openPR Logo
Press release

Global Topical Pain Relief Market Expected to Reach $12.2 Billion by 2027

04-25-2024 01:43 PM CET | Health & Medicine

Press release from: allied market research

Global Topical Pain Relief Market Expected to Reach $12.2

The global topical pain relief market, which was valued at $8,864.0 million in 2019, is poised for significant growth according to recent market research. Projections indicate that the market will reach $12,219.7 million by 2027, representing a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027.

Topical pain relief products have gained popularity among consumers seeking effective and convenient solutions for managing pain associated with various conditions, including arthritis, muscle strains, backaches, and sports injuries. The market growth is driven by several factors, including an aging population, increasing prevalence of chronic pain conditions, and rising awareness about non-invasive pain management options.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-sample/4663

๐Š๐ž๐ฒ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ญ๐ซ๐ž๐ง๐๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ญ๐ก๐ข๐ฌ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:

Growing Aging Population: The aging population globally is more susceptible to chronic pain conditions, leading to increased demand for topical pain relief products.

Rising Prevalence of Chronic Diseases: Conditions such as arthritis and diabetes contribute to a higher incidence of chronic pain, fueling the demand for topical pain relief solutions.

Preference for Non-Opioid Pain Management: With growing concerns about opioid misuse and addiction, consumers are increasingly turning to non-opioid alternatives like topical pain relief products.

Advancements in Formulations: Manufacturers are innovating with advanced formulations incorporating ingredients like menthol, capsaicin, and lidocaine, offering enhanced efficacy and targeted pain relief.

The global topical pain relief market is highly competitive and characterized by the presence of key players such as Pfizer Inc., Johnson & Johnson, GlaxoSmithKline plc, and Sun Pharmaceutical Industries Ltd., among others.

These companies are focused on strategic initiatives such as product launches, acquisitions, and partnerships to strengthen their market presence.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/topical-pain-relief-market/purchase-options

As the market continues to evolve, there are significant opportunities for growth and innovation. Market participants are expected to leverage technological advancements and consumer preferences to develop novel products that address the diverse needs of pain sufferers worldwide.

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐…๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ

This report provides a detailed quantitative analysis of the current trends and future estimations from 2019 to 2027, which assist to identify the prevailing topical pain relief market opportunities.

An in-depth topical pain relief market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.

A comprehensive analysis of factors that drive and restrain the growth of the global is provided.

Region-wise and country-wise market conditions are comprehensively analyzed in this report.

The projections in this report are made by analyzing the current trends and future topical pain relief market potential from 2019 to 2027, in terms of value.

An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

About Us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Topical Pain Relief Market Expected to Reach $12.2 Billion by 2027 here

News-ID: 3476488 • Views: โ€ฆ

More Releases from allied market research

Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032
Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion โ€ฆ
Allied Market Research published a new report, titled, "Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determineโ€ฆ
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
The global marketing technology market is experiencing growth due to several factors, including the increasing digital transformation, the surge in demand for personalized experience, and the proliferation of automation and efficiency. However, data privacy and compliance, and the high cost of implementation are expected to hamper market growth. Furthermore, the growing integration of AI and ML technologies and the increase in demand for real-time marketing are anticipated to provide lucrativeโ€ฆ
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Bi โ€ฆ
Allied Market Research published a new report, titled, "Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry andโ€ฆ
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billion by 2031
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billi โ€ฆ
The Market report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market. The global Digital Educational Publishing Market was valued at $9.9 billion in 2021, and is projected to reach $41.5 billion by 2031, growing atโ€ฆ

All 5 Releases


More Releases for Topical

Topical Pain Management Therapeutics Market Size Analysis by Application, Type, โ€ฆ
According to Market Research Intellect, the global Topical Pain Management Therapeutics market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The topical pain management therapeutics market is witnessing strong growth due to the increasing preference forโ€ฆ
Top Factor Driving Topical Wound Agents Market Growth in 2025: Road Accidents Dr โ€ฆ
Get 20% OFF on all 2025 Global Market Reports until March 31st! Apply code FY25SAVE and grab your savings today! โ€ฆ
Topical Corticosteroids Market: A Comprehensive Overview
Introduction Topical corticosteroids are a class of medications widely used in dermatology to manage various inflammatory skin conditions. These drugs are primarily applied directly to the skin to reduce inflammation, redness, and itching caused by conditions like eczema, psoriasis, dermatitis, and other allergic reactions. The market for topical corticosteroids has grown significantly over the years, driven by increasing awareness of skin conditions, advancements in drug formulations, and the rising prevalence ofโ€ฆ
Topical Drug Delivery Market Size, Future Trends
๐”๐’๐€, ๐๐ž๐ฐ ๐‰๐ž๐ซ๐ฌ๐ž๐ฒ: Topical Drug Delivery Market size was valued at USD 95.20 Billion in 2020 and is projected to reach USD 155.20 Billion by 2028, growing at a CAGR of 6.3 % from 2021 to 2028. Market Overview for Topical Drug Delivery Market Topical Drug Delivery Market OverviewThe topical drug delivery market is experiencing significant growth driven by advancements in pharmaceutical research and the increasing demand for localized treatment options. Thisโ€ฆ
Topical Drug Delivery Market Unlocking Potential Advanced Technologies Driving T โ€ฆ
Topical Drug Delivery Market to reach over USD 418.70 billion by the year 2031 - Exclusive Report by InsightAce Analytic InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Topical Drug Delivery Market Size, Share & Trends Analysis Report By Type (Semi-solids (Creams, Gels, Lotions), Solids (Suppositories), Liquids (Solutions), Transdermal Products), Route (Dermal, Ophthalmic), Facility of Use (Homecare setting, Hospitals, Burn Centres), Region, Market Outlookโ€ฆ
Hydrocortisone Topical Market 2021 | Detailed Report
Hydrocortisone Topical Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027. Get Free Sample PDF (including full TOC, Tables and Figures) of Hydrocortisone Topical Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4671416 The report provides a comprehensive analysis of company profiles listed below: - Taro Pharmaceutical Industries - Sun Pharmaceutical Industries -โ€ฆ