Global Nicotine Patch Market Research Report: Forecast (2023-2028)

Market Definition

Nicotine Patches are generally used among patients who want to quit smoking, as it is based on nicotine replacement therapy (NRT). These patches are transdermal patches that come in a variety of strengths to help patients quit smoking based on their tobacco addiction. It helps deliver a steady dose of nicotine to the patients' bodies through their skin & helps them fight the withdrawal symptoms linked with tobacco cessation.

Market Insights & Analysis: Global Nicotine Patch Market (2023-28)

The Global Nicotine Patch market is projected to grow at a CAGR of around 7.8% during the forecast period, i.e., 2023-28. The major factors driving the market growth include the rising number of tobacco-addicted patients across the globe during the historical years. The factors driving the enhanced adoption of tobacco among individuals are the easy availability & accessibility of tobacco products across the regions like Asia-Pacific, North America, etc.

In addition, the growing prevalence of mental health issues, including stress, anxiety, depression, etc., has also been upscaling the adoption of cigarettes & other tobacco products among young individuals worldwide. Also, young individuals, especially in the countries like the US, the UAE, India, etc., have been observed to get influenced by peer pressure &d environmental conditions, which has enhanced tobacco smoking among them. For instance,

• In 2020, according to the World Health Organization, around 22.3% of the global population used tobacco, among which 36.7% of men & 7.8% of women of the total population consumed tobacco.

Henceforth, with escalating cases of tobacco consumption among individuals, the need for their treatment has also enhanced, which has improved the demand for these patches since the past period. Furthermore, the growing initiatives by the major company players through the launch of campaigns & donation programs to promote their products have also been supporting the market expansion. It has been majorly because of the government support of the major countries like the US, India, China, etc., to the industry players to reduce the number of deaths associated with smoking.

Consequently, these initiatives have been playing a major role as an influential aspect in spreading awareness among individuals regarding the usage of nicotine patches, which is projected to upscale the market during the forecasted period.

Global Nicotine Patch Market Key Drivers:

Increasing Demand for Smoking Cessation Products - There has been an enhanced demand for nicotine replacement therapy among patients, which has been supporting the global market of nicotine patches since the historical years. Consumers have been actively shifting toward smoking cessation products, owing to the amplifying awareness regarding the negative impacts of smoking tobacco. It has been observed that individuals who perform continuous tobacco smoking are at higher risk of diseases like cancer, heart disease, lung disease, etc. Smoking is also related to an increased risk of tuberculosis, certain eye diseases, etc., which further induces an urge among tobacco-addicted patients to quit tobacco intake. For instance,

• In 2020, according to the Centre for Disease Control and Prevention (CDC), smoking caused around 90% of all lung cancer deaths & more women died from lung cancer each year than from breast cancer.

Henceforth, enhanced awareness among individuals regarding tobacco-related health issues & an urge to quit smoking is presumed to escalate the demand for nicotine patches among individuals during the forthcoming years.

Global Nicotine Patch Market Possible Restraint:

Incidence of Side-effects to Hamper Market  - With the growing incidence of side effects linked to the usage of nicotine patches, consumers have been observed to be hesitant in adopting these patches. The major factor causing the side effects is that the patches are directly in contact with the skin, which has been founded to cause skin irritation. Further, these patches have also been inducing effects like dizziness, muscle pain or stiffness, headache, sleeping problems, nausea, racing heartbeat, etc., among patients using them. In addition, they are suggested to be applied in controlled dosage, based on the number of cigarettes consumed by the patient in a day.

However, it has been noted that consumers across the globe found it difficult to identify the correct dosage for them, which leads to cases like overdose symptoms. And if an overdose of these patches occurs, it leads to dizziness, a fast heartbeat, nausea or vomiting, weakness, etc., imparting a negative effect on consumers’ health. Henceforth, with the inflated incidence of side effects, their adoption has been experiencing a negative impact & is anticipated to be a barrier for the market during the forecast period if not taken care of.

Global Nicotine Patch Market Growth Opportunities

Enhanced Government Initiatives to Control Smoking Rates - There has been an uplifting consumption of tobacco across countries, like the US, India, China, Southeast Asian countries, etc., linked with the enhanced incidence of associated diseases like lung cancer, COPD, asthma, etc. This has been encouraging governments across these countries to take several initiatives to control the number of deaths related to nicotine consumption in recent years. These initiatives aim at supporting various Nicotine Replacement Therapies (NRTs) across the market, which would help individuals to quit smoking. For instance,

• In 2023, the government of Connecticut, the US, announced its plans to control tobacco consumption across the states by providing 8-weeks of free nicotine replacement therapy (NRT) through its CT Quitline, a helpline offered by the government to help citizens quit smoking.
• In 2022, Indian Government announced its plan to include Nicotine Replacement Therapy products (NRT), like nicotine patches, lozenges, etc., to their National List of Essential Medicines (NLEM), which would help citizens to quit smoking.

Henceforth, the upcoming plans by the government to help its citizens quit smoking by offering NRTs, are anticipated to upscale the sales of nicotine patches in the forecasted years. These plans are thus, projected to boost the market growth during 2023-28.

Global Nicotine Patch Market Key Trends:

Advancements in Nicotine Patch Technology to Treat Clinical Seizures - When consumers’ intake nicotine in the form of smoking, they are inhaling several other harmful chemicals as well, which affect the brain. These negative effects of nicotine inhalation on the brain show a higher level of clinical seizures compared to those who don’t smoke. However, several recent research has found that transdermal transfer of nicotine in a controlled manner has shown a positive impact on controlling clinical seizures in patients suffering from Autosomal Dominant Sleep-Related Hyper Motor Epilepsy (ADSHE). Also, these researches have shown positive results, as it was observed that transdermal intake of nicotine via a nicotine patch considerably reduced the clinical seizures in the patients.

Additionally, in several other research studies, these patches have been found to showcase active results in treating seizures in other types of epilepsy as well. Consequently, escalating research on advancements in these patches to treat several clinical conditions related to seizures has been upscaling the need for nicotine patches in these studies during recent years. Furthermore, the anticipated approval of the usage of these patches in the market for the treatment of epilepsy would help in strengthening the market growth in the forecasted years as well.

Global Nicotine Patch Market (2023-28): Segmentation Analysis

Global Nicotine Patch Market report by Markntel Advisors includes segmentation analysis based on Type, and End Users. This breakdown allows businesses to identify specific market segments and tailor their marketing and product strategies accordingly, maximizing their chances of success in the Global Nicotine Patch Market.

Based on Type:

• 24-hour Patch
  • 7 mg
  • 14 mg
  • 21 mg
• 16-hour Patch
  • 10 mg
  • 15 mg
  • 25 mg

Among them, the 24-hour patch has experienced considerable demand in the Global Nicotine Patch market during the historical years. It was majorly because of the rising population of individuals having strong cravings to consume cigarettes, both day & night. The 24-hr patch has been designed to be worn both day & night & comes in 3 variants to be changed based on the amount of craving experienced by the individuals. Consequently, the higher preference for a 24-hour patch is also contributing to upscaling the growth rate during the forthcoming period, further enhancing the market share.

Based on End Users:

• Hospitals
• Rehabilitation Centers
• Homecare

Homecare has been one of the major end-users of nicotine patches during the historical years, owing to the rising awareness among consumers to quit smoking by themselves. As consumers were getting highly aware of the negative effects of inhaling nicotine, which leads to injurious health conditions, they have been shifting toward medications to quit smoking habits. Also, homecare settings provide higher convenience to consumers because they have been designed for self-application without the need for any supervision. These patches are highly cost-effective & easy to use, which provide a high level of effectiveness if used in the proper dosage, further amplifying its adoption among consumers during the historical years.

Moreover, to prevent social image, consumers avoid visiting hospitals or rehabilitation centers & prefer adopting these patches, which are easily available at online & offline pharmacy stores. Consequently, factors including the prevention of social image & highly convenient adoption of nicotine patches, the segment is expected to dominate the market in the forecasted years as well.

Global Nicotine Patch Market Regional Projection

Geographically, the market expands across:

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Regionally, Asia-Pacific has been observed to show significant development in the adoption of nicotine patches during the historical years. It was majorly because of the presence of countries like Myanmar, Bangladesh, Indonesia, etc., which have a substantially higher rate of smoking among populations. Hence, the rising rate of smoking has led to enhance the number of diseases related to it, which has also uplifted the death incidence. In line with the growing tobacco epidemic across these countries, the World Health Organization, in collaboration with the government of these countries, has been taking initiatives to reduce the smoking rates.

Henceforth, consumers have been shifting toward smoking cessation therapies like nicotine patches, which have been proven to help them reduce cravings to smoke. Furthermore, with a growing rate of smoking & upcoming government initiatives to support smoking cessation products, the region would dominate the market during the forecasted years as well.

Global Nicotine Patch Industry Recent Developments 

• 2023: Rusan Pharma launched a campaign named “No Reason is Good Enough” to promote the adoption of its nicotine patches, i.e., 2baconil, by portraying the effectiveness of its product in reducing the psychological & other physical addictions to nicotine.

Gain a Competitive Edge with Our Global Nicotine Patch Market Report

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