Pain Relief Patches Market Analysis By Status, Growth And Demand 2020 to 2026
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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
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Top Leading Companies are:
Icy Hot, Balego and Associates, Mentholatum Company, Nichiban, Salonpas, Tiger Balm, Walgreens, Lidocare, BenGay, Tianhe Medical
Pain Relief Patches Market by Type:
Pain Relief Patches Market by Application:
February 26, 2008 - Salonpas pain relief patch approved
Hisamitsu has received FDA approval for Salonpas Pain Relief Patch (methyl salicylate and l-menthol) for the temporary relief of mild-to-moderate aches and pains of muscles and joints associated with arthritis, sprains, bruises and simple backache. Salonpas patches will be marketed over-the-counter (OTC) under the names Salonpas Pain Relief Patch and Salonpas Arthritis Pain
Global Pain Relief Patches Market, by Region:
North America, Global, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America
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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 and 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.
The worldwide market for Pain Relief Patches is expected to grow at a CAGR of roughly 7.7% over the next five years, will reach 6840 million USD in 2024, from 4720 million USD in 2019, according to a new study.
This report focuses on the Pain Relief Patches in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Transdermal drug delivery is one of the oldest methods that have been used by physicians to alleviate patients medical condition. Patches are recent inventions of pharmaceutical companies for those patient populations who can’t be administered with conventional drugs. They are applied over the skin from which drug is released in controlled manner followed by entry into the body. Topical drugs are also applied on skin but their effect is local