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Drug Price Trends for SODIUM FLUORIDE SENSTV
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Average Pharmacy Cost for SODIUM FLUORIDE SENSTV
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| SODIUM FLUORIDE SENSTV 5000PPM | 11527-0704-42 | 0.09797 | ML | 2025-02-19 |
| SODIUM FLUORIDE SENSTV 5000PPM | 11527-0704-42 | 0.09509 | ML | 2025-01-22 |
| SODIUM FLUORIDE SENSTV 5000PPM | 11527-0704-42 | 0.09856 | ML | 2024-12-18 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Global Sodium Fluoride Market Analysis and Price Projections
Market Overview
The global sodium fluoride market is poised for significant growth, driven by a combination of factors including increasing demand in various industrial applications, rising awareness of oral health, and expanding uses in dental care products.
Market Size and Growth Projections
- The global sodium fluoride market was valued at approximately USD 699 million in 2023 and is projected to reach USD 1,155 million by 2031, growing at a compounded annual growth rate (CAGR) of 5.74% during the forecast period of 2024-2031[2][3][4].
Key Drivers of Market Growth
Increasing Demand in Dental Care
- Sodium fluoride's extensive use in toothpaste and other dental care products is a major driver of market growth. The increasing prevalence of oral diseases, affecting nearly half of the global population, has led to a surge in demand for fluoride-based dental products[1][3][4].
Industrial Applications
- Besides dental care, sodium fluoride is widely used in water treatment, glass manufacturing, metallurgy, and agriculture. Its role as a flux in steel manufacturing, particularly in the Asia-Pacific region, is significant due to the growing steel industry in countries like India and China[1][3][4].
Regional Market Insights
- The Asia-Pacific region is the largest market shareholder and is expected to expand substantially during the forecast period. This growth is attributed to the burgeoning steel industry, increased healthcare expenditure, and governmental initiatives in countries like China and India[1][2][4].
Economic Considerations
- The market for sodium fluoride is influenced by economic factors such as changes in raw material prices and supply chain disruptions. Economic downturns can reduce discretionary income, affecting demand for products containing sodium fluoride. However, the essential nature of these products in health and industrial sectors helps maintain a stable demand level[3].
Market Segmentation
- The global sodium fluoride market is segmented based on form, application, distribution channel, and geography. Key applications include water treatment, glass manufacturing, metallurgy, agriculture, and dental products. The Asia-Pacific region dominates due to its high demand for sodium fluoride in various sectors[3][4].
Price Trends for Sodium Fluoride SENSTV
- While the overall market analysis provides a broad view of sodium fluoride's market dynamics, specific price trends for products like Sodium Fluoride SENSTV can be more volatile.
Recent Price Data
- As of December 2024, the average pharmacy cost for Sodium Fluoride SENSTV 5000PPM was approximately $0.09856 per milliliter. This price has fluctuated over the past few months, ranging from $0.09026 to $0.11572 per milliliter[5].
Price Projections
- Given the overall market growth and stable demand, prices for sodium fluoride products, including Sodium Fluoride SENSTV, are likely to remain relatively stable or see moderate increases. However, these prices can be influenced by raw material costs, manufacturing efficiencies, and regulatory changes.
Competitive Landscape
- The market is competitive with several key players such as Prayon Quality Chemicals S.L, Honeywell International Inc., Merck Group, Hunan Guangcheng Chemical Industry Development Co., Ltd., and others. These companies are focusing on strategic market entries, product launches, and geographical expansion to capitalize on the growing demand[1].
Strategic Business Implications
- Companies operating in the sodium fluoride market can leverage detailed market analysis to strategize their operations. Understanding customer segments, emerging trends, and the competitive landscape is crucial for making informed and impactful decisions. The forecast period's comprehensive overview provides insights into key factors influencing market conditions, enabling companies to chart their course with confidence and clarity[1].
Key Takeaways
- The global sodium fluoride market is expected to grow significantly, driven by increasing demand in dental care and industrial applications.
- The Asia-Pacific region is the largest market shareholder and is expected to continue growing.
- Economic factors can influence demand and pricing but are unlikely to significantly dampen the overall growth trajectory.
- Prices for specific products like Sodium Fluoride SENSTV may fluctuate but are generally expected to remain stable or see moderate increases.
FAQs
What is the projected growth rate of the global sodium fluoride market?
The global sodium fluoride market is projected to grow at a CAGR of 5.74% from 2024 to 2031[2][3].
Which region dominates the global sodium fluoride market?
The Asia-Pacific region is the largest market shareholder and is expected to expand substantially during the forecast period[1][2][4].
What are the primary applications of sodium fluoride?
Sodium fluoride is used extensively in water treatment, glass manufacturing, metallurgy, agriculture, and dental products[1][3][4].
How does economic instability affect the sodium fluoride market?
Economic instability can lower discretionary income, affect demand, and increase manufacturing costs due to changes in raw material prices and supply chain disruptions. However, the essential nature of sodium fluoride products helps maintain a stable demand level[3].
What is the current price trend for Sodium Fluoride SENSTV?
As of December 2024, the average pharmacy cost for Sodium Fluoride SENSTV 5000PPM is approximately $0.09856 per milliliter, with recent prices ranging from $0.09026 to $0.11572 per milliliter[5].
Which companies are key players in the sodium fluoride market?
Key players include Prayon Quality Chemicals S.L, Honeywell International Inc., Merck Group, Hunan Guangcheng Chemical Industry Development Co., Ltd., and others[1].
Sources
- GlobeNewswire: Global Sodium Fluoride Market Projected to Reach US$915.781 Million by 2029[1].
- StraitsResearch: Sodium Fluoride Market Size, Growth & Share | Forecast-2032[2].
- Verified Market Research: Sodium Fluoride Market Size, Scope, Growth, Trends and Forecast[3].
- Knowledge Sourcing: Sodium Fluoride Market Insights: Size, Share, Forecast 2029[4].
- DrugPatentWatch: Drug Price Trends for SODIUM FLUORIDE SENSTV[5].
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