Medicated Pain Relieving Plasters Market - Forecast(2024 - 2030)

Medicated Pain Relieving Plasters Market Overview

The Medicated Pain Relieving Plasters Market size is estimated to reach $7,681 million by 2027. Furthermore, it is poised to grow at a CAGR of 5.9% over the forecast period of 2022-2027. Medicated pain relieving plasters are cloth pieces that contain medication as well as adhesive layers. These plasters have an adhesive coating that can provide brief relief from significant or mild joint and muscle aches and pains. Back pain, arthritis, muscle aches, osteoporosis, stain, bruises, and other conditions can all be treated with medicated pain relieving plasters. Oral analgesics patches also offer both convenience and consistent drug administration. Major varieties of medicated pain-reducing plasters include capsaicin, menthol, camphor, methyl salicylate, buprenorphine, fentanyl citrate, and ketoprofen. These plasters carry medication to the body's underlying tissue effectively and swiftly through the skin. Medicated plasters are a local anesthetic producing a local, non-systemic analgesic effect. It is licensed for the symptomatic relief of neuropathic pain associated with previous herpes zoster infection (post-herpetic neuralgia (PHN)). These plasters had a fabric backing and were coated with crinoline (a thin fabric) that was torn away to reveal an adhesive surface that allowed the plaster to attach to the skin directly. Belladonna, mustard seed (which supplied heat to wounded areas), capsicum (the primary element in hot peppers, which was believed to treat muscle pain), zinc oxide, quinine, opium, and other chemicals were employed in popular plasters. The majority of plasters were made to ease minor aches and pains or to offer heat to an injured area, similar to how heating pads are used now.

The rising prevalence of arthritis among people with the application of oral analgesics for the treatment of Rheumatoid Arthritis is fuelling the growth of the Medicated Pain Relieving Plasters Market. The surging number of accidents among sportspeople is further driving the Medicated Pain Relieving Plasters Market during the forecast period of 2022-2027. This represents the Medicated Pain Relieving Plasters Industry Outlook.

Medicated Pain Relieving Plasters Market Report Coverage

The report: “Medicated Pain Relieving Plasters Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Medicated Pain Relieving Plasters Market.

Key Takeaways

• Geographically, North America (Medicated Pain Relieving Plasters Market) held a dominant market share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the increasing number of people suffering from muscle pain that gives rise to the demand for medicated plasters and the rising number of pharmacies in the U.S. boosting the availability of medicated plasters which in turn increases the adoption of medicated plasters among people. 
• Medicated Pain Relieving Plasters Market growth is being driven by the rising prevalence of arthritis among people and the surging number of accidents among sportspeople. However, the rising side effects of medicated plasters including skin conditions at or around the site of plaster application, like redness, rash, itching, burning, dermatitis, and small blisters are some of the factors hampering the growth of Medicated Pain Relieving Plasters Market.
• Medicated Pain Relieving Plasters Market Detailed Analysis of the Strength, Weaknesses and Opportunities of the prominent players operating in the market will be provided in the Medicated Pain Relieving Plasters Market report.

The Medicated Pain Relieving Plasters market based on type can be further segmented into Fabric, Wash proof, Blue Plasters, and Others. The Fabric Segment held the largest market share in 2021. Fabric plasters are suitable to cover and protect smaller wounds and are lightweight. These lightweight plasters are breathable, flexible, and stick for a long time. These advantages of Fabric plasters are fueling the growth of this segment. Fabric plasters are available in a wide range of shapes and sizes for different types of minor wounds. This type of plaster is mostly suitable for fingertips and knuckles. This is basically used for covering all types of smaller wounds. The surging applications of fabric plasters are further propelling the growth of the Medicated Pain Relieving Plasters Market.

Furthermore, Wash proof is estimated to be the fastest-growing, with a CAGR of 6.1% over the forecast period of 2022-2027. The waterproof plasters are suitable for covering larger wounds and are especially suitable for covering wounds after surgery. The waterproof plaster is flexible and breathable, which means it offers greater comfort and prevents water from getting trapped around the wound. These plasters have a strong adhesive that offers a high level of protection, making them ideal for washing, showering, bathing, and swimming. These kinds of surging benefits of Wash proof plasters are further fuelling the growth of the Wash proof segment during the forecast period 2022-2027.

Medicated Pain Relieving Plasters Market Segmentation Analysis - By Distribution Channel

The Medicated Pain Relieving Plasters Market based on the distribution channel can be further segmented into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies. Hospital pharmacies held the largest market share in 2021. In hospital pharmacies, all types of medicated plasters are available which helps patients to get different kinds of products without visiting another place. Furthermore, in hospital pharmacies, all products are authenticated which increases the trust among patients. These advantages of hospital pharmacies are fuelling the growth of this segment.

Furthermore, Online Pharmacies are estimated to be the fastest-growing, with a CAGR of 6.7% over the forecast period of 2022-2027. Recently, people are preferring to buy products online as they do not have enough time to visit shops owing to their busy schedules. The rising number of online pharmacies in conjunction with faster delivery options and heightened globalization online helps consumers to get all kinds of products online which in turn soars the adoption of medicated plasters online. The soaring benefits of online pharmacies are propelling the growth of the Online Pharmacies segment. 

Medicated Pain Relieving Plasters Market Segmentation Analysis - By Geography

The Medicated Pain Relieving Plasters Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America (Medicated Pain Relieving Plasters Market) held the largest share with 44% of the overall market in 2021. The demand for medicated plasters is growing owing to an increase in the number of persons suffering from muscle pain. Furthermore, as the number of pharmacies in the United States grows, so does the availability of medicated plasters, which leads to an increase in the use of medicated plasters by people. According to the National Council for Prescription Drug Programs (NCPDP), the total number of pharmacies in the United States would expand by 12% in 2020, further increasing the demand for medicated plasters. Furthermore, as the popularity of joining gyms grows, some people are unable to handle the weight, resulting in muscle soreness. The demand for medicated plasters is increasing as a result of these factors. Also, owing to its high demand, manufacturers focus on increasing the production of medicated plasters as the rate of back pain increases day by day which in turn accelerates the demand for medicated plasters thereby propelling the growth of the Medicated Pain Relieving Plasters Market.

Medicated Pain Relieving Plasters Market Drivers

The Rising Prevalence Of Arthritis Among People Soars The Demand For Medicated Plasters That Have Readily Aided the Market Growth

According to the Center for Disease Control and Prevention, more than 59.4 million people suffered from arthritis in 2020. People are suffering from arthritis owing to changing lifestyles and diets. Nowadays, arthritis is a leading cause of disability all over the world. The changing lifestyle patterns wherein people do not have time to walk and the decrease in the amount of physical activity are further contributing to the increasing predominance of arthritis. Women are mostly affected owing to various factors, including decreasing physical activity and less muscle mass. The joint is the most common part damaged by arthritis. Knees are weight-bearing joints that are primarily controlled by the quadriceps muscles at the front of the thighs. Inactivity and long periods of sitting cause these muscles to deteriorate quickly. Arthritis prevalence increased with age, Weight, physical inactivity, and decreasing physical and mental health, according to recent studies. Adults who were unable to work, incapacitated, or had fair or poor self-rated health had the highest rates of arthritis. Medicated plasters are very helpful for arthritis patients as it contains an adhesive coating that can provide brief relief from significant or mild joint and muscle aches and pains. Arthritis patients mostly prefer to use medicated plaster as it is one of the most fast relieving pain therapy which attracts consumers to use more medicated plasters. The rising demand for medicated plasters resulting in the surging production of medicated plasters and heightened availability in the healthcare sector owing to the increasing predominance of arthritis are further propelling the growth of the Medicated Pain Relieving Plasters Market.

The Increasing Number Of Sports Injuries Is Propelling The Growth Of The Medicated Pain Relieving Plasters Market.

According to the National Safety Council (NSC), about 3.8 million sports injuries occurred in 2020. Sports injuries mostly occur during sports or exercise. Some sports injuries are caused owing by accidents and some are owing to inadequate training habits, unsuitable equipment, a lack of conditioning, or insufficient warm-up and stretching. Nowadays, many athletes want to specialize in different sports which therefore needs more power and muscle activity. This factor is more likely to lead to a muscular imbalance and thus cause injury. Sports injuries have long been considered a global health problem requiring a public health approach to reduce their impact. It is important to manage sports injuries correctly to ensure a quick recovery and prevent further pain & injury. During the pandemic, most athletes are undertaking individual training within their own four walls to stay fit. In addition to physical fitness, such sporting activities require training which increases the injury among sportspeople. Each sport or exercise has associated correct techniques. It is important to learn correct movement and body alignment, and to come to understand how the bones and muscles are working to support the activity but sometimes owing to improper training, injury cases increase. The increased count of sports injures is therefore propelling the growth of the Medicated Pain Relieving Plasters Market.

Medicated Pain Relieving Plasters Market Challenges

The Rising Side Effects Of Medicated Plasters Are Hampering The Growth Of The Medicated Pain Relieving Plasters Market.

According to the American Academy of Dermatology, about 20% of people are suffering from skin diseases owing to rising uses of medicated plasters. Medicated plasters cause slight burning, skin redness, and peeling. Owing to increasing skin problems from medicated plasters many people have started to avoid using medicated plasters. The plasters should not be applied to inflamed or broken skin, infected with dermatitis, open wounds, or active shingles rash. Medicated plasters contain an active ingredient such as propylene glycol that is harmful, Owing to such factors, people are avoiding using medicated plasters. Rashes are a common occurrence that can be caused by a variety of factors. The majority of rashes are not harmful. However, they are annoyances. Many pharmacies are selling medicated products whose expiry date is crossed which also causes skin issues. Also, sometimes there is a serious risk of skin damage among patients which further reduces the adoption of medicated plasters products. These issues are hampering the growth of medicated plasters.

Medicated Pain Relieving Plasters Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Medicated Pain Relieving Plasters Market. The Medicated Pain Relieving Plasters top 10 companies are:

1. Zhejiang Dingtai Pharmaceutical Co., Ltd.
2. Hisamitsu America, Inc.
3. DSE Healthcare Solution LLC
4. Zhejiang Bangli Medical Products Co., Ltd.
5. Anhui Dejitang Pharmaceutical Co., Ltd.
6. Medtronic
7. Danaher Corporation
8. 3M
9. BEIERSDORF AG
10. Urgo Medical
11. Dynarex Corporation

• In September 2021, Vizuri Health Sciences Consumer Healthcare, Inc. partnered with Bethnay Hamilton to launch PainBloc Pain Relief Patch. PainBloc24 ProWomen for Women's Discomforts is an innovative, efficacious pain relief patch formulated with natural menthol and other ingredients from nature, including calming lavender oil, lemon balm, chaste tree berry, magnesium, and more. The comforting and pain-relieving constituents are conveyed through a pain relief patch prepared particularly for women.
• In June 2021, Danaher Corporation acquired Aldevron. Danaher plans to fund the transaction with cash on hand and/or proceeds from the commercial paper issue. Aldevron has made significant contributions to developing innovative medicines and vaccines based on cells, genes, and other technologies.
• In March 2019, Performance Health expanded its product portfolio with the launch of the Biofreeze Pain Relief Patch. The brand's first-ever adhesive patch provides targeted mess-free application of the unique, clinically-recommended formula that penetrates quickly to provide up to eight hours of cold therapy pain relief for sore muscles, backaches, joint pain, arthritis, and more. The brand's earliest-ever adhesive patch offers targeted, mess-free use of the rare, clinically-recommended formula that permeates fast to offer up to eight hours of cold therapy pain relief for sore muscles,