openPR Logo
Press release

Global Hormonal Contraceptive Market Booming in 2016, and is Expected to Reach $16,018 million by 2023

02-13-2019 06:36 PM CET | Health & Medicine

Press release from: Allied Market Reserach

Global Hormonal Contraceptive Market Booming in 2016, and

Hormonal contraception acts on the endocrine system to prevent unwanted pregnancy. Synthetic forms of naturally occurring hormones such as progestin and estrogen are used to prevent ovulation and avoid fertilization. These forms of birth control methods also change the environment of the uterus, making it unfavorable for fertilization. Hormonal contraceptives are available in a variety of forms such as patches, pill, injection, and rings, which are safe and reliable forms of hormonal contraceptives to prevent pregnancy.

According to a new report published by Allied Market Research, titled, Hormonal Contraceptive Market by Product, Hormone, Age Group, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global hormonal contraceptive market accounted for $13,924 million in 2016, and is estimated to reach $16,018 million by 2023, registering a CAGR of 1.9% from 2017 to 2023. North America is the highest contributor in the hormonal contraceptive market in 2016; however, Asia-Pacific is expected to witness the highest growth rate during the forecast period.

Among the product, oral contraceptive pill is the dominant segment, as these pills are easily available and have high success rate of up to 99% to prevent pregnancy. However, vaginal ring register the highest growth rate, due to the ease of usage and fewer side effects caused by it.

Get sample copy of this report at:

In 2016, North America was the major revenue generator, owing to increase in awareness towards the benefits of using hormonal contraceptive, high prevalence of unwanted pregnancy, and favorable regulatory scenario. However, Asia-Pacific is expected to witness the highest CAGR during the analysis period, due to presence of populace countries such as India and China where there is greater need to control the growing population.

The major driving factors of the hormonal contraceptive market are increase in focus towards family planning, health issues associated with teenage pregnancies, increase in awareness about modern contraception methods, and rise in use of oral pills as a key method to prevent unplanned pregnancy. The advancement in hormonal contraception with better efficacy and fewer side effects further boost the market growth. However, availability of alternate contraceptive methods, health risks associated with the use of contraceptives, and lack of social acceptance adversely affect the market growth.

Key Findings of the Hormonal Contraceptive Market:

• Vaginal rings is projected to grow at the highest rate during the analysis period.
• North America dominated global hormonal contraceptive market in 2016, and is projected to continue its dominance in future.
• China is expected to grow at the highest rate in the Asia-Pacific region during the forecast period.
• Hospitals is the largest contributor among the end user segments in 2016.
• The 15-24 years age group segment generated the highest revenue, and is expected to continue its dominance in future.

Key players :

•Reckitt Benckiser Plc.
• Warner Chilcott Company
• BioSante Pharmaceuticals Inc.
• HLL Lifecare Limited
•Boehringer Ingelheim GmbH
• Watson Pharmaceuticals Inc.
• V-Care Pharma Pvt. Ltd.
• Vardhman Life Care Pvt. Ltd.
• Cipla Limited

Send Enquiry on this report @

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Sona Padman
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Hormonal Contraceptive Market Booming in 2016, and is Expected to Reach $16,018 million by 2023 here

News-ID: 1586235 • Views: 315

More Releases from Allied Market Reserach

Aerogel Market Sales, Share, Analysis, Industry Demand and Forecasts Report From …
According to the report published by Allied Market Research, the global aerogel market generated $701.00 million in 2019, and is estimated to reach $1.39 billion by 2027, registering a CAGR of 9.3% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Growing demand for aerogel from automotive and oil & gas industries due to its high
Hydrogen Aircraft Market Booms Globally, to Register 20.2% CAGR By 2040: Allied …
The market across Europe region is expected to garner the highest market share by 2030. As per the report published by Allied Market Research, the global hydrogen aircraft market is expected to reach $27.68 billion by 2030, and would hit $174.02 billion by 2040 with a CAGR of 20.2% from 2030 to 2040. The report highlights the key segments, top investment pockets, growth by segmentation, and competitive scenario. Download Sample
Bio-Based Polymer Market Is Projected to Grow Exponentially at a CAGR of 5.3% fr …
According to a new report published by Allied Market Research, titled,"Bio-Based Polymer Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global bio-based polymer market was valued at $6,395.5 million in 2017, and is projected to reach $9,905.9 million by 2025, growing at a CAGR of 5.3% from 2018 to 2025. The packaging application segment dominated the global market, accounting for a share of over
Air Taxi Market to Generate $6.63 Billion By 2030 at CAGR 26.2%.| Major Companie …
Air Taxi Market by Propulsion Type, Aircraft Type, and Passenger Capacity: Global Opportunity Analysis and Industry Forecast, 2021-2030,” the global air taxi market size is expected to be $817.50 million in 2021, and is projected to reach $6.63 billion by 2030, registering a CAGR of 26.2%. Access Full Summary @ High-end improvement in technology in the last few years has led toward the emergence of air taxis. As an essential part

All 5 Releases

More Releases for Hormonal

Hormonal Replacement Therapeutics - Pipeline Analysis 2018 | Novo Nordisk
Hormonal replacement therapy is a type of treatment wherein patients receive a course of hormones in order to get relieve from the menopause related problems. The therapy involves administration of synthetic estrogen and progesterone to overcome decreasing hormone level of women. Download the sample report @ The most common signs and symptoms observed in patients with decreased hormone level are irregular menstrual cycles, and psychological symptoms (mood swings, anxiety, and
Global Hormonal Therapy Industry Market Analysis & Forecast 2018-2023
Global Hormonal Therapy Industry Market is divided into treatment type, dispersion channel, and application. Based on the treatment type, the worldwide market is isolated into estrogen substitution treatment, thyroid hormone substitution, and development hormone substitution. The thyroid hormone substitution portion is further sub-fragmented into tablets, infusions, and cases. Get sample copy of report: Table of Contents Chapter 1 Hormonal Therapy Market Overview 1.1 Product Overview and Scope of Hormonal Therapy 1.2 Hormonal
Hormonal Contraception Market: Information, Figures and Analytical Insights 2016 …
Hormonal contraception is type of pregnancy prevention techniques which act on the endocrine system. In this method various female hormones are used to prevent ovulation. Two forms of hormonal contraceptive formulations are available in combination forms such as estrogen and a progestin. However, progestogen is the only method which contains progesterone or any one of its synthetic analogues. In combination method the therapeutic effect is achieved by suppressing ovulation and
Somatostatin Receptor Market For Hormonal Disorder, Oncology, Metabolic Disorder
MarketResearchReports.Biz adds “Global Somatostatin Receptor Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Somatostatin Receptor and the growth estimates for the forecasted period. This report studies the Somatostatin Receptor Type 2 market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global
High Awareness in Female Population Regarding Hormonal Disorders Drives the Pres …
Global Prescription Hormonal Drugs Market in Gynecology: Description Hormonal imbalance in women is caused due to abnormalities in the secretion of estrogen, progesterone and as well as androgens. A wide array of symptoms might be experienced by patients depending on the type of abnormality such as hot flushes, depression, vaginal dryness, excessive hair growth and abnormal vaginal bleeding. Environmental and genetic factors have an influence on women's fertility through their effect
Global Hormonal Contraceptives Market - Allergan, Merck Millipore, Pfizer & Teva …
The Market N Reports report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Hormonal Contraceptives market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in need