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According to The Insight Partners’ Latest Study on “Analgesic Creams Market Forecast to 2028″ Includes COVID-19 Impact and Global Analysis By Type (Prescription Pain Relief, Over-the-counter (OTC) Pain Relief); By Therapeutic Class (Opioids, Non-opioids); Distribution Channel (Pharmacies and Drug Stores, E-Commerce, Retail and Grocery Stores) and Geography
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.
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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.
Industry Segments:
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 Analysis:
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.
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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.
Top Players are:
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.
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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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