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Non-Opioid Pain Patch Market - Competitive Intelligence of Leading Manufacturers and Distributors of Non-Opioid Pain Patches Helps Understand the Competitive Scenario Globally

02-07-2019 09:23 AM CET | Health & Medicine

Press release from: Allied Market Research

Non-Opioid Pain Patch Market

Non-Opioid Pain Patch Market

There are many people who use opioid drugs as analgesics. According to the statistics of the Office of Drugs and Crime, around 264 to 36 million people around the world have abused opiates in 2012.

The demand for non-opioid therapeutics has increased due to the increased toxicity and serious side effects associated with long-term use of opioid drugs. The way in which non-opioid drugs work is analgesics, antipyretics and anti-inflammatory agents. These drugs reduce the development of pain mediators in the peripheral nervous system by preventing enzyme cyclooxygenase at the site of injury, which blocks prostaglandin production.

As the incidence of pain disorders increases, the demand for different approaches to pain management has increased. In addition, increased costs associated with treatment and increased patient numbers in chronic and acute pain patients are some of the key drivers of market growth. Moreover, the greater the perception of side effects associated with the frequent use of opioids, the greater the need for non-opioid drugs. Due to increased opioid drug abuse, research and development for non-opioid drug development will also increase, accelerating market growth. However, side effects from long-term and excessive use of drugs that are not opioids such as liver or kidney damage can hinder market growth.

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Comprehensive competitive analysis and profiles of major market players such as
• Teikoku Seiyaku Co. Ltd.
• Mylan N.V.
• GlaxoSmithKline plc
• Teh Seng Pharmaceutical Mfg. Co. Ltd.
• Allergan
• Pfizer Inc.
• Hisamitsu Pharmaceutical Co. Inc.
• Acorda Therapeutics
• IBSA Institut Biochimque SA Inc.

The worldwide non-opiate analgesic patch market is categorized by patch type, distribution and region. Depending on the patch type, the market is classified as capsaicin patch, lidocain patch, diclofenac patch, ketoprofen patch, and methyl salicylate patch. Market based distribution channels are classified as hospital pharmacies, online pharmacies, independent pharmacies and pharmacies. Depending on the region, markets were surveyed in North America, Europe, Asia Pacific and LAMEA.

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This report provides an extensive analysis of the current and emerging market trends and dynamics in the global market.
• This report entails a detailed quantitative analysis of the current market and estimations from 2017-2023, which assists in identifying prevailing market opportunities.
• The projections in this report are made by analyzing the current trends and future market potential from 2017 to 2023 in terms of value.
• Competitive intelligence (of leading manufacturers and distributors of non-opioid pain patches) helps understand the competitive scenario globally.
• An in-depth analysis of current research and clinical developments within the market has been provided with key market dynamic factors that help understand the behavior of the market.

Access Full Summery @ https://www.alliedmarketresearch.com/non-opioid-pain-patch-market

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

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