According to the latest report by IMARC Group, titled “Topical Pain Relief Market Report by Therapeutic Class (Non-Opioids, Opioids), Formulation (Cream, Gel, Spray, Patch, and Others), Type (Prescription Pain Relief, Over the Counter (OTC) Pain Relief), Distribution Channel (Pharmacy and Drug Stores, Retail Stores, Online Stores), and Region 2025-2033”, the global topical pain relief market reached a value of USD 11.0 Billion in 2024. Topical pain relief products are commonly designed to relieve pain by utilizing skin as the vehicle for drug administration, thereby affecting both the local area and the central nervous system. These formulations are analgesics or anesthetics that are applied to the epidermal layer of the skin at the site of inflammation or pain directly. They work by entering the bloodstream gradually over a certain period of time and keeping blood levels relatively constant, and are most commonly used for strains, sprains, tendinopathy, muscle aches, and osteoarthritis. There are fewer side effects associated with these medications when compared with oral medications.
Global Topical Pain Relief Market Trends:
The global market is majorly driven by the increasing prevalence of diseases with chronic pain, including arthritis and other bone-related conditions, diabetic neuropathy, multiple sclerosis, and fibromyalgia. This can be attributed to a considerable rise in the geriatric population that is more susceptible to these diseases. In line with this, the growing number of people participating in sports activities is also propelling the demand for topical pain relief medications. Moreover, continual technological advancements in the development of online platforms for topical therapeutics are creating lucrative growth opportunities in the market. The market is further propelled by the introduction of innovative product variants with fewer side effects with an enhanced focus on managing the pain of cancer patients. Furthermore, the increasing number of partnerships, collaborations and mergers and acquisitions (M&As) by the leading pharmaceutical companies are creating a positive market outlook. Some of the other factors providing an impetus to the market include rapid urbanization, considerable growth in healthcare expenditure, easy product availability via organized retail channels and extensive research and development (R&D) activities. On account of the aforementioned factors, the market is anticipated to reach a value of USD 17.3 Billion by 2033, exhibiting a CAGR of 5.1% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Therapeutic Class, Formulation, Type, Distribution Channel, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Advacare Pharma, Exzell Pharma Inc., Glaxosmithkline Plc, Johnson & Johnson, Novartis AG, Pfizer Inc., Reckitt Benckiser Group Plc, Sanofi S.A., Sun Pharmaceutical Industries Limited and Topical Biomedics Inc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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