Topical Pain Relief Market : To Exhibits Remarkable Growth | $12.2 Billions by 2027
Topical pain relief medications are pain killers that are directly applied, rubbed, or sprayed on the skin over painful muscles or joints. They are designed to relieve pain as they are composed of different ingredients such as opioids, nonsteroidal anti-inflammatory drugs (NSAIDS), salicylates, capsaicin, and others. These products have a heating or cooling effect that stimulate the nerves near the pain point and relieve pain. When pain is localized, patients highly prefer topical treatments as adjunctive therapy, which can be as effective as oral treatments and cause fewer side effects.
Topical pain relief market size was valued at $8,864.0 million in 2019 and is expected to reach $12,219.7 million by 2027, registering a CAGR of 5.2% from 2020 to 2027.
Some of the key players involved in the Market are:
ADVACARE PHARMA, GLAXOSMITHKLINE PLC (GSK), JOHNSON & JOHNSON, NESTLΓ S.A, NOVARTIS AG, PFIZER INC, RECKITT BENCKISER GROUP PLC, SANOFI, SUN PHARMACEUTICAL INDUSTRIES LTD, TOPICAL BIOMEDICS, INC
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The topical pain relief market can be segmented based on various factors, including the type of product, distribution channel, and application. Here are some common segments within the topical pain relief market:
- Product Type: a. Analgesic Creams and Gels: These products contain ingredients such as menthol, camphor, or lidocaine, which provide a cooling or numbing sensation to relieve pain. b. Pain Relief Patches: Transdermal patches that deliver medications such as lidocaine or capsaicin directly to the skin for localized pain relief. c. Muscle and Joint Pain Relief Products: Specifically designed to alleviate pain and inflammation in muscles and joints, often containing ingredients like methyl salicylate, diclofenac, or NSAIDs. d. Sprays and Aerosols: Fast-acting pain relief products that are applied topically through sprays or aerosol cans.
- Distribution Channel: a. Over-the-Counter (OTC) Products: Available without a prescription, these topical pain relief products can be purchased directly from pharmacies, drugstores, supermarkets, or online retailers. b. Prescription-based Products: Some topical pain relief medications require a prescription and can be obtained from pharmacies or healthcare providers.
- Application: a. Arthritis Pain Relief: Products specifically formulated to relieve pain associated with arthritis, targeting joint pain and inflammation. b. Sports Injuries: Topical pain relief products designed to provide relief for sports-related injuries, such as sprains, strains, or muscle soreness. c. Back and Neck Pain Relief: Products that focus on alleviating pain in the back and neck areas, often caused by muscle tension, strains, or injuries. d. General Pain Relief: Products that offer relief for general aches and pains, including muscle aches, bruises, minor cuts, and burns.
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