Drug Price Trends for GNP PINK BISMUTH

Average Pharmacy Cost for GNP PINK BISMUTH

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

Drug Name	NDC	Price/Unit ($)	Unit	Date
GNP PINK BISMUTH 262 MG TB CHW	46122-0701-65	0.07677	EACH	2024-12-18
GNP PINK BISMUTH 525 MG/15 ML	46122-0747-06	0.01203	ML	2024-12-18
GNP PINK BISMUTH 262 MG TB CHW	46122-0701-65	0.07387	EACH	2024-11-20
GNP PINK BISMUTH 525 MG/15 ML	46122-0747-06	0.01212	ML	2024-11-20

GNP PINK BISMUTH Market Analysis and Financial Projection

Market Analysis and Price Projections for GNP PINK BISMUTH

Introduction to GNP PINK BISMUTH

GNP PINK BISMUTH, also known as bismuth subsalicylate, is a widely used over-the-counter (OTC) medication for relieving various gastrointestinal symptoms such as diarrhea, heartburn, indigestion, nausea, and upset stomach. It is available in various forms, including chewable tablets and oral suspensions.

Market Size and Growth

The global bismuth market, which includes bismuth subsalicylate, is projected to grow significantly over the next decade. As of 2023, the global bismuth market was valued at USD 254 million and is expected to reach USD 426 million by 2033, growing at a Compound Annual Growth Rate (CAGR) of 5.3%[1].

Segmentation and Key Applications

By Derivative

Bismuth subsalicylate is one of the key derivatives in the bismuth market. The oxides segment, which includes various bismuth compounds, held a significant market share of 34.5% in 2023. However, bismuth subsalicylate, categorized under other derivatives, plays a crucial role in the pharmaceutical and cosmetic sectors[1].

By Application

The pharmaceutical and cosmetic additives segment, where bismuth subsalicylate is primarily used, accounted for a substantial share of 38.9% of the market in 2023. This segment is driven by the increasing demand for bismuth-based medications for treating stomach ulcers, irritable bowel syndrome, and diarrhea[1].

By End-use Industry

The pharmaceutical industry is the largest consumer of bismuth, with a market share of 37.5% in 2023. Bismuth subsalicylate is particularly important in this sector due to its efficacy in treating gastrointestinal infections and its role as an alternative to antibiotics in some cases[1].

Price Analysis

Current Pricing

The cost for bismuth subsalicylate 262 mg oral tablet, chewable, is around $11 for a supply of 30 tablets, depending on the pharmacy. This price can vary, but it generally ranges between $6.79 and $11 for a similar quantity[2][5].

Price Variations

Prices can fluctuate due to various factors such as stock shortages, pharmacy discounts, and the use of discount cards. For instance, the Drugs.com Discount Card can save consumers up to 80% on prescription and OTC medications, including bismuth subsalicylate[2].

Geopolitical and Economic Factors

Geopolitical events and economic changes significantly impact the bismuth market. The COVID-19 pandemic disrupted supply chains, affecting the demand and supply of bismuth globally. Similarly, trade wars and regional conflicts can influence bismuth production, exports, and imports, leading to price fluctuations[1].

Regional Market Analysis

The Asia-Pacific (APAC) region is a key driver of the bismuth market, including bismuth subsalicylate. This region is experiencing rapid growth in the pharmaceutical sector, driven by investments in research and development and the increasing prevalence of diseases such as cancer and gastrointestinal infections. The APAC region is expected to continue its dominance in the bismuth market in the coming years[3].

Competitive Landscape

The market for bismuth subsalicylate is competitive, with several brands available, including Kaopectate and Pink Bismuth. Pharmaceutical companies are focusing on formulating new drugs that incorporate bismuth compounds, which is expected to drive market growth. The expansion of end-use industries, particularly in emerging economies, is also contributing to the competitive landscape[1][3].

Future Projections

Given the growing demand for bismuth-based medications and the expansion of the pharmaceutical sector, the market for GNP PINK BISMUTH is expected to grow steadily. Here are some key projections:

• Market Growth: The global bismuth market is projected to grow at a CAGR of 5.3% from 2023 to 2033[1].
• Price Stability: While prices may fluctuate due to geopolitical and economic factors, the overall trend suggests stable to slightly increasing prices due to increasing demand and production costs.
• Regional Expansion: The APAC region will continue to be a significant market for bismuth subsalicylate, driven by the growth of the pharmaceutical sector and increasing healthcare needs[3].

Key Takeaways

• The global bismuth market, including bismuth subsalicylate, is expected to reach USD 426 million by 2033.
• The pharmaceutical and cosmetic additives segment drives a significant portion of the market.
• The APAC region is a key growth driver due to its expanding pharmaceutical sector.
• Geopolitical and economic factors can influence market dynamics and prices.
• Bismuth subsalicylate remains a crucial medication in treating gastrointestinal symptoms.

FAQs

What is the current market size of the global bismuth market?

The global bismuth market was valued at USD 254 million in 2023[1].

What is the projected CAGR for the global bismuth market?

The global bismuth market is expected to grow at a CAGR of 5.3% from 2023 to 2033[1].

What are the primary applications of bismuth subsalicylate?

Bismuth subsalicylate is primarily used in the pharmaceutical and cosmetic sectors for treating gastrointestinal symptoms such as diarrhea, heartburn, and indigestion[1][4].

How does the APAC region influence the bismuth market?

The APAC region is a significant driver of the bismuth market due to its growing pharmaceutical sector, increasing investments in R&D, and rising prevalence of diseases such as cancer and gastrointestinal infections[3].

What factors can affect the price of bismuth subsalicylate?

Prices can be affected by stock shortages, pharmacy discounts, use of discount cards, geopolitical events, and economic changes[1][2].

Cited Sources

1. Market.us: Bismuth Market Size, Share | CAGR of 5.3% - https://market.us/report/bismuth-market/
2. Drugs.com: Bismuth subsalicylate Prices, Coupons, Copay Cards & Patient Assistance - https://www.drugs.com/price-guide/bismuth-subsalicylate
3. P&S Intelligence: Bismuth Nitrate Market | Forecast Report, 2030 - https://www.psmarketresearch.com/market-analysis/bismuth-nitrate-market-report
4. DailyMed: GNP PINK BISMUTH- bismuth subsalicylate tablet, chewable - https://dailymed.nlm.nih.gov/dailymed/drugInfo.cfm?setid=fb792842-4619-4f89-9814-c09d38253880
5. Southside Drugstore: GNP PINK BISMUTH CHEW TABLET 30CT - https://southsidedrugstore.com/10046913-002.html