| Product Code: ETC13280591 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global External Analgesics Market was valued at USD 2.3 Billion in 2024 and is expected to reach USD 3.8 Billion by 2031, growing at a compound annual growth rate of 5.50% during the forecast period (2025-2031).
The global external analgesics market is experiencing steady growth driven by increasing incidences of musculoskeletal disorders, sports injuries, and chronic pain conditions. The market encompasses a wide range of products such as topical creams, patches, gels, and sprays that provide temporary relief from pain and inflammation. Factors contributing to market growth include growing geriatric population, rising awareness about pain management, and the availability of over-the-counter analgesic products. North America holds a significant market share due to high healthcare expenditure and advanced healthcare infrastructure. However, the Asia-Pacific region is expected to witness rapid growth due to increasing disposable income, expanding pharmaceutical industry, and a growing emphasis on self-medication. Key players in the global external analgesics market include GlaxoSmithKline, Johnson & Johnson, and Pfizer, among others.
The Global External Analgesics Market is experiencing steady growth driven by factors such as increasing prevalence of muscle and joint pain, rising geriatric population, and growing consumer awareness about self-medication. There is a notable shift towards natural and organic ingredients in external analgesics, catering to the rising demand for safer and more effective products. Manufacturers are also focusing on advanced formulations like patches, sprays, and gels to provide targeted pain relief and convenience to consumers. Additionally, e-commerce platforms are playing a significant role in expanding the market reach and accessibility of external analgesics. Opportunities lie in developing innovative products tailored for specific pain conditions, expanding into emerging markets with growing healthcare infrastructure, and strategic partnerships for distribution and marketing.
One of the key challenges faced in the Global External Analgesics Market is the presence of stringent regulations and standards imposed by regulatory bodies across different regions. These regulations often require extensive testing and approval processes, leading to delays in product launches and increased costs for manufacturers. Additionally, the market is highly competitive with a large number of players offering similar products, leading to pricing pressures and the need for continuous innovation to differentiate products. Moreover, the growing trend of self-medication and the increasing availability of generic external analgesics pose a challenge for established brands in maintaining market share and brand loyalty. Overall, navigating through regulatory hurdles, intense competition, and changing consumer preferences present significant challenges for companies operating in the Global External Analgesics Market.
The Global External Analgesics Market is primarily driven by the increasing prevalence of musculoskeletal disorders, such as arthritis and back pain, leading to a higher demand for topical pain relief products. Additionally, the growing elderly population globally, coupled with rising awareness about the benefits of external analgesics for pain management, is driving market growth. The convenience and ease of application of external analgesics, along with the availability of a wide range of products including creams, patches, gels, and sprays, are further fueling market expansion. Furthermore, the increasing adoption of natural and herbal ingredients in external analgesics due to the rising preference for organic products is also contributing to market growth. Overall, the market is expected to continue growing as consumers seek effective and convenient solutions for pain relief.
Government policies related to the Global External Analgesics Market vary by region and country. In the United States, external analgesics are regulated by the Food and Drug Administration (FDA) under the Over-the-Counter (OTC) Drug Review process. The FDA evaluates the safety and effectiveness of active ingredients in external analgesics and sets guidelines for labeling and marketing. In the European Union, external analgesics are regulated under the European Medicines Agency (EMA) and must adhere to strict quality and safety standards. In emerging markets like China and India, government policies focus on registration requirements, quality control, and pricing regulations for external analgesics. Overall, government policies play a crucial role in ensuring the safety, efficacy, and quality of external analgesics in the Global Market.
The Global External Analgesics Market is expected to witness steady growth in the coming years, driven by factors such as the increasing prevalence of musculoskeletal disorders, rising geriatric population, and growing consumer inclination towards self-medication for minor aches and pains. The market is also likely to benefit from the expanding availability of over-the-counter topical pain relief products and the continuous innovations in formulations and delivery mechanisms. Moreover, the rising awareness about the effectiveness of external analgesics for quick pain relief and the increasing adoption of natural and herbal ingredients in these products are anticipated to further propel market growth. However, regulatory challenges and intense competition among key players may pose some restraints. Overall, the Global External Analgesics Market is poised for expansion, with opportunities for market players to capitalize on the growing demand for topical pain relief solutions.
The Global External Analgesics Market shows varying trends across regions. Asia is expected to witness significant growth driven by a large population base, increasing healthcare awareness, and rising disposable incomes. North America holds a prominent market share due to the high prevalence of chronic pain conditions and the presence of key market players. In Europe, the market is driven by the aging population and the growing demand for topical pain relief products. The Middle East and Africa region is poised for steady growth due to improving healthcare infrastructure and rising consumer awareness. Latin America is experiencing growth due to the increasing adoption of external analgesics for pain management. Overall, the Global External Analgesics Market is projected to expand across all regions, with Asia leading in terms of growth potential.
Global External Analgesics Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global External Analgesics Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global External Analgesics Market Revenues & Volume, 2021 & 2031F |
3.3 Global External Analgesics Market - Industry Life Cycle |
3.4 Global External Analgesics Market - Porter's Five Forces |
3.5 Global External Analgesics Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global External Analgesics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global External Analgesics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global External Analgesics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global External Analgesics Market Trends |
6 Global External Analgesics Market, 2021 - 2031 |
6.1 Global External Analgesics Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global External Analgesics Market, Revenues & Volume, By Hot/Cold Products, 2021 - 2031 |
6.1.3 Global External Analgesics Market, Revenues & Volume, By Disposable, 2021 - 2031 |
6.1.4 Global External Analgesics Market, Revenues & Volume, By Non-Disposable, 2021 - 2031 |
6.1.5 Global External Analgesics Market, Revenues & Volume, By Kinesiology Tape, 2021 - 2031 |
6.1.6 Global External Analgesics Market, Revenues & Volume, By Heating Pads, 2021 - 2031 |
6.1.7 Global External Analgesics Market, Revenues & Volume, By TENS Devices, 2021 - 2031 |
6.1.8 Global External Analgesics Market, Revenues & Volume, By Red Light Therapy/ Infrared Therapy, 2021 - 2031 |
6.2 Global External Analgesics Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global External Analgesics Market, Revenues & Volume, By Retail/Brick & Mortar, 2021 - 2031 |
6.2.3 Global External Analgesics Market, Revenues & Volume, By E-Commerce, 2021 - 2031 |
6.2.4 Global External Analgesics Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America External Analgesics Market, Overview & Analysis |
7.1 North America External Analgesics Market Revenues & Volume, 2021 - 2031 |
7.2 North America External Analgesics Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) External Analgesics Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada External Analgesics Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America External Analgesics Market, Revenues & Volume, 2021 - 2031 |
7.3 North America External Analgesics Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America External Analgesics Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) External Analgesics Market, Overview & Analysis |
8.1 Latin America (LATAM) External Analgesics Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) External Analgesics Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil External Analgesics Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico External Analgesics Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina External Analgesics Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM External Analgesics Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) External Analgesics Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) External Analgesics Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia External Analgesics Market, Overview & Analysis |
9.1 Asia External Analgesics Market Revenues & Volume, 2021 - 2031 |
9.2 Asia External Analgesics Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India External Analgesics Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China External Analgesics Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan External Analgesics Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia External Analgesics Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia External Analgesics Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia External Analgesics Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa External Analgesics Market, Overview & Analysis |
10.1 Africa External Analgesics Market Revenues & Volume, 2021 - 2031 |
10.2 Africa External Analgesics Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa External Analgesics Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt External Analgesics Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria External Analgesics Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa External Analgesics Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa External Analgesics Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa External Analgesics Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe External Analgesics Market, Overview & Analysis |
11.1 Europe External Analgesics Market Revenues & Volume, 2021 - 2031 |
11.2 Europe External Analgesics Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom External Analgesics Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany External Analgesics Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France External Analgesics Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe External Analgesics Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe External Analgesics Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe External Analgesics Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East External Analgesics Market, Overview & Analysis |
12.1 Middle East External Analgesics Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East External Analgesics Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia External Analgesics Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE External Analgesics Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey External Analgesics Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East External Analgesics Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East External Analgesics Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global External Analgesics Market Key Performance Indicators |
14 Global External Analgesics Market - Export/Import By Countries Assessment |
15 Global External Analgesics Market - Opportunity Assessment |
15.1 Global External Analgesics Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global External Analgesics Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global External Analgesics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global External Analgesics Market - Competitive Landscape |
16.1 Global External Analgesics Market Revenue Share, By Companies, 2024 |
16.2 Global External Analgesics Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |