HOUSTON, April 17, 2023 (GLOBE NEWSWIRE) -- Data Bridge Market Research has recently published a Report, titled, "Contraceptives Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. Globalization makes it clear that market research report holds immense importance for the growth of many businesses. The wide-ranging Contraceptives market analysis document proves to be true in this regard and is designed in a way that is anticipated. It’s the demand or necessity of today’s business to do market research before taking any verdict about the products. This is a transparent market report which has been structured with authentic tools and techniques. The market research analysis conducted in the winning Contraceptives business report helps improve productivity and also decide about the necessary changes to the future products.
While creating Contraceptives market report, customer requirements have been understood well and then one method or combination of many methods are used for further processing. In the report, complex market insights are turned into simpler version with the help of proven tools and techniques and then provided to the clients. A combination of industry insight, practical solutions, talent solutions and latest technology enhances the customer experience while using this market research report. The market studies, market insights and market analysis included in the finest Contraceptives report keeps marketplace clearly into the focus.
Data Bridge Market Research analyses a growth rate in the contraceptives market in the forecast period 2023-2030. The expected CAGR of contraceptives market is tend to be around 6.51% in the mentioned forecast period. The market was valued at USD 28.65 billion in 2022, and it would grow upto USD 47.45 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Contraception aims to prevent pregnancy as birth control pills or tablets. For the prevention of pregnancy, contraception is used as a consequence of sexual intercourse. The major forms of artificial contraception are contraceptive pills, IUDs, barrier methods, implants and sterilization.
As per the World Health Organization, amongst 1.9 billion reproductive-age women of 15 - 49 years worldwide in 2019, about 1.1 billion women require family planning. Contraceptive services and programs are progressively recognizing the importance of human rights. The increased use of contraception has reduced the risk of sexually transmitted infections and improved health-related outcomes comprising maternal & infant mortality.
The report includes six parts, dealing with:
- Basic information
- The Asia Contraceptives Market
- The North American Contraceptives Market
- The European Contraceptives Market
- The MEA Contraceptives Market
- Market entry and investment feasibility
- The report conclusion
All the research report is made by using two techniques that are Primary and secondary research. There are various dynamic features of the business, like client need and feedback from the customers. Before (company name) curate any report, it has studied in-depth from all dynamic aspects such as industrial structure, application, classification, and definition.
Fundamental Aim of Contraceptives Market Report
In the Contraceptives market, every company has goals, but this report focus in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.
- Factors influencing the Contraceptives Market Size and growth rate.
- Major alterations to the Contraceptives Market in the near future.
- Notable Market rivals around the world.
- The Contraceptives Market's Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
- Sales data and profiles of the world's leading Contraceptives players
The Contraceptives Market is Dominated by Firms Such as
- Abbvie, Inc (U.S.)
- Afaxys, Inc. (U.S.)
- Merck & Co Inc. (U.S.)
- Teva Pharmaceuticals Industries Ltd. (Israel)
- Bayer AG (Germany)
- Pfizer Inc. (U.S.)
- Agile Therapeutics (U.S.)
- Cupid Ltd. (India)
- Helm AG (Germany)
- Church & Dwight Co., Inc (U.S.)
- Organon group of companies (U.S.)
- Reckitt Benckiser Group PLC (U.K.)
- Veru Inc. (U.S.)
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Recent Development
- In December 2021, Cooper Surgical, Inc. acquired Generate Life Sciences. This acquisition helps Cooper to improve their reproductive segment. Generate Life Sciences, which is a leading provider of donor egg and sperm for fertility treatments, fertility cryopreservation services and newborn stem cell storage, for a purchase price of around $1.6 billion.
Opportunities:
- Increase in Initiatives by Organizations
Numerous initiatives, such as Every Woman Every Child, Millennium Development Goals, the 2030 Sustainable Development Goals (SDGs), and Family Planning 2020 (FP2020), have been launched by governments and other healthcare organizations for family planning is promoting the use and manufacturing of contraceptives. For instance, Family Planning 2020 was the initiative launched in 2012 and ran up to 2020, that offered global partnerships to share knowledge and offer a right-based, person-centered approach to family planning. The initiative was later expanded to 2030 to ensure the accessibility of contraceptives and other family planning resources worldwide.
- Growing Adoption of Oral Contraceptives
Oral contraceptives are highly used after by young people in developing nations. The high number of government sponsored programs and the free provision of contraceptives in rural and urban areas will boost growth in the sale and wide use of these pills in the market. In addition to the growing challenges that are related with teenage pregnancies, growing knowledge of modern contraception and the issue of unplanned pregnancies will continue to further pushthe market for oral pills.
Key Market Segments Covered in Contraceptives Industry Research
Treatment
- Contraceptive Drugs
- Contraceptive Pills
- Patch
- Injectables
- Intra-Uterine Devices
- Copper
- Hormonal
- Pills
- Cervical Caps
- Condoms
- Male
- Female
- Diaphragms
- Injections
End User
- Homecare
- Specialty Clinics
- Others
Distribution Channel
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
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Key Growth Drivers:
- Increase R&D Activities
The increased R&D activities cause the market to flourish. Numerous treatment options have been studied and research has been carried out to overcome the burden of unwanted pregnancy. During clinical trials, several new types of contraceptive pills and gels will be introduced that are projected to work around new laws and limitations on current birth control procedures. Eventually, research is ongoing to concentrate on developing a non-hormonal pill that could expand the range of birth control options available to men.
- Rising Awareness by Different Organizations
The WHO has launched an app which outlines its medical guidelines for contraception use. Women will benefit from this digital tool because it is effective, safe, and acceptable contraceptives. WHO published a report in 2017, with a user-friendly checklist that primarily focuses on human rights standards in the provision of contraceptive information and services.
Contraceptives Market Regional Analysis/Insights:
The major countries covered in the contraceptives market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America has been witnessing a positive growth for contraceptives market throughout the forecasted period due to rising demand of contraceptives among women who are at risk of unplanned pregnancy especially in the U.S. and Canada.
Asia-Pacific dominates the market due to increasing healthcare expenditure focusing women’s health as priority.
Critical Insights Related to the Contraceptives Included in the Report:
- Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
- Value chain analysis of prominent players in the market
- Current trends influencing the dynamics of this market across various geographies
- Recent mergers, acquisitions, collaborations, and partnerships
- Revenue growth of this industry over the forecast period
- Marketing strategy study and growth trends
- Growth driven factor analysis
- Emerging recess segments and region-wise market
- An empirical evaluation of the curve of this market
- Ancient, Present, and Probable scope of the market from both prospect value and volume
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Contraceptives Market: Regulations
- Market Overview
- Global Contraceptives Market, By Treatment
- Global Contraceptives Market, By End User
- Global Contraceptives Market, By Distribution Channel
- Global Contraceptives Market, By Region
- Global Contraceptives Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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Explore More Reports:
- Contraceptive Devices Market, By Product Type (Male Contraceptive Devices, Female Contraceptive Devices), Technology (Hormonal Contraceptives, Barrier Contraceptives), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channel, Public Channel and NGOs, Others) https://www.databridgemarketresearch.com/reports/global-contraceptive-devices-market
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