Drug Price Trends for PEG-3350 AND ELECTROLYTES SOLN

Average Pharmacy Cost for PEG-3350 AND ELECTROLYTES SOLN

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

Drug Name	NDC	Price/Unit ($)	Unit	Date
PEG-3350 AND ELECTROLYTES SOLN	10572-0100-01	0.00408	ML	2024-12-18
PEG-3350 AND ELECTROLYTES SOLN	64380-0766-21	0.00408	ML	2024-12-18
PEG-3350 AND ELECTROLYTES SOLN	10572-0100-01	0.00355	ML	2024-11-20
PEG-3350 AND ELECTROLYTES SOLN	64380-0766-21	0.00355	ML	2024-11-20
PEG-3350 AND ELECTROLYTES SOLN	10572-0100-01	0.00454	ML	2024-10-23
PEG-3350 AND ELECTROLYTES SOLN	64380-0766-21	0.00454	ML	2024-10-23
PEG-3350 AND ELECTROLYTES SOLN	10572-0100-01	0.00469	ML	2024-09-18

PEG-3350 AND ELECTROLYTES SOLN Market Analysis and Financial Projection

Polyethylene Glycol 3350 with Electolytes: Market Analysis and Price Projections

Introduction to PEG-3350 with Electolytes

Polyethylene Glycol 3350 with Electolytes (PEG-3350 with Electolytes) is a widely used laxative and bowel preparation solution. It is part of the broader polyethylene glycol (PEG) market, which is experiencing significant growth due to its versatile applications in healthcare, cosmetics, and other industries.

Market Size and Growth

The global polyethylene glycol market, which includes PEG-3350, is projected to grow substantially in the coming years. According to recent analyses, the global PEG market was valued at USD 5667.81 million in 2021 and is expected to reach USD 10,074.39 million by 2030, growing at a CAGR of 6.68%[3].

Specific Segment: PEG-3350 with Electolytes

The PEG-3350 segment, in particular, is anticipated to grow at a CAGR of 5.8% during the forecast period. This growth is driven by its widespread use for short-term and long-term relief of constipation, including in patients with conditions such as multiple sclerosis and Parkinson’s disease[3].

Applications and Demand

PEG-3350 with Electolytes is primarily used for:

• Bowel Preparation: Before colonoscopies and other gastrointestinal procedures.
• Constipation Relief: For both chronic and acute constipation, especially in cases caused by pharmaceuticals like opioids and anticholinergics[3][5].

The increasing prevalence of chronic constipation, affecting between 2-35% of the population, further boosts the demand for PEG-3350 with Electolytes[3].

Pricing and Cost Considerations

The cost of PEG-3350 with Electolytes can vary based on several factors, including the pharmacy and any available discounts or patient assistance programs. Here are some current pricing details:

• Oral Powder for Reconstitution: The cost is around $17 for a supply of 4000 milliliters, with prices ranging from $17.38 to $20.42 depending on the pharmacy[2].

Price Fluctuations

The pricing of PEG-3350 with Electolytes can be influenced by several factors, including:

• Raw Material Costs: Ethylene glycol, the raw material from which PEG is derived, is subject to price fluctuations due to inadequate production and research & development costs[1].
• Production Costs: The synthesis process of PEG is expensive and time-consuming, contributing to higher production costs and potential price increases[1].

Effectiveness and Safety

Studies have shown that PEG-3350 with and without electrolytes have similar effectiveness and safety profiles. However, there are some differences in biological tolerance and electrolyte imbalances:

• Biological Tolerance: Both formulations have been found to be generally safe, though there were statistically significant differences in abnormal laboratory results between the two groups[4].
• Electrolyte Imbalances: Minor but significant changes in electrolytes were observed, particularly with the use of PEG-3350 without electrolytes, but these were not clinically significant in most cases[5].

Market Drivers and Challenges

Drivers

• Increasing Demand in Healthcare: The growing need for effective laxatives and bowel preparation solutions in the healthcare sector drives the market growth.
• Pharmaceutical Applications: PEG-3350's role in enhancing the solubility and bioavailability of drugs contributes to its increasing demand[1][3].

Challenges

• Raw Material Costs and Availability: Fluctuations in the cost and availability of ethylene glycol can impact the production and pricing of PEG-3350 with Electolytes.
• Regulatory Considerations: Changes in market regulations and product approvals can influence the market dynamics[1].

Recent Developments and Innovations

The PEG market is witnessing several innovations, particularly in the area of drug formulations. For instance:

• Attachment of Reactive Functional Groups: The ability to attach various reactive functional groups to PEG molecules has increased their utility in drug formulations, enhancing their solubility and bioavailability[3].

Geographic Market Analysis

The global PEG market, including PEG-3350 with Electolytes, is diverse and influenced by regional demand and regulatory environments. The United States, for example, shows significant revenue growth in the pharmaceutical sector, which includes the use of PEG-based products[1].

Key Players and Market Structure

The global PEG market involves various producers, suppliers, and consumers. Major players in the market focus on innovation, pricing strategies, and sustainable practices to maintain market share. The market structure is dynamic, with opportunities emerging in terms of new revenue pockets and technological innovations[1].

Patient Assistance and Copay Programs

While there are no specific patient assistance programs for PEG-3350 with Electolytes, patients can benefit from general discount cards and copay programs that reduce the cost of prescription and over-the-counter medications. These programs can help make the medication more affordable for individuals with low income or those who are uninsured/under-insured[2].

Conclusion

The market for PEG-3350 with Electolytes is poised for significant growth driven by its increasing demand in healthcare and pharmaceutical applications. Despite challenges related to raw material costs and regulatory considerations, the market is expected to expand, reaching substantial revenue by 2030.

Key Takeaways

• Market Growth: The global PEG market, including PEG-3350 with Electolytes, is expected to grow at a CAGR of 6.68% by 2030.
• Applications: PEG-3350 with Electolytes is widely used for bowel preparation and constipation relief.
• Pricing: The cost is around $17 for a 4000 milliliter supply, with potential fluctuations due to raw material costs.
• Effectiveness and Safety: Both formulations with and without electrolytes have similar effectiveness and safety profiles.
• Market Drivers: Increasing demand in healthcare and pharmaceutical applications drive the market growth.

FAQs

Q: What is the primary use of PEG-3350 with Electolytes? A: PEG-3350 with Electolytes is primarily used for bowel preparation before colonoscopies and for the relief of chronic and acute constipation.

Q: How much does PEG-3350 with Electolytes cost? A: The cost is around $17 for a supply of 4000 milliliters, depending on the pharmacy and any available discounts.

Q: What are the key drivers of the PEG-3350 market growth? A: The increasing demand in healthcare and pharmaceutical applications, particularly in the treatment of constipation and as a bowel preparation solution, drive the market growth.

Q: Are there any patient assistance programs for PEG-3350 with Electolytes? A: While there are no specific patient assistance programs for PEG-3350 with Electolytes, patients can benefit from general discount cards and copay programs.

Q: How does the raw material cost affect the pricing of PEG-3350 with Electolytes? A: The cost of ethylene glycol, the raw material from which PEG is derived, can fluctuate, impacting the production and pricing of PEG-3350 with Electolytes.

Sources

1. Data Bridge Market Research: Polyethylene Glycol Market Size, Outlook, & Industry Trends By 2030.
2. Drugs.com: PEG-3350 with Electolytes Prices, Coupons, Copay Cards & Patient Assistance.
3. Reports and Data: Macrogol/Polyethylene Glycol (PEG) Market Growth 2022-2030.
4. Anales de Pediatría: Comparison of the effectiveness and safety of polyethylene glycol.
5. Jefferson Digital Commons: Randomised clinical trial: Polyethylene glycol 3350 with sports drink.