Drug Price Trends for BANOPHEN ANTI-ITCH

Average Pharmacy Cost for BANOPHEN ANTI-ITCH

These are average pharmacy acquisition costs (net of discounts) from a US national survey

Drug Name	NDC	Price/Unit ($)	Unit	Date
BANOPHEN ANTI-ITCH 2% CREAM	00904-5354-31	0.05115	GM	2024-12-18
BANOPHEN ANTI-ITCH 2% CREAM	00904-5354-31	0.04937	GM	2024-11-20
BANOPHEN ANTI-ITCH 2% CREAM	00904-5354-31	0.05245	GM	2024-10-23
BANOPHEN ANTI-ITCH 2% CREAM	00904-5354-31	0.05111	GM	2024-09-18
BANOPHEN ANTI-ITCH 2% CREAM	00904-5354-31	0.04697	GM	2024-08-21

Market Analysis and Price Projections for Banophen Anti-Itch Cream

Overview of Banophen Anti-Itch Cream

Banophen Anti-Itch Cream is a topical medication used to temporarily relieve itching and pain caused by various minor skin irritations, including insect bites, minor burns, sunburn, and rashes from poison ivy, poison oak, or poison sumac. The active ingredients are diphenhydramine hydrochloride (2%) as a topical analgesic and zinc acetate (0.1%) as a skin protectant[1][5].

Market Context

The anti-itch cream market is part of the broader over-the-counter (OTC) dermatological products segment. This market has seen steady growth due to increasing consumer awareness of skin health and the availability of effective OTC treatments.

Global and Regional Trends

The global anti-itch cream market is expected to grow, driven by increasing demand for quick and effective relief from skin irritations. According to market reports, the industry is forecasted to see revenue growth at the global, regional, and country levels, reflecting the latest industry trends and consumer preferences[3].

Sales Performance

In the United States, Banophen Anti-Itch Cream competes in a market dominated by well-known brands such as Benadryl. In 2019, Benadryl anti-itch treatment generated sales of about $46.7 million, indicating a strong market presence for anti-itch products[4].

Pricing and Cost Analysis

The cost of Banophen Anti-Itch Cream is relatively affordable. A 28-gram supply of the topical cream typically costs around $13, depending on the pharmacy. Generic versions of the product are also available, often priced slightly lower, around $12.89 for 28 grams[2].

Discounts and Patient Assistance Programs

Consumers can benefit from various discount programs and coupons that can reduce the cost of Banophen Anti-Itch Cream. For example, the Drugs.com discount card can save up to 80% or more off the cost of prescription and OTC medications, including Banophen Anti-Itch Cream. However, there are no specific patient assistance programs available for this medication[2].

Competitive Landscape

Banophen Anti-Itch Cream competes with other popular anti-itch products such as Benadryl Original Strength Itch Stopping Cream and Benadryl Extra Strength Spray. These products offer similar benefits, including quick relief from itching and pain associated with minor skin irritations[2].

Consumer Preferences and Behavior

Consumers increasingly seek effective and convenient solutions for skin irritations. The preference for OTC products like Banophen Anti-Itch Cream is driven by their ease of use, quick relief, and availability without a prescription. Additionally, the inclusion of skin protectants like zinc acetate enhances the product's appeal by providing additional benefits such as drying oozing and weeping from rashes[1][5].

Regulatory and Safety Considerations

When using Banophen Anti-Itch Cream, it is important to follow the instructions carefully to avoid side effects. The product should be used only on the skin as directed, and consumers should avoid applying it to large areas of the body or using it more frequently than recommended. Serious side effects, though rare, can include enlarged pupils, face flushing, and mental/mood changes. Consumers should also be cautious about using the product in conjunction with other diphenhydramine products to avoid increased side effects[1].

Price Projections

Given the stable demand for anti-itch creams and the competitive pricing of Banophen Anti-Itch Cream, price projections are likely to remain steady or see minor adjustments based on market conditions.

• Short-term Projections: Prices are expected to remain around $13 for a 28-gram supply, with potential minor fluctuations based on pharmacy discounts and promotions.
• Long-term Projections: As the market continues to grow, there may be slight increases in price due to inflation and changes in raw material costs. However, these increases are likely to be minimal and in line with overall consumer price index changes.

Key Takeaways

• Market Growth: The global anti-itch cream market is expected to grow, driven by increasing consumer demand.
• Pricing: Banophen Anti-Itch Cream is competitively priced around $13 for a 28-gram supply, with generic options available.
• Consumer Preferences: Consumers prefer effective, convenient, and affordable OTC solutions for skin irritations.
• Regulatory Considerations: Users must follow instructions carefully to avoid side effects.
• Price Projections: Prices are expected to remain stable with minor adjustments based on market conditions.

FAQs

1. What are the active ingredients in Banophen Anti-Itch Cream?

   • The active ingredients are diphenhydramine hydrochloride (2%) as a topical analgesic and zinc acetate (0.1%) as a skin protectant[1][5].

2. What are the common uses of Banophen Anti-Itch Cream?

   • It is used to temporarily relieve itching and pain caused by minor burns, cuts, scrapes, sunburn, insect bites, and rashes from poison ivy, poison oak, or poison sumac[1][5].

3. How much does Banophen Anti-Itch Cream typically cost?

   • A 28-gram supply typically costs around $13, with generic versions available for slightly lower prices[2].

4. Are there any patient assistance programs available for Banophen Anti-Itch Cream?

   • No specific patient assistance programs are available for this medication, but consumers can use discount cards and coupons to reduce the cost[2].

5. What are the potential side effects of using Banophen Anti-Itch Cream?

   • Mild stinging may occur, and serious side effects, though rare, can include enlarged pupils, face flushing, and mental/mood changes. Consumers should also watch for signs of a serious allergic reaction[1].

Sources

1. WebMD - Banophen Anti-Itch Cream - Uses, Side Effects, and More.
2. Drugs.com - Banophen Anti Itch Prices, Coupons, Copay Cards & Patient Assistance.
3. Cognitivemarketresearch.com - Anti itch Cream Market Report 2024 (Global Edition).
4. Statista - Sales of the leading anti-itch treatment brands in the United States in 2019.
5. Xeteor.com - Major Extra Strength Banophen Anti-Itch Cream | Benadryl.