Global Contraceptive Devices Market Growth Over the Forecast Period till 2018-2023

The Contraceptive Devices Report shows the scope of the various commercial possibilities over the upcoming years and the positive revenue forecasts for the upcoming years. It also covers the information by various regions.

Contraceptive Devices Market Report Highlights This report covers drivers, restraints, opportunities, challenges, and market trends. The report also covers the product portfolio analysis of the Contraceptive Devices products and vendor benchmarking of the top players in this market. In addition, this report highlights the growth strategies adopted by the major market players to garner large shares in the Contraceptive Devices market.

A separate section with Contraceptive Devices industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information. Development and Research plays a vital role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Contraceptive Devices market growth over the forecast period.

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The global contraceptive devices market was valued at around USD 20 billion in 2017 and is projected to register a CAGR of approximately 7% during the forecast period 2018–2023. China, the world’s most populated country, with a population of around 1.36 billion, has one of the highest rates of contraceptives usage.

Government Initiatives to Prevent Unwanted Abortions and Pregnancies

Unwanted pregnancies are on the rise, globally. Government bodies of various countries have been taking measures, like promoting the use of contraceptive devices to prevent this unwanted growth. It is estimated that among the number of pregnancies that occur in the United States, nearly 76% of them are unwanted, and are under the age of 30. According to Harvard researchers, it is estimated that single parenthood due to unwanted pregnancies is the reason for holding out on economic mobility, more than other variables like education and race. Given the widespread implications of unwanted pregnancies, the market for contraceptive devices is expected to experience a surge during the forecast period. Also, other factors, like the increasing incidence of STDs and the rapid increase in population, will accelerate the growth of the contraceptive devices market.

Limited Access to Contraception

Access to safe, voluntary family planning is a human right. Family planning is central to gender equality and women’s empowerment and is a key factor in reducing poverty. Millions of women are unable to prevent unwanted pregnancies, which is impacting their lifestyle, as well as that of the child, both economically and socially. This is happening primarily due to the lack of knowledge and limited access to contraception and is more prevalent among low and middle-income nations of the world. An estimated 69 countries face the problem of limited access to contraception. Lack of awareness and limited supply has been one of the major reasons for the contraceptive devices market’s limited growth in the developing nations. Apart from these, the high cost of conventional contraceptive devices, like intra-uterine device (IUD), is also acting as a barrier to the growth of the market.

United States Holds the Largest Market Share

There were approximately 60 million women in the United States in their child-bearing years (age 15 – 44), as of 2017. Around 70% of these women were at risk of unintended pregnancy. More than 99% of women aged between 15 - 44 years have used at least one contraceptive method. This indicates the high awareness and demand for avoiding unintended pregnancies in the United States. The use of contraceptive devices accounts for the second largest expenditure on contraceptive methods in the United States, and globally alike.

Key Developments in the Market

• November 2017: Teva Pharmaceuticals has signed an agreement with CooperSurgical to acquire PARAGARD® (an intrauterine copper contraceptive product).
• July 2017: Teva Pharmaceutical has announced the launch of Vagifem®1 (estradiol vaginal inserts), 10 mcg in the United States.

Major Players: BAYER HEALTHCARE, PFIZER, MERCK & CO., CHURCH & DWIGHT CO., INC., TEVA PHARMACEUTICALS, AGILE THERAPEUTICS, INC., ACTAVIS PLC, FUJI LATEX CO. LTD, PANTARHEI BIOSCIENCE B.V., LUPIN PHARMACEUTICALS, BIOSANTE PHARMACEUTICALS, AND THE FEMALE HEALTH COMPANY, among others.

Reasons to Purchase the Report

• To understand the current and future contraceptive devices market in the developed and emerging markets.
• Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
• Identify the segment that is expected to dominate the market.
• Identify the regions that are expected to witness the fastest growth during the forecast period.
• Identify the latest developments, market shares, and strategies employed by the major market players.
• 3 month analyst support along with the Market Estimate sheet (in Excel).

Customization of the Report

• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.

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Contraceptive Devices Market Forecast 2018-2023

The Contraceptive Devices industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Contraceptive Devices production, supply, sales and market status.

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Detailed TOC of Global Contraceptive Devices Market Forecasts (2018 - 2023)

Introduction
1.1 Definition of the Market

1.2 Key Findings of the Study

Research Scope and Methodology
2.1 Study Deliverables

2.2 Study Assumptions

2.3 Research Methodology

2.4 Research Phases

Market Dynamics
3.1 Drivers

3.1.1 Increasing Demand for Contraceptive Devices

3.1.2 Evolving R&D Priorities

3.1.3 Adoption of Contraceptive Devices

3.2 Restraints

3.2.1 Contraceptive Devices Industry

3.2.2 Contraceptive Devices Types and Application

Industry Analysis
4.1 Porter's Five Forces Analysis

4.1.1 Bargaining Power of Suppliers

4.1.2 Bargaining Power of Buyers

4.1.3 Threats of New Entrants

4.1.4 Threats of Substitute Products and Services

4.1.5 Degree of Competition

Market Segmentation
5.1 By Application

5.2 By Geography

5.2.1 North America

5.2.1.1 US

5.2.1.2 Canada

5.2.1.3 Mexico

5.2.1.4 Others

5.2.2 Europe

5.2.2.1 Spain

5.2.2.2 UK

5.2.2.3 France

5.2.2.4 Germany

5.2.2.5 Russia

5.2.2.6 Italy

5.2.2.7 Others

5.2.3 Asia-Pacific

5.2.3.1 China

5.2.3.2 Japan

5.2.3.3 India

5.2.3.4 Australia

5.2.3.5 Others

5.2.4 South America

5.2.4.1 Brazil

5.2.4.2 Argentina

5.2.4.3 Others

5.2.5 Africa

5.2.5.1 South Africa

5.2.5.2 Others

Competitor Analysis
6.1 Market Shares of Leading Players

6.2 Strategies Adopted by Leading Players

Company Profiles
Future Outlook of the Market
Appendix
Price of Report (single User Licence): $4250

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