Non-Steroidal Anti Inflammatory Pain Patches Market Trends, Business Overview, Industry Growth and Forecast to 2031
The global non-steroidal anti-inflammatory pain patches market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). Non-steroidal anti-inflammatory pain patches are used to relieve severe pain in people. The major factor driving the demand for non-inflammatory pain patches include the increasing prevalence of chronic pain across the globe. As per the Center for Disease Control and Prevention (CDC), in 2019, 20.4% of adults had chronic pain and 7.4% (or 36.4% of adults who had chronic pain) of adults had high impact chronic pain that frequently limited life or work activities in the US. Additionally, as per the same source, chronic pain and high-impact chronic pain increases with age and were highest among adults aged 65 and over in the US in 2019.
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Furthermore, the prevalence of chronic pain was highest among women with 21.7% and non-Hispanic white adults with 23.6% along with those aged 65 and over with 30.8%. Hence, the rising prevalence of chronic pain is driving the demand for non-steroidal anti-inflammatory pain patches owing to their application as a pain reliever which in turn is driving the growth of the market. Furthermore, the market is growing due to new product development. For instance, in January 2021, a Duke-led team of scientists developed a bio-compatible surgical patch that releases non-opioid painkillers. It provides a controlled release of a drug directly to the site of a wound for days and then dissolves away and works by blocking the enzyme COX-2 (cyclooxygenase-2,) that drives pain and inflammation.
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Market Coverage
Segment Covered-
Regions covered-
Competitive Landscape: Pfizer Inc., GlaxoSmithKline plc, and Cadila Healthcare Ltd., among others.
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Non-Steroidal Anti Inflammatory Pain Patches Market Report by Segment
By Disease Indication
By Distribution Channel
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