Global Contraceptive devices Industry Projected CAGR 7.5% Growth by 2024 |A report by Bayer HealthCare AG, Medisafe Distribution, Teva Pharmaceutical Industries Limited, Medicines360, Pace Pharmaceuticals, Actavis and others

The global contraceptive devices market accounted to USD 12.2 billion in 2016 growing at a CAGR of 7.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Competitors:
Some of the major players operating in global contraceptive devices market are Bayer HealthCare AG, Medisafe Distribution Inc, Teva Pharmaceutical Industries Limited, Medicines360, Pace Pharmaceuticals Inc., Actavis, Inc., Church & Dwight, Co., Inc., Cooper Surgical, Inc., Mayer Laboratories, Inc., Merck & Co., Inc., Reckitt Benckiser plc, Pfizer, Inc. among others.

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Major market drivers and restraints:
• Increasing Global Prevalence of Sexually Transmitted Diseases (STDs)
• Increasing awareness for contraceptives worldwide
• Rise in need to reduce unwanted pregnancy
• Technological advances in contraceptive methods
• Upsurge in government and NGO initiatives promoting contraceptives

Segmentation:
By product the market for global contraceptive devices market is segmented into Male contraceptive devices, Female contraceptive devices, Contraceptive Sponges, Contraceptive Diaphragms, Contraceptive Patches, Sub-dermal Contraceptive Implants, Non-Surgical Permanent Contraceptive Devices, and Contraceptive Vaginal Rings. The female contraceptive devices are further segmented into Female Condoms and Intrauterine Devices.

By end-user the global contraceptive devices market is segmented into Hospitals, Ambulatory Surgical Centers, Clinics, Homecare.

On the basis of geography, global contraceptive devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis:
The global contraceptive devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global contraceptive devices market for Global, Europe, North America, Asia Pacific and South America.

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