Global Topical Pain Relief Market Size, Forecast, and Trend Highlights Over 2025-2037
Topical Pain Relief Market size was valued at USD 12.9 billion in 2024 and is projected to reach USD 25.4 billion by the end of 2037, rising at a CAGR of 6.2% during the forecast period, i.e., 2025-2037. In 2025, the industry size of topical pain relief is estimated at USD 13.8 billion.
The global topical pain relief market is gaining immense exposure mainly due to its large consumer base suffering from arthritis, musculoskeletal disorders, and post-surgical pain. For instance, as reported by the Centers for Disease Control and Prevention in 2023, above 58.9 million adults in the U.S. are affected by arthritis, which creates a strong necessity for topical pain relief therapeutics in the country. In this context, in 2024, the U.S. Bureau of Labor Statistics notified that the producer price index for analgesic manufacturing increased by 3.6% in a year, highlighting the inflation in raw material and logistic costs, thus uplifting the market expansion.
Furthermore, the topical pain relief therapeutics require the raw materials, which are primarily imported from China, which is stated to be 42.8%, and from India, 28.6%. According to a WHO report in 2023, these finished goods are predominantly exported to North America and Europe. In 2024, the U.S. International Trade Commission reported that the U.S. imports 1.8 billion worth of pain relief therapeutics and exports 1.2 billion, highlighting the trade deficit in the region. Furthermore, NIH assigned USD 680.5 million towards non opioid pain management research in 2024. Hence, these factors significantly contribute to the market progression by 2037.
