United States Lidocaine Patches Market Analysis

  • Report ID: 6805
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

U.S. Lidocaine Patches Segmentation

Type (Prescription Medicines, OTC Medicines)

Prescription medicines segment is anticipated to capture around 72.2% U.S. lidocaine patches market share by the end of 2034. This dominance is driven by the effectiveness of prescription-grade patches in managing moderate to severe pain, such as post-surgical pain and chronic neuropathy. These patches are preferred in medical settings for their reliable and clinically validated performance. The segment benefits from rigorous research and development efforts to ensure safety and efficacy standards. With healthcare providers increasingly recommending non-opioid alternatives, the prescription medicines segment remains a cornerstone of the market.

End user (Hospital Pharmacies, Drug Stores and Retail Pharmacies, Online Providers)

By the end of 2034, hospital pharmacies segment is set to hold over 41.7% U.S. lidocaine patches market share, due to the important distribution role prescription-grade lidocaine patches play in facilities. The hospitals also ensure timely access to effective pain management solutions among patients recovering from surgeries or dealing with chronic conditions. For example, FFF Enterprises partnered with Sintetica US in April 2023 to distribute Lidocaine Hydrochloride Injection, thereby underlining the importance of hospital-centric distribution networks. While this partnership is predominantly focused on injectable formulations, it underlines the potential synergies in expanding the lidocaine offering, including patches. Hospital pharmacies form the most crucial end user in meeting the growing demand for lidocaine patches throughout the U.S.

Our in-depth analysis of the market includes the following segments:

Type

  • Prescription Medicines
  • OTC Medicines

End user

  • Hospital Pharmacies
  • Drug Stores and Retail Pharmacies
  • Online Providers

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In 2024, the industry size of U.S. lidocaine patch was USD 560.7 million.

The U.S. lidocaine patch market size was USD 560.7 million in 2024 and is expected to reach USD 963 million by the end of 2034, expanding at a CAGR of 5.5% during the forecast period, i.e., 2025-2034. In 2025, the industry size of U.S. lidocaine patch will be valued at USD 591.2 million.

Key players in the market are Amneal Pharmaceuticals LLC, Endo Pharmaceuticals Inc, Hisamitsu America, Inc., Medline Industries, LP., Scilex Pharmaceuticals Inc., Sparsha Pharma USA, Teikoku Pharma, Teva Pharmaceuticals USA, Inc., Viatris Inc., YARAL Pharma Inc.

The prescription medicines segment is anticipated to lead the U.S. lidocaine patch market during the forecast period.

Southeast U.S. is likely to offer lucrative prospects to the companies in market during the forecast period.
Inquiry Before Buying Request Free Sample PDF
footer-bottom-logos