New York, NY -- (SBWire) -- 02/26/2020 --The Topical Pain Relief industry comprises several predictions regarding production, revenue, CAGR, gross margin, profit, market size, and others. Buyers and business owners can hence, ideally plan future profitable strategies and strengthen their market presence in the Topical Pain Relief industry. The report is not only beneficial to the manufacturing companies and stakeholders, but also useful for the field executives to decide the right promotional strategies for new offerings and generate significant product demand.
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Topical Pain Relief Market is anticipated to grow at a CAGR of 6.8% from 2019 to 2030
Major Key Players:AdvaCare Pharma, GlaxoSmithKline plc., Johnson & Johnson Services, Inc., Nestlé, Novartis AG, Pfizer Inc., Reckitt Benckiser Group plc, Sanofi, Sun Pharmaceutical Industries Ltd., The Feel Good Lab, LLC., and others.
By Therapeutic Class:
Non-opioids and Opioids
By Formulation:
Cream, Gel, Spray, and Patch
By Type:
Prescription Pain Relief and Over-The-Counter Pain Relief
By Distribution Channel:
Pharmacies & Drug Stores, e-Commerce, and Retail & Grocery Stores
By Application:
Pharmacies & Drug Stores,e-Commerce,Retail & Grocery Stores
Topical Pain Relief Market by Region:
North America, Europe, Asia-Pacific, and the Rest of the World (ROW).
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Other factors like growing geriatric population across the planet , as topical pain relief are widely accepted among elderly population who have persistent pain and need treatment with none side effects. consistent with American Osteopathic Association, geriatric home residents have a good higher prevalence of pain, which is estimated to be between 45% and 80% as they're more likely to possess arthritis, bone and joint disorders, cancer, and other chronic disorders related to pain. Moreover, increasing investments by leading companies for the event of the topical pain relief helping boost the market growth. Also other benefit offered by topical pain relief like fewer side effects compared to oral pain relievers which causes side effects like gastrointestinal problem, indigestion , ulcers, bleeding and kidney damage making consumers use topical pain relief over oral pain relief, helps the expansion of the market.
The updated data for the Topical Pain Relief Market Report include:
-Overall Topical Pain Relief market size, 2019-2026
-Topical Pain Relief market size by product segment, 2019-2026
-Growth rates of the overall Topical Pain Relief market and different product segments, 2019-2030
-Shares of different product segments of the overall Topical Pain Relief market, 2019, 2026 and 2030
-Market Potential Rates of the overall Topical Pain Relief market and different product segments
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Topical Pain Relief Market Study, 2019-2030 - Increasing in Demand for Pain Relief and Chronic Diseases: Novartis AG, Pfizer Inc.