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Drug Price Trends for TRI-VITE-FLUORIDE
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Average Pharmacy Cost for TRI-VITE-FLUORIDE
Drug Name | NDC | Price/Unit ($) | Unit | Date |
---|---|---|---|---|
TRI-VITE-FLUORIDE 0.25 MG/ML | 58657-0323-50 | 0.20274 | ML | 2024-12-18 |
TRI-VITE-FLUORIDE 0.25 MG/ML | 58657-0323-50 | 0.20700 | ML | 2024-11-20 |
TRI-VITE-FLUORIDE 0.25 MG/ML | 58657-0323-50 | 0.19422 | ML | 2024-10-23 |
TRI-VITE-FLUORIDE 0.25 MG/ML | 58657-0323-50 | 0.20997 | ML | 2024-09-18 |
TRI-VITE-FLUORIDE 0.25 MG/ML | 58657-0323-50 | 0.21222 | ML | 2024-08-21 |
TRI-VITE-FLUORIDE 0.25 MG/ML | 58657-0323-50 | 0.18154 | ML | 2024-07-17 |
TRI-VITE-FLUORIDE 0.25 MG/ML | 58657-0323-50 | 0.18650 | ML | 2024-06-19 |
>Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Market Analysis and Price Projections for Tri-Vite with Fluoride
Overview of Tri-Vite with Fluoride
Tri-Vite with Fluoride is a multivitamin supplement that includes vitamins A, D, and C, along with fluoride, primarily designed for infants and young children. It is used to address vitamin deficiencies and provide fluoride for caries prophylaxis, especially in areas where the drinking water contains less than optimal levels of fluoride[4].
Market Dynamics
Demand Drivers
The demand for Tri-Vite with Fluoride is driven by several key factors:
- Oral Health Awareness: Increasing awareness about oral health and the importance of fluoride in preventing dental caries is a significant driver. Fluoride treatments and community water fluoridation programs are instrumental in this regard[1][3].
- Vitamin Deficiencies: The supplement's inclusion of essential vitamins A, D, and C makes it a valuable resource for infants and young children whose diets may lack these nutrients[4].
- Government Support: Government initiatives to improve access to person-centered oral health treatments also contribute to the market growth[3].
Market Size and Growth
While specific market size data for Tri-Vite with Fluoride alone is not readily available, the broader dental fluoride treatment market provides context. The global dental fluoride treatment market was valued at USD 15,167.2 million in 2022 and is projected to grow at a CAGR of 3.9% from 2023 to 2030, reaching USD 20,545.6 million by 2030[3].
Regional Insights
The market for dental fluoride treatments, including products like Tri-Vite with Fluoride, varies by region. Europe holds the highest market share, driven by a large number of dentists, high product availability, and favorable reimbursement frameworks[3].
Pricing and Cost Analysis
Current Pricing
The cost for Tri-Vite with Fluoride oral liquid is approximately $14 for a 50 milliliter supply, with prices ranging from $0.29 to $0.43 per milliliter, depending on the pharmacy and availability[2].
Price Projections
Given the stable demand and the broader market trends, the prices of Tri-Vite with Fluoride are likely to remain relatively stable or see minor adjustments. Here are some key points to consider:
- Discount Programs: The use of discount cards and patient assistance programs can significantly reduce the cost for consumers, potentially up to 80% off the retail price[2].
- Market Competition: The presence of other fluoride-containing products and multivitamins may influence pricing strategies, but the specific niche of Tri-Vite with Fluoride (targeting infants and young children) helps maintain its market position.
- Regulatory and Economic Factors: Changes in healthcare policies, reimbursement rates, and economic conditions can impact pricing, but these are generally slow to affect specific product prices directly.
Future Pricing Trends
While there is no specific data on future price projections for Tri-Vite with Fluoride, here are some general trends:
- Stable Pricing: Given the essential nature of the product and its niche market, prices are likely to remain stable, with minor adjustments for inflation or changes in production costs.
- Discounts and Promotions: Pharmaceutical companies and pharmacies may continue to offer discounts, coupons, and copay cards to make the product more accessible, which could effectively reduce the cost for consumers[2].
Competitive Landscape
Key Players
The market for dental fluoride treatments and multivitamins includes several key players, although specific competitors to Tri-Vite with Fluoride are not extensively detailed. Companies like Prayon Quality Chemicals, Honeywell International Inc., and Merck Group are involved in the broader fluoride market, but the specific segment of multivitamins with fluoride is more niche[1].
Product Differentiation
Tri-Vite with Fluoride differentiates itself through its targeted formulation for infants and young children, providing both essential vitamins and fluoride. This differentiation helps it maintain a strong position in its market segment[4].
Consumer Behavior and Preferences
Awareness and Education
Consumers are increasingly aware of the importance of oral health and the role of fluoride in preventing dental caries. This awareness drives demand for products like Tri-Vite with Fluoride.
Convenience and Accessibility
The product's availability in drop form makes it convenient for parents to administer to infants and young children, which is a significant factor in consumer preference[4].
Regulatory Environment
Health Initiatives
Government and health organization initiatives to improve oral health and hygiene play a crucial role in the market. For example, the authorization of silver diamine fluoride by the American Medical Association for preventing tooth decay without dental fillings has expanded treatment options and supported market growth[3].
Reimbursement Frameworks
Favorable reimbursement frameworks, especially in regions like Europe, support the adoption of dental fluoride treatments, including products like Tri-Vite with Fluoride[3].
Key Takeaways
- Stable Demand: The demand for Tri-Vite with Fluoride is driven by increasing awareness of oral health and the need for vitamin supplementation in infants and young children.
- Pricing Stability: Prices are likely to remain stable, with potential minor adjustments due to economic or regulatory factors.
- Convenience and Differentiation: The product's targeted formulation and convenient administration form are key differentiators.
- Regulatory Support: Government initiatives and favorable reimbursement frameworks support market growth.
FAQs
What is Tri-Vite with Fluoride used for?
Tri-Vite with Fluoride is used to provide essential vitamins A, D, and C, along with fluoride for caries prophylaxis, especially in infants and young children whose diets may lack these nutrients.
How much does Tri-Vite with Fluoride cost?
The cost for Tri-Vite with Fluoride oral liquid is approximately $14 for a 50 milliliter supply, with prices ranging from $0.29 to $0.43 per milliliter.
Are there any discounts available for Tri-Vite with Fluoride?
Yes, discount cards and patient assistance programs can significantly reduce the cost, potentially up to 80% off the retail price.
What regions have the highest demand for dental fluoride treatments?
Europe holds the highest market share for dental fluoride treatments due to a large number of dentists, high product availability, and favorable reimbursement frameworks.
How does the regulatory environment impact the market for Tri-Vite with Fluoride?
Government initiatives to improve oral health and favorable reimbursement frameworks support the adoption of dental fluoride treatments, including products like Tri-Vite with Fluoride.
Sources
- Global Sodium Fluoride Market Projected to Reach US$915.781 Million by 2029 - GlobeNewswire
- Tri-Vitamin with Fluoride Prices, Coupons, Copay Cards & Patient Assistance - Drugs.com
- Dental Fluoride Treatment Market Size & Share Report, 2030 - Grand View Research
- Tri-Vit with Fluoride: Package Insert / Prescribing Info - Drugs.com
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