Press Release
Press Release
According to a new report by EMR titled, ‘The United States Topical Pain Relief Market Report and Forecast 2024-2032’, the market was estimated at USD 3.30 billion in 2023. The topical pain relief market in the US is expected to achieve USD 6.95 billion by 2032, expanding at a CAGR of 8.6% between 2024 and 2032.
Topical pain relief medications offer targeted relief by directly applying them over the inflamed and painful area. These formulations, containing analgesic or anaesthetic agents, gradually release medication into the bloodstream, maintaining relatively constant blood levels for sustained pain relief. They entail fewer side effects compared to oral medications, which is aiding the United States topical pain relief market.
In the U.S., the market is driven by factors like increasing arthritis prevalence, diabetic neuropathy, and the preference for topical products due to their reduced side effects.
As diabetic neuropathic pain (DNP) significantly impacts the quality of life of patients, the demand for effective medications to treat the same is increasing. While oral treatment is widely used for treating DNP, it often results in side effects. Thus, alternative methods are being explored, with topical use of drugs gaining significant interest for treating DNP.
According to the International Diabetes Federation, in the United States, there were only 15.28 million individuals affected by diabetes in 2000, which reached 32.22 million in 2021. This accounted for an increase of 111% in 21 years in the country. It is further expected to affect about 36.29 million in 2045.
Cream-based formulations are particularly popular due to their ease of use and fewer side effects. E-commerce is rapidly emerging as a key distribution channel, supported by wide internet accessibility, further fueling market growth. However, challenges like potential skin irritation and unpleasant odours exist. The rise of online platforms for topical therapeutics presents promising opportunities for the market expansion.
Further, the launch of new products is shaping the market dynamics of the US tropical pain relief market. In August 2023, Kenvue Inc. (NYSE: KVUE) launched its new Tylenol® Precise™ Pain Relieving Cream. Additionally, Kenvue will showcase Motrin® Dual Action with Tylenol®, a combination pill providing up to 8 hours of pain relief, based on consumer insights gathered by Tylenol®, the leading Doctor Recommended Brand for Pain Relief.
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The major players in the United States topical pain relief market are AdvaCare Pharma, GlaxoSmithKline Plc., Johnson & Johnson Services, Inc., Pfizer Inc., Reckitt Benckiser Group PLC, Novartis AG, Sanofi, and Sun Pharmaceutical Industries Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Therapeutic Class |
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Breakup by Formulation |
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Breakup by Type |
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Breakup by Distribution Channel |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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