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Global Topical Pain Relief Market Size, Growth, Forecast: By Class: Opioids, Non-Opioids; By Product Type: Over-The-Counter, Prescription; By Formulation: Ointment, Gel, Spray, Patch, Others; By Distribution Channel: Pharmacies and Drug Stores, Retail and Grocery Stores, Online, Others; Regional Analysis; Supplier Landscape; 2024-2032
Global Topical Pain Relief Market Outlook
The global topical pain relief market size attained a value of about USD 10.1 billion in 2023, driven by rising prevalence of arthritis and other bone-related diseases, rising pharmaceutical industry, and growing geriatric population. The market is further expected to grow at a CAGR of 5.0% during the forecast period of 2024-2032 to reach nearly USD 15.6 billion by 2032.
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Increasing Demand for Non-Opioids to Augment the Topical Pain Relief Industry Growth
Based on class, the non-opioids segment accounts for a significant share in the topical pain relief industry and is expected to grow rapidly over the forecast period due to the increased preference for non-opioids over opioid drugs to treat mild to moderate pain. Non-opioids are often used to treat acute or persistent pain because they have fewer side effects as compared to opioids and do not cause addiction. While non-opioid drugs are particularly suitable for pain in musculoskeletal conditions, opioid analgesics are considered more suitable for treating moderate to severe pain, especially of visceral origin. The growth of this segment is primarily driven by the increasing awareness pertaining to the negative effects of long-term opioid therapy, which may adversely affect pain sensitivity, widespread concerns about opioid misuse and iatrogenic addiction, and an increase in the prevalence of arthritis and other joint problems.
North America to Provide Enhanced Growth Opportunities to the Topical Pain Relief Industry
Region-wise, North America accounts for a significant market share and is expected to witness a robust growth over the forecast period. This is due to the region's early legalisation of topical pain relievers and high acceptance of over-the-counter pain relievers. Moreover, due to the presence of some of the leading industry players in the region, the market is expected to grow in the forecast period.
Topical Pain Relief: Market Segmentation
Muscle pains, sprains, and strains are treated with topical painkillers. They can also help in providing relief from painful arthritis. Since topical analgesics have fewer side effects than oral painkillers, they are often prescribed instead of oral painkillers.
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By class, the market is divided into:
- Opioids
- Non-Opioids
Based on product type, the industry can be segmented into:
- Over-the-Counter
- Prescription
The market is divided based on formulation into:
- Ointment
- Gel
- Spray
- Patch
- Others
On the basis of distribution channel, the industry can be categorised into:
- Pharmacies and Drug Stores
- Retail and Grocery Stores
- Online
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Prevalence of Arthritis and Other Bone-Related Diseases to Bolster the Growth of the Topical Pain Relief Industry
The increasing prevalence of arthritis and other bone-related diseases, as well as diabetic neuropathy, which causes pain, is driving the growth of the global topical pain relief industry. Other factors driving the market growth include an increased adoption of topical pain-relieving drugs, which have less side effects than oral pain relievers, the growing global geriatric population, and an increase in demand for topical pain relievers among athletes. Further, the expansion of online retail channels for topical therapeutics is expected to provide the industry with lucrative growth opportunities.
Over the forecast period, the increase in the number of patients undergoing prolonged treatment for diseases, such as skin cancer, is expected to drive the growth of the market.
Key Industry Players in the Global Topical Pain Relief Market
The report gives a detailed analysis of the following key players in the global topical pain relief market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Sanofi SA
- Novartis AG
- GlaxoSmithKline Plc.
- Reckitt Benckiser Group Plc.
- Johnson & Johnson Consumer Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Class |
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| Breakup by Product Type |
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| Breakup by Formulation |
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| Breakup by Distribution Channel |
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| Breakup by Regions |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Topical Pain Relief Market Overview
3.1 Global Topical Pain Relief Market Historical Value (2017-2023)
3.2 Global Topical Pain Relief Market Forecast Value (2024-2032)
4 Global Topical Pain Relief Market Landscape
4.1 Global Topical Pain Relief Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Topical Pain Relief Product Landscape
4.2.1 Analysis by Class
4.2.2 Analysis by Product Type
4.2.3 Analysis by Formulation
4.2.4 Analysis by Distribution Channel
5 Global Topical Pain Relief Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Topical Pain Relief Market Segmentation
6.1 Global Topical Pain Relief Market by Class
6.1.1 Market Overview
6.1.2 Opioids
6.1.3 Non-Opioids
6.2 Global Topical Pain Relief Market by Product Type
6.2.1 Market Overview
6.2.2 Over-The-Counter
6.2.3 Prescription
6.3 Global Topical Pain Relief Market by Formulation
6.3.1 Market Overview
6.3.2 Ointment
6.3.3 Gel
6.3.4 Spray
6.3.5 Patch
6.3.6 Others
6.4 Global Topical Pain Relief Market by Distribution Channel
6.4.1 Market Overview
6.4.2 Pharmacies and Drug Stores
6.4.3 Retail and Grocery Stores
6.4.4 Online
6.4.5 Others
6.5 Global Topical Pain Relief Market by Region
6.5.1 Market Overview
6.5.2 North America
6.5.3 Europe
6.5.4 Asia Pacific
6.5.5 Latin America
6.5.6 Middle East and Africa
7 North America Topical Pain Relief Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Topical Pain Relief Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Topical Pain Relief Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Topical Pain Relief Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Topical Pain Relief Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 Sanofi SA
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Novartis AG
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 GlaxoSmithKline Plc
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Reckitt Benckiser Group Plc.
17.4.1 Financial Analysis
17.4.2 Financial Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Johnson & Johnson Consumer Inc.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 AdvaCare Pharma
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Topical Biomedics, Inc.
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Sun Pharmaceutical Industries Ltd.
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Nestle S.A.
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Pfizer Inc.
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
18 Global Topical Pain Relief Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
In 2023, the global market for topical pain relief attained a value of USD 10.1 billion.
The market is anticipated to grow at a CAGR of 5.0% during the forecast period of 2024-2032 to reach a value of USD 15.6 billion by 2032.
The major drivers of the market include the rising prevalence of arthritis and other bone-related diseases, rising pharmaceutical industry, and growing geriatric population.
The increasing investments in the healthcare and pharmaceutical industries is the key industry trend propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major classes of the product in the market are opioids and non-opioids.
The leading product types in the industry are over-the-counter and prescription.
The significant formulations of the product in the market are ointment, gel, spray, and patch, among others.
The major distribution channels of the product in the industry are online, pharmacies and drug stores, and retail and grocery stores, among others.
The major players in the industry are Sanofi SA, Novartis AG, GlaxoSmithKline Plc., Reckitt Benckiser Group Plc., and Johnson & Johnson Consumer Inc., among others.
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