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Drug Price Trends for DEPO-PROVERA
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Average Pharmacy Cost for DEPO-PROVERA
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DEPO-PROVERA 150 MG/ML VIAL | 00009-0746-30 | 50.54200 | ML | 2025-03-19 |
| DEPO-PROVERA 150 MG/ML SYRINGE | 00009-7376-11 | 53.02100 | ML | 2025-03-19 |
| DEPO-PROVERA 150 MG/ML VIAL | 00009-0746-30 | 50.54200 | ML | 2025-02-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Market Analysis and Price Projections for Depo-Provera
Introduction to Depo-Provera
Depo-Provera, also known as medroxyprogesterone acetate, is a widely used injectable contraceptive that has been a staple in reproductive health for decades. It is administered via intramuscular injection every three months and is known for its high efficacy in preventing pregnancy.
Market Dominance and Share
Depo-Provera holds a significant market share in the global injectable contraceptives market. By 2021, it controlled approximately 60% of the global phase III progesterone-only injectable contraceptives market, making it a leading player in this segment[4].
Market Drivers
Several factors drive the demand for Depo-Provera and other injectable contraceptives:
Increasing Awareness and Education
There is a growing awareness about the benefits of injectable contraceptives, particularly among women who seek effective and convenient methods of pregnancy prevention. This increased knowledge has contributed to the expansion of the market[4].
High Efficacy
Depo-Provera is highly effective, with a failure rate of only about 4% per year, making it a reliable choice for those seeking to prevent pregnancy. This high efficacy rate is a major driver for its popularity[4].
Convenience
The need for injections only every three months makes Depo-Provera more flexible and less burdensome than daily oral contraceptives. This convenience is a significant factor in its market appeal[4].
Demographic Analysis
Age Groups
The market for Depo-Provera is segmented across various age groups, with the highest demand typically coming from women aged 15-34 years. This demographic is particularly attracted to the convenience and efficacy of injectable contraceptives[4].
Geographic Distribution
The market is also segmented geographically, with North America being a significant region. However, the demand for Depo-Provera is global, reflecting the universal need for effective contraceptive methods[4].
Cost and Pricing
Current Pricing
The cost of Depo-Provera can vary depending on the region and pharmacy. In the United States, the price for a 1 milliliter supply of Depo-Provera intramuscular suspension is around $65 for cash-paying customers. Generic versions are available at a lower cost, starting from around $35 for 1 milliliter[2].
International Pricing
In other regions, such as India, the price for a pre-filled syringe of Depo-Provera can be significantly lower, around ₹286.75 (approximately $3.50 USD), reflecting local market dynamics and pricing strategies[3].
Cost-Benefit Analysis
A cost-benefit analysis of hormonal contraceptive methods, including Depo-Provera, has shown that Depo-Provera has the highest net benefit among the methods analyzed. This is due to its high efficacy, long-lasting protection, and the convenience of fewer administrations compared to other methods[5].
Price Projections
Market Trends
The injectable contraceptives market, driven by the increasing demand for effective and convenient pregnancy prevention methods, is expected to grow. The market share of Depo-Provera is likely to remain strong due to its established reputation and high efficacy[4].
Economic Factors
Economic factors such as the availability of generic versions and discount programs can influence pricing. For instance, the use of discount cards can reduce the cost of Depo-Provera by up to 80% in some cases[2].
Future Pricing
Given the growing demand and the competitive landscape, prices for Depo-Provera are likely to remain stable or see moderate increases. The availability of generic options will continue to provide affordable alternatives, keeping prices in check.
Competitive Landscape
The market for injectable contraceptives is dominated by Depo-Provera, but other products like norethisterone enanthate also exist. The competitive landscape is influenced by the introduction of new products and the expansion of existing ones into new markets[4].
Regulatory and Health Considerations
Safety and Efficacy
Depo-Provera has been associated with some health risks, such as an increased relative risk of breast cancer in women under 35 years old who were first exposed to the drug within the previous four years. However, the overall relative risk for ever-users is not significantly elevated[1].
Regulatory Approvals
Depo-Provera has been approved by regulatory bodies such as the FDA and is widely available in many countries. Regulatory approvals and guidelines play a crucial role in the market dynamics of pharmaceutical products.
Key Takeaways
- Market Dominance: Depo-Provera controls a significant share of the global injectable contraceptives market.
- High Efficacy: It has a failure rate of about 4% per year, making it highly effective.
- Convenience: Injections are required only every three months, making it more convenient than daily oral contraceptives.
- Cost: Prices vary globally, with generic versions available at lower costs.
- Cost-Benefit Analysis: Depo-Provera has the highest net benefit among analyzed hormonal contraceptive methods.
- Future Projections: Prices are likely to remain stable or see moderate increases due to growing demand and competitive market dynamics.
FAQs
What is the primary advantage of using Depo-Provera?
The primary advantage of using Depo-Provera is its high efficacy in preventing pregnancy, with a failure rate of only about 4% per year, and the convenience of requiring injections only every three months.
How much does Depo-Provera cost?
The cost of Depo-Provera can vary, but in the United States, it is around $65 for a 1 milliliter supply for cash-paying customers. Generic versions are available at a lower cost, starting from around $35.
Is Depo-Provera associated with any health risks?
Yes, Depo-Provera has been associated with an increased relative risk of breast cancer in women under 35 years old who were first exposed to the drug within the previous four years. However, the overall relative risk for ever-users is not significantly elevated.
What is the market share of Depo-Provera in the global injectable contraceptives market?
By 2021, Depo-Provera controlled approximately 60% of the global phase III progesterone-only injectable contraceptives market.
Are there any discount programs available for Depo-Provera?
Yes, there are discount programs and cards available that can reduce the cost of Depo-Provera by up to 80%.
How does the cost of Depo-Provera compare internationally?
The cost of Depo-Provera can be significantly lower in some regions, such as India, where it can cost around ₹286.75 (approximately $3.50 USD) for a pre-filled syringe.
Sources
- FDA Label: Depo-Provera Contraceptive Injection Label[1].
- Drugs.com: Depo Provera Prices, Coupons, Copay Cards & Patient Assistance[2].
- PharmEasy: Depo Provera 150mg Pre Filled Syringe Of 1ml Injection[3].
- Stellar Market Research: Injectable Contraceptives Market - Industry Analysis and Forecast[4].
- PubMed: A cost-benefit analysis of four hormonal contraceptive methods[5].
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