Topical Pain Relief Market Exceeds USD 9.5 Billion in 2022, Projected to Surge with 7.5% CAGR by 2028

MarkNtel Advisors who is leading market research company, has recently published a research report, titled Global “Topical Pain Relief Market”. The report is estimated historical data, base year and forecast period and the projections are made for the next five years, i.e., 2023-28. The data, facts, and figures are sourced from reliable platforms, including government portals, white papers, and others.

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Market Study Period

Historical Data: 2018-21

Base Year: 2022

Forecast Period: 2023-28

CAGR (2023-2028): 7.5%

Global Topical Pain Relief 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. The report covers each and every aspect of the market in detail, offering actionable insights to the stakeholders. We extensively cover key trends, opportunities, possible challenges, and major growth drivers for the industry. The report also highlights the role and involvement of governments and other relevant factors that promote market growth.

Global Topical Pain Relief Market Drivers:

Growing Prevalence of Arthritis, Chronic Disease, And Diabetic Neuropathy – There has been a significant rise in arthritis, other bone-related conditions, and also diabetic neuropathy among people, which is driving the adoption of topical therapeutics, thus acting as the key driver of the topical pain relief market. With the increasing number of people with joint pain problems, especially as the older generation population is increasing, the market is likely to expand further. Also, topical therapeutics provide instant comfort to people with injuries. So, the perpetual amount of accidents in the daily life of people also in various industries is likely to fuel the market growth.

Explore the Complete Topical Pain Relief Market Analysis Report –

Which segments are covered in the Topical Pain Relief Market Research Report?

  • 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
  • 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

Top 10 Key Brands/Players in the Topical Pain Relief Market

Our analysts have closely analyzed leading players within the industry, providing stakeholders with valuable insights into the competitive landscape. This enables them to formulate strategic tactics based on the comprehensive data compiled in the report. The information encompasses recent developments, mergers and acquisitions, product/service launches, expansion plans, and revenue-generating opportunities. Notable entities featured in the report include:

  • 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

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Frequently Asked Questions

  1. Which companies dominate the Topical Pain Relief Market in terms of market share?
  2. What is the projected market size of Topical Pain Relief Market in 2028?
  3. What key factor is anticipated to propel the Topical Pain Relief Market by 2028?
  4. How big is the Topical Pain Relief Market?

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