Fentanyl Transdermal Patches Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2027

The global fentanyl transdermal patches market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Fentanyl transdermal patch is used for the treatment of chronic pain in opioid-tolerant people. These patches are administrated when an opioid analgesic is needed to be used for an extended period. The major factor driving the demand for fentanyl transdermal patches is the increasing prevalence of chronic pain anmcancer pain across the globe. 

Moreover, the market is also growing due to the rising prescription rate for fentanyl patches coupled with the increasing demand for OTC non-opioid or pain medicines globally. Additionally, these patches are strong opioid agent which is considered to be 100 times more potent than morphine. Further, it continuously supplies drugs to the skin surface and enables drugs to circulate in the body for several days. However, the market growth is hampered due to the side effects related to these patches such as serious breathing problems, severely low blood pressure, adrenal insufficiency and androgen deficiency among others. 

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Moreover, North America is expected to hold a prominent share in the market owing to the rising prevalence of cancer in the region. Additionally, transdermal patches support to deliver pain management drugs at a fixed proportionate rate to attain either a local or a systemic effect in cancer. Furthermore, the market is also growing due to the increasing geriatric population across the globe. Some major players in the market include Mylan N.V., and Novartis International AG, among others. 

Market Coverage

                 The market number available for – 2020-2027

                 Base year- 2020

                 Forecast period- 2021-2027

Segment Covered- 

·                  By Type

·                  By Application

Regions Covered-

                 North America

                 Europe

                 Asia-Pacific

                 Rest of the World

Competitive Landscape- Mylan N.V., and Novartis International AG, among others 

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Global Fentanyl Transdermal Patches Market Report by Segment

By Type

                 12 mcg/h

                 25 mcg/h

                 50 mcg/h

                 75 mcg/h

                 100 mcg/h

By Application 

                 Musculoskeletal Pain

                 Auto-Immune Disease

                 Post-Operative Pain

                 Cancer Pain

                 Others

Global Fentanyl Transdermal Patches Market Report by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

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