Market Analysis and Price Projections for NDC 31722-0857: Eszopiclone
Introduction
Eszopiclone, marketed under the NDC code 31722-0857 by Camber Pharmaceuticals, Inc., is a nonbenzodiazepine hypnotic agent used primarily for the treatment of insomnia. Here, we will delve into the market analysis and price projections for this drug.
Market Context
The pharmaceutical market is expected to see significant growth in the coming years. According to Evaluate's 2024 World Preview Report, global prescription drug sales are forecasted to reach $1.7 trillion by 2030, with a growth rate of 7.7%[4].
Drug Overview
Eszopiclone, under the NDC code 31722-0857, is one of the many drugs manufactured by Camber Pharmaceuticals, Inc. It is used to treat insomnia characterized by difficulties with sleep onset and/or sleep maintenance[1][5].
Market Trends
Several trends are shaping the pharmaceutical industry, which can impact the market for eszopiclone:
Adoption of AI and Health Tech
The use of artificial intelligence (AI) and health technology is becoming more prevalent. By 2025, the adoption of AI in standard operations in clinical development is expected to double, which could streamline the production and distribution of drugs like eszopiclone[3].
External Data Utilization
Pharmaceutical companies are increasingly relying on external data to train internal data science models. This trend can help in better market analysis and pricing strategies for drugs[3].
Focus on Chronic Conditions
The market is shifting towards treating big diseases, such as obesity, but also includes a focus on chronic conditions like insomnia. This shift can influence the demand and pricing of drugs like eszopiclone[4].
Pricing Dynamics
Pricing for pharmaceuticals is influenced by several factors, including production costs, market demand, regulatory approvals, and competition.
Current Pricing
As of the latest available data, the pricing for eszopiclone under NDC 31722-0857 is not explicitly stated in the sources provided. However, it is generally priced competitively within the market for nonbenzodiazepine hypnotics.
Price Projections
Given the overall growth in the pharmaceutical market and the specific trends in AI and data utilization, here are some potential price projection considerations:
- Increased Efficiency: With the adoption of AI in clinical development and manufacturing, production costs could decrease, potentially leading to stable or slightly reduced prices for eszopiclone.
- Market Demand: As the population ages and the prevalence of insomnia increases, demand for effective treatments like eszopiclone may rise, which could lead to stable or slightly increased prices.
- Regulatory Environment: Changes in regulatory policies or the introduction of new competitors could impact pricing. However, given the established presence of Camber Pharmaceuticals, Inc., significant price fluctuations are less likely.
Competitive Landscape
The market for insomnia treatments is competitive, with several other drugs available, including benzodiazepines and other nonbenzodiazepine hypnotics. Camber Pharmaceuticals, Inc. competes with other generic and brand-name manufacturers, which helps keep prices competitive.
Key Takeaways
- Market Growth: The global pharmaceutical market is expected to grow significantly by 2030.
- AI and Health Tech: Increased adoption of AI and health technology will streamline production and distribution.
- Pricing Dynamics: Prices for eszopiclone are likely to remain stable or see slight adjustments based on production efficiency, market demand, and regulatory factors.
- Competitive Landscape: The competitive nature of the insomnia treatment market helps maintain competitive pricing.
FAQs
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What is the primary use of eszopiclone under NDC 31722-0857?
- Eszopiclone under NDC 31722-0857 is primarily used to treat insomnia characterized by difficulties with sleep onset and/or sleep maintenance.
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How is the pharmaceutical market expected to grow by 2030?
- The global prescription drug sales are forecasted to reach $1.7 trillion by 2030, with a growth rate of 7.7%[4].
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What role does AI play in the pharmaceutical industry?
- AI is expected to double in adoption for standard operations in clinical development by 2025, and it will be used more extensively for training internal data science models and generating reports[3].
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How does the focus on chronic conditions impact the market for eszopiclone?
- The focus on treating chronic conditions like insomnia can influence the demand and pricing of drugs like eszopiclone, potentially leading to stable or slightly increased prices.
-
What factors influence the pricing of eszopiclone?
- Pricing for eszopiclone is influenced by production costs, market demand, regulatory approvals, and competition within the insomnia treatment market.
Sources
- Find a Code: Camber Pharmaceuticals, Inc. - List of Drugs - NDC Labeler
- Missouri Specialty MAC: January 2023 MISSOURI SPECIALTY MAC NAME OF DRUG Strength
- Intelligencia AI: 2025 Pharma Predictions: AI, Health Tech, and Data Trends to Watch
- Evaluate: Evaluate Releases 2030 Forecasts for Global Pharmaceutical Market
- Find a Code: Camber Pharmaceuticals - List of Drugs - NDC Labeler/Manufacturer
