Topical Pain Relief Market Report: Trends, Forecast and Competitive Analysis to 2030
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Topical Pain Relief Trends and Forecast
The future of the global topical pain relief market looks promising with opportunities in the hospital pharmacy, retail pharmacy, drug store, and online platform markets. The global topical pain relief market is expected to reach an estimated $12.5 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are escalating incidence of arthritis and musculoskeletal conditions, expanding consumer preference for non-pharmacological and non-invasive treatments, and augmenting preference for self-medication.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Topical Pain Relief by Segment
The study includes a forecast for the global topical pain relief by class, form, distributional channel, and region.
Topical Pain Relief Market by Class [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies topical pain relief companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the topical pain relief companies profiled in this report include-
Lucintel forecasts that opioid/narcotic will remain larger segment over the forecast period.
Within this market, retail pharmacy will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Topical Pain Relief Market
Market Size Estimates: Topical pain relief market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Topical pain relief market size by class, form, distributional channel, and region in terms of value ($B).
Regional Analysis: Topical pain relief market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different classes, forms, distributional channels, and regions for the topical pain relief market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the topical pain relief market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the topical pain relief market size?
Answer: The global topical pain relief market is expected to reach an estimated $12.5 billion by 2030.
Q2. What is the growth forecast for topical pain relief market?
Answer: The global topical pain relief market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the topical pain relief market?
Answer: The major drivers for this market are escalating incidence of arthritis and musculoskeletal conditions, expanding consumer preference for non-pharmacological and non-invasive treatments, and augmenting preference for self-medication.
Q4. What are the major segments for topical pain relief market?
Answer: The future of the topical pain relief market looks promising with opportunities in the hospital pharmacy, retail pharmacy, drug store, and online platform markets.
Q5. Who are the key topical pain relief market companies?
Answer: Some of the key topical pain relief companies are as follows:
Answer: Lucintel forecasts that opioid/narcotic will remain larger segment over the forecast period.
Q7. In topical pain relief market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the topical pain relief market by class (opioids/narcotics and non-opioids), form (sprays, patches, creams, and foams), distributional channel (hospital pharmacies, retail pharmacies, drug stores, online platforms, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Topical Pain Relief Market, Topical Pain Relief Market Size, Topical Pain Relief Market Growth, Topical Pain Relief Market Analysis, Topical Pain Relief Market Report, Topical Pain Relief Market Share, Topical Pain Relief Market Trends, Topical Pain Relief Market Forecast, Topical Pain Relief Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Topical Pain Relief Trends and Forecast
The future of the global topical pain relief market looks promising with opportunities in the hospital pharmacy, retail pharmacy, drug store, and online platform markets. The global topical pain relief market is expected to reach an estimated $12.5 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are escalating incidence of arthritis and musculoskeletal conditions, expanding consumer preference for non-pharmacological and non-invasive treatments, and augmenting preference for self-medication.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Topical Pain Relief by Segment
The study includes a forecast for the global topical pain relief by class, form, distributional channel, and region.
Topical Pain Relief Market by Class [Shipment Analysis by Value from 2018 to 2030]:
- Opioids/Narcotics
- Non-Opioids
- Sprays
- Patches
- Creams
- Foams
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
- Online Platforms
- Others
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies topical pain relief companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the topical pain relief companies profiled in this report include-
- Johnson & Johnson
- Sanofi
- Topical Biomedics
- Reckitt Benckiser Group
- AdvaCare pharma
- Pfizer
- Novartis
- Sun Pharmaceutical Industries
- Nestle
- GlaxoSmithKline
Lucintel forecasts that opioid/narcotic will remain larger segment over the forecast period.
Within this market, retail pharmacy will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Topical Pain Relief Market
Market Size Estimates: Topical pain relief market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Topical pain relief market size by class, form, distributional channel, and region in terms of value ($B).
Regional Analysis: Topical pain relief market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different classes, forms, distributional channels, and regions for the topical pain relief market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the topical pain relief market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the topical pain relief market size?
Answer: The global topical pain relief market is expected to reach an estimated $12.5 billion by 2030.
Q2. What is the growth forecast for topical pain relief market?
Answer: The global topical pain relief market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the topical pain relief market?
Answer: The major drivers for this market are escalating incidence of arthritis and musculoskeletal conditions, expanding consumer preference for non-pharmacological and non-invasive treatments, and augmenting preference for self-medication.
Q4. What are the major segments for topical pain relief market?
Answer: The future of the topical pain relief market looks promising with opportunities in the hospital pharmacy, retail pharmacy, drug store, and online platform markets.
Q5. Who are the key topical pain relief market companies?
Answer: Some of the key topical pain relief companies are as follows:
- Johnson & Johnson
- Sanofi
- Topical Biomedics
- Reckitt Benckiser Group
- AdvaCare pharma
- Pfizer
- Novartis
- Sun Pharmaceutical Industries
- Nestle
- GlaxoSmithKline
Answer: Lucintel forecasts that opioid/narcotic will remain larger segment over the forecast period.
Q7. In topical pain relief market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the topical pain relief market by class (opioids/narcotics and non-opioids), form (sprays, patches, creams, and foams), distributional channel (hospital pharmacies, retail pharmacies, drug stores, online platforms, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Topical Pain Relief Market, Topical Pain Relief Market Size, Topical Pain Relief Market Growth, Topical Pain Relief Market Analysis, Topical Pain Relief Market Report, Topical Pain Relief Market Share, Topical Pain Relief Market Trends, Topical Pain Relief Market Forecast, Topical Pain Relief Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL TOPICAL PAIN RELIEF MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Topical Pain Relief Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Topical Pain Relief Market by Class
3.3.1: Opioids/Narcotics
3.3.2: Non-Opioids
3.4: Global Topical Pain Relief Market by Form
3.4.1: Sprays
3.4.2: Patches
3.4.3: Creams
3.4.4: Foams
3.5: Global Topical Pain Relief Market by Distributional Channel
3.5.1: Hospital Pharmacies
3.5.2: Retail Pharmacies
3.5.3: Drug Stores
3.5.4: Online Platforms
3.5.5: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Topical Pain Relief Market by Region
4.2: North American Topical Pain Relief Market
4.2.1: North American Topical Pain Relief Market by Class: Opioids/Narcotics and Non-Opioids
4.2.2: North American Topical Pain Relief Market by Distributional Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Platforms, and Others
4.3: European Topical Pain Relief Market
4.3.1: European Topical Pain Relief Market by Class: Opioids/Narcotics and Non-Opioids
4.3.2: European Topical Pain Relief Market by Distributional Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Platforms, and Others
4.4: APAC Topical Pain Relief Market
4.4.1: APAC Topical Pain Relief Market by Class: Opioids/Narcotics and Non-Opioids
4.4.2: APAC Topical Pain Relief Market by Distributional Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Platforms, and Others
4.5: ROW Topical Pain Relief Market
4.5.1: ROW Topical Pain Relief Market by Class: Opioids/Narcotics and Non-Opioids
4.5.2: ROW Topical Pain Relief Market by Distributional Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Platforms, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Topical Pain Relief Market by Class
6.1.2: Growth Opportunities for the Global Topical Pain Relief Market by Form
6.1.3: Growth Opportunities for the Global Topical Pain Relief Market by Distributional Channel
6.1.4: Growth Opportunities for the Global Topical Pain Relief Market by Region
6.2: Emerging Trends in the Global Topical Pain Relief Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Topical Pain Relief Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Topical Pain Relief Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Johnson & Johnson
7.2: Sanofi
7.3: Topical Biomedics
7.4: Reckitt Benckiser Group
7.5: AdvaCare pharma
7.6: Pfizer
7.7: Novartis
7.8: Sun Pharmaceutical Industries
7.9: Nestle
7.10: GlaxoSmithKline
2. GLOBAL TOPICAL PAIN RELIEF MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Topical Pain Relief Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Topical Pain Relief Market by Class
3.3.1: Opioids/Narcotics
3.3.2: Non-Opioids
3.4: Global Topical Pain Relief Market by Form
3.4.1: Sprays
3.4.2: Patches
3.4.3: Creams
3.4.4: Foams
3.5: Global Topical Pain Relief Market by Distributional Channel
3.5.1: Hospital Pharmacies
3.5.2: Retail Pharmacies
3.5.3: Drug Stores
3.5.4: Online Platforms
3.5.5: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Topical Pain Relief Market by Region
4.2: North American Topical Pain Relief Market
4.2.1: North American Topical Pain Relief Market by Class: Opioids/Narcotics and Non-Opioids
4.2.2: North American Topical Pain Relief Market by Distributional Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Platforms, and Others
4.3: European Topical Pain Relief Market
4.3.1: European Topical Pain Relief Market by Class: Opioids/Narcotics and Non-Opioids
4.3.2: European Topical Pain Relief Market by Distributional Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Platforms, and Others
4.4: APAC Topical Pain Relief Market
4.4.1: APAC Topical Pain Relief Market by Class: Opioids/Narcotics and Non-Opioids
4.4.2: APAC Topical Pain Relief Market by Distributional Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Platforms, and Others
4.5: ROW Topical Pain Relief Market
4.5.1: ROW Topical Pain Relief Market by Class: Opioids/Narcotics and Non-Opioids
4.5.2: ROW Topical Pain Relief Market by Distributional Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Platforms, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Topical Pain Relief Market by Class
6.1.2: Growth Opportunities for the Global Topical Pain Relief Market by Form
6.1.3: Growth Opportunities for the Global Topical Pain Relief Market by Distributional Channel
6.1.4: Growth Opportunities for the Global Topical Pain Relief Market by Region
6.2: Emerging Trends in the Global Topical Pain Relief Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Topical Pain Relief Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Topical Pain Relief Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Johnson & Johnson
7.2: Sanofi
7.3: Topical Biomedics
7.4: Reckitt Benckiser Group
7.5: AdvaCare pharma
7.6: Pfizer
7.7: Novartis
7.8: Sun Pharmaceutical Industries
7.9: Nestle
7.10: GlaxoSmithKline
