Global Contraceptives Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.12% during the forecast period that is 2017-2025.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

Contraceptives are drugs, barriers, surgical techniques, and medical devices which are used for preventing pregnancy by meddling with the fertilization and the ovulation process. The increasing use of contraception in younger women coupled with the increase in attainment of higher education propels the contraceptives market growth. Furthermore, health problems which are related to juvenile pregnancies, rising awareness towards modern contraception coupled with the use of oral pills, which serves as a major method for avoiding unforeseen pregnancy drive the growth of the contraceptives market.

According to the National Center for Biotechnology Information (NCBI), in 2015, 65% of married and other couples were using certain mode of contraceptives across the globe. However, in under developed countries of Africa, the number of populous using contraceptives were lower. According to World Health Organization (WHO), approximately 34% of the women is Africa is expected to use contraceptives during the period of 2010 to 2015 with a growth rate of 2.3% annually. Thus, factors such as urbanization and modernization servers as an inflated factor for the contraceptives market. The rising incidences of HIV infections across the world is also expected to serve as a major factor for the growth of the contraceptives market. The rising number of women stalling their motherhood in order to prioritize their individual careers, also serves as a key factor for the market growth. Furthermore, the cost associated to raising a child along with other balancing factors, obscurity over security of the job coupled with unstable relationships has allowed numerous women to delay their pregnancy. Owing to these factors the contraceptives market is expected to propel during the forecast period (2018 – 2025).

Market Challenges and Opportunities 

The contraceptives market is expected to grow due to growing government initiatives towards promoting awareness among unintended pregnancies by various organizations such as The Population Council, Centers for Disease Control and Prevention, World Health Organization (WHO), and National Center for Biotechnology Information (NCBI) among others is expected to create a huge surge for contraceptives. The global awareness towards usage of condoms is expected to boost the contraceptives market coupled with the use of copper intrauterine devices (IUD) by the women population. The copper intrauterine devices (IUD) used by women to avoid the usage of hormonal forms due to its side effects. Some of the major side effects with the use of hormonal forms are dizziness, breast tenderness, visual problems, and weight gains among others.

The rising number of STD/STI patients and lack of family planning is expected to substantially boost the contraceptives market. According to the American Sexual Health Association, in 2017, young populous of nearly 12% were tested positive for STIs coupled with 24,000 women would become infertile each year. According to the Centers for Disease Control and Prevention (CDC), each year 20 million of the population were diagnosed with STD infections and half of these people were in an age group of 15 to 24.3. Owing to these factors the contraceptives market is anticipated to boom during the forecast period.

Regular consumption of oral pills lowers the risk of endometrial and cervical cancers, reduces cramps during the time of periods, and acne reduction, thus empowering the global contraceptives market growth. However, regular consumption of oral pills due to irregular bleeding increases the risk of developing sexually transmitted infections (STIs), migraine, and nausea, which is in turn expected to hamper the growth of the contraceptives market.

Regional Analysis

The contraceptives market is expected to be dominated by North America, while Asia Pacific is expected to be the fastest growing region for the market in the forecast period. The contraceptives market is expected to propel in North America owing to increasing demand for contraceptives to prevent pregnancies which are unplanned, government awareness programs by NCBI, WHO, and others, and existence of sophisticated healthcare facilities. Oral pills are highly prevalent among the women populous of U.S. due to its easy accessibility in the pharmacies, clinics and hospitals. According to the National Center for Biotechnology Information (NCBI), North America has the highest contraceptive prevalence with 73.2%, in 2016, coupled with the convenience of sexual health services will drive the North America revenue share for the contraceptives market during the forecast period.

Global Contraceptives Market Size, Share Analysis By Region 2017

The Study Objectives of This Report Are:

To analyze global contraceptives status, future forecast, growth opportunity, key market and key players.

To present the contraceptives development in United States, Europe and China.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

Key Players Landscape

Rising demand for contraceptives drugs, devices and others solutions has allowed various companies towards numerous innovations and technological advancement. For instance, ViiV Healthcare Limited, along with GlaxoSmithKline plc and Pfizer Inc., has made a warehouse infusion, which could give HIV prescriptions for 3 months, with one infusion in Stage I, infusion for stage II and III are still in clinical trials. Other major players for the contraceptives market include Cipla Inc., Pfizer, Inc., Bayer AG, Merck & Co., Inc., Medisafe Distribution Inc., Cooper Surgical, Inc., and Mayer Laboratories, Inc. among others.

Global Contraceptives Market Study Report Offer You!

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