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Non-Opioid Pain Patch Market: Dynamics, Growth Factors, Key Players, and Trends Impacting Market Growth
Robust Market Growth Forecasted for Non-Opioid Pain Patch Market, Driven by Increasing Chronic Pain Cases, Innovative Technologies, and Emerging Key PlayersWhat Is The Projected Market Size Of The Global Non-Opioid Pain Patch Market And Its Growth Rate?
• The non-opioid pain patch market has seen strong growth recently. The market is projected to grow from $3.48 billion in 2024 to $3.66 billion in 2025, with a CAGR of 5.1%.
• The market's historic growth has been largely due to an increase in chronic pain cases, preference for non-invasive treatments, enhancements in formulations and ingredients, a rise in sports injuries, and worries about opioid addiction.
• The non-opioid pain patch market is predicted to continue growing in the foreseeable future, expanding to $4.5 billion in 2029 at a CAGR of 5.3%. This growth is credited to an increase in R&D investments, higher healthcare spending, favorable regulatory conditions, enhanced consumer awareness and education, and a growing elderly population.
What Is Driving The Growth In The Non-Opioid Pain Patch Market?
The rising prevalence of chronic pain is a key driver propelling the growth of the non-opioid pain patch market. Chronic pain, severe pain that lasts for an extended period or coexists with another medical condition, is often treated with non-opioid pain patches that provide relief for mild to moderate pain, headaches, muscle aches, arthritis, backaches, and other types of pain. Data from Eurostat, a Luxembourg-based government agency, showed that in 2022, over one-third or 36.1% of individuals in the EU reported having a long-term (chronic) health condition. This rising prevalence of chronic pain is thus driving the non-opioid pain patch market.
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Who Are the Key Players Driving Non-Opioid Pain Patch Market Growth?
Major players in the non-opioid pain patch market include:
• Hisamitsu Pharmaceutical Co., Inc.
• Teikoku Pharma USA, Inc.
• Purdue Pharma L.P.
• Noven Pharmaceuticals, Inc.
• Johnson & Johnson Services, Inc.
• Pfizer Inc.
• Grünenthal GmbH
• Mylan N.V.
• Teva Pharmaceutical Industries Ltd.
• Endo Pharmaceuticals Inc.
• Medtronic plc
• Abbott Laboratories
• Bayer AG
• Iroko Pharmaceuticals, LLC
• Scilex Pharmaceuticals Inc.
• Zosano Pharma Corporation
• Adynxx Inc.
• BioElectronics Corporation
• NeuroMetrix Inc.
• Virpax Pharmaceuticals Inc.
• Eli Lilly and Company
• Novartis AG
• Amgen Inc.
• DURECT Corporation
What Are The Key Trends In The Non-Opioid Pain Patch Market?
• Wireless and smart patch technologies
• Integration of natural ingredients
• Compatibility with wearable technology
• Biodegradable and eco-friendly patches
• A focus on longer-lasting effects
What Are The Segments Of The Global Non-Opioid Pain Patch Market?
• Patch Types: Lidocaine Patches, Diclofenac Patches, Capsaicin Patches, ket*oprofen Patches, Other Patches
• Distribution Channels: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels
• Indications: Musculoskeletal Pain, Neuropathic Pain
Which Region Leads The Non-Opioid Pain Patch Market?
In 2024, North America was the biggest market for the non-opioid pain patch. However, during the forecast period, Asia-Pacific is anticipated to be the fastest-growing region in the non-opioid pain patch market. The report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Non-Opioid Pain Patch Market Global Market Report?
- Market Size Analysis: Analyze the Non-Opioid Pain Patch Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Non-Opioid Pain Patch Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Non-Opioid Pain Patch Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Non-Opioid Pain Patch Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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