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.
The report offers detailed coverage of Pain Relief Patches industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Pain Relief Patches by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Pain Relief Patches market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Pain Relief Patches market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Hisamitsu
Mylan
Johnson & Johnson
Actavis
Lingrui
Teikoku Seiyaku
Sanofi
Novartis
Qizheng
Endo
Huarun 999
GSK
Haw Par
Nichiban
Mentholatum Company
Laboratoires Genevrier
BLUE-EMU
At the same time, we classify Pain Relief Patches according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Lidocaine Patches
Diclofenac Patches
Indomethacin Patches
Counter-Irritant Patches
Fentanyl Patches
Other
Market by Application
OTC
Rx
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Pain Relief Patches market for the forecast period 2021 - 2025?
• What are the driving forces in the Pain Relief Patches market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Pain Relief Patches industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?