Share This Page
Drug Sales Trends for TRAVATAN Z
✉ Email this page to a colleague


Annual Sales Revenues and Units Sold for TRAVATAN Z
Drug Name | Revenues (USD) | Units | Year |
---|---|---|---|
TRAVATAN Z | ⤷ Try for Free | ⤷ Try for Free | 2021 |
TRAVATAN Z | ⤷ Try for Free | ⤷ Try for Free | 2020 |
TRAVATAN Z | ⤷ Try for Free | ⤷ Try for Free | 2019 |
TRAVATAN Z | ⤷ Try for Free | ⤷ Try for Free | 2018 |
TRAVATAN Z | ⤷ Try for Free | ⤷ Try for Free | 2017 |
TRAVATAN Z | ⤷ Try for Free | ⤷ Try for Free | 2016 |
TRAVATAN Z | ⤷ Try for Free | ⤷ Try for Free | 2015 |
>Drug Name | >Revenues (USD) | >Units | >Year |
Market Analysis and Sales Projections for TRAVATAN Z
Introduction to TRAVATAN Z
TRAVATAN Z, developed by Alcon, Inc., is an ophthalmic solution used for the reduction of elevated intraocular pressure (IOP) in patients with open-angle glaucoma or ocular hypertension. It contains travoprost, a prostaglandin analogue, and is formulated without benzalkonium chloride (BAK), replacing it with the SOFZIA™ preservative system to minimize ocular surface irritation[1].
Market Position and Competitors
TRAVATAN Z is part of the broader anti-glaucoma market, which is dominated by prostaglandin analogues. Other key players in this market include Xalatan/Xalacom, Lumigan, Cosopt/Trusopt, and Alphagan. The anti-glaucoma market is characterized by a mix of branded and generic products, with TRAVATAN Z maintaining a significant presence despite competition[2][3].
Sales Performance
As of the 12-month period ending September 2024, TRAVATAN Z achieved annual sales of approximately $66.2 million, according to IQVIA sales data. This figure indicates a stable market presence for the drug[4][5].
Market Forecasts
Global Market Trends
The global ophthalmic drugs market, including anti-glaucoma medications, is expected to grow driven by increasing demand in emerging countries and the rising incidence of chronic eye disorders. From 2011 to 2017, the market saw significant growth, although generic competition affected sales during this period. However, from 2018 to 2023, novel anti-glaucoma drugs and continued demand are expected to drive growth[2].
Specific Forecasts for TRAVATAN Z
- Historical Sales: TRAVATAN Z has shown consistent sales performance over the years. For instance, sales forecasts from 2011 to 2017 and from 2018 to 2023 indicated a stable market position despite generic competition[2].
- Future Projections: While specific future sales forecasts for TRAVATAN Z are not detailed in recent reports, the overall trend in the anti-glaucoma market suggests continued demand. Novel drugs and advancements in ophthalmic care are expected to maintain or slightly increase the market share of established products like TRAVATAN Z[2].
Generic Competition
A generic version of TRAVATAN Z, containing the active ingredient travoprost, was approved by the FDA in 2013. This has led to increased competition in the market. Recently, Glenmark Pharmaceuticals launched a generic formulation of travoprost ophthalmic solution, which is bioequivalent and therapeutically equivalent to TRAVATAN Z. This competition may impact the sales of the branded version, although TRAVATAN Z has maintained its market presence thus far[4][5].
Geographical Markets
The ophthalmic drugs market, including TRAVATAN Z, is influenced by developments in various geographical regions. Key markets include the US, Japan, EU5 (Germany, France, UK, Italy, and Spain), and emerging countries like Brazil, India, and China. The rising demand in these emerging markets is expected to contribute to the overall growth of the anti-glaucoma drug market[2].
Challenges and Opportunities
Challenges
- Generic Competition: The presence of generic versions of travoprost poses a significant challenge to the branded TRAVATAN Z.
- Market Saturation: The anti-glaucoma market is highly competitive, with several established brands and new entrants.
- Regulatory Environment: Changes in regulatory policies and patent expirations can affect the market dynamics.
Opportunities
- Growing Demand: The increasing incidence of chronic eye disorders and the aging population present opportunities for growth.
- Emerging Markets: Rising demand in emerging countries offers a potential for expanded market reach.
- Innovative Formulations: The development of new formulations and delivery systems can help differentiate TRAVATAN Z from competitors and address unmet needs in glaucoma treatment[1][2][3].
Key Takeaways
- Stable Sales Performance: TRAVATAN Z has maintained annual sales of around $66.2 million despite generic competition.
- Market Trends: The anti-glaucoma market is expected to grow driven by novel drugs and increasing demand in emerging countries.
- Generic Competition: The presence of generic travoprost formulations poses a challenge but has not significantly eroded TRAVATAN Z's market share.
- Geographical Growth: Emerging markets are expected to contribute to the overall growth of the anti-glaucoma drug market.
FAQs
Q: What is TRAVATAN Z used for? A: TRAVATAN Z is used for the reduction of elevated intraocular pressure in patients with open-angle glaucoma or ocular hypertension.
Q: What is the difference between TRAVATAN Z and the original TRAVATAN? A: TRAVATAN Z is formulated without benzalkonium chloride (BAK) and uses the SOFZIA™ preservative system to minimize ocular surface irritation[1].
Q: How much did TRAVATAN Z generate in sales in 2024? A: TRAVATAN Z achieved annual sales of approximately $66.2 million for the 12-month period ending September 2024[4][5].
Q: Is there a generic version of TRAVATAN Z available? A: Yes, a generic version of travoprost ophthalmic solution was approved by the FDA in 2013 and is available from several manufacturers, including Glenmark Pharmaceuticals[4][5].
Q: What are the key challenges facing TRAVATAN Z in the market? A: The key challenges include generic competition, market saturation, and changes in the regulatory environment[2][3].
Sources
- National Glaucoma Society - "Travatan Z Release Final 9-21-06"[1]
- PR Newswire - "Ophthalmic Drugs: World Market Prospects 2013-2023"[2]
- Business Wire - "Global Ophthalmic Drugs Contract Manufacturing Market Study 2020-2030"[3]
- DrugPatentWatch - "TRAVATAN Z Drug Patent Profile"[4]
- Financial Express - "Glenmark launches generic formulation for Glaucoma in United States"[5]
More… ↓