Africa Contraceptive Drugs and Devices Market 2021-2026 skyrocketed revenue with key players Allergan PLC, Bayer AG, Johnson & Johnson

Latest research on Africa Contraceptive Drugs and Devices Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Africa Contraceptive Drugs and Devices market. this report included a special section on the Impact of COVID19. Also, Africa Contraceptive Drugs and Devices Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Africa Contraceptive Drugs and Devices industry.

Africa Contraceptive Drugs and Devices Market is growing at a CAGR of 7.2% during the forecast period (2021-2026).

The Africa Contraceptive Drugs and Devices market is highly competitive and consists of a number of major players. Top Companies like Allergan PLC, Bayer AG, Johnson & Johnson, Lupin Limited, Merck & Co. Inc., Mylan N.V., Pfizer Inc., Teva Pharmaceutical Industries Ltd

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Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Africa Contraceptive Drugs and Devices market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Africa Contraceptive Drugs and Devices Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

An unintended pregnancy occurs from not using contraception or by inconsistent and incorrect use of contraceptive methods. The growth of the contraceptives markets is the necessity to avoid unwanted pregnancies and their complications, especially in teenagers. Teenage pregnancy is a big problem in Africa. The Limpopo Department of Health has estimated that around 182,000 South African teenagers are found becoming pregnant each year. Pregnant teenagers face serious health, socio-economic, and educational challenges. According to an article by Jyothi Laldas in 2018, girls between the ages of 15 and 19-years old accounted for 11% of births worldwide. Of this, almost 95% of births are in low- to middle-income countries.

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Key Market Trends

The Oral Contraceptives Segment is Expected to Show Better Growth in the Forecast Years

Based on drugs, the market is segmented into oral contraceptives, topical contraceptives and contraceptive injectable. Oral contraceptive pills are considered as the easiest method of contraception in the industry. They act by prohibiting implantation within the uterus if taken within 2-3 days of having unsafe sexual contact. These are easily marketed across large regions by several companies and thus easily consumed by a large section of the population. According to WHO, in 2018, around 214 million women of reproductive age in developing countries who want to avoid pregnancy are not using a modern contraceptive method. In Africa, 24.2% of women of reproductive age have an unmet need for modern contraception, as per the WHO estimates. Hence, the rising demand for contraceptives to avoid unintended pregnancies, along with rising government initiatives, is expected to drive the market in the forecast period.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Africa Contraceptive Drugs and Devices Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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