Hormonal Contraceptive Market | Worth 15.60 Billion USD By 2023 | By Product | Vaginal Ring, Pill, Injectable, Patch, Intrauterine Device (IUD), Implant
Hormonal Contraceptive Market - Competitive Insights:
The major players in the market are Merck & Co, Pfizer, Bayer, Allergan, Teva Pharmaceutical Industries, Agile Therapeutics, Apothecus Inc. and Afaxys. Commercialization and approval of different products and growing geographical presence are real techniques implemented by industry members to improve their share of the overall industry.
The Hormonal Contraceptive Market was worth USD 13.24 billion in 2014 and is expected to reach approximately USD 15.60 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 1.84% during the forecast period.
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Hormonal Contraceptive Market - Industry Outlook and Trend Analysis:
Increasing awareness with respect to contraception techniques in rising countries, expanding investments by market players to create inventive devices, and strong government activities to enhance access are key patterns quickening market growth. Awareness programs by governments and market players enable boost the demand, and in this manner, market for contraceptives. The advent of long-acting reversible devices in the market is one of the significant driving variables.
The Hormonal Contraceptive Market is segmented as follows-
Hormonal Contraceptive Market - By Method:
Intrauterine Device (IUD)
Hormonal Contraceptive Market - Method Outlook and Trend Analysis:
In 2016, contraceptive pills represented the biggest share of the market. It is evaluated to keep up its strength all through the estimate time frame. The development of the portion can be ascribed to simple and straightforward method of organization, easy accessibility of a wide range, high awareness about pills because of early market entry in comparison with long-acting devices, and high productivity of around 99% on convenient consumption.
Hormonal Contraceptive Market - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Hormonal Contraceptive Market - Regional Outlook and Trend Analysis:
North America commanded the worldwide hormonal prophylactic market in 2016. The locale is foreseen to hold its situation all through the gauge time frame. This can be credited to high per capita income, rising awareness about sexual health, strong presence of key market players, and substantial number of unintended pregnancies. Asia Pacific is anticipated to witness the speediest development amid the conjecture time frame. Advent of new female contraception devices, vast fertile population, rise in investment by leading players, and solid financial development are the central point supplementing the development of the area.
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Hormonal Contraceptive Market - Table of Contents:
2. Executive Summary
3. Market Overview
4. Market Analysis by Regions
5. Hormonal Contraceptive Market, By Method
6. Hormonal Contraceptive Market, By Region
7. Company Profiles
8. Global Hormonal Contraceptive Market Competition, by Manufacturer
9. Hormonal Contraceptive Market Forecast (2018-2023)
FEATURES OF THE REPORT:
1. The analysis of Hormonal Contraceptive market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.
2. The key players in the market and their share in the global market are discussed.
3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
4. The Hormonal Contraceptive market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.
5. The latest trends that are being followed in the market are included along with an example.
6. How technological advancement and research, as well as development activities, are impacting the market is explained in detail.
7. The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.
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