Press release
Exclusive Report on Global Contraceptive Drugs Industry: Post-COVID Growth Opportunity Analysis, Key Players | Bayer AG, Pfizer Inc., and Teva Pharmaceutical Industries Ltd.
The rise in need to prevent unwanted pregnancy, surge in awareness for contraceptives across the world and rise in the usage of oral contraceptives as a preferred method to avoid unplanned pregnancy drive the growth of the global contraceptive drugs market . In addition, increase in government and NGO initiatives promoting contraceptives and mounting awareness about STDs further fuel the growth of the global market.
However, health risks related to the use of contraceptive methods restrain the growth to some extent. Nevertheless, rise in disposable income, growth in demand for healthy life in emerging economies and presence of large unmet contraceptive needs in emerging Asian and African economies are anticipated to present opportunities for market expansion over the forecast period.
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Key Players
Some of the major Contraceptive Drugs players holding high market share include Bayer AG, Pfizer Inc., and Teva Pharmaceutical Industries Ltd. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
● Bayer AG
● Pfizer Inc.
● Teva Pharmaceutical Industries Ltd.
● Merck & Co., Inc.
● Mylan N.V.
● Allergan Plc
● Agile Therapeutics
● GlaxoSmithKline PLC
● Johnson & Johnson
● Novartis AG
The recently published research report on Global Contraceptive Drugs Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Contraceptive Drugs market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.
The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.
In terms of COVID 19 impact, the Contraceptive Drugs market report also includes the following data points:
● COVID19 Impact on Contraceptive Drugs market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in Contraceptive Drugs market
Segmental Analysis
Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Contraceptive Drugs Market:
o Drugs
o Devices
o Intrauterine Devices (IUDs)
o Hormonal IUDs
o Copper IUDs
o Diaphragms
o Others
Market Segment By End Use with the focus on market share, consumption trend, and growth rate of Contraceptive Drugs Market:
o Household
o Hospitals
o Clinic
For more information: https://evolvebi.com/product/contraceptive-drugs-market-analysis-and-forecast-2021-2028-with-covid-impact-analysis/
Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)
Geographically , North America dominated the global contraceptive drugs market. This dominance was primarily due to Presence of leading players in the region and easy availability of contraceptive products. Moreover , Asia-pacific region is most likely to emerge as the fastest growing market for all kinds of contraceptives, including birth control pills . This can be attributed to governmental initiatives adopted across emerging nations in this region which are intended at promoting the use of contraceptives as a convenient way of preventing unwanted pregnancy In addition, favourable policies have also been attributed towards driving demand for contraceptives in this region.
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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