openPR Logo
Press release

Contraceptive Market Technological Advancements, Substantial Growth Opportunities, Developments |Forecast till 2025

10-02-2019 10:40 AM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt Ltd

Contraceptive Market Technological Advancements,

The Global Contraceptives Market encompasses several regions, among which North America is expected to lead the market. Additionally, the contraceptives market in North America gains impetus from the rising awareness among consumers regarding the use of contraceptives.

Browse Complete Report Details
https://www.fortunebusinessinsights.com/industry-reports/contraceptives-market-100064

Key Players Covered:
• Bayer AG,
• The Janssen Pharmaceutical Companies of Johnson
• Merck, Teva Pharmaceuticals
• Allergan
• Reckitt Benckiser plc
• Mylan Laboratories Limited
• Church & Dwight, Co.,
• Medisafe Distribution Inc
• The Female Health Company

On the other hand, Asia Pacific is anticipated to offer lucrative growth opportunities primarily backed by government support especially in countries such as India and China. Active government support in Asia Pacific aimed at curbing the unprecedented rise of population will help the market grow in the coming years.

Rising awareness regarding the benefits and importance of contraception is the key to growth in the global contraceptives market. Fortune Business Insights has published a report, titled “Contraceptives Market Size, Share and Global Trend by Product Type (Contraceptive Drugs & Contraceptive Devices), Gender (Male & Female), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channel, Public Channel & NGO & Others) and Geography Forecast till 2025,” which provides insights into various factors enabling growth in the global market.

As per the report, the contraceptives market was worth US$ 20111.6 Mn in 2017 and is anticipated to reach US$ 31666.9 Mn by 2025. In addition to this, the report has predicted that the global market for contraceptives will expand at a CAGR of 5.6% during the forecast period between 2017 and 2025.

Get Sample Copy:

https://www.fortunebusinessinsights.com/enquiry/sample/contraceptives-market-100064

The demand for oral contraceptives is likely to grow considerably in the global contraceptive drug market. This is primarily on account of the rising use of oral birth control pills among women. In terms of revenue, condoms among other contraceptive products are likely to witness increasing demand. Also, intrauterine devices or IUDs may witness high demand facilitated by their increasing availability. IUDs are offered at a large number of hospitals to those wishing to prevent unwanted pregnancies.

Technological Advancements in Contraceptive Drugs and Devices to Spur Growth

“Advent of advanced technology in contraceptive devices drives the contraceptives market,” said a lead analyst at Fortune Business Insights. “Rising support from governments and initiatives by NGO are likely to encourage the use of contraceptives in the coming years,” he added. The rising prevalence of sexually transmitted diseases (STDs) is fueling demand for contraceptives such as contraceptive pills.

Some international and national bodies are launching campaigns to increase awareness on STIs. In addition to this, regulatory authorities such as Medicines and Healthcare Regulatory Agency (MHRA) approved injectable contraceptives in the U.K.

These approvals on contraceptives for women and men are expected to enable growth in the contraceptives market, especially in developed countries. Another factor boosting the contraceptives market is the rising adoption of novel contraceptive methods in developing nations. People across the world are increasingly paying attention to family planning. This, coupled with easy accessibility of contraceptives, is likely to drive the contraceptives market over the next few years.
Limited Awareness and High Cost May Hamper the Growth

Despite witnessing strong growth prospects, there are certain factors that may impede the market in the upcoming years. People in low-income countries are still not able to use contraceptive devices owing to their high cost. Also, a large number of population aren’t aware about the benefits of contraceptives. Nevertheless, companies are introducing programs to raise awareness among the populace. In addition to this, companies are providing free of cost contraceptive drugs to people with low-income scale. Such initiatives are likely to expand the contraceptives market over the forecast years.

Entry of New Vendors to Bring Advanced Contraceptive Methods
Some major players operating in the global contraceptives market include. The global contraceptives market is anticipated to offer substantial growth opportunities to new vendors especially in developing countries. These vendors can create robust awareness and initiatives regarding the use of contraceptives devices. This is further expected to increase the volume of contraceptives sales. Moreover, these new vendors are planning to introduce improved contraceptive devices to strengthen their product portfolio. This will give significant impetus to the global contraceptives market;

Get Discount:
https://www.fortunebusinessinsights.com/enquiry/check-discount/contraceptives-market-100064

Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Contraceptive Market Technological Advancements, Substantial Growth Opportunities, Developments |Forecast till 2025 here

News-ID: 1841885 • Views:

More Releases from Fortune Business Insights Pvt Ltd

Aircraft Engine Market Latest Key Drivers and Future Demand Forecast by 2029
Aircraft Engine Market Latest Key Drivers and Future Demand Forecast by 2029
According to a recent report by Fortune Business Insights, the global Aircraft Engine Market is expected to reach a size of USD 112.61 billion by 2028, growing at a CAGR of 10.87% during the forecast period 2021-2028. The report offers a thorough analysis of the market size, regional landscape, revenue forecasts, and upcoming challenges in the market. It also provides current statistics and future predictions, aiming to evaluate growth prospects,
Space Mining Market the Development Strategies Adopted by Major Key Players And …
The increasing investments by mining companies is expected to foster healthy growth of the market during the forecast period, sates Fortune Business Insights in a report, titled "Space Mining Market Size, Share & Industry Analysis, By Phase (Spacecraft Design, Launch, Operation), By Asteroid type (Type C, Type S, Type M, Others), By Application (Construction, Resource Harvesting, 3D Printing, Others) and Regional Forecast, 2023-2030." The growing number of government initiatives for
Radar Level Transmitter Market Size, Gross Margin, Trends, Future Demand, Analys …
The higher level of accuracy, reliability, and stability offered by radar level transmitters is expected to fuel the demand of the market during the forecast period, states Fortune Business Insights, in a report, titled "Radar Level Transmitter Market Size, Share & Industry Analysis, By Technology (Contact, Noncontact), By Frequency Range (C and X Band, W Band, K Band), By Application (Liquids, slurries, and interfaces, Solids), By Industry (Oil & Gas,
Explosive Detectors Market Analysis, Growth, Trends, Demands and Emerging Techno …
The global explosive detectors market is set to gain traction from their ever-increasing usage in the security check-in department of domestic, as well as international airports worldwide. This information is published by Fortune Business Insights™ in an upcoming report, titled, "Explosive Detectors Market Size, Share & Industry Analysis, By Technology (Trace Detector, Bulk Detector), By Product Type (Vehicle Mounted, Handheld, Robotics, Others), By End User (Military & Defense, Cargo &

All 5 Releases


More Releases for Contraceptive

Contraceptive Rings Market Segmentation By product type Etonogestrel/Ethinyl est …
Contraceptive rings are smooth, flexible round shaped plastic rings which are meant to insert into vagina to on first day woman’s menstrual cycle to prevent possible pregnancy. When contraceptive rings are placed into the vagina it releases two hormones named estrogen and progestogen which are similar to natural hormones released by the body and which are also used in the contraceptive pills. Contraceptive rings release continuous dose of these hormones
Contraceptive Pills
Oral contraceptive pills is a kind of female hormonal anti-conception medication technique that is used for avoiding pregnancy. Contraceptive drugs are used to prevent the unwanted pregnancy by blocking the normal process of ovulations or by altering the process which support the fertilization of egg. The prevalence of women with unmet contraception needs was accounted at 214 million in 2018 by WHO. Further, as indicated by, United Nations,
Contraceptive Rings Market Segmentation By product type Etonogestrel/Ethinyl est …
Contraceptive rings are smooth, flexible round shaped plastic rings which are meant to insert into vagina to on first day woman’s menstrual cycle to prevent possible pregnancy. When contraceptive rings are placed into the vagina it releases two hormones named estrogen and progestogen which are similar to natural hormones released by the body and which are also used in the contraceptive pills. Contraceptive rings release continuous dose of these hormones
U.S. Contraceptives Drugs And Devices Market, By Product Type (Contraceptive Dru …
Contraceptive Drugs and Devices – Choice to Conceive, Not Concede As per stats released by Guttmacher Institute, there were around 61 million women in the U.S. in the childbearing age group (15-44 years) in 2014. Around 10% of these women do not use any contraceptive method. The UN estimates (2015) that unmet need for contraceptives in the North America region is 7%. Thus, there still is an untapped market in the
Global Contraceptives Drugs And Devices Market, By Product Type (Contraceptive D …
Contraceptives are birth spacing products that aid in avoiding unwanted/ unplanned pregnancy. There are five widely used contraceptive methods namely barrier method, hormonal method, emergency contraception, intrauterine method, and sterilization. Women can opt for wide range of contraceptive options such as vaginal rings, diaphragms, female condoms, oral pills, and intra-uterine devices (IUD). Selecting the most appropriate method is critical to avoid undesired side effects. The use of contraceptives can avoid
Oral Contraceptive Pills Market: Snapshot
Teva Pharmaceutical is one of the leading companies in the combination oral contraceptive pills segment and is followed by Allergan (Actavis) plc. Local manufacturers such as Alkem, Taj Pharma, and Zydus Alidec on the other hand, held a majority of the market for ormeloxifene and mifepristone. Transparency Market Research has observed that almost all manufacturers offer combination oral contraceptive pills owing to the fact that they are more efficient, cost