A new market research report on
the U.S. Topical Pain Relief market has introduced by KD Market
Insights. The report is dedicated to in-depth industry analysis of the U.S.
Topical Pain Relief market. The U.S. Topical Pain
Relief analysis is broken
down on different segmentation levels including Market By Therapeutic Class, By Type, By Formulation, By Distribution Channel.
The U.S. topical pain relief market size
was valued at $2,324 million in 2017 and is projected to reach $3,730 million
by 2025 at a CAGR of 6.0% from
2018 to 2025.
Pain
is a distressing feeling, which is usually caused by intense or damaging
stimuli. Pain is most prevalent symptom associated with most of chronic
conditions. Pain management involves the employment of medications or
analgesics and therapies to treat several pain conditions. Whenever, these
medications are applied directly to the skin they are known as topical pain
relief. These analgesics include non-steroidal anti-inflammatory drugs,
anesthetics, capsaicin, and opioids. These medications are present as creams,
ointments, gels, and transdermal patches. They are mostly available as over the
counter (OTC) products while some are available through prescription only.
The growth of the U.S. topical pain relief market is majorly
driven by increase in prevalence of arthritis and other bone-related
conditions, diabetic neuropathy, leading to pain. Other factors that boost the
market growth include rise in adoption of topical pain relief products as they
cause lesser side effects as compared to oral pain relief, upsurge in geriatric
population across the U.S., and increase in demand for topical pain relief by
sports players. However, factors such as topical pain relief medications can
cause irritated skin and they have a strong odor or unpleasant smell that
hamper the market growth. Conversely, the development of online platform for
the topical therapeutics is expected to provide lucrative growth opportunities
for the market.
Market segmentation
The
U.S. topical pain relief market is segmented based on therapeutic class, type,
formulation, and distribution channel. On the basis of therapeutic class, the
market is segmented into non-opioids and opioids. The non-opioids segment is
further divided into nonsteroidal anti-inflammatory drugs (NSAIDS), methyl
salicylate, capsaicin, lidocaine, and other non-opioids. The opioids segment is
further bifurcated into buprenorphine and fentanyl. Non-opioids segment
accounted for the largest U.S. topical pain relief market share in 2017, and is
expected to continue this trend throughout the forecast period owing to high
preferability and easy availability of non-opioids drugs.
By
type, the U.S. topical pain relief market is segmented into prescription pain
relief and over-the-counter (OTC) relief. Over-the-counter pain relief segment
accounted for the largest market share in 2017 due to easy availability and
high demand for topical pain relief products by sportsperson. Based on
formulation, the market is classified into cream, gel, spray, patch, and
others. Cream-based pain relief segment accounted for the largest market share
in 2017 owing to high availability of these products with high success rate and
lesser side effects. On the other hand, patch pain relief segment is expected
to grow at a CAGR of 7.6% during the forecast period.
The
distribution channels covered in the study include pharmacies & drug
stores, e-commerce, and retail & grocery stores. Pharmacies & drug
stores are the major revenue contributors in the U.S. topical pain relief
market due to higher presence and wide availability of drugs. On the other
side, e-commerce segment is anticipated to exhibit fastest U.S. topical pain
relief market growth during the forecast period owing to higher digital
literacy among the population. Moreover, these pharmacies offer various
advantages such as fewer expenses, more convenience, price comparisons, and
easy access to patient reviews, which drive the market growth of this segment.
The key players of this market include
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.
Key Benefits for US topical pain
relief market:
- The study provides an in-depth analysis of the current U.S. topical pain relief market trends and future estimations from 2017 to 2025 to elucidate the imminent investment pockets.
- Comprehensive analysis of factors that drive and restrict the U.S. topical pain relief market growth is provided.
- Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a U.S. scale are provided.
- Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
- The study provides an in-depth analysis of the current U.S. topical pain relief market trends and future estimations from 2017 to 2025 to elucidate the imminent investment pockets.
- Comprehensive analysis of factors that drive and restrict the U.S. topical pain relief market growth is provided.
- Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a U.S. scale are provided.
- Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
US topical pain relief Key market
segments:
By Therapeutic Class
- Non-opioids
- - - Non-steroidal Anti-Inflammatory Drugs (NSAIDS)
- - - Methyl Salicylate
- - - Capsaicin
- - - Lidocaine
- - - Other Non-opioids
- Opioids
- - - Buprenorphine
- - - Fentanyl
- Non-opioids
- - - Non-steroidal Anti-Inflammatory Drugs (NSAIDS)
- - - Methyl Salicylate
- - - Capsaicin
- - - Lidocaine
- - - Other Non-opioids
- Opioids
- - - Buprenorphine
- - - Fentanyl
By Type
- Prescription Pain Relief
- Over-the-counter (OTC) Pain Relief
- Prescription Pain Relief
- Over-the-counter (OTC) Pain Relief
By Formulation
- Cream
- Gel
- Spray
- Patch
- Others
- Cream
- Gel
- Spray
- Patch
- Others
By Distribution Channel
- Pharmacies & Drug Stores
- E-commerce
- Retail & Grocery Stores
- Pharmacies & Drug Stores
- E-commerce
- Retail & Grocery Stores
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Table of Content
CHAPTER 1: INTRODUCTION
1.1.
Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.2. Key benefits for stakeholders
1.3. Key market segments
1.3.1.
List of key players profiled in the report
1.4.
Research methodology
1.4.1.
Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.
Key findings of the study
2.2. CXO perspective
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1.
Market definition and scope
3.2. Key findings
3.2. Key findings
3.2.1.
Top investment pockets
3.3.
Top player positioning, 2017
3.4. Market dynamics
3.4. Market dynamics
3.4.1.
Drivers
3.4.1.1.
Increase in prevalence of arthritis
3.4.1.2. Growth in geriatric population
3.4.1.3. High demand for topical pain relief products by sportsperson
3.4.1.4. Lesser side effects caused by topical pain relief products as compared to oral medicines
3.4.1.2. Growth in geriatric population
3.4.1.3. High demand for topical pain relief products by sportsperson
3.4.1.4. Lesser side effects caused by topical pain relief products as compared to oral medicines
3.4.2.
Restraints
3.4.2.1.
Topical pain relief sometimes cause skin irritants
3.4.2.2. Topical pain relief is characterized by unpleasant odor
3.4.2.2. Topical pain relief is characterized by unpleasant odor
3.4.3.
Opportunities
3.4.3.1.
Emergence of online pharmacy
3.4.4.
Impact analysis
3.5.
U.S. patent analysis by year (2014-2019)
CHAPTER 4: U.S. TOPICAL PAIN RELIEF
MARKET, BY THERAPEUTIC CLASS
4.1.
Overview
4.1.1.
Market size and forecast
4.2.
Non-opioids
4.2.1.
Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by type
4.2.2. Market size and forecast, by type
4.2.2.1.
Nonsteroidal anti-inflammatory drugs (NSAIDS)
4.2.2.1.1.
Market size and forecast
4.2.2.2.
Methyl salicylates
4.2.2.2.1.
Market size and forecast
4.2.2.3.
Capsaicin
4.2.2.3.1.
Market size and forecast
4.2.2.4.
Lidocaine
4.2.2.4.1.
Market size and forecast
4.2.2.5.
Other non-opioids
4.2.2.5.1.
Market size and forecast
4.3.
Opioids
4.3.1.
Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by type
4.3.2. Market size and forecast, by type
4.3.2.1.
Buprenorphine
4.3.2.1.1.
Market size and forecast
4.3.2.2.
Fentanyl
4.3.2.2.1.
Market size and forecast
CHAPTER 5: U.S. TOPICAL PAIN RELIEF
MARKET, BY FORMULATION
5.1.
Overview
5.1.1.
Market size and forecast
5.2.
Cream
5.2.1.
Market size and forecast
5.3.
Gel
5.3.1.
Market size and forecast
5.4.
Spray
5.4.1.
Market size and forecast
5.5.
Patch
5.5.1.
Market size and forecast
5.6.
Others
5.6.1.
Market size and forecast
CHAPTER 6: U.S. TOPICAL PAIN RELIEF
MARKET, BY TYPE
6.1.
Overview
6.1.1.
Market size and forecast
6.2.
Prescription pain relief
6.2.1.
Market size and forecast
6.3.
Over-the-counter pain relief
6.3.1.
Market size and forecast
CHAPTER 7: U.S. TOPICAL PAIN RELIEF
MARKET, BY DISTRIBUTION CHANNEL
7.1.
Overview
7.1.1.
Market size and forecast
7.2.
Pharmacies & drug stores
7.2.1.
Market size and forecast
7.3.
e-Commerce
7.3.1.
Market size and forecast
7.4.
Retail & grocery stores
7.4.1.
Market size and forecast
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150 State Street, Albany,
New York, USA 12207
+1 (518) 300-1215
Email: sales@kdmarketinsights.com
Website: www.kdmarketinsights.com
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