Topical Pain Relief Gel Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2027

The global topical pain relief gel market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Topical pain relief gels are rubbed in or applied onto the skin. It supports to relieve pain from muscles or joints. The major factor for the growth of the market is the Increasing prevalence of arthritis as well as other bone-related conditions along with diabetic neuropathy that leads to pain.

Moreover, the market is also growing due to the new product launches. For instance, in January 2020, GlaxoSmithKline plc announced the launch of Iodex UltraGel. It is a clinically proven gel-based body pain solution that reduces internal swelling and gives 3X effective relief. Furthermore, in September 2017, Sanofi launched Combiflam Icyhot, an over-the-counter product. It is available in two formats, gel and sprays for instant and long-lasting relief to people suffering from muscle pains and sprains.

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Some major players in the market include GlaxoSmithKline Plc (GSK), Johnson & Johnson, and Novartis International AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in February 2020, GlaxoSmithKline announced the approval of Voltaren Arthritis Pain (diclofenac sodium topical gel, 1% (NSAID)- arthritis pain reliever) as an over-the-counter (OTC) product from the US FDA for the temporary relief of arthritis pain in the hand, wrist, elbow, foot, ankle or knee in adults of 18 years and older.

Market Coverage

• The market number available for - 2020-2027

• Base year- 2020

• Forecast period- 2021-2027

Segment Covered-

· By Type

· By Distribution Channel

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- GlaxoSmithKline Plc (GSK), Johnson & Johnson, and Novartis International AG, among others.

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Global Topical Pain Relief Gel Market Report by Segment

By Type

• Prescription Pain Relief Gel

• Over-the-counter (OTC) Pain Relief Gel

By Distribution Channel

• Pharmacies & Drug Stores

• E-commerce

• Retail & Grocery Stores

Global Topical Pain Relief Gel Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

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