Topical Pain Relief Segmentation
Product Segment Analysis
Based on product, the patches segment is expected to garner the highest share of 32.8% in the topical pain relief market by the end of 2037. The dominance of the segment is attributable to the fast-rising demand for pain relief therapeutics among the aging population across the world due to their higher efficacy. Besides, in 2023 CDC states that 25.3% of adults in the U.S will be using the pain relief patches by 2030. Moreover, the governing bodies, such as the U.S. FDA, are offering support with fast-track designations, thus augmenting the segment’s growth.
Distribution Channel Segment Analysis
Based on the distribution channel, the over-the-counter segment is projected to grow at a considerable rate in the topical pain relief market during the forecast period. In this regard, as per a WHO report in 2024, the dominance of the segment is attributable to the self-care trends and convenience, particularly in developing nations such as India and China, where maximum sort of topical pain relief therapeutics is purchased without any prescription. Moreover, it allows for to conservation of nearly USD 25.6 billion by reducing the medical visits.
Our in-depth analysis of the global topical pain relief market includes the following segments:
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