Press release
Topical Pain Relief Gel Market Size, Share, Industry Growth, Analysis and Forecast 2022-2028
The global topical pain relief gel market is anticipated to grow at a significant CAGR during the forecast period. 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.To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/topical-pain-relief-gel-market
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.
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-
o By Type
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- GlaxoSmithKline Plc (GSK), Johnson & Johnson, and Novartis International AG, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
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
A full report of Topical Pain Relief Gel Market is available at: https://www.omrglobal.com/industry-reports/topical-pain-relief-gel-market
Topical Pain Relief Gel Market- Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• GlaxoSmithKline Plc (GSK)
• Johnson & Johnson
• Novartis International AG
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Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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