By Type (Prescription Pain Relief, Over-The-Counter Pain Relief), By Therapeutic Class (Non-Opioids [Nonsteroidal Anti-Inflammatory Drug, Methyl Salicylate, Capsaicin, Lidocaine], Opioids [Buprenorphi... ... Opioids [Buprenorphine and Fentanyl]), By Formulation (Cream, Gel, Spray, Patch), By Distribution Channel (Pharmacy Drug Store, E-Commerce, Others), By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa), By Country (US, Canada, Mexico, Brazil, UK, Germany, France, Italy, Spain, China, Japan, South Korea, India, Australia, New Zealand, UAE, Saudi Arabia, South Africa), By Company (AdvaCare Pharma, GlaxoSmithKline plc., Sanofi, Johnson & Johnson, Novartis AG, Reckitt Benckiser Group plc, Sun Pharmaceutical Industries Ltd., Pfizer Inc., Topical BioMedics, Inc. (Topricin), Exzell Pharma, Emami Group)) Read more
- Healthcare
- Jan 2023
- 179
- PDF, Excel, PPT
Market Definition
Topical pain relief medications are medications applied directly to the epidermal layer of skin at and around the area of inflammation or pain. It includes painkillers, directly applied, sprayed, or rubbed on the skin over painful muscles or joints. Such relief medications are analgesic or anesthetic formulations designed to relieve pain and use skin as the path for drug administration and exert major action at the targeted site and in the central nervous system. The medication aims to offer a slow and gradual release of pain relief medication into the bloodstream by keeping the blood levels relatively constant for some time while, offering lesser side effects than oral medication.
Market Insights
The Global Topical Pain Relief Market was valued at USD 9.5 Billion 2022 and is projected to grow at a CAGR of around 7.5% during the forecast period, i.e., 2023-28. Due to the rising incidences of arthritis, specifically osteoarthritis, surging technological advancements in transdermal patches for pain management, and burgeoning investments by pharmaceutical companies & government organizations for R&D activities, the market is likely to receive a rise. As growth in understanding online pharmacy with the increasing number of internet users choosing to buy topical therapeutics online, the expansion of online platforms and people’s inclination towards buying their medications online is likely to benefit the market.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-2028) | 7.5% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain, The Netherlands, Norway | |
| Asia-Pacific: China, India, Japan, South Korea, Australia, New Zealand | |
| South America: Brazil, and Argentina | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa, Turkey | |
| Key Companies Profiled | AdvaCare Pharma, GlaxoSmithKline plc., Sanofi, Johnson & Johnson, Novartis AG, Reckitt Benckiser Group plc, Sun Pharmaceutical Industries Ltd., Pfizer Inc., Topical BioMedics, Inc. (Topricin), Exzell Pharma, Emami Group |
| Market Value (2022) | USD 9.5 Billion |
Additionally, with the burgeoning geriatric population, the older population faces a higher risk of different bone-related issues and diseases. Hence, a rise in the older population around the world would also favor the growth of the industry. Along with it the surging awareness among people about the benefits of topical pain relief is another factor likely to contribute to the overall market growth.
Another factor that causes market growth is the inclination towards the adoption of topical pain relief products over other kinds of medications, as they cause lesser side effects, especially when compared with oral pain relief medication. Thus, with significant growth in awareness about the side effects of oral medication, the popularity of topical pain relief medicine is increasing.
Subsequently, with the increasing popularity of adopting healthier lifestyles, doing sports, and gym as hobbies would also result in a surge in the market as it would increase the demand for topical therapeutics. Ironically, the population is also facing a drop in daily exercising with the advent of working from home, and being able to receive everything at their door, leading to lesser daily activities. This might result in topical therapeutics demands soaring up as a fast and convenient pain relief solution, thus, leading to lucrative growth of the market in forecasting years.
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Preface
- Executive Summary
- Impact of COVID-19 on Global Topical Pain Relief Market
- Global Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- Prescription Pain Relief
- Over-The-Counter Pain Relief
- By Therapeutic Class
- Non-Opioids
- Nonsteroidal Anti-Inflammatory Drug
- Methyl Salicylate
- Capsaicin
- Lidocaine
- Opioids
- Buprenorphine
- Fentanyl
- Non-Opioids
- By Formulation
- Cream
- Gel
- Spray
- Patch
- By Distribution Channel
- Pharmacy Drug Store
- E-Commerce
- Others
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
- By Competitors
- Competition Characteristics
- Market Share & Analysis
- Competitive Metrix
- By Type
- Market Size & Analysis
- North America Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- By Country
- The US
- Canada
- Mexico
- The US Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Canada Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Mexico Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Market Size & Analysis
- South America Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- By Country
- Brazil
- Others
- Brazil Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Market Size & Analysis
- Europe Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- The Netherlands
- Norway
- Others
- Germany Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- The UK Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- France Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Italy Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Spain Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- The Netherlands Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Norway Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Market Size & Analysis
- Middle East & Africa Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- By Country
- UAE
- Saudi Arabia
- South Africa
- Turkey
- Others
- UAE Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Saudi Arabia Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- South Africa Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Turkey Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- By Country
- China
- India
- Japan
- South Korea
- Australia
- New Zealand
- Others
- China Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- India Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Japan Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- South Korea Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Australia Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- New Zealand Topical Pain Relief Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- Type
- By Therapeutic Class
- By Formulation
- By Distribution Channel
- Market Size & Analysis
- Market Size & Analysis
- Global Topical Pain Relief Market Government Regulations and Policies
- Global Topical Pain Relief Market Trends & Insights
- Global Topical Pain Relief Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Topical Pain Relief Market Hotspot & Opportunities
- Global Topical Pain Relief Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Competition Matrix
- Target Markets
- Research & Development
- Collaborations & Strategic Alliances
- Key Business Expansion Initiatives
- Business Restructuring- Mergers, Acquisitions, JVs
- Strategic Initiatives
- Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- AdvaCare Pharma
- GlaxoSmithKline plc.
- Sanofi
- Johnson & Johnson
- Novartis AG
- Reckitt Benckiser Group plc
- Sun Pharmaceutical Industries Ltd.
- Pfizer Inc.
- Topical BioMedics, Inc. (Topricin)
- Exzell Pharma
- Emami Group
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making