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Drug Price Trends for SULFACETAMIDE
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Average Pharmacy Cost for SULFACETAMIDE
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| SULFACETAMIDE SOD 10% TOP SUSP | 45802-0896-26 | 0.59333 | ML | 2025-03-19 |
| SULFACETAMIDE-SULFUR 10-5% CRM | 58657-0468-01 | 1.38050 | GM | 2025-03-19 |
| SULFACETAMIDE-SULFUR 8-4% SUSP | 58657-0469-16 | 0.09526 | ML | 2025-03-19 |
| SULFACETAMIDE-SULFUR 8-4% SUSP | 42192-0133-16 | 0.09526 | ML | 2025-03-19 |
| SULFACETAMIDE-SULFUR 9-4% CLSR | 58657-0473-16 | 0.15319 | ML | 2025-03-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Market Analysis and Price Projections for Sulfacetamide Sodium
Introduction to Sulfacetamide Sodium
Sulfacetamide sodium is an antibiotic used in various medical applications, particularly in ophthalmic and dermatological treatments. It is effective against a range of bacterial infections, including conjunctivitis, trachoma, and acne.
Market Size and Growth Projections
The global Sulfacetamide Sodium API market has been experiencing significant growth and is anticipated to continue this trend. Here are some key points regarding the market size and growth projections:
- Current Market Size: As of 2023, the Sulfacetamide Sodium API market has reached a substantial value, although the exact figure is not specified in the available sources[1][4].
- Forecasted Growth: The market is projected to attain a higher value by the end of 2031, indicating a robust growth rate throughout the forecast period. The compound annual growth rate (CAGR) for the period from 2024 to 2031 is expected to be significant, driving the market expansion[1][4].
Market Segmentation
The Sulfacetamide Sodium market is segmented based on several criteria:
Type
- The market is categorized into segments based on the purity of the API, such as purity above 99% and purity below 99%. The Type I segment, which typically includes higher purity levels, accounted for a noticeable share of the global market in 2023 and is expected to experience significant growth in the near future[1][4].
Application
- The primary applications of Sulfacetamide Sodium include eye drops, topical creams, and other dermatological preparations. The eye drop segment is particularly prominent, given the drug's efficacy in treating ophthalmic infections[1][4].
Geographical Regions
- The market is analyzed across various geographical regions, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. Each region has its own market dynamics, influenced by local demand, regulatory environments, and economic conditions[1][4].
Market Dynamics
Drivers
- Increasing Demand for Antibiotics: The rising incidence of bacterial infections, particularly in ophthalmic and dermatological conditions, drives the demand for Sulfacetamide Sodium.
- Advancements in Pharmaceutical Technology: Improvements in manufacturing processes and the development of new formulations contribute to the market's growth.
- Expanding Healthcare Infrastructure: Growing healthcare infrastructure in emerging markets increases access to antibiotics like Sulfacetamide Sodium[4].
Restraints
- Regulatory Challenges: Strict regulatory requirements and the need for compliance with safety and efficacy standards can hinder market growth.
- Competition from Alternative Treatments: The availability of other antibiotic treatments and the emergence of antibiotic-resistant bacteria can pose challenges to the market[4].
Opportunities
- Growing Demand in Emerging Markets: Increasing healthcare spending and improving healthcare infrastructure in developing countries present significant opportunities for market expansion.
- Research and Development: Continuous R&D efforts to improve the efficacy and safety of Sulfacetamide Sodium can open up new market opportunities[4].
Price Projections
The prices of Sulfacetamide Sodium products vary widely depending on the formulation, concentration, and geographical location.
Ophthalmic Preparations
- The cost for sulfacetamide sodium ophthalmic 10% ophthalmic solution can range from $29 to $65, depending on the quantity and type of preparation (solution or ointment)[5].
Topical Preparations
- For sulfacetamide sodium/sulfur topical preparations, prices can range significantly:
- Topical liquid: From $68.81 for 170 grams to $546.73 for 473 milliliters, depending on the concentration and quantity[2].
- Topical foam: From $409.71 for 60 grams[2].
Key Players and Competitive Landscape
The market for Sulfacetamide Sodium is competitive, with several key players focusing on strategy and product portfolio expansion:
- Greenstone: Known for its robust product portfolio and strategic initiatives to expand its market presence.
- Jiangsu Farever: Another significant player that is strengthening its position through various business strategies[4].
Impact of COVID-19
The COVID-19 pandemic has had a mixed impact on the Sulfacetamide Sodium market. While there was an initial disruption in supply chains and manufacturing, the long-term effect has been a readjustment in market size and growth projections. The market is expected to recover and grow at a revised CAGR in the post-COVID-19 period[3].
Technological and Regulatory Trends
- Manufacturing Process Improvements: Advances in pharmaceutical technology are enhancing the production efficiency and quality of Sulfacetamide Sodium.
- Regulatory Compliance: Adherence to stringent regulatory standards is crucial for market players to ensure the safety and efficacy of their products[4].
Consumer Behavior and Market Attractiveness
Consumer behavior plays a significant role in shaping the market for Sulfacetamide Sodium. Factors such as awareness of antibiotic use, preference for effective treatments, and the influence of healthcare professionals drive the demand for this drug. Market attractiveness is also influenced by the availability of discounts and patient assistance programs, which can significantly reduce the cost of the medication for consumers[2][5].
Key Takeaways
- Robust Market Growth: The Sulfacetamide Sodium API market is expected to experience significant growth from 2023 to 2031.
- Segmentation: The market is segmented by type, application, and geographical region, with the Type I segment and ophthalmic applications being particularly prominent.
- Price Variability: Prices vary widely depending on the formulation and quantity of the product.
- Competitive Landscape: Key players are focusing on strategy and product portfolio expansion to strengthen their market presence.
- COVID-19 Impact: The market has adjusted to the pandemic and is expected to grow at a revised CAGR in the post-COVID-19 period.
FAQs
What are the primary applications of Sulfacetamide Sodium?
Sulfacetamide Sodium is primarily used in ophthalmic preparations (such as eye drops and ointments) and dermatological treatments (like topical creams and foams).
How is the Sulfacetamide Sodium market segmented?
The market is segmented based on type (purity above 99% and below 99%), application (eye drops, others), and geographical regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa).
What are the key drivers of the Sulfacetamide Sodium market?
Key drivers include increasing demand for antibiotics, advancements in pharmaceutical technology, and expanding healthcare infrastructure in emerging markets.
How has COVID-19 impacted the Sulfacetamide Sodium market?
The pandemic initially disrupted supply chains and manufacturing but has led to a readjusted market size and growth projections, with the market expected to grow at a revised CAGR in the post-COVID-19 period.
What are the typical prices for Sulfacetamide Sodium preparations?
Prices vary widely; for example, sulfacetamide sodium ophthalmic 10% ophthalmic solution can cost around $29 for 15 milliliters, while topical preparations can range from $68.81 for 170 grams to $546.73 for 473 milliliters.
Who are the key players in the Sulfacetamide Sodium market?
Key players include Greenstone and Jiangsu Farever, among others, who are focusing on strategy and product portfolio expansion to strengthen their market presence.
What are the regulatory trends influencing the Sulfacetamide Sodium market?
Adherence to stringent regulatory standards is crucial for ensuring the safety and efficacy of Sulfacetamide Sodium products, and market players must comply with these regulations to maintain market presence.
Sources
- Market Research Intellect: Sulfacetamide Sodium API Market Size, Scope And Forecast Report.
- Drugs.com: Sulfacetamide sodium/sulfur topical Prices, Coupons, Copay Cards.
- Valuates Reports: Global Sulfacetamide Sodium (CAS 127-56-0) Market Insights.
- Cognitive Market Research: Sulfacetamide Sodium Market Report 2024 (Global Edition).
- Drugs.com: Sulfacetamide sodium ophthalmic Prices, Coupons, Copay Cards & Patient Assistance.
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