Topical Analgesics Market

By Drug Type;

Non Opioid-[Nonsteroidal anti-inflammatory drugs (NSAIDS), Capsaicin, Lidocaine, Methyl salicylates and Others], Opioids and Others

By Formulation;

Cream, Patch, Spray, Gel and Others

By Type;

Over the Counter (OTC) Analgesic and Prescription Analgesic

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn530677354 Published Date: August, 2025

Topical Analgesics Market Overview

Topical Analgesic Market (USD Million)

Topical Analgesic Market was valued at USD 8665.58 million in the year 2024. The size of this market is expected to increase to USD 13915.02 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.


Topical Analgesics Market

*Market size in USD million

CAGR 7.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.0 %
Market Size (2024)USD 8665.58 Million
Market Size (2031)USD 13915.02 Million
Market ConcentrationMedium
Report Pages375
8665.58
2024
13915.02
2031

Major Players

  • Hisamitsu
  • Mylan
  • Johnson & Johnson
  • Actavis
  • Lingrui
  • Teikoku Seiyaku
  • Sanofi
  • Novartis
  • THE PURE SOURCE
  • Mercury Healthcare
  • Hisamitsu
  • Qizheng
  • Endo

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Topical Analgesics Market

Fragmented - Highly competitive market without dominant players


The Topical Analgesics Market is expanding rapidly as demand for safe and effective pain relief grows. These products provide targeted relief without systemic side effects, making them highly suitable for daily use. Currently, nearly 60% of consumer purchases in pain relief are for topical formulations, demonstrating their increasing acceptance in healthcare.

Rising Preference for Non-Invasive Pain Relief
More than 55% of patients with musculoskeletal discomfort choose topical analgesics because of their localized action and reduced risk of side effects compared to oral drugs. This preference highlights a clear market shift toward safer, non-invasive treatment alternatives.

Advancements in Formulation Technologies
Approximately 40% of recently introduced products feature innovations like extended-release patches, fast-absorbing gels, and spray formulations. These advancements improve treatment convenience, enhance absorption rates, and extend pain relief duration, boosting overall adoption rates.

Growing Use in Sports and Musculoskeletal Disorders
Topical analgesics have become essential in treating sports-related injuries and chronic musculoskeletal conditions. Nearly 45% of frequent users rely on them for conditions such as arthritis, sprains, and muscle strains, cementing their role in effective pain management strategies.

Widespread Availability Across Healthcare Channels
Currently, over 65% of pharmacies and healthcare providers offer topical analgesics as a primary solution for localized pain management. Their wide availability and strong patient preference indicate the market’s upward trajectory and increasing relevance in both professional and consumer healthcare settings.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug Type
    2. Market Snapshot, By Formulation
    3. Market Snapshot, By Type
    4. Market Snapshot, By Region
  4. Global Topical Analgesic Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing chronic pain
        2. Rising aging population
        3. Growing sports injuries
        4. Rising awareness campaigns
        5. Expanding product portfolio
      2. Restraints
        1. Patent expirations impact
        2. Strict regulatory approvals
        3. Limited clinical evidence
        4. High product cost
        5. Adverse side effects
      3. Opportunities
        1. Emerging market potential
        2. Online retail growth
        3. Innovative formulations introduction
        4. Increasing healthcare expenditure
        5. Personalized medicine trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Topical Analgesic Market, By Drug Type, 2021 - 2031 (USD Million)
      1. Non Opioid
        1. Nonsteroidal anti-inflammatory drugs (NSAIDS)
        2. Capsaicin
        3. Lidocaine
        4. Methyl salicylates
        5. Others
      2. Opioids
      3. Others
    2. Topical Analgesic Market, By Formulation, 2021 - 2031 (USD Million)
      1. Cream
      2. Patch
      3. Spray
      4. Gel
      5. Others
    3. Topical Analgesic Market, By Type, 2021 - 2031 (USD Million)
      1. Over the Counter (OTC) Analgesic
      2. Prescription Analgesic
    4. Topical Analgesic Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hisamitsu
      2. Mylan
      3. Johnson & Johnson
      4. Actavis
      5. Lingrui
      6. Teikoku Seiyaku
      7. Sanofi
      8. Novartis
      9. THE PURE SOURCE
      10. Mercury Healthcare
      11. Hisamitsu
      12. Qizheng
      13. Endo
  7. Analyst Views
  8. Future Outlook of the Market