Non-opioid Analgesic Patch Market Report Reveals the Latest Trends And Growth Opportunities of this Market

The "Non-opioid Analgesic Patch Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Non-opioid Analgesic Patch market is expected to grow annually by 8.6% (CAGR 2024 - 2031).

This entire report is of 168 pages.

Non-opioid Analgesic Patch Introduction and its Market Analysis

The Non-opioid Analgesic Patch market research reports analyze the market conditions surrounding non-opioid analgesic patches, which are used to manage pain without the use of opioids. The target market for these patches includes patients suffering from chronic pain conditions such as arthritis and neuropathy. Major factors driving revenue growth in this market include increasing awareness about the risks of opioid use, rising prevalence of chronic pain conditions, and advancements in patch technology. Companies operating in this market include GlaxoSmithKline Plc, Pfizer, Inc., Teikoku Seiyaku Co., Ltd., Mylan ., Hisamitsu Pharmaceutical Co., Inc., Acorda Therapeutics, Inc, Endo International plc, Allergan, Teh Seng Pharmaceutical Mfg, and IBSA Institut Biochimque SA. The main findings of the report suggest a growing demand for non-opioid analgesic patches and recommend companies to focus on product innovation and market expansion strategies to capitalize on this trend.

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The non-opioid analgesic patch market is experiencing growth due to rising concerns about the opioid epidemic. The market is segmented by type, including Lidocaine Patches, Diclofenac Patches, Methyl Salicylate Patches, Capsaicin Patches, Ketoprofen Patches, and Others. These patches are commonly used in Hospital Pharmacies, Online Pharmacies, Independent Pharmacies, and Drug Stores.

Regulatory and legal factors specific to the market conditions play a crucial role in shaping the industry. The implementation of stringent regulations by health authorities regarding the use of analgesic patches has led to increased safety and efficacy standards. Additionally, the increasing awareness about the potential risks associated with opioid medications has driven the demand for non-opioid alternatives.

Overall, the non-opioid analgesic patch market is expected to witness continued growth as more healthcare professionals and patients seek safer and effective pain management solutions. Businesses operating in this market need to stay updated on regulatory changes and compliance requirements to ensure success in this evolving industry.

Top Featured Companies Dominating the Global Non-opioid Analgesic Patch Market

The non-opioid analgesic patch market is highly competitive with key players such as GlaxoSmithKline Plc, Pfizer, Inc., Teikoku Seiyaku Co., Ltd., Mylan ., Hisamitsu Pharmaceutical Co., Inc, Acorda Therapeutics, Inc, Endo International plc, Allergan, Teh Seng Pharmaceutical Mfg, and IBSA Institut Biochimque SA. These companies develop and market non-opioid analgesic patches for the management of pain.

GlaxoSmithKline and Pfizer are global pharmaceutical companies that offer non-opioid analgesic patches as part of their pain management portfolio. Teikoku Seiyaku Co., Ltd. is a Japanese pharmaceutical company known for its expertise in transdermal drug delivery systems, including non-opioid analgesic patches. Mylan N.V. is a leading generic pharmaceutical company that manufactures non-opioid analgesic patches for pain relief.

Hisamitsu Pharmaceutical Co., Inc is a Japanese company that specializes in topical drug delivery systems and offers a range of non-opioid analgesic patches. Acorda Therapeutics, Inc is a biotechnology company that focuses on developing therapies for neurological disorders, including non-opioid analgesic patches. Endo International plc and Allergan are pharmaceutical companies that also have a presence in the non-opioid analgesic patch market.

Teh Seng Pharmaceutical Mfg and IBSA Institut Biochimque SA are also players in the non-opioid analgesic patch market, offering innovative products for pain management. These companies help grow the market by developing new formulations, expanding their distribution networks, and conducting clinical trials to demonstrate the efficacy and safety of their products.

In terms of sales revenue, GlaxoSmithKline reported $34 billion in revenue in 2020, while Pfizer reported $42 billion. Endo International reported revenues of $2.8 billion in 2020. These figures indicate the significant market size and revenue potential in the non-opioid analgesic patch market.

• GlaxoSmithKline Plc
• Pfizer, Inc.
• Teikoku Seiyaku Co., Ltd.
• Mylan N.V.
• Hisamitsu Pharmaceutical Co.,Inc
• Acorda Therapeutics, Inc
• Endo International plc
• Allergan
• Teh Seng Pharmaceutical Mfg
• IBSA Institut Biochimque SA

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Non-opioid Analgesic Patch Market Analysis, by Type:

• Lidocaine Patches
• Diclofenac Patches
• Methyl Salicylate Patches
• Capsaicin Patches
• Ketoprofen Patches
• Others

Non-opioid analgesic patches like Lidocaine, Diclofenac, Methyl Salicylate, Capsaicin, and Ketoprofen offer varying mechanisms of action to target pain at different points. These patches provide localized relief without the systemic side effects of oral medications, making them a preferred choice for many patients. The diverse range of options in non-opioid analgesic patches caters to different types of pain and individual preferences, boosting the demand for these products in the market. With their effectiveness in managing pain and improving quality of life for patients, these patches are becoming increasingly popular in the pain management landscape.

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Non-opioid Analgesic Patch Market Analysis, by Application:

• Hospital Pharmacies
• Online Pharmacies
• Independent Pharmacies & Drug Stores

Non-opioid analgesic patches are increasingly used in hospital pharmacies, online pharmacies, independent pharmacies, and drug stores to provide localized pain relief without the use of opioids. These patches are applied directly to the skin over the affected area, allowing the medication to be absorbed transdermally and provide targeted pain relief. The fastest growing application segment in terms of revenue is likely online pharmacies, as more consumers turn to the convenience of ordering medications online and having them delivered directly to their homes. This trend is driven by the increasing popularity of telemedicine and e-commerce in the healthcare industry.

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Non-opioid Analgesic Patch Industry Growth Analysis, by Geography:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The non-opioid analgesic patch market is projected to witness significant growth in regions such as North America (NA), Asia-Pacific (APAC), Europe, the United States (USA), and China. Among these regions, North America is expected to dominate the market with a market share percent valuation of around 35%. The market share of the non-opioid analgesic patch market is anticipated to be around 30% in Europe, 25% in the United States, and 10% in both Asia-Pacific and China. The increasing prevalence of chronic pain conditions and the growing demand for non-opioid alternatives are driving the market growth in these regions.

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