Pain Patch Market Growth Forecast: Exploring Trends and Opportunities for the Next Decade
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How has the pain patch market grown over the years?
The market size for pain patches has significantly expanded in the past few years. The increment is expected from $4.24 billion in 2024 to $4.48 billion in 2025, with a 5.7% compound annual growth rate (CAGR). The historical growth is due to factors such as wider acceptance of non-invasive methods for managing pain, the rising occurrence of road accidents, spikes in chronic diseases, intensified post-operative pain, and a higher frequency of trauma and injuries.
What Is the forecasted market size and growth rate for the pain patch market?
There is an anticipated robust expansion in the pain patch market over the upcoming years. The predictions suggest a growth to a whopping $5.82 billion in 2029, with a compound annual growth rate (CAGR) of 6.8%. The surge during the forecasted period can be tied to the rising usage of opioids for managing pain, escalating demands for focused pain alleviation with negligible systemic side effects, lifestyle modifications, increase in desk-based roles, and growing necessity for a convenient and simple-to-operate effective alternative. During this forecast period, pioneering solutions, integrating superior drug delivery technologies, partnerships among major participants, technological progression, and strategic associations are expected to be the chief trends.
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What are the major factors driving growth in the pain patch market?
The pain patch market is anticipated to expand due to increasing pain disorders. This term refers to any ailment where pain is the primary symptom, which could be the result of psychological stress, inflammatory diseases, or physical trauma. Patches that treat pain do so by administering medication into the bloodstream through the skin via a calibrated, continued distribution of drugs over an extended period. For example, per the Scottish Health Survey 2022 released by the Scottish Government in December 2023, in the year 2022, over a third (38%) of Scottish adults reported sustained pain or discomfort for three months or more. The prevalence was higher among women (43%) than men (33%). Consequently, a surge in pain disorders will act as a catalyst for the growth of the pain patch market.
What key areas define the segmentation of the global pain patch Market?
The pain patch market covered in this report is segmented –
1) By Type: Opioid, Non-Opioid
2) By Route Of Administration: Metered Dose, Microneedle Patches
3) By Therapeutic Use: Pain Relief, Anesthesia, Smoking Cessation, Cough Suppression, Diarrhea Suppression
4) By Distribution Channel: Online Pharmacies, Retail Pharmacies, Hospital Pharmacies
Subsegments:
1) By Opioid: Fentanyl Patches, Buprenorphine Patches, Other Opioid Patches
2) By Non-Opioid: Lidocaine Patches, Capsaicin Patches, Diclofenac Patches, Other Non-Opioid Patches
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What are the top market players propelling the growth of the pain patch industry?
Major companies operating in the pain patch market include CVS Health Corporation, Walgreens Boots Alliance Inc., Pfizer Inc., Bayer AG, Novartis AG, Sanofi S.A., GlaxoSmithKline plc, Rite Aid Corporation, Reckitt Benckiser Group plc, Viatris Inc., Mylan N.V., Sun Pharmaceutical Industries Ltd., Perrigo Company plc, Hikma Pharmaceuticals plc, Endo International plc, Amneal Pharmaceuticals LLC, Grünenthal Group, Allergan plc, Hisamitsu Pharmaceutical Co. Inc., NICHIBAN Co. Ltd., Teikoku Seiyaku Co. Ltd., Haw Par Corporation, Sorrento Therapeutics Inc., Nanjing Joyful Industrial Co. Ltd., NEXGEL Inc.
What are the key trends shaping the future of the pain patch market?
The progression of cutting-edge technology stands as a fundamental trend rising in prominence within the pain patch industry. Key players within the market are engineering novel technologies in an effort to solidify their market standing. An example of this is Hisamitsu Pharmaceutical Co. Inc., a pharmaceutical firm based in Japan, which launched the Salonpas Pain Relieving Flex Patch in June 2022. This contemporary pain alleviation patch comes with 4% lidocaine and a thin, malleable, distinct, and highly adhesive patch technology. The patch material is revolutionary, being imbued with the active lidocaine ingredient, and the sophisticated patch technology provides the highest prescription of lidocaine ensuring sufficient pain alleviation. This pain patch is user-friendly and offers immediate relief from pain.
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What regions are dominating the pain patch market growth?
North America was the largest region in the pain patch market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pain patch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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