by The global topical pain management therapeutics in sports medicine market for the historical period 2017–2018 and forecast period 2019–2030, rise in demand for cost-effective and instant pain relief therapeutics by national and international sports players, improved distribution of the pain relief therapeutics in developing countries and introduction of novel pipeline product are projected to drive the global topical pain management therapeutics in sports medicine market during the forecast period
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According to the report, the global topical pain management therapeutics in sports medicine market was valued at US$ 1.6 Bn in 2018 and is anticipated to expand at a CAGR of 8.8% from 2019 to 2030
Increase in Incidence of Musculoskeletal Acute Sports Injuries: Key Drivers
Growing participation of population in sports activities is leading to increase in number of acute sports injuries, which is expected to drive demand for topical pain management therapeutics in sports medicine market
According to the National Health Statistics Reports (NHSR), there were an estimated 10.5 million sports injuries in the U.S. in 2015, of which over 40% (4.2 million) injuries included strains and sprains along with other acute injuries
According to the National Health Statistics Reports (NHSR), there were an estimated 10.5 million sports injuries in the U.S. in 2015, of which over 40% (4.2 million) injuries included strains and sprains along with other acute injuries.
Increase in implementation of guidelines promoting topical boost topical pain management therapeutics in sports medicine market growth
Various agencies in the U.S. and Europe have laid down guidelines for the treatment of osteoarthritis, which emphasize on the use of topical pain relief products as the first line of treatment
These agencies include the American Association of Orthopedic Surgeons (AAOS), the American College of Rheumatology (ACR), the National Institute for Health and Clinical Excellence (NICE, U.K.), the American Pain Society (APS), the European League Against Rheumatism (EULAR), and Osteoarthritis Research Society International (OARSI)
The American College of Rheumatology (ACR), in 2012, implemented guidelines, which suggested use of topical capsaicin and topical NSAID with trolamine salicylate for the treatment of osteoarthritis of hand
Global Topical Pain Management Therapeutics in Sports Medicine Market: Competitive Landscape
This report profiles major players in the global topical pain management therapeutics in sports medicine market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
The global topical pain management therapeutics in sports medicine market is highly fragmented, with the presence of a number of international as well as regional players
Leading players operating in the global topical pain management therapeutics in sports medicine market are
- Teva Pharmaceutical Industries Ltd.
- Pfizer, Inc.
- Hisamitsu Pharmaceutical Co., Inc.
- Mayne Pharma Group Limited
- Sanofi (Chattem, Inc.)
- GlaxoSmithKline plc
- Endo Pharmaceuticals Inc.
- Beiersdorf AG
- Johnson & Johnson Services, Inc.
- Topical BioMedics, Inc.
Key Questions Answered in Global Topical Pain Management Therapeutics in Sports Medicine Market Report
- What is the scope of growth of product companies in the global topical pain management therapeutics in sports medicine market?
- What will be the Y-o-Y growth of the global topical pain management therapeutics in sports medicine market between 2019 and 2027?
- What is the influence of changing trends in technologies on the global topical pain management therapeutics in sports medicine market?
- Will North America continue to be the most profitable market for topical pain management therapeutics in sports medicine providers?
- Which factors are anticipated to hamper the growth of the global topical pain management therapeutics in sports medicine market during the forecast period?
- Which are the leading companies in the global topical pain management therapeutics in sports medicine market?
Global Topical Pain Management Therapeutics in Sports Medicine Market – Segmentation
Product
- Gels
- Creams
- Sprays
- Patches
- Drug in Adhesives
- Matrix
- Reservoirs
- Others
Therapeutic Class
- Analgesics
- Opioids
- Fentanyl
- Buprenorphine
- Others
- Non-opioids
- Lidocaine
- Diclofenac
- Capsaicin
- Methyl Salicylate
- Others
- Anesthetics
- Skeletal Muscle Relaxants
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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