Drug Price Trends for HEMORRHOIDAL OINTMENT

Average Pharmacy Cost for HEMORRHOIDAL OINTMENT

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

Drug Name	NDC	Price/Unit ($)	Unit	Date
HEMORRHOIDAL OINTMENT	45802-0188-16	0.05333	GM	2025-03-19
HEMORRHOIDAL OINTMENT	70000-0046-01	0.05333	GM	2025-03-19
HEMORRHOIDAL OINTMENT	00536-1288-06	0.05333	GM	2025-03-19
HEMORRHOIDAL OINTMENT	00536-1288-06	0.05033	GM	2025-02-19
HEMORRHOIDAL OINTMENT	70000-0046-01	0.05033	GM	2025-02-19
HEMORRHOIDAL OINTMENT	45802-0188-16	0.05033	GM	2025-02-19

Market Analysis and Price Projections for Hemorrhoidal Ointment

Market Overview

The market for hemorrhoidal ointments is part of the broader hemorrhoids treatment market, which is experiencing significant growth driven by increasing prevalence of hemorrhoids and advancements in medical technology.

Global Hemorrhoids Treatment Market

The global hemorrhoids treatment market was valued at USD 3.5 billion in 2023 and is projected to reach USD 34.9 billion by 2030, growing at a CAGR of 24% during the forecast period of 2024-2030[1].

Drivers of Market Growth

Several factors are driving the growth of the hemorrhoids treatment market, including:

Increasing Prevalence of Hemorrhoids

The rising prevalence of hemorrhoids, influenced by lifestyle-based diseases such as obesity, low fiber intake, and increasing alcohol consumption, is a significant driver. For instance, the number of obese people globally has tripled since 1975, and over 422 million people worldwide suffer from diabetes, which can contribute to the development of hemorrhoids[3].

Growing Awareness and Healthcare-Seeking Behavior

Increased awareness among individuals about the availability of various treatment options for hemorrhoids has led to more people seeking medical assistance, thereby boosting the demand for hemorrhoid treatments[4].

Technological Advancements

Advancements in medical technology have led to the development of innovative and minimally invasive treatment procedures, which offer reduced pain, shorter recovery times, and improved efficacy. This has driven the adoption of hemorrhoid treatments, including ointments[4].

Segmentation of the Market

The hemorrhoids treatment market is segmented by type, treatment, drugs, devices, route of administration, and end-users.

By Type

The market is segmented into internal and external hemorrhoids. External hemorrhoids are anticipated to garner a major market share due to the use of drugs as a treatment approach, while surgery is often preferred for internal hemorrhoids[3].

By Treatment

The market includes medication, devices, and surgery. Hemorrhoidal ointments fall under the medication segment, which is a key component of the market[4].

Price Analysis of Hemorrhoidal Ointment

Current Pricing

The cost for hemorrhoidal ointment can vary depending on the brand, concentration, and quantity.

• Hemorrhoidal Ointment (phenylephrine topical): The cost is around $8 for a supply of 57 grams, with prices ranging from $7.99 to $11.49 depending on the pharmacy and quantity[2].
• Preparation H Ointment: The cost is around $20 for a supply of 28 grams, with prices ranging from $20.14 to $28.22 for different quantities[5].

Discounts and Patient Assistance Programs

There are various discount programs and coupons available that can reduce the cost of hemorrhoidal ointments. For example, the Drugs.com Discount Card can save up to 80% or more off the cost of prescription and over-the-counter medications, including hemorrhoidal ointments[2][5].

Price Projections

Given the overall growth of the hemorrhoids treatment market, the demand for hemorrhoidal ointments is expected to increase.

Market Size Projections

The global hemorrhoids treatment market is projected to grow significantly, with one forecast indicating it will reach USD 2,015.3 million by 2030 from USD 730.2 million in 2022, growing at a CAGR of 11.88% during the forecast period[4].

Impact on Pricing

As the market grows, the prices of hemorrhoidal ointments may stabilize or decrease due to increased competition and the availability of generic versions. However, technological advancements and the introduction of new products could also lead to a slight increase in prices for premium or innovative treatments.

Challenges and Restraints

Despite the growth, there are challenges that could impact the market and pricing of hemorrhoidal ointments.

Side Effects and Safety Concerns

Some treatments, including surgical interventions, may have potential side effects and safety concerns, which can deter patients and affect market growth[4].

Limited Awareness and Stigma

Limited awareness and the stigma associated with hemorrhoids can also restrain market growth, as some patients may delay seeking medical intervention[4].

Key Takeaways

• The hemorrhoids treatment market, including hemorrhoidal ointments, is experiencing significant growth driven by increasing prevalence and technological advancements.
• The market is segmented by type, treatment, and end-users, with external hemorrhoids and medication segments being key.
• Current prices for hemorrhoidal ointments range from $7.99 to $28.22 depending on the brand and quantity.
• Discount programs and patient assistance can significantly reduce costs.
• The market is projected to grow, potentially stabilizing or reducing prices due to increased competition.

FAQs

1. What is the current market size of the hemorrhoids treatment market? The hemorrhoids treatment market was valued at USD 3.5 billion in 2023[1].

2. What is the projected growth rate of the hemorrhoids treatment market? The market is projected to grow at a CAGR of 24% from 2024 to 2030[1].

3. What are the main drivers of the hemorrhoids treatment market? The main drivers include increasing prevalence of hemorrhoids, growing awareness and healthcare-seeking behavior, and technological advancements[3][4].

4. How much does a typical hemorrhoidal ointment cost? The cost can range from $7.99 to $28.22 depending on the brand and quantity[2][5].

5. Are there any discount programs available for hemorrhoidal ointments? Yes, there are discount programs such as the Drugs.com Discount Card that can save up to 80% or more off the cost of prescription and over-the-counter medications[2][5].

Cited Sources

1. Verified Market Research - Hemorrhoids Treatment Market Size, Share & Forecast
2. Drugs.com - Hemorrhoidal Ointment Prices, Coupons, Copay Cards & Patient Assistance
3. Research Nester - Hemorrhoid Drugs Market Size & Share, Growth Report 2037
4. Data Bridge Market Research - Global Haemorrhoids Treatment Market
5. Drugs.com - Preparation H Ointment Prices, Coupons, Copay Cards & Patient Assistance