Topical Pain Management Therapeutics in Sports Medicine Market Expected to Behold a CAGR of 8.9% through 2017 – 2025

Global Topical Pain Management Therapeutics in Sports Medicine Market: Snapshot

Topical pain management therapeutics are specialty products that are used to relieve acute musculoskeletal pain or general sprains or strains. The therapeutics involve various drug classes such as analgesics, anesthetics, and skeletal muscle relaxants. Topical pain relievers are becoming increasingly popular in sports category owing to their site-specific action, cost-effectiveness, instant pain relief, and availability in the OTC segment. These are available in the form of gels, sprays, creams, and patches. The global market for topical pain management therapeutics in sports medicine was worth US$ 1,400.0 Mn in 2016, with analgesics therapeutics class dominating the overall global market.

The global topical pain management therapeutics in sports medicine market is witnessing a significant growth and is expected to expand at substantial CAGR during the forecast period of 2017–2025. Rise in demand for cost-effective and instant pain relief therapeutics by national and international sports players, introduction of novel pipeline product, emergence of online platform for the topical therapeutics, improved distribution of the pain relief therapeutics in developing countries etc. are some of the factors driving the growth of global topical pain management therapeutics in sports medicine market.

Request A Sample-

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38282

Gel Segment Emerges Dominant among Product Type Holding Largest Market Share

The global topical pain management therapeutics in sports medicine market is segmented on the basis of product, therapeutic class and regions. Based on the product type, the gel segment accounted for over 40% share in terms of value of the global topical pain management therapeutics in sports medicine market, in 2016. The segment is anticipated to dominate the global topical pain management therapeutics in sports medicine market throughout the forecast period due rise in number of local players offering cost effective gel formulation for pain management.

Leave a Reply