Pain Patches Market size is expected to reach USD 8.13 Billion by the end of 2036, growing at a CAGR of 4.3% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of pain patches was USD 4.9 Billion. An upsurge in pain disorders, the accessibility of better healthcare infrastructure, a spike in unmet healthcare needs, the increase in instances of chronic diseases, and the surge in demand for less side effect-prone pain medications are the main factors driving the growth of the market. Furthermore, the growing trend of personalization in pain management is fueling the need for efficient pain patches and expanding the market.
Furthermore, it is anticipated that the market will grow as a result of a rise in the frequency of trauma injuries from sports and the workplace, including sprains & strains, fractures, tendinitis, and back injuries. Furthermore, an increase in the frequency of adult occurrences of low back pain is driving the market's expansion.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
~ 4.3% |
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Base Year Market Size (2023) |
~ USD 4.9 Billion |
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Forecast Year Market Size (2036) |
~ USD 8.13 Billion |
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Regional Scope |
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Product Type (Non-Opioid Patches, Opioid Patches)
Pain Patches Market in the Non-Opioid Patches segment is anticipated to hold the largest share of 53% during the forecast period. This can be attributed to the increasing demand for opioid substitutes that not only efficiently treat pain but also do so without the risks. Non-opioids are used to provide long-term, efficient medication administration while also easing discomfort. They also avoid the first-pass metabolism and prevent users from becoming addicted to drugs, making them more efficient at delivering pharmaceuticals. Therefore, the market is anticipated to increase as a result of the product's capacity to relieve pain without having the negative effects associated with opioids and other variables.
Type (Prescription Medicine, OTC Medicine)
Prescription Medicine segment of the Pain Patches market is expected to hold a share of 60% by the end of 2036. This is because individuals with a broad spectrum of medical conditions may be prescribed pain patches by medical practitioners. They are also commonly used to treat a variety of different types of pain, including knee discomfort, nerve pain, and back pain. Due to its authorization by medical professionals, its use in treating pain from a variety of conditions with little to no negative effects on the patient will accelerate the segment's growth.
Our in-depth analysis of the global market includes the following segments:
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Product Type |
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Type |
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Distribution Channel |
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North American Market Forecast
Pain Patches market in the North American region is poised to account for the largest share of 32% during the foreseen period. As per the Centers for Disease Control and Prevention; in 2015, approximately 213 million Americans aged 6 or more participated in sports & fitness activities. With the rising number of people participating in sport-related activities, a significant number of people deal with injuries and thus require pain relief treatment. Pain patches are being considered as the most preferred option for the same. Owing to this, in the North American region, the market is anticipated to witness substantial growth during the forecast period.
APAC Market Statistics
Asia Pacific Pain Patches Market is anticipated to hold the second-largest share of 25% during the forecast period. In the WHO South-East Asia Region, the population is aging faster. In 2017, there were 9.8% of persons who were 60 years of age or older; by 2030 and 2050, that number will rise to 13.7% and 20.3%, respectively. Because of rising life expectancy and falling fertility rates, China's elderly population is expected to reach 28% of the total population by 2040. Elderly people are more at risk of various diseases and thus often have conditions that result in chronic pain. As a result of this, the demand for products like pain patches is higher among elderly people. In light of this, the market is estimated to witness significant growth in the APAC region.
Author Credits: Radhika Gupta, Shivam Bhutani
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