Introduction to DILT-XR
DILT-XR, or Diltiazem Hydrochloride Extended-Release Capsules, is a calcium channel blocker used primarily for the treatment of hypertension and the management of chronic stable angina. Here, we will delve into the market analysis, price projections, and other relevant factors influencing the drug's market presence.
Market Size and Growth
The North America diltiazem market, which includes DILT-XR, has been experiencing significant growth. As of 2021, the market was valued at US$ 161.53 million and is projected to reach US$ 369.22 million by 2028, with a Compound Annual Growth Rate (CAGR) of 12.5% from 2021 to 2028[3].
Key Drivers
- Increase in Cardiovascular Disease Incidence: The rising prevalence of cardiovascular diseases, such as hypertension and angina, is a major driver for the growth of the diltiazem market.
- Increasing Elderly Population: The elderly population is more prone to cardiovascular diseases, which further boosts the demand for diltiazem[3].
Market Segments
- Product Type: The market is segmented into capsules, injections, and tablets. The capsules segment, which includes DILT-XR, is expected to witness the fastest CAGR from 2021 to 2028[3].
- Application: The hypertension segment currently holds the largest share of the market, but the angina segment is expected to grow at the fastest CAGR during the coming years[3].
Price Projections
The prices of DILT-XR vary based on the dosage and quantity of the capsules.
Pricing Overview
- 120 mg/24 hours: The cost for a supply of 100 capsules can range from $45.90 to $46, depending on the pharmacy and any discounts applied[2][5].
- 180 mg/24 hours: Prices start from around $49.68 for 100 capsules[2].
- 240 mg/24 hours: The cost is approximately $55.34 for 100 capsules[2].
- Higher Dosages: Prices increase accordingly with higher dosages, such as $124.10 for 90 capsules of the 240 mg/24 hours formulation and up to $170.11 for 90 capsules of the 420 mg/24 hours formulation[5].
Discounts and Assistance Programs
- Discount Cards: Programs like the Drugs.com Discount Card can save consumers up to 80% or more off the cost of prescription medicines, including DILT-XR[2][5].
- Coupons and Copay Cards: Various coupons, rebates, and copay cards are available, although manufacturer promotions may be limited[2].
Market Dynamics
Market Drivers
- Government Initiatives: Increased government initiatives for promoting cardiovascular health contribute to the market growth.
- COVID-19 Impact: The pandemic has had a positive impact on the diltiazem market due to the increased focus on healthcare and pharmaceuticals[3].
Market Restraints
- Side Effects: The potential side effects of diltiazem, such as those related to its calcium channel blocking activity, can negatively impact market growth[3].
Future Trends
- Recent Developments: Continuous research and development in the pharmaceutical sector, particularly in the area of cardiovascular diseases, are expected to drive future growth.
- Increasing Demand: The growing demand for effective treatments for hypertension and angina will continue to drive the market for DILT-XR and other diltiazem formulations[3].
Conclusion
The market for DILT-XR is poised for significant growth driven by increasing prevalence of cardiovascular diseases, an aging population, and ongoing government initiatives. While side effects may pose some restraint, the overall trend indicates a strong future for this medication.
Key Takeaways
- Market Growth: The North America diltiazem market is expected to grow at a CAGR of 12.5% from 2021 to 2028.
- Price Variability: Prices for DILT-XR vary based on dosage and quantity, with discounts available through various programs.
- Market Drivers: Increasing cardiovascular disease incidence and an aging population are key drivers.
- Future Trends: Continuous R&D and growing demand for effective treatments will drive future growth.
FAQs
What is DILT-XR used for?
DILT-XR is used for the treatment of hypertension and the management of chronic stable angina[1][4].
How does DILT-XR work?
DILT-XR works by inhibiting the influx of calcium ions during membrane depolarization of cardiac and vascular smooth muscles, thereby reducing blood pressure and alleviating angina symptoms[1][4].
What are the common dosages of DILT-XR?
Common dosages include 120 mg, 180 mg, 240 mg, and higher, all in extended-release formulations[1][5].
Are there any discounts available for DILT-XR?
Yes, discounts are available through programs like the Drugs.com Discount Card, which can save consumers up to 80% or more off the cost of prescription medicines[2][5].
What are the potential side effects of DILT-XR?
Potential side effects include those related to its calcium channel blocking activity, such as dizziness, headache, and edema. For detailed adverse effects, refer to the prescribing information[1][4].
Sources
- DILT-XR: Package Insert / Prescribing Information - Drugs.com
- Dilt-XR Prices, Coupons, Copay Cards & Patient Assistance - Drugs.com
- North America Diltiazem Market report 2028 - Business Market Insights
- Diltiazem: Uses, Interactions, Mechanism of Action - DrugBank Online
- Diltiazem Hydrochloride XR Prices, Coupons, Copay Cards & Patient Assistance - Drugs.com
Last updated: 2024-12-31
