Contraceptive pills Market 2022 To Grow with Hefty CAGR with Worlds Top 10 Industry Players as Allergan, Lupin Pharmaceuticals, Inc, Mankind Pharma, Piramal Enterprises Ltd, Teva pharmaceuticals

Globally the market for contraceptive pills is growing at a low rate but with increasing prevalence of sexually transmitted diseases will upsurge the growth of this market in coming future. According to a Recent study report published by the Market Research Future, the global contraceptive pills market is booming and expected to gain eminence over the forecast period. The market is forecasted to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a prominent CAGR during the anticipated period (2017 – 2022).

Anti-conception medication pills which are also called as oral contraceptive pills are a kind of female hormonal anti-conception medication technique and are extremely viable at avoiding pregnancy. The Pills are small tablets that a patient swallow every day. Most pills contain two sorts of manufactured (man-made) female hormones: estrogen and progestin. These are like the estrogen and progesterone regularly made by the ovaries. These pills are called "combination oral contraceptives," and there are a wide range of these kinds.

Increasing need of population control and increasing incident of abortion has driven the growth of the market. Governmental initiatives for minimizing unwanted pregnancy, increasing awareness and healthcare expenditure, and increasing in use of contraceptives drugs has provided fuel for the growth of the market. While the side effects of the treatment and strict governmental rules in many countries may hamper the growth of the market.

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Geographically, North America commands the largest market for the contraceptive drug market. Approximately 3 million women in North America experiences unplanned pregnancy. Beside this 90 % of the women use some of the method of contraception. Thus increasing number of abortion and rate of unplanned pregnancy has driven this market in North America. Major market of North America is contributed by US which is followed by Canada. Increasing awareness and minimizing the healthcare expenses by curbing number of abortion in US encourage contraceptive use among women. North America contraceptives drug market is expected to grow at a CAGR of 5.9 % during forecasted period.

Key Players for Global Contraceptive pills Market

Some of the key players in this market are: Allergan, Lupin Pharmaceuticals, Inc, Mankind Pharma, Piramal Enterprises Ltd, Teva pharmaceuticals, Syzygy Healthcare, HLL Life Care, V Care Pharma, Sopharma AD, Ferring B.V and others.

Contraceptive pills Market Competitive Analysis

The market for contraceptive pills is characterised by the presence of several well-established and small players, the global market of contraceptive pills appears to be highly competitive and fragmented. Major players are increasingly expanding their footprint in the emerging nations, making it putting pressure on the regional players, especially in terms of features such as type, product portfolios, and pricing. The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The contraceptive pills market appears to be highly competitive owing to the presence of several large and small key players accounting for a substantial market share. Well established players are getting into various product launches in order to gain competitive advantage in this market and to maintain their market position.

For instance, in 2015, Pfizer Inc. has introduced SAYANA, first injectable contraceptive in UK which can be self-administered.

While, in 2015, Teva Pharmaceutical Industries Ltd. has launched Beyaz which is a generic contraceptive drug. It is one of the most successful product of the company and in 2016 it has annual sales of approximately $133 million in the US. Recently, in March 2017, the company has launched a new product Minastrin in the market. Moreover, the company has launched the generic version of Janssen’s birth control pills Ortho Tri-Cyclen Lo. Into the brand name of Tri-Lo-Sprintec (norgetimate and ethinyl estradiol) tablets.

Therefore, the growing partnerships and product launches to expand their presence in various parts of the globe for their competitive products has spurred the growth of the market.

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Some Brief Table of Contents of Report

Chapter 1. REPORT PROLOGUE

Chapter 2. MARKET INTRODUCTION

Chapter 3. RESEARCH METHODOLOGY

Chapter 4. MARKET DYNAMICS

Chapter 5. MARKET FACTOR ANALYSIS

Chapter 6. GLOBAL CONTRACEPTIVE PILLS MARKET, BY DRUG CLASS

Chapter 7. GLOBAL CONTRACEPTIVE PILLS MARKET, BY REGION

Chapter 8 COMPETITIVE LANDSCAPE

Chapter 9 COMPANY PROFILE

Chapter 10 CONCLUSION

Chapter 11 APPENDIX

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