While the specific NDC code 23155-0486 is not provided in the sources, we can analyze the market and price trends for Furosemide, a drug with similar NDC codes (e.g., 23155-473), to draw relevant insights.
Drug Overview
Furosemide is a potent diuretic used to treat fluid build-up (edema) and swelling that is caused by congestive heart failure, liver disease, a severe kidney disorder, or a kidney disorder called nephrotic syndrome. It is available in various formulations, including injections and oral tablets[1].
Market Demand
The demand for diuretics like Furosemide is consistent due to the prevalence of conditions such as heart failure, liver disease, and kidney disorders. This demand is expected to remain stable or increase slightly due to the growing global population and the increasing incidence of these conditions.
Price Trends
Current Pricing
The pricing of Furosemide can vary based on the formulation, strength, and packaging. For example, Furosemide Injection, USP, is available in various vial sizes and concentrations, with prices that can fluctuate based on the supplier and market conditions. However, specific price data for NDC 23155-473 is not provided in the sources.
General Market Trends
The overall prescription drug market, including diuretics, is expected to grow at a Compound Annual Growth Rate (CAGR) of 9% through 2030. This growth is driven by increasing healthcare needs, advancements in medical technology, and the expanding global population[4].
Factors Influencing Pricing
Supply and Demand
The balance between supply and demand plays a crucial role in determining the prices of pharmaceuticals. Any disruptions in the supply chain or changes in demand can lead to price fluctuations.
Regulatory Environment
Regulatory changes and policies can significantly impact drug pricing. For instance, government initiatives to control healthcare costs can lead to price caps or discounts for certain medications.
Competition
The presence of generic versions of Furosemide can drive prices down as generic drugs are generally cheaper than their brand-name counterparts. The market for Furosemide is highly competitive, with multiple manufacturers offering the drug, which helps in keeping prices in check.
Price Projections
Given the stable demand and the competitive market, the prices of Furosemide are likely to remain relatively stable or experience minor fluctuations. Here are some key points to consider:
Short-Term Projections
In the short term, prices may see minor adjustments based on supply chain dynamics, regulatory changes, and market competition. However, significant price hikes are unlikely due to the competitive nature of the market.
Long-Term Projections
Over the long term, the prices of Furosemide are expected to follow the general trend of the prescription drug market, which is projected to grow at a CAGR of 9% through 2030. This growth will be influenced by broader healthcare trends and economic factors rather than specific changes in the demand for Furosemide.
Impact of Technological Advancements
Technological advancements, such as the use of artificial intelligence (AI) in pharmaceutical development and operations, could potentially influence pricing by improving efficiency and reducing costs. However, these effects are more likely to be seen in the development of new drugs rather than in the pricing of established medications like Furosemide[3].
Key Takeaways
- Stable Demand: The demand for Furosemide is expected to remain stable due to its use in treating common conditions.
- Competitive Market: The presence of multiple manufacturers and generic versions helps in keeping prices competitive.
- Regulatory and Supply Chain Factors: Prices can be influenced by regulatory changes and supply chain disruptions.
- Long-Term Growth: The overall prescription drug market is expected to grow, but this may not significantly impact the pricing of Furosemide.
FAQs
What is Furosemide used for?
Furosemide is used to treat fluid build-up (edema) and swelling caused by congestive heart failure, liver disease, a severe kidney disorder, or a kidney disorder called nephrotic syndrome.
How is Furosemide administered?
Furosemide can be administered orally or via injection. The injection form is typically used in clinical settings for rapid diuresis.
What are the potential side effects of Furosemide?
Furosemide can lead to profound diuresis with water and electrolyte depletion if given in excessive amounts. Other side effects include dizziness, headache, and changes in blood pressure.
Can Furosemide be used in children?
Yes, but with careful medical supervision. The maximum dose for premature infants should not exceed 1 mg/kg/day[1].
How does the use of AI impact the pharmaceutical industry?
AI is expected to increase its presence in standard operations in clinical development, help train internal data science models, and address complex topics such as the probability of technical and regulatory success[3].
Sources
- DailyMed: Furosemide injection, solution - DailyMed.
- Missouri Specialty MAC: MISSOURI SPECIALTY MAC NAME OF DRUG Strength NDC Price Effective January 1, 2023.
- Intelligencia.ai: 2025 Pharma Predictions: AI, Health Tech, and Data Trends to Watch.
- DrugPatentWatch: Latest drug prices and trends for NDC 00054-0319.