Drug Price Trends for PREDNISONE INTENSOL

Average Pharmacy Cost for PREDNISONE INTENSOL

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

Drug Name	NDC	Price/Unit ($)	Unit	Date
PREDNISONE INTENSOL 5 MG/ML	00054-3721-44	3.35947	ML	2024-12-18
PREDNISONE INTENSOL 5 MG/ML	00054-3721-44	3.52154	ML	2024-11-20
PREDNISONE INTENSOL 5 MG/ML	00054-3721-44	3.24830	ML	2024-10-23
PREDNISONE INTENSOL 5 MG/ML	00054-3721-44	3.19956	ML	2024-09-18
PREDNISONE INTENSOL 5 MG/ML	00054-3721-44	3.23551	ML	2024-08-21
PREDNISONE INTENSOL 5 MG/ML	00054-3721-44	3.23551	ML	2024-07-17

Market Analysis and Price Projections for Prednisone Intensol

Overview of Prednisone Intensol

Prednisone Intensol is a concentrated oral liquid solution of prednisone, a synthetic anti-inflammatory glucocorticoid used to treat a variety of inflammatory and immune-mediated conditions. It is biologically inert and converted to prednisolone in the liver, making it an effective treatment for various medical conditions, including allergic, dermatologic, gastrointestinal, and respiratory diseases[4].

Market Size and Growth

The global prednisone market, which includes Prednisone Intensol, is projected to experience significant growth over the coming years. Here are some key market metrics:

• The prednisone market is estimated to cross USD 9 billion by the end of 2036, growing at a CAGR of around 5% during the forecast period of 2024-2036. In 2023, the market size was over USD 6 billion[1].

Key Drivers of Market Growth

Several factors are driving the growth of the prednisone market, including:

• Increasing Prevalence of Skin Diseases: The World Health Organization estimates that 1.8 billion people worldwide suffer from skin disorders. Skin allergies, particularly acne, affect a significant portion of the global population, with acne affecting about 8% of the global population and over 84% of teenagers[1].
• Rising Prevalence of Other Inflammatory Conditions: Conditions such as asthma, rheumatologic diseases, and gastrointestinal disorders also contribute to the demand for prednisone. For instance, asthma affects approximately 7% of Americans, with significant implications for public health[1].
• Advancements in Healthcare: Growing investments in the healthcare sector, especially in hospitals, are expected to boost the market. Hospitals are likely to generate the highest revenue share, around 50%, due to their comprehensive care for various illnesses[1].

Regional Market Analysis

North America

The North American market is expected to hold a significant share, approximately 35%, during the forecast period. This is driven by the rising prevalence of asthma and other inflammatory conditions in the region. Obesity, which is linked to higher severity of asthma, is also a contributing factor[1].

Asia Pacific

The Asia Pacific region is anticipated to experience notable growth due to the increasing prevalence of diseases such as chronic kidney disease (CKD) and the lack of physical activity. Up to 434.3 million people in this region are affected by CKD, with China and India accounting for the majority of cases[1].

Price Projections and Factors Affecting Cost

Cost Variability

The cost of Prednisone Intensol can vary based on several factors, including the treatment plan, insurance coverage, and the pharmacy used. Here are some key points to consider:

• Form and Strength: The price can differ depending on the form and strength of the medication. Prednisone Intensol comes as a concentrated oral liquid solution, which may have different pricing compared to oral tablets or other forms[2].
• Insurance Coverage: The cost with insurance is generally lower than without it. However, the specific coverage and out-of-pocket costs depend on the insurance provider and the patient's plan[2].
• Pharmacy: Prices can vary between different pharmacies, making it beneficial to compare prices or use coupons and discount programs[2].

Cost-Saving Strategies

To reduce the cost of Prednisone Intensol, several strategies can be employed:

• Getting a 3-Month Supply: If approved by the insurance company, obtaining a 90-day supply can reduce the number of trips to the pharmacy and lower the overall cost[2].
• Using Coupons and Discount Programs: Utilizing coupons and discount programs, such as Optum Perks, can help in saving money on the prescription[2].

Key Takeaways

• The prednisone market, including Prednisone Intensol, is expected to grow significantly, driven by the increasing prevalence of skin diseases, asthma, and other inflammatory conditions.
• The North American and Asia Pacific regions are anticipated to be key markets due to their high disease prevalence and healthcare investments.
• The cost of Prednisone Intensol can vary based on the form, strength, insurance coverage, and pharmacy used.
• Strategies such as getting a 3-month supply and using coupons can help in reducing the cost.

FAQs

1. What is the projected market size of the prednisone market by 2036?

   • The prednisone market is estimated to cross USD 9 billion by the end of 2036[1].

2. What are the main drivers of the prednisone market growth?

   • The main drivers include the increasing prevalence of skin diseases, rising prevalence of other inflammatory conditions, and advancements in healthcare[1].

3. Which region is expected to hold the highest share of the prednisone market?

   • The North American market is expected to hold approximately 35% of the market share during the forecast period[1].

4. How can the cost of Prednisone Intensol be reduced?

   • Strategies include getting a 3-month supply, using coupons and discount programs, and comparing prices between pharmacies[2].

5. What forms and strengths does Prednisone Intensol come in?

   • Prednisone Intensol comes as a concentrated oral liquid solution, typically in 5 mg per 5 milliliters (mL), available in 120-mL and 500-mL bottles[2].

Sources

1. Research Nester - Prednisone Market Size & Share, Growth Forecasts 2036
2. MedicalNewsToday - Prednisone cost 2024: Coupons and more
3. Business Research Insights - Prednisolone Market Growth, Size, Share and Forecast [2032]
4. DrugBank - Prednisone: Uses, Interactions, Mechanism of Action - DrugBank
5. Oregon Drug Price Transparency Program - Prescription Drug Price Transparency Results and Recommendations