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Los Angeles, CA -- (SBWIRE) -- 12/12/2018 -- This report studies the global market size of Pain Relief Patches in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Pain Relief Patches in these regions.
This research report categorizes the global Pain Relief Patches market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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.
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 & 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.
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In 2017, the global Pain Relief Patches market size was 4720 million US$ and is forecast to 7980 million US in 2025, growing at a CAGR of 7.8% from 2018. The objectives of this study are to define, segment, and project the size of the Pain Relief Patches market based on company, product type, application and key regions.
The various contributors involved in the value chain of Pain Relief Patches include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Pain Relief Patches include
Johnson & Johnson
Market Size Split by Type
Market Size Split by Application
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