irritant patches, fentanyl Patches and other types. The lidocaine patch segment is expected to account for the largest share of the global pain relieving patch market in 2018 owing to its high demand for treating chronic musculoskeletal disorders such as arthritis and backache. Based on application, the global pain relieving patch market is segmented into chronic arthritis Pain reliefs fall injuries strain injuries neuralgia backpain and other applications. The chronic arthritis application segment accounted for majority share of total revenue generated by all applications segments in 2017 owing to increase incidence rate of rheumatoid arthritis across globe .
Product Definition:
A pain relieving patch is a type of adhesive bandage that is applied to the skin in order to deliver medication directly to the source of pain. The patches are available over-the-counter and are often used to treat conditions such as arthritis, headaches, and muscle aches.
Lidocaine Patches:
Lidocaine patches is a transdermal drug delivery system containing the active ingredient lidocaine. It is used to treat skin and tissue pain by allowing rapid diffusion of the drug into the affected area. The product has been available for more than two decades and was first launched in 1995 as Patches (lidocaine-prilocalne).
Diclofenac Patches:
Diclofenac patches are transdermal patches that contain the drug diclofenac sodium. Diclofenac is used to treat chronic pain and is also used as a maintenance therapy for pain management in people who have undergone surgery. The medication works by decreasing the production of prostaglandins, which causes pain by acting on nerve receptors present in the body.
Application Insights:
The chronic arthritis segment dominated the global pain relieving patches market in 2017. The growing geriatric population, which is prone to joint diseases, is a major factor driving the segment growth. According to data published by the United Nations (UN), it has been estimated that around 60% of people aged 60 or above have at least one chronic disease and this proportion is expected to increase with age. As per another study, it has been reported that around 70 million people in America suffer from some form of arthritis every year and this number is anticipated to increase by 2030 due double disability-adjusted life years (DALYs). Therefore, increasing incidence of chronic diseases coupled with rising geriatric population will drive demand for pain relieving patches over the forecast period.
The other application segment includes burns.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies. In addition, quick adoption of technologically advanced products for pain management is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to increasing geriatric population and rising incidences of chronic diseases such as diabetes and neuralgia. Moreover, growing medical tourism industry in emerging countries such as India & China will further boost product demand during the forecast period. Favorable government initiatives are also being undertaken in this region for improving healthcare facilities which will result into increased demand for these patches over time.
Growth Factors:
- Increasing geriatric population: The global population of people aged 60 years and above is estimated to increase from 524 million in 2010 to 1.4 billion by 2050, according to the United Nations Department of Economic and Social Affairs (UNDESA). This growing segment is more susceptible to chronic pain, which can be relieved through patches.
- Rising awareness about pain relief patches: There has been a rise in awareness about the benefits of using pain relief patches, which is driving their adoption worldwide. In addition, manufacturers are promoting these products through various marketing channels such as television commercials, print advertisements, and online campaigns.
- Technological advancements: The development of new technologies has led to the introduction of innovative patch designs that offer better comfort and improved efficacy against pain symptoms. For instance, transdermal drug delivery systems (TDDS) have made it possible for drugs to be delivered directly into the bloodstream via a patch without passing through the digestive system first. This helps improve absorption rates and reduces side effects associated with oral medications taken for chronic pain relief purposes .
Scope Of The Report
Report Attributes
Report Details
Report Title
Pain Relieving Patches Market Research Report
By Type
Lidocaine Patches, Diclofenac Patches, Indomethacin Patches, Counter-Irritant Patches, Fentanyl Patches, Other
By Application
Chronic Arthritis, Fall Injuries, Strain Injuries, Neuralgia, Back Pain, Other
By Companies
Salonpas, Bengay, Tianhe Guteng Tiegao, Balego, Tiger Balm, Hisamitsu, Mylan, Johnson & Johnson, Actavis, Lingrui, Teikoku Seiyaku, Sanofi, Novartis, Qizheng, Endo, Huarun 999, GSK, Haw Par, Nichiban, Mentholatum Company, Laboratoires Genevrier, Blue-Emu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Pain Relieving Patches Market Report Segments:
The global Pain Relieving Patches market is segmented on the basis of:
Types
Lidocaine Patches, Diclofenac Patches, Indomethacin Patches, Counter-Irritant Patches, Fentanyl Patches, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chronic Arthritis, Fall Injuries, Strain Injuries, Neuralgia, Back Pain, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Salonpas
- Bengay
- Tianhe Guteng Tiegao
- Balego
- Tiger Balm
- Hisamitsu
- Mylan
- Johnson & Johnson
- Actavis
- Lingrui
- Teikoku Seiyaku
- Sanofi
- Novartis
- Qizheng
- Endo
- Huarun 999
- GSK
- Haw Par
- Nichiban
- Mentholatum Company
- Laboratoires Genevrier
- Blue-Emu
Highlights of The Pain Relieving Patches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lidocaine Patches
- Diclofenac Patches
- Indomethacin Patches
- Counter-Irritant Patches
- Fentanyl Patches
- Other
- By Application:
- Chronic Arthritis
- Fall Injuries
- Strain Injuries
- Neuralgia
- Back Pain
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pain Relieving Patches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pain relieving patches are adhesive bandages that are placed on the skin and provide temporary relief from pain. They come in a variety of shapes and sizes, and can be used to treat a variety of conditions, including headaches, cramps, toothaches, menstrual cramps, arthritis pain, and minor burns.
Some of the key players operating in the pain relieving patches market are Salonpas, Bengay, Tianhe Guteng Tiegao, Balego, Tiger Balm, Hisamitsu, Mylan, Johnson & Johnson, Actavis, Lingrui, Teikoku Seiyaku, Sanofi, Novartis, Qizheng, Endo, Huarun 999, GSK, Haw Par, Nichiban, Mentholatum Company, Laboratoires Genevrier, Blue-Emu.
The pain relieving patches market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pain Relieving Patches Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pain Relieving Patches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pain Relieving Patches Market - Supply Chain
4.5. Global Pain Relieving Patches Market Forecast
4.5.1. Pain Relieving Patches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pain Relieving Patches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pain Relieving Patches Market Absolute $ Opportunity
5. Global Pain Relieving Patches Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pain Relieving Patches Market Size and Volume Forecast by Type
5.3.1. Lidocaine Patches
5.3.2. Diclofenac Patches
5.3.3. Indomethacin Patches
5.3.4. Counter-Irritant Patches
5.3.5. Fentanyl Patches
5.3.6. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pain Relieving Patches Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pain Relieving Patches Market Size and Volume Forecast by Application
6.3.1. Chronic Arthritis
6.3.2. Fall Injuries
6.3.3. Strain Injuries
6.3.4. Neuralgia
6.3.5. Back Pain
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pain Relieving Patches Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pain Relieving Patches Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pain Relieving Patches Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pain Relieving Patches Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pain Relieving Patches Demand Share Forecast, 2019-2026
9. North America Pain Relieving Patches Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pain Relieving Patches Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pain Relieving Patches Market Size and Volume Forecast by Application
9.4.1. Chronic Arthritis
9.4.2. Fall Injuries
9.4.3. Strain Injuries
9.4.4. Neuralgia
9.4.5. Back Pain
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pain Relieving Patches Market Size and Volume Forecast by Type
9.7.1. Lidocaine Patches
9.7.2. Diclofenac Patches
9.7.3. Indomethacin Patches
9.7.4. Counter-Irritant Patches
9.7.5. Fentanyl Patches
9.7.6. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pain Relieving Patches Demand Share Forecast, 2019-2026
10. Latin America Pain Relieving Patches Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pain Relieving Patches Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pain Relieving Patches Market Size and Volume Forecast by Application
10.4.1. Chronic Arthritis
10.4.2. Fall Injuries
10.4.3. Strain Injuries
10.4.4. Neuralgia
10.4.5. Back Pain
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pain Relieving Patches Market Size and Volume Forecast by Type
10.7.1. Lidocaine Patches
10.7.2. Diclofenac Patches
10.7.3. Indomethacin Patches
10.7.4. Counter-Irritant Patches
10.7.5. Fentanyl Patches
10.7.6. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pain Relieving Patches Demand Share Forecast, 2019-2026
11. Europe Pain Relieving Patches Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pain Relieving Patches Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pain Relieving Patches Market Size and Volume Forecast by Application
11.4.1. Chronic Arthritis
11.4.2. Fall Injuries
11.4.3. Strain Injuries
11.4.4. Neuralgia
11.4.5. Back Pain
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pain Relieving Patches Market Size and Volume Forecast by Type
11.7.1. Lidocaine Patches
11.7.2. Diclofenac Patches
11.7.3. Indomethacin Patches
11.7.4. Counter-Irritant Patches
11.7.5. Fentanyl Patches
11.7.6. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pain Relieving Patches Demand Share, 2019-2026
12. Asia Pacific Pain Relieving Patches Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pain Relieving Patches Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pain Relieving Patches Market Size and Volume Forecast by Application
12.4.1. Chronic Arthritis
12.4.2. Fall Injuries
12.4.3. Strain Injuries
12.4.4. Neuralgia
12.4.5. Back Pain
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pain Relieving Patches Market Size and Volume Forecast by Type
12.7.1. Lidocaine Patches
12.7.2. Diclofenac Patches
12.7.3. Indomethacin Patches
12.7.4. Counter-Irritant Patches
12.7.5. Fentanyl Patches
12.7.6. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pain Relieving Patches Demand Share, 2019-2026
13. Middle East & Africa Pain Relieving Patches Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pain Relieving Patches Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pain Relieving Patches Market Size and Volume Forecast by Application
13.4.1. Chronic Arthritis
13.4.2. Fall Injuries
13.4.3. Strain Injuries
13.4.4. Neuralgia
13.4.5. Back Pain
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pain Relieving Patches Market Size and Volume Forecast by Type
13.7.1. Lidocaine Patches
13.7.2. Diclofenac Patches
13.7.3. Indomethacin Patches
13.7.4. Counter-Irritant Patches
13.7.5. Fentanyl Patches
13.7.6. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pain Relieving Patches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pain Relieving Patches Market: Market Share Analysis
14.2. Pain Relieving Patches Distributors and Customers
14.3. Pain Relieving Patches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Salonpas
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bengay
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tianhe Guteng Tiegao
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Balego
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tiger Balm
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hisamitsu
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mylan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Johnson & Johnson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Actavis
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lingrui
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Teikoku Seiyaku
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sanofi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Novartis
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Qizheng
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Endo
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Huarun 999
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. GSK
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Haw Par
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Nichiban
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Mentholatum Company
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
