Press release
Global Hormonal Contraceptive Market by Types, Applications and Regions 2021-2030 | Eli Lilly and Company, Eurofarma Laboratorios S.A., GlaxoSmithKline plc
Global Hormonal Contraceptive Market
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Some of the significant players functioning in the fragmented Global Hormonal Contraceptive Market :
Eli Lilly and Company, Eurofarma Laboratorios S.A., GlaxoSmithKline plc, Merck Sharp & Dohme Corp. (subsidiary of Merck & Co., Inc), Novo Nordisk Luye Pharma Group, and Pfizer Inc. among others.
Hormonal Contraceptive Market Overview:
Contraceptive is a prevalent term today, used in its drug or device form to prevent pregnancy. Contraceptives are widely classified under two main segments, the hormonal and non-hormonal. The early 1960s revolutionized the hormonal contraceptive industry and outlook, beginning with increasing usage in the US, where it still holds primary consumption, compared to the rest of the world. Equivalents of hormones, progesterone and estrogen act on the endocrine system to permeate effective prevention of birth control.
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Hormonal Contraceptive Market Key Findings of the Report:
• The hormonal contraceptive market was valued at USD 19,759.0 million in 2021 and is projected to reach USD 28,690.0 million by 2030. It is estimated to expand at CAGR of 4.2% over the forecast period.
• in 2021, Allergan announced a partnership with the U.S. Women’s Health Alliance (USWHA), which is an organization that focuses on promoting affordable and high-quality healthcare services for women.
• The National Institute of Health (NIH), US, published research in 2021, that showed that using Vaginal rings, releases an antiviral drug that reduces the risk of HIV by 39% in women.
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Hormonal Contraceptive Market Segmentation:
By Method:
• Combined oral contraceptives
• Oral contraceptives
• Injectable contraceptives
• Implantable contraceptives
• Intrauterine
• Transdermal patch
• Vaginal rings
By Hormones:
• Androgen
• Estrogen
• Progestogens
• Gonadotropins
• Antiandrogens
• Others
By End User:
• Hospitals
• Clinics
• Households
• Others
By Geography:
• North America
• Canada
• Mexico
• Rest of North America
Europe
• France
• The UK
• Spain
• Germany
• Italy
• Nordic Countries
• Benelux Union
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia Pacific
Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of Middle East & Africa
Latin America
• Argentina
• Brazil
• Rest of Latin America
As a result of collecting and researching all information using SWOT analysis, there is a vivid picture of the competitive environment in the Hormonal Contraceptive Market. Openings for future market development have been revealed, and likewise have taken the competitive advantage. The drift and propensity of this market has been taken into account, which shows that the strategic direction is good. Understand the market base and understand the market data using the standards, methodologies and other driving Hormonal Contraceptive Market trends determined for reference.
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Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.
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