The Latin America, Middle East and Africa Pain Patch Market would witness market growth of 6.9% CAGR during the forecast period (2023-2029).
The market for pain patches is expected to grow profitably as more people turn to pain patches to deal with the discomfort brought on by a variety of medical ailments. In addition, the pain patch market is booming as a result of the rising incidence of chronic illnesses and the growing elderly population. Also, the expansion of government programs to improve healthcare facilities, concentrate on research, and increase financing for research support market growth.
Aged people are more vulnerable to chronic pain-producing conditions such as joint problems, neuropathic pain, and others. As the number of aged people is growing, the market is also anticipated to grow significantly. In addition, a rise in the frequency of work- and sports-related trauma injuries, such as sprains, strains, fractures, tendinitis, and back injuries, is anticipated to spur market expansion. There is an increase in the occurrence of low back pain cases in adults, which further fuels market expansion.
Israel's population is aging more quickly than average. The number of persons 65 and older has increased 18-fold since 1950. The overall population of Israel is projected to reach 12.1 million by 2035, with seniors making up about 14% of that total population or 1.9 million people. Ages 65 and older made up just 4% of the population in 1948, the year the State of Israel was founded. Throughout the years, this population has grown steadily. Given an increasing life expectancy, it has climbed by 1% annually since 1995 and is predicted to continue to rise. The demand for pain patches is expected to surge with the growing number of older age population in the region.
The Brazil market dominated the LAMEA Pain Patch Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $135.6 million by 2029. The Argentina market is exhibiting a CAGR of 7.4% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 6.6% during (2023 - 2029).
Based on Distribution Channel, the market is segmented into Drug Stores & Retail Pharmacies, Hospital Pharmacies and Online Providers. Based on Type, the market is segmented into Prescription Medicines and OTC Medicines. Based on Product Type, the market is segmented into Non-Opioid Patches and Opioid Patches. Based on Non-Opioid Patches Type, the market is segmented into Nonsteroidal Anti-Inflammatory Drugs, Methyl Salicylate, Lidocaine and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Pain Patch Market is Projected to reach USD 6.4 Billion by 2029, at a CAGR of 4.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NEXGEL, Inc. Viatris, Inc. Johnson & Johnson. Teva Pharmaceutical Industries Ltd. Grunenthal GmbH. Sorrento Therapeutics, Inc. Hisamitsu Pharmaceutical Co. Inc. Endo International PLC. Purdue Pharma L.P. Amneal Pharmaceuticals, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Drug Stores & Retail Pharmacies
- Hospital Pharmacies
- Online Providers
By Type
- Prescription Medicines
- OTC Medicines
By Product Type
- Non-Opioid Patches
- Nonsteroidal Anti-Inflammatory Drugs
- Methyl Salicylate
- Lidocaine
- Others
- Opioid Patches
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- NEXGEL, Inc.
- Viatris, Inc.
- Johnson & Johnson
- Teva Pharmaceutical Industries Ltd.
- Grunenthal GmbH
- Sorrento Therapeutics, Inc.
- Hisamitsu Pharmaceutical Co. Inc.
- Endo International PLC
- Purdue Pharma L.P.
- Amneal Pharmaceuticals, Inc.
TABLE 1 LAMEA Pain Patch Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Pain Patch Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Pain Patch Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 4 LAMEA Pain Patch Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 5 LAMEA Drug Stores & Retail Pharmacies Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Drug Stores & Retail Pharmacies Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Hospital Pharmacies Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Hospital Pharmacies Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Online Providers Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Online Providers Market by Country, 2023 - 2029, USD Million
TABLE 11 LAMEA Pain Patch Market by Type, 2019 - 2022, USD Million
TABLE 12 LAMEA Pain Patch Market by Type, 2023 - 2029, USD Million
TABLE 13 LAMEA Prescription Medicines Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Prescription Medicines Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA OTC Medicines Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA OTC Medicines Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Pain Patch Market by Product Type, 2019 - 2022, USD Million
TABLE 18 LAMEA Pain Patch Market by Product Type, 2023 - 2029, USD Million
TABLE 19 LAMEA Non-Opioid Patches Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Non-Opioid Patches Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA Pain Patch Market by Non-Opioid Patches Type, 2019 - 2022, USD Million
TABLE 22 LAMEA Pain Patch Market by Non-Opioid Patches Type, 2023 - 2029, USD Million
TABLE 23 LAMEA Nonsteroidal Anti-Inflammatory Drugs Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Nonsteroidal Anti-Inflammatory Drugs Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Methyl Salicylate Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Methyl Salicylate Market by Country, 2023 - 2029, USD Million
TABLE 27 LAMEA Lidocaine Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Lidocaine Market by Country, 2023 - 2029, USD Million
TABLE 29 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 31 LAMEA Opioid Patches Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Opioid Patches Market by Country, 2023 - 2029, USD Million
TABLE 33 LAMEA Pain Patch Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Pain Patch Market by Country, 2023 - 2029, USD Million
TABLE 35 Brazil Pain Patch Market, 2019 - 2022, USD Million
TABLE 36 Brazil Pain Patch Market, 2023 - 2029, USD Million
TABLE 37 Brazil Pain Patch Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 38 Brazil Pain Patch Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 39 Brazil Pain Patch Market by Type, 2019 - 2022, USD Million
TABLE 40 Brazil Pain Patch Market by Type, 2023 - 2029, USD Million
TABLE 41 Brazil Pain Patch Market by Product Type, 2019 - 2022, USD Million
TABLE 42 Brazil Pain Patch Market by Product Type, 2023 - 2029, USD Million
TABLE 43 Brazil Pain Patch Market by Non-Opioid Patches Type, 2019 - 2022, USD Million
TABLE 44 Brazil Pain Patch Market by Non-Opioid Patches Type, 2023 - 2029, USD Million
TABLE 45 Argentina Pain Patch Market, 2019 - 2022, USD Million
TABLE 46 Argentina Pain Patch Market, 2023 - 2029, USD Million
TABLE 47 Argentina Pain Patch Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 48 Argentina Pain Patch Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 49 Argentina Pain Patch Market by Type, 2019 - 2022, USD Million
TABLE 50 Argentina Pain Patch Market by Type, 2023 - 2029, USD Million
TABLE 51 Argentina Pain Patch Market by Product Type, 2019 - 2022, USD Million
TABLE 52 Argentina Pain Patch Market by Product Type, 2023 - 2029, USD Million
TABLE 53 Argentina Pain Patch Market by Non-Opioid Patches Type, 2019 - 2022, USD Million
TABLE 54 Argentina Pain Patch Market by Non-Opioid Patches Type, 2023 - 2029, USD Million
TABLE 55 UAE Pain Patch Market, 2019 - 2022, USD Million
TABLE 56 UAE Pain Patch Market, 2023 - 2029, USD Million
TABLE 57 UAE Pain Patch Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 58 UAE Pain Patch Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 59 UAE Pain Patch Market by Type, 2019 - 2022, USD Million
TABLE 60 UAE Pain Patch Market by Type, 2023 - 2029, USD Million
TABLE 61 UAE Pain Patch Market by Product Type, 2019 - 2022, USD Million
TABLE 62 UAE Pain Patch Market by Product Type, 2023 - 2029, USD Million
TABLE 63 UAE Pain Patch Market by Non-Opioid Patches Type, 2019 - 2022, USD Million
TABLE 64 UAE Pain Patch Market by Non-Opioid Patches Type, 2023 - 2029, USD Million
TABLE 65 Saudi Arabia Pain Patch Market, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Pain Patch Market, 2023 - 2029, USD Million
TABLE 67 Saudi Arabia Pain Patch Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 68 Saudi Arabia Pain Patch Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 69 Saudi Arabia Pain Patch Market by Type, 2019 - 2022, USD Million
TABLE 70 Saudi Arabia Pain Patch Market by Type, 2023 - 2029, USD Million
TABLE 71 Saudi Arabia Pain Patch Market by Product Type, 2019 - 2022, USD Million
TABLE 72 Saudi Arabia Pain Patch Market by Product Type, 2023 - 2029, USD Million
TABLE 73 Saudi Arabia Pain Patch Market by Non-Opioid Patches Type, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia Pain Patch Market by Non-Opioid Patches Type, 2023 - 2029, USD Million
TABLE 75 South Africa Pain Patch Market, 2019 - 2022, USD Million
TABLE 76 South Africa Pain Patch Market, 2023 - 2029, USD Million
TABLE 77 South Africa Pain Patch Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 78 South Africa Pain Patch Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 79 South Africa Pain Patch Market by Type, 2019 - 2022, USD Million
TABLE 80 South Africa Pain Patch Market by Type, 2023 - 2029, USD Million
TABLE 81 South Africa Pain Patch Market by Product Type, 2019 - 2022, USD Million
TABLE 82 South Africa Pain Patch Market by Product Type, 2023 - 2029, USD Million
TABLE 83 South Africa Pain Patch Market by Non-Opioid Patches Type, 2019 - 2022, USD Million
TABLE 84 South Africa Pain Patch Market by Non-Opioid Patches Type, 2023 - 2029, USD Million
TABLE 85 Nigeria Pain Patch Market, 2019 - 2022, USD Million
TABLE 86 Nigeria Pain Patch Market, 2023 - 2029, USD Million
TABLE 87 Nigeria Pain Patch Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 88 Nigeria Pain Patch Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 89 Nigeria Pain Patch Market by Type, 2019 - 2022, USD Million
TABLE 90 Nigeria Pain Patch Market by Type, 2023 - 2029, USD Million
TABLE 91 Nigeria Pain Patch Market by Product Type, 2019 - 2022, USD Million
TABLE 92 Nigeria Pain Patch Market by Product Type, 2023 - 2029, USD Million
TABLE 93 Nigeria Pain Patch Market by Non-Opioid Patches Type, 2019 - 2022, USD Million
TABLE 94 Nigeria Pain Patch Market by Non-Opioid Patches Type, 2023 - 2029, USD Million
TABLE 95 Rest of LAMEA Pain Patch Market, 2019 - 2022, USD Million
TABLE 96 Rest of LAMEA Pain Patch Market, 2023 - 2029, USD Million
TABLE 97 Rest of LAMEA Pain Patch Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 98 Rest of LAMEA Pain Patch Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 99 Rest of LAMEA Pain Patch Market by Type, 2019 - 2022, USD Million
TABLE 100 Rest of LAMEA Pain Patch Market by Type, 2023 - 2029, USD Million
TABLE 101 Rest of LAMEA Pain Patch Market by Product Type, 2019 - 2022, USD Million
TABLE 102 Rest of LAMEA Pain Patch Market by Product Type, 2023 - 2029, USD Million
TABLE 103 Rest of LAMEA Pain Patch Market by Non-Opioid Patches Type, 2019 - 2022, USD Million
TABLE 104 Rest of LAMEA Pain Patch Market by Non-Opioid Patches Type, 2023 - 2029, USD Million
TABLE 105 Key Information – NEXGEL, Inc.
TABLE 106 key information – Viatris, Inc.
TABLE 107 Key information –Johnson & Johnson
TABLE 108 Key Information – Teva Pharmaceuticals Industries Ltd.
TABLE 109 Key Information – Grünenthal GmbH
TABLE 110 Key Information – Sorrento Therapeutics, Inc.
TABLE 111 Key Information – Hisamitsu Pharmaceutical Co. Inc.
TABLE 112 Key Information – Endo International PLC
TABLE 113 Key Information – Purdue Pharma L.P.
TABLE 114 Key Information – Amneal Pharmaceuticals, INc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT analysis: Johnson & Johnson