Press release
Hormonal Contraceptives Market Size to Reach USD 26.6 billion at 5.8% CAGR Forecast 2021-2026
The global “hormonal contraceptives market size” is projected to reach a value of USD 26.6 billion by 2026, with a notable CAGR of 5.8% during the forecast period 2019 to 2026. This is owing to the unmet needs for contraceptives worldwide, especially in developing nations. The market was valued at USD 16.7 billion in 2018. The World Health Organization estimated a rise in the utilization of modern contraceptives from 54% in 1990 to about 57.4% in 2015. This is attributable to the easy availability and user reliability of contraceptive products all over the world. Such factors are likely to add impetus to the hormonal contraceptives market size in the forecast duration.Leading Players operating in the Latest Report Analysis Hormonal Contraceptives Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Piramal Enterprises Ltd
Novartis AG
Teva Pharmaceutical Industries
Janssen Pharmaceuticals, Inc.
Allergan
Merck & Co., Inc.
Pfizer, Inc.
Mylan N.V.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/hormonal-contraceptives-market-102078
The report offers an elaborative analysis of numerous factors affecting the global Hormonal Contraceptives Market. These include opportunities, growth drivers, threats, key developments, and restraints. In addition to this, the report can further help in analyzing, segmenting, and defining the market based on different segments. It strategically analyzes several strategies such as product innovations, mergers, alliances, joint ventures, and acquisitions adopted by players in the industry.
Fortune Business Insights™ presents a comprehensive overview of the hormonal birth-control market in their recently published study titled, “Hormonal Contraceptives Market Size, Share & Industry Analysis, By Product (Pills, Injectable, Vaginal Rings, Intrauterine Devices, Implants, and Others), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Channel, Public Channel & NGOs, and Others) and Regional Forecast, 2019-2026.”
Cost-efficiency and Easy Availability of Contraceptive Products to Promote Market Growth
The increasing cases of sexually transmitted diseases such as HIV/AIDS is a prime factor promoting the hormonal contraceptives market growth. Besides this, the cost efficiency and easy availability of contraceptives products such as pills, is also helping the market gain traction. Moreover, the fact that contraceptives are a better and reliable way of controlling unwanted pregnancy as compared to diaphragms/sponges or condoms is also expected to help increase the overall hormonal contraceptive market size in the forecast period.
Furthermore, the advent of new user-friendly and cost-efficient products into the market, such as contraceptive implants, vaginal rings, and injectable, are likely to help increase the overall hormonal birth control market revenue in the coming years.
Detailed Table of Content:
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Recent industry developments such as mergers & acquisitions
regulatory scenario for key countries
Fertility Statistics for Key Countries, 2018
Reimbursement Scenario
New Product Launches
Global Hormonal Contraceptives Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Pills
Injectable
Vaginal Ring
Intrauterine Device
Implants
Others
Market Analysis, Insights and Forecast – By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Channel
Public Channel & NGOs
Others
Market Analysis, Insights and Forecast – By Country
North America
Europe
Asia pacific
Latin America
Middle East & Africa
Global Hormonal Contraceptives Market Segmentation:
By Product
Pills
Injectable
Implants
Vaginal Ring
Intrauterine Devices
Others
By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Channel
Public Channel & NGOs
Others
By Geography
North America (the U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)
Latin America (Brazil, Mexico, and the Rest of Latin America)
Middle East and Africa ( South Africa, GCC, and the Rest of Middle East & Africa)
Reasons to Purchase this Report:
Comprehensive analysis of the Hormonal Contraceptives Marketgrowth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
Have Any Query? Ask Our Experts:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/hormonal-contraceptives-market-102078
KEY QUESTIONS ANSWERED:
What are the key technological and Hormonal Contraceptives Markettrends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
Why Choose Fortune Business Insights?
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Hormonal Contraceptives Marketgrowth?
About Us:
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 to 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.
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