The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Non-Opioid Pain Patch Global Market Report 2023, the non-opioid pain patch market is expected to show significant growth in the forecast period.

Key insights from the non-opioid pain patch market forecast include:

1. Market Size
   The worldwide non-opioid pain patch market is forecasted to increase from $3.16 billion in 2022 to $3.34 billion in 2023, with a 5.9% CAGR. By 2027, the market is projected to attain $4.03 billion, growing at a 4.8% CAGR.
2. Major Driver
   Increasing chronic pain cases are expected to drive the non-opioid pain patch market’s growth. Chronic pain, lasting an extended period or accompanying other medical conditions, is alleviated by non-opioid pain patches, treating various pain types such as headaches, muscle aches, and arthritis. For example, from 2019 to 2021, the CDC reported a prevalence of chronic pain in US adults ranging from 20.5% to 21.8%, with high-impact chronic pain ranging from 6.9% to 7.8%. In 2021, around 51.6 million (20.9%) American adults had chronic pain, while 17.1 million (6.9%) had high-impact chronic pain, thus boosting the non-opioid pain patch market.

View More On The Non-Opioid Pain Patch Market Report 2023 – https://www.thebusinessresearchcompany.com/report/non-opioid-pain-patch-global-market-report

3. Key Trend
   Innovation in products is a prominent trend in the non-opioid pain patch market. Leading companies in the non-opioid pain patches market focus on developing innovative products to enhance their market position. For instance, in June 2022, The Mentholatum Company Inc., a UK-based healthcare products manufacturer, introduced the Deep Relief Actiflex Patch, a drug-free pain patch. This patch, containing a cooling hydrogel with water, delivers rapid cooling and soothing relief as it evaporates on the skin, effectively treating muscle and joint aches and pains.
4. Largest Region
   North America was the largest region in the non-opioid pain patch market in 2022.
5. Major Players
   Major players in the non-opioid pain patch market are Hisamitsu Pharmaceutical Co. Inc., Pfizer Inc., Novartis AG, Sanofi S.A., GlaxoSmithKline plc, Medtronic plc, Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Aurobindo Pharma Limited, Purdue Pharma L.P., Kyowa Kirin Co. Ltd., Boehringer Ingelheim Pharmaceuticals Inc., Dr. Reddy’s Laboratories Ltd., Apotex Inc., Endo Pharmaceuticals plc, Lupin Limited, Amneal Pharmaceuticals LLC, Daiichi Sankyo Company Limited, Glenmark Pharmaceuticals Private Limited, Mallinckrodt Pharmaceuticals LLC, IBSA Institut Biochimque SA, Teikoku Seiyaku ., Acorda Therapeutics Inc., Sorrento Therapeutics Inc., Veridian Healthcare LLC, Clarion Brands LLC, and Averitas Pharma Inc.

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Key Non-Opioid Pain Patch Market Segments
The global non-opioid pain patch market is segmented –
1) By Patch: Lidocaine Patches, Diclofenac Patches, Capsaicin Patches, Ketoprofen Patches, Other Patches
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels
3) By Indication: Musculoskeletal Pain, Neuropathic Pain

The Non-Opioid Pain Patch Global Market Report 2023  provides an in-depth analysis on the non-opioid pain patch market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the non-opioid pain patch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Pain Management Devices And Therapies Global Market Report 2023
Paint Rollers Global Market Report 2023
Pain Management Drugs Global Market Report 2023

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