The muscle pain treatment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Muscle Pain Treatment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The muscle pain treatment market size has grown strongly in recent years. It will grow from $12.31 billion in 2023 to $12.95 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to aging population with a higher incidence of chronic pain conditions, an increase in sports injuries due to higher participation rates, the prevalence of manual labor jobs leading to musculoskeletal disorders, sedentary lifestyles contributing to muscle stiffness and pain, and a lack of exercise causing muscle atrophy and pain.
The muscle pain treatment market size is expected to see strong growth in the next few years. It will grow to $15.96 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to increasing adoption of non-opioid and non-invasive pain management treatments, rising healthcare expenditures and demand for effective pain management solutions, regulatory approvals for new pain management therapies and devices, emphasis on preventive healthcare to mitigate chronic pain conditions, and growing demand for alternative therapies like acupuncture and chiropractic care. Major trends in the forecast period include telehealth and virtual consultations for pain management, the development of wearable pain relief devices and smart clothing, biopharmaceutical innovations in pain treatment, AI-driven personalized pain management solutions, and regenerative medicine techniques for tissue repair and pain reduction.
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Scope Of Muscle Pain Treatment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Muscle Pain Treatment Market Overview
Market Drivers –
The increasing prevalence of musculoskeletal disorders is expected to drive the muscle pain treatment market going forward. Musculoskeletal disorders refer to conditions affecting the muscles, bones, and joints of the body, often causing pain, stiffness, and impaired movement. The rise in musculoskeletal cases is attributed to factors such as aging populations, sedentary lifestyles, and the increasing prevalence of chronic conditions. Muscle pain treatment aims to alleviate symptoms of musculoskeletal disorders by reducing pain, improving mobility, preventing complications, and enhancing patients’ overall quality of life and functional abilities. For instance, in November 2023, according to a study conducted by The Lancet, a UK-based medical journal, an estimated 494 million people globally experienced other musculoskeletal disorders in 2020, with projections indicating a potential 115% increase by 2050. Therefore, the increasing prevalence of musculoskeletal disorders is driving the muscle pain treatment market.
Market Trends –
Major companies operating in the muscle pain treatment market are focused on developing innovative solutions, such as topical analgesic products, to enhance efficacy and user convenience. Topical analgesic products are medications applied directly to the skin to relieve pain by targeting the affected area and are commonly used for conditions such as muscle aches, arthritis, and minor injuries. For instance, in July 2024, Wellness Formulations LLC, a US-based company providing health and wellness products, launched Ralli Rapid Pain Relief, a new product featuring menthol’s pain-relieving benefits combined with advanced penetration enhancers and skin conditioners. It delivers effective pain relief without leaving a greasy residue, offering quick and lasting relief from muscle aches, joint pain, arthritis, strains, and sprains. Available in gel, spray, and roll-on formats, it provides convenient application directly to the affected area, eliminating the need for rubbing or massaging.
The muscle pain treatment market covered in this report is segmented –
1) By Pharmacological Treatment: Analgesics, Muscle Relaxants, Topical Analgesics, Other Pharmacological Treatments
2) By Non-Pharmacological Treatment: Physical Therapy, Massage Therapy, Acupuncture, Heat And Cold Therapy, Exercise And Stretching, Other Non-Pharmacological Treatments
3) By Type Of Pain: Acute Muscle Pain, Chronic Muscle Pain
4) By Cause Of Muscle Pain: Overuse And Strain, Injury Or Trauma, Inflammatory Conditions, Neurological Conditions, Infections, Other Cause Of Muscle Pain
5) By Application: Hospital, Clinic, Other Applications
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Regional Insights –
North America was the largest region in the muscle pain treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the muscle pain treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the muscle pain treatment market are Pfizer Inc., Johnson & Johnson, Roche Holding AG, Merck & Co. Inc., AbbVie Inc., Bayer AG, Sanofi SA, Bristol Myers Squibb Company, AstraZeneca PLC, Novartis International AG, GlaxoSmithKline plc (GSK), Eli Lilly and Company, Amgen Inc., Teva Pharmaceutical Industries Ltd., Baxter International Inc., Haleon Plc, Select Medical Holdings Corporation, Purdue Pharma, Endo Pharmaceuticals Inc., Concentra Inc., Athletico Physical Therapy, ATI Physical Therapy Inc., Physiotherapy Associates Inc, NovaCare Rehabilitation Inc, CORA Health Services Inc., Select Physical Therapy Holdings Inc. , ProActive Physical Therapy
Table of Contents
1. Executive Summary
2. Muscle Pain Treatment Market Report Structure
3. Muscle Pain Treatment Market Trends And Strategies
4. Muscle Pain Treatment Market – Macro Economic Scenario
5. Muscle Pain Treatment Market Size And Growth
…..
27. Muscle Pain Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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