Analgesics creams are used to treat the muscles or joints with minor aches and pains (e.g., arthritis, backache, sprains). It consists of menthol and methyl salicylate, known as counterirritants, and they work by causing the skin to feel relaxed and warm. These are administered directly to the skin's epidermal layer in the area of pain or inflammation.
MARKET DYNAMICS
The growth of the global topical pain relief market is majorly driven by an increase in the prevalence of arthritis and other bone-related conditions, an upsurge in the geriatric population globally, and a growth in topical demand for pain relief by sports players. However, analgesic cream's side effects like a burning sensation, skin irritation, and allergic reactions can hamper the market growth.
MARKET SCOPE
The "Analgesics Creams Market Analysis to 2028" is a specialized and in-depth study of the Pharmaceuticals industry with a special focus on the global market trend analysis. The report aims to provide an overview of analgesics creams market with detailed market segmentation with type, by distribution channel and by therapeutic class. The analgesics creams market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in analgesics creams market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The analgesics creams market is segmented on the basis of type, by distribution channel and by therapeutic class. On the basis of type, analgesics creams market is divided into prescription pain relief and over-the-counter (otc) pain relief. On the basis of therapeutic class, analgesics creams market is bifurcated into opioids and non-opioids. Based on distribution channel, the analgesics creams market can be segmented as pharmacies and drug stores, e-commerce; and retail and grocery stores.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the analgesic's creams market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The analgesics creams market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting analgesics creams market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the analgesics creams market in these regions.
MARKET PLAYERS
The report covers key developments in analgesics creams market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from analgesics creams market are anticipated to have lucrative growth opportunities in the future with the rising demand for analgesics creams services in the global market. Below mentioned is the list of few companies engaged in the analgesics creams market.
The report also includes the profiles of key players analgesics creams market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Novartis AG
- GlaxoSmithKline Plc.
- Pfizer Inc.
- Sanofi S.A.
- Sun Pharmaceutical Industries Ltd.
- Johnson and Johnson
- Reckitt Benckiser Group Plc.
- Topical BioMedics, Inc.
- AdvaCare Pharma
- Nestle S.A.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.