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Pharmaceutical

Worldwide Demand For Contraceptives To Register A Robust 6.4% CAGR By 2025 | Fact.MR Forecasts

Contraceptives Market Analysis by Product Type (Contraceptive drugs [Combined Contraceptives, Mini pills, Contraceptive Injectables], Contraceptive Devices [Female Condoms, Contraceptive Diaphragms, Contraceptive Sponges, IUD]), by Distribution Channel – Global Forecast 2025

Demand for contraceptives to register a robust 6.4% CAGR during the forecast period (2020-2025). The global contraceptives market shall surpass a valuation of US$ 37 Billion by the end of 2025.

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Global Contraceptives Market Segmentation

Fact.MR has studied the global contraceptives market with detailed segmentation on the basis of product type, distribution channel and key regions.

  • By Product Type :

    • Contraceptive drugs (hormonal):
      • Oral Contraceptives:
        • Combined Contraceptives
        • Mini pills
        • Contraceptive Injectable
        • Topical Contraceptive Patch
    • Contraceptive Devices:
      • Male Contraceptive Devices
      • Female Contraceptive Devices:
        • Female Condoms
        • Contraceptive Diaphragms
        • Contraceptive Sponges
        • Contraceptive Vaginal Rings
        • Intrauterine Devices
        • Sub-dermal Contraceptive Implants
        • Non-surgical Permanent Contraception Devices
  • By Distribution Channel :

    • Hospital Pharmacy:
      • Public
      • Private
    • Independent Pharmacy
    • Online Platform
    • Clinics
    • Others
  • By Key Regions :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

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The insights for each vendor consists of:

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing and gross margin

What insights does the Contraceptives Market report provide to the readers?

  • Contraceptives fragmentation on the basis of product type, end use, and region.
  • Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
  • Collaborations, R&D projects, acquisitions, and product launches of each Contraceptives player.
  • Various regulations imposed by the governments on the consumption of Contraceptives in detail.
  • Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Contraceptives.

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The report covers following Contraceptives Market insights and assessment that are helpful for all participants involved in the Contraceptives market:

  • Data on recently introduced regulations and their impact on key industries and on demand in Contraceptives
  • Latest industry Analysis on Contraceptives Market, with key analysis of market drivers, trends, and influencing factors
  • Key trends Analysis of Contraceptives Market and changing consumer preferences in major industries.
  • Changing Contraceptives demand and consumption of diverse products
  • Major trends underlining funding by key investors in numerous countries
  • New investment opportunities in diverse technology and product or service types
  • Comprehensive data and Competitive analysis of Contraceptives major players
  • Contraceptives Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
  • Contraceptives demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

Questionnaire answered in the Contraceptives Market report include:

  • How the market for Contraceptives has grown?
  • What is the present and future outlook of the global Contraceptives on the basis of region?
  • What are the challenges and opportunities for the Contraceptives?
  • Why the consumption of Contraceptives highest in region?
  • In which year segment is expected to overtake segment?

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Categories
Pharmaceutical

Augmenting Demand for Contraceptives Vaginal Rings to Bolster Global Market Revenue Growth During the Crisis Period of COVID-19

Prevalence of unwanted pregnancies has necessitated the need to seek more effective contraceptive treatment. A majority of these pregnancies occur among adolescents and young women and are the principal source of the spread of sexually transmitted infections. These include HIV, chlamydia, genital herpes and hepatitis B. Concerned by this, governments across the world have heavily invested in sexual education programs in order to acquaint people with the dangers of such diseases. The Sales of contraceptives in the Asia-Pacific are projected to surpass a value of US$ 7,925.7 by the end of 2025, expanding at a CAGR of 6.8%.

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“The global contraceptives market is expected to be leveraged significantly in the future, driven by accelerating instances of sexually transmitted infections. This has encouraged key market players to invest in research and development of effective contraceptive techniques. This shall be a significant growth driver,” concludes a Fact.MR analyst.

Propelled by these abovementioned factors, the global contraceptives market is set to expand positively during the forecast period (2020-2025). The global contraceptives market is projected to reach a value of US$ 37,242.7 by 2025-end, expanding at a CAGR of 6.4%. Other developments such as introduction of innovative devices is also expected to boost market growth for contraceptives.

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Mandatory social distancing amid the COVID-19 pandemic, however, is anticipated to generate tremors in the global contraceptives market supply chain, owing to limited production capacity due to less employee strength and avoidance of physical contact among adults.

global contraceptives market 01

Key Takeaways of Global Contraceptives Market Study

  • Contraceptive devices shall capture the maximum market share of the global contraceptives market (>50%). This is attributed to the major side effects of ingesting contraceptive drugs, such as nausea, headache, weight gain, increased bleeding, dysmenorrhea and menstrual changes, among women. The introduction of custom-fit condoms by key market players is equally expected to boost market share. Anticipated CAGR for the forecast period is pegged at 6.6%.
    • Hospitals shall account for the maximum distribution of contraceptive devices among patients. Favorable reimbursement policies to hospitals is a key driver behind the growth of this segment. Projections indicate a market share of one-third during the forecast period.
    • North America shall dominate the global contraceptives market, due to increased incidences of unwanted pregnancies and burgeoning demand for reversible contraceptives among the patients. The region is expected to surpass a valuation of US$ 12.9 Bn growing at a CAGR of 6.6% during the forecast period.
    • Asia-Pacific shows high potential for growth of the global contraceptives market. The region shows staggering prospects, with a CAGR pegged at 6.8% throughout the forecast period.
  • The COVID-19 pandemic is anticipated to initiate a decline in the sales of contraceptives globally. This is attributed to social distancing among young adults in order to contain the spread of the virus. This includes refrainment from any kind of physical contact, including sexual intercourse.
  • Supply-chain disruptions are anticipated, attributed to limited production capacity of manufacturing plants. Condoms, the most popular contraceptive, are anticipated to register significant downturn in production. The Asian market is poised to experience the maximum shortage as most condoms are produced in China and Indonesia.
  • Fortunately, healthcare practitioners and key manufacturers are taking proactive measures to ensure minimum supply-chain disruptions to the global contraceptives market. To that end, the UN Population Fund (UNFPA) has urged governments across the world to encourage public and private partnerships to mobilize the private sector and enhance the supplies of sanitary items, medical equipment and antiretroviral drugs. The fund also calls for appropriate administration and in-country distribution of required sexual and reproductive health (SRH) products and unceasing investment in strengthening the reproductive and sexual health supply chain.

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Global Contraceptives Market: Competitive Landscape

With a highly fragmented market, several important players dominate the contraceptives market. Some of the key market players are: Allergen, plc, Pfizer, Inc, Teva Pharmaceutical Industries Ltd., Bayer AG and Janssen Pharmaceutical Company. The companies primarily concentrate on product launches in order to broaden their market footprint. Pfizer Inc, for instance, manufactures Sayana Press, an injectable contraceptive for women available in the U.K. The company is also in the process of conducting a study evaluating levonorgestrel and ethinyl estradiol as potential oral contraceptives.

Merck & Co, Inc., offers contraceptive care in the form of combined oral pills, vaginal rings, intrauterine devices and sub-dermal implants. Popular products include Cyclessa, Desogen, NuvaRing, Implanon and Nexplanon. Another important player, Cipla, manufactures oral contraceptives named Crisanta. The medicine contains Drospirenone which prevents the fertilization of the egg with the sperm. It also induces hormonal changes contributing to the prevention of pregnancy.

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The research study on the global contraceptives market by Fact.MR incorporates an unbiased assessment of key factors and trends responsible for shaping the landscape of the global contraceptives market over 2020-2025. It includes a detailed assessment of key parameters that are anticipated to exert influence during 2020-2025. Market statistics have been presented on the basis of Product (Contraceptive drugs and Contraceptive devices) and Distribution Channel (Hospital Pharmacy, Independent Pharmacy, Online Platforms, Clinics and Others) across five major regions.

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