Report Code: A04494 | Nov 2023 | Pages: NA | ||
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Request Now !Pain is caused by potential tissue damage as a result of injury. Moreover, pain is the most prevalent symptom associated with most of chronic conditions. Pain management involves employment of medications to treat several painful conditions. Topical pain relief creams are applied on the external surface of skin by a rubbing action. These creams are applied for pain management in muscle cramps, sprains, tendon injuries, arthritis, spinal disorders, severe limb trauma, and osteoarthritis. Application of the topical creams directly to the aching or concerned area allows the skin to absorb the medication’s ingredients, resulting in faster relief as compared to the oral medication that need to work through the bloodstream to relieve the pain. Thus, topical creams are most beneficial on muscles and joints that are close to the skin surface, as this results in quick absorption of the drug. Moreover, these creams have lesser side effects as they do not require circulation or gastrointestinal absorption through the bloodstream. Moreover, oral medications affect the pain sensitivity of the entire body, whereas topical pain relief creams provide relief where it is needed the most.Â
According to an estimate of the data published by the Arthritis Foundation, about 54 million adults in the U.S. have doctor-diagnosed arthritis. Almost 300,000 babies and children suffer from arthritis or rheumatic condition. The most common type of arthritis is osteoarthritis, which affects an estimate of 31 million Americans. Number of people expected to have doctor-diagnosed arthritis by the year 2040 is more than 78 million. Thus, rise in prevalence of arthritis is expected to fuel the growth of the global topical pain relief cream market.Â
The growth of the global topical pain relief cream market is further driven by increase in prevalence of cancer pain and other bone-related conditions. Furthermore, rise in adoption of topical pain relief products propels the market growth, as they cause lesser side effects in comparison to oral pain relief. Moreover, upsurge in geriatric population across the world and increase in demand for topical pain relief by sports players supplement the growth of the market. However, topical pain relief medications can cause skin irritation, which limits their adoption. In addition, they have a strong, unpleasant odor, which hampers their adoption, thereby restraining the growth of the market. Conversely, the development of online platform for the topical therapeutics and high potential in untapped markets in the emerging economies are expected to provide lucrative growth opportunities for the topical pain relief cream industry.Â
The global topical pain relief cream market is segmented into brand and region. On the basis of brand, the global topical pain relief cream market is categorized into Ultra-Strength Cream, Icy Hot Cream, The Rub, Capzasin-Hp Cream, Aspercreme, Sportscreme, Myoflex Cream, and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, Italy, Spain, France, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).Â
Major players operating in the topical pain relief cream market include Pfizer, Inc., Nutramarks, Inc., Sanofi S. A., Johnson and Johnson, Glaxosmithkline Plc, Topical Biomedics, Inc., Exzell Pharma, and Reckitt Benckiser Group Plc.
Topical Pain Relief Cream Market Report Highlights
Aspects | Details |
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By Brand |
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By Region |
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Key Market Players | Nutramarks Inc., Glaxosmithkline Plc, Johnson and Johnson, Reckitt Benckiser Group Plc., Company 9, Pfizer Inc., Sanofi S. A., Company 10, Exzell Pharma, Topical Biomedics Inc. |
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