Drug Price Trends for FT ALLERGY RELIEF D-24HR TAB

Average Pharmacy Cost for FT ALLERGY RELIEF D-24HR TAB

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

Drug Name	NDC	Price/Unit ($)	Unit	Date
FT ALLERGY RELIEF D-24HR TAB	70677-1018-01	0.55364	EACH	2024-12-18
FT ALLERGY RELIEF D-24HR TAB	70677-1018-02	0.55364	EACH	2024-12-18
FT ALLERGY RELIEF D-24HR TAB	70677-1018-01	0.48159	EACH	2024-11-20
FT ALLERGY RELIEF D-24HR TAB	70677-1018-02	0.48159	EACH	2024-11-20

FT ALLERGY RELIEF D-24HR TAB Market Analysis and Financial Projection

Market Analysis and Price Projections for FT ALLERGY RELIEF D-24HR TAB

Overview of FT ALLERGY RELIEF D-24HR TAB

FT ALLERGY RELIEF D-24HR TAB, similar to other allergy relief medications like Allegra-D and ZYRTEC-D, combines an antihistamine and a decongestant to provide comprehensive relief from allergy and congestion symptoms. The active ingredients typically include an antihistamine such as loratadine or fexofenadine, and a decongestant like pseudoephedrine[5].

Market Size and Growth of the Allergy Treatment Market

The allergy treatment market, which includes products like FT ALLERGY RELIEF D-24HR TAB, is experiencing significant growth. As of 2024, the global allergy treatment market is estimated to be around USD 21.05 billion and is projected to grow at a CAGR of 8.10% to reach USD 31.07 billion by 2029[3].

Key Drivers of Market Growth

• Increasing Prevalence of Allergies: The rising number of people affected by various types of allergies, such as seasonal allergic rhinitis, asthma, and food allergies, is a major driver. For instance, over 100 million Americans are affected by various types of allergies each year[3].
• Advancements in Treatment Technologies: Innovations in immunotherapy, telemedicine, and allergy monitoring tools are enhancing patient care and treatment outcomes, contributing to market growth[3][4].
• Self-Medication Trends: The growing importance of self-medication and over-the-counter (OTC) products is also driving the market[3].

Regional Market Analysis

North America

North America holds the largest share in the allergy treatment market due to its advanced healthcare infrastructure and high prevalence of respiratory diseases. The region's strong market presence is further bolstered by the increasing adoption of immunotherapy and other advanced treatments[3].

Asia-Pacific

The Asia-Pacific region is the fastest-growing market, driven by rising allergy cases, improving economic conditions, and increasing awareness about advanced treatments. This region is expected to see significant growth in the coming years[3].

Competitive Landscape

The allergy treatment market is competitive, with major players such as Johnson & Johnson, Sanofi SA, GlaxoSmithKline PLC, and F. Hoffmann-La Roche Ltd. (Genentech Inc.) investing heavily in research and development (R&D) and launching innovative products. These companies are continually improving their product offerings to meet the growing demand for effective allergy treatments[3].

Pricing and Cost Considerations

Current Pricing

The pricing of FT ALLERGY RELIEF D-24HR TAB and similar products is generally competitive within the OTC allergy relief market. For example, Allegra-D 24-hour tablets are available in various pack sizes, such as 10-count and 15-count tablets, and are sold behind the pharmacy counter in most US states without a prescription, except in Mississippi and Oregon[1].

Price Projections

Given the market growth and increasing demand, prices for these products are likely to remain stable or see moderate increases. However, competition and regulatory factors can influence pricing. Here are some key points to consider:

• Competition: The presence of multiple brands and generic options keeps prices competitive. For instance, products like ZYRTEC-D and Claritin-D offer similar relief, which can affect pricing strategies[2][5].
• Regulatory Environment: Changes in regulatory policies or the approval of new treatments can impact pricing. For example, the approval of new immunotherapy products can shift market dynamics and pricing[3].
• Economic Factors: Economic conditions, such as inflation and healthcare spending trends, can also influence the pricing of these products.

Consumer Preferences and Behavior

Consumers are increasingly seeking non-drowsy, effective, and convenient allergy relief solutions. Products like FT ALLERGY RELIEF D-24HR TAB, which offer 24-hour relief and are non-drowsy, are in high demand. The convenience of OTC availability and the reputation of the brand also play significant roles in consumer purchasing decisions[1][2].

Distribution Channels

The distribution of FT ALLERGY RELIEF D-24HR TAB and similar products is primarily through retail pharmacies, online pharmacies, and sometimes behind the pharmacy counter. The ease of access through these channels contributes to their popularity and market penetration[3].

Key Takeaways

• The allergy treatment market is growing significantly, driven by increasing allergy prevalence and advancements in treatment technologies.
• North America is the largest market, while the Asia-Pacific region is the fastest-growing.
• The competitive landscape is dominated by major pharmaceutical companies investing in R&D.
• Pricing is competitive and influenced by regulatory, economic, and consumer preference factors.
• Distribution channels include retail and online pharmacies, with some products available behind the pharmacy counter.

FAQs

What is the current size of the allergy treatment market?

The allergy treatment market is estimated to be around USD 21.05 billion in 2024[3].

What is the projected growth rate of the allergy treatment market?

The market is expected to grow at a CAGR of 8.10% from 2024 to 2029[3].

Which region is the fastest-growing in the allergy treatment market?

The Asia-Pacific region is the fastest-growing market segment[3].

What are the key drivers of the allergy treatment market growth?

Key drivers include the increasing prevalence of allergies, advancements in treatment technologies, and the growing importance of self-medication[3].

What are the typical active ingredients in FT ALLERGY RELIEF D-24HR TAB?

Typical active ingredients include an antihistamine like loratadine or fexofenadine and a decongestant like pseudoephedrine[5].

Where can FT ALLERGY RELIEF D-24HR TAB be purchased?

These products are generally available at retail pharmacies and online pharmacies, with some requiring purchase behind the pharmacy counter[1][5].

Sources

1. Allegra-D 24 Hour Tablets - Allegra.
2. ZYRTEC-D Allergy Medicine plus Decongestant - ZYRTEC.
3. Allergy Treatment Market Analysis - Mordor Intelligence.
4. Allergy Treatment Market Size and Share Projected to Surpass USD 34.9 Billion by 2034 - GlobeNewswire.
5. ALLERGY RELIEF-D - loratadine and pseudoephedrine tablet, film coated, extended release - DailyMed.