During the projected period of 2021-2027, the “Non-opioid Pain Patches Market” research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Non-opioid Pain Patches market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.
In accordance with the Non-opioid Pain Patches market is set to grow at a CAGR of 4.8% over the forecast period (2021-2027).
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Pain has a deeper impact on the socio-economic system than the combination of cardiovascular diseases, cancer, and diabetes together. The International Agency for Research on Cancer (IARC) predicts that, by 2030, the global burden is expected to increase to 21.7 million new cancer cases and 13 million cancer deaths. Similarly, cardiovascular disease (CVD) is one of the main causes of death among the adult population, globally. Chronic pain initiates in numerous ways, for instance, from trauma which could include an accident or back strain due to heavy lifting among other ways, an underlying disease like pancreatitis, spine disease, arthritis, and autoimmune diseases, or it can occur with fibromyalgia or persistent migraines. As per the, CDC around 43% of the population suffer from pain on some days and around 20% of the population suffer from pain every day or on most days.
Top Key players operating in the global Non-opioid Pain Patches market is:
Pfizer, GlaxoSmithKline, Johnson & Johnson, Novartis AG, Mylan N.V., Teva Pharmaceutical Industries, Hisamitsu Pharmaceutical, TEH SENG Pharmaceutical, Teikoku Seiyaku, IBSA Institut Biochimque SA, Acorda Therapeutics, Allergan PLC, Endo International
Major Non-opioid Pain Patches Market Types covered are:
- Lidocaine Patch
- Diclofenac Patch
- Methyl Salicylate Patch
- Capsaicin Patch
- Ketoprofen Patch
Major Non-opioid Pain Patches Market Applications covered are:
- Hospital Pharmacies
- Independent Pharmacies & Drug Stores
- Online Pharmacies
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North America is Expected to Dominate the Non-opioid Pain Patch Market
North America is expected to retain its dominance in this market. chronic pain is one of the primary factors responsible for the growth of the market. According to the National Institute of Health (NIH), in 2016, around 20% of US adults were suffering from chronic pain and 8% had high impact, which at least limits one major life activity in the patient. In addition, the countries in North America are increasingly facing scrutiny on the opioid crises issue, from the government authorities, which in turn are expected to benefit the rise of non-opioid alternatives. Thus, the rising disease burden is further pushing the need for effective and quick treatment options which is expected to propel the growth of the market, over the forecast period.
Regional Analysis of Global Non-opioid Pain Patches market:
The Non-opioid Pain Patches Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: Non-opioid Pain Patches Market
– Chapter 1: outline of Non-opioid Pain Patches marketplace
– Chapter 2: worldwide market reputation and forecast through areas
– Chapter 3: worldwide marketplace popularity and forecast by using types
– Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
– Chapter 5: marketplace riding issue evaluation
– Chapter 6: market opposition reputation by major producers
– Chapter 7: essential producers Presentation and market data
– Chapter 8: Upstream and Downstream marketplace investigation
– Chapter 9: Fetched and net part investigation
– Chapter 10: advertising reputation research
– Chapter 11: marketplace file end
– Chapter 12: research technique and Reference
Impact of COVID-19 on the Non-opioid Pain Patches Market:
The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.
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