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Non-Opioid Pain Patches Market Outlook 2027: Technological Advancement, Business Trends, Industry Insights & Opportunity Evaluation 2019-2027 – Acorda Therapeutics, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc

12-02-2021 05:16 AM CET | Health & Medicine

Press release from: StraitsResearch

Non-Opioid Pain Patches Market

Non-Opioid Pain Patches Market

Non-Opioid Pain Patches Market

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Non-Opioid Pain Patches Market by lays out the market size information and knowledge about the market trends along side factors and parameters influencing it in both short- and long-term. The research provides a comprehensive 360° view and insights, outlining the main outcomes of the industry. These essential insights assist the decision-makers in formulating better business plans and make informed decisions for improved profitability. Moreover, the analysis helps venture capitalists in understanding the businesses with a far better perspective and make aware decisions.

Non-opioid based medication aids in relieving the pain by releasing cyclooxygenase at the site of injury. The enzyme blocks the production of prostaglandins, which is one of the major precursors for pain. Non-opioid medications also have other therapeutic applications, such as analgesic, anti-inflammatory, and antipyretic actions. Globally, the rising prevalence of acute and chronic pain related disorders is subsequently increasing the demand for non-opioid pain patches. It segregates useful and relevant market information as per the business needs of players. Readers are provided with validated and revalidated market forecast figures such as CAGR, Heavy Load Moving Skates market revenue, production, consumption, and market share. Our accurate market data equips players to plan powerful strategies ahead of time. The Non-Opioid Pain Patches report offers a deep geographical analysis where key regional and country-level markets are brought to light. The vendor landscape is also analyzed in-depth to reveal current and future market challenges and Non-Opioid Pain Patches business tactics adopted by leading companies to tackle them.

Acorda Therapeutics acquired of two products from NeurogesX, Inc.—named Qutenza and NP-1998—to strengthen its neuropathic pain management product portfolio. Similarly, Richmar, Inc developed a Lidoflex pain relief patch that is distributed in the market by two companies of the Scrip Companies group.  Moreover, some of the non-opioid pain patches available in the market include capsaicin patches, methyl salicylate patches, diclofenac patches, and lidocaine patches. The lidocaine patches hold major market share on account of its proven efficacy and safety profile. It is also recommended as first-line therapy in cases of neuropathic pain in geriatrics and patients suffering from shingles.

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The Major Prominent Players Covered in this Report:
Acorda Therapeutics, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc, Endo Pharmaceuticals, Inc., Hisamitsu Pharmaceutical Co., IBSA Institute Biochimque , Teikoku Seiyaku Co. Ltd., Mylan N.V., Allergan, Co., and Teh Seng Pharmaceutical Mfg. The players are engaging in several mergers, collaborations, and acquisitions to develop innovative products that facilitate effective and prolong drug release to increase the customer base. For instance, In July 2013, Acorda Therapeutics acquired two items from NeurogesX, Inc. to strengthen its neuropathic pain management product portfolio. Similarly, in October 2014, Richmar, Inc. declared the distribution of the LidoFlex Pain Relief Patch by two organizations of the Scrip Companies group. & More.

By Patch Type
Lidocaine Patches
Diclofenac Patches
Methyl Salicylate Patches
Capsaicin Patches
proven Patches
Others

By Distribution Channel
Hospitals
Online Pharmacies
Drug Stores
Others

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2027, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

View this report with a detailed description and TOC @ https://straitsresearch.com/report/non-opioid-pain-patches-market/toc

Key Non-Opioid Pain Patches Market Trends:
- The report identifies, determines, and forecasts the Global Non-Opioid Pain Patches Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Non-Opioid Pain Patches Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Non-Opioid Pain Patches Market.

Key Questions Answered in The Report:
What will the Non-Opioid Pain Patches market growth rate?
What are the key factors driving the global Non-Opioid Pain Patches market?
Who are the key manufacturers in the Non-Opioid Pain Patches market space?
What are the market opportunities, market risk, and market overview of the Non-Opioid Pain Patches market?
What are sales, revenue, and price analysis of top manufacturers of the Non-Opioid Pain Patches market?
Who are the distributors, traders, and dealers of the Non-Opioid Pain Patches market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Non-Opioid Pain Patches Industry?
What are sales, revenue, and price analysis by regions of Non-Opioid Pain Patches industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Browse Full Report @ 
https://straitsresearch.com/report/non-opioid-pain-patches-market/

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Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665
Website: https://straitsresearch.com/

About Us:
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