Top Growth Trends in the Topical Pain Relief Market: Insights into Market Size and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Topical Pain Relief Market?
The burgeoning presence of arthritis and bone-related ailments is predicted to accelerate the expansion of the topical pain relief market in the future. These medical scenarios harm the joints, bones, and nearby tissues. Topical pain relief is commonly employed to control such disorders, reducing local pain, inflammation, and discomfort, especially in superficial joints. For example, in February 2024, the Centers for Disease Control and Prevention (CDC), a health protection agency based in the US, reported that in 2022, 18.9% of adults experienced arthritis, with a higher incidence among women (21.5%) than men (16.1%). The prevalence heightened with increasing age, reaching a peak of 53.9% in people aged 75 and above, and was elevated among Black and White non-Hispanic adults. The rates reduced with the rise in income and in urban settings. As such, the escalating prevalence of arthritis and bone-related conditions is fueling the growth of the topical pain relief market.
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#How Does the ProjectedTopical Pain Relief Market Growth Compare Over the Forecast Period?
The size of the topical pain relief market has experienced substantial growth in the past few years. It is set to increase from $10.74 billion in 2024, reaching $11.54 billion in 2025, showing a compound annual growth rate (CAGR) of 7.4%. Factors contributing to this growth during the historic period include the high prevalence of chronic diseases, increased numbers of sports-related injuries, better comprehension of online pharmacies, a rise in the occurrence of arthritis, and an uptick in the aging population.
There’s an anticipated robust expansion in the topical pain relief market in the upcoming years, with an expected growth to $14.45 billion in 2029, following a compound annual growth rate (CAGR) of 5.8%. This growth during the forecasted period can be linked to the increasingly common occurrences of arthritis and joint pains, the heightened demand from athletes, the rise in the use of pain management devices and patches, the expansion of e-commerce platforms, advancements in drug development and increased healthcare expenditures. Key trends in the forecast period encompass a surge in cancer patient numbers, easy accessibility to products, emergence of home delivery systems, a rise in participation in sports activities, and breakthroughs in formulations.
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What New Market Trends Are Reshaping theTopical Pain Relief Market and Its Opportunities?
Firms majorly involved in the topical pain relief market are focusing on the production of innovative items such as pain relief cream to suit the rising demand for efficient pain relief products. Pain relief cream constitutes an external cream providing deep-seated pain relief to help alleviate minor muscle and joint aches. For example, in August 2023, Kenvue Inc., a consumer health enterprise based in the USA, introduced a new topical pain alleviating cream named Tylenol – a specific pain relief cream. It is devised to provide top-strength lidocaine (4%) without necessitating a prescription. It is obtainable in two versions: a quickly absorbing formulation and a uniquely designed rollerball for a hands-free, clean usage. The cream is devoid of fragrance, with options for discreet use with a fresh scent. Furthermore, it offers features such as high-strength lidocaine for prompt and targeted pain relief, aimed at satisfying consumers in search of effective and handy solutions.
Who Are the Leading Market Players Fueling Growth in the Topical Pain Relief Market Trend?
Major companies operating in the topical pain relief market report are Pfizer Inc., Johnson & Johnson, Abbvie Inc., Bayer AG, Novartis AG, Sanofi S.A., Bristol Myers Squibb Co., GlaxoSmithKline PLC, Acella Pharmaceuticals LLC, Eli Lilly and Company, Reckitt Benckiser Group PLC, Viatris Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., Astellas Pharma Inc., Sun Pharmaceutical Industries Ltd., Perrigo Company PLC, Galderma S.A., Dr. Reddy’s Laboratories Ltd., Aurobindo Pharma Limited, Cipla Ltd., Lupin Limited, Almirall S.A., AdvaCare Pharma, Roivant Sciences Inc., Topical BioMedics Inc.
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How is the Global Topical Pain Relief Market Segemented?
The topical pain relief market covered in this report is segmented –
1) By Type: Prescription Pain Relief, Over-The-Counter (OTC) Pain Relief
2) By Formulation: Cream, Gel, Spray, Patch, Other Formulations
3) By Therapeutic: Non-Opioids, Opioids
4) By Distribution Channel: Pharmacies And Drug Stores, E-Commerce, Retail And Grocery Stores
Subsegments:
1) By Prescription Pain Relief: Prescription Creams And Gels, Prescription Patches, Compounded Topical Analgesics
2) By Over-The-Counter (OTC) Pain Relief: Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), Counterirritants, Analgesic Creams And Gels
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Which Geographics are Influencing the Growth of the Topical Pain Relief Market?
North America was the largest region in the topical pain relief market in 2024. The regions covered in the topical pain relief market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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