Topical Pain Relief Market Expected to Reach $13,276 million, Globally, by 2025

According to a new report published by Allied Market Research, titled, Topical Pain Relief Market, by Therapeutic Class, Type, Formulation, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018-2025," the global topical pain relief market was valued at $7,481 million in 2017, and is projected to reach $13,276 million in 2025, registering a CAGR of 7.4% from 2017 to 2025.

Topical pain relief medications are pain killers that are directly applied, rubbed, or sprayed on the skin over painful muscles or joints. They are designed to relieve pain as they are composed of different ingredients such as opioids, nonsteroidal anti-inflammatory drugs (NSAIDS), salicylates, capsaicin, and others. These products have a heating or cooling effect that stimulate the nerves near the pain point and relieve pain. When pain is localized, patients highly prefer topical treatments as adjunctive therapy, which can be as effective as oral treatments and cause fewer side effects.

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Topical Pain Relief Market Competitive Analysis:

Leading market players Johnson & Johnson, Novartis AG, GlaxoSmithKline Plc., Pfizer Inc., Reckitt Benckiser Group Plc., Sanofi S.A., Topical BioMedics, Inc., AdvaCare Pharma, Sun Pharmaceutical Industries Ltd., and Nestle S.A.

Other players (these players are not profiled in the report and the same can be included on request) in the value chain include Troy Healthcare, LLC, Emami Group, Chattem, Inc., Exzell Pharma, and Performance Health Technologies, Inc others provided in this report. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

Covid-19 Impact on the Global Topical Pain Relief Market:

Topical Pain Relief Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.

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Topical Pain Relief Market Segmentation:

The research offers a detailed segmentation of the global Topical Pain Relief market. Key segments analyzed in the research,

By Therapeutic Class
• Non-Opioids
o Nonsteroidal Anti-Inflammatory Drugs (NSAIDS)
o Methyl Salicylate
o Capsaicin
o Lidocaine
o Other Non-opioids

• Opioids
o Buprenorphine
o Fentanyl

By Type
• Prescription Pain Relief
• Over-the-counter (OTC) Pain Relief

By Formulation
• Cream
• Gel
• Spray
• Patch
• Others

By Distribution Channel
• Pharmacies & Drug Stores
• e-Commerce
• Retail & Grocery Stores

and geography. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.

Topical Pain Relief Market Regional Analysis:

The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

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