US Total Birth Control Market Size, Future Growth, Segments Forecast 2021-2027

Precision Business Insights published a research report on “US Total Birth Control Market Size, Share & Trends Analysis Report by Product (Pills, Condoms, Diaphragms, Sponge, Vaginal Ring, Subdermal Implants, IUD, Patch, Injectable), and Segment Forecasts, 2020 – 2027”.

Contraception is the intentional prevention of conception by interfering with the biological processes of ovulation, fertilisation, and implantation through the use of barriers, medications, medical devices, or surgical techniques, and contraceptives are the devices used for contraception. Not only do contraceptive medications or devices prevent pregnancy, but they also prevent sexually transmitted infections (STDs). Intrauterine Devices (IUD) hold the leading position in the contraceptive market's products sector, with a 30 percent to 35 percent application CAGR forecasted through 2025. Its dominance over a wide range of contraceptive methods, including contraceptive sponges, vaginal rings, contraceptive diaphragms, subdermal implants, male condoms, and female condoms, can be linked to its effectiveness in preventing unwanted births. The intrauterine system has a failure rate of less than 1%, according to the American Pregnancy Association's data.

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The usage of various birth control techniques is predicted to increase as women in the 15–49-year age group become more aware of the importance of sexual and reproductive health. Women between the ages of 15 and 29 favour modern contraceptive methods such as condoms, tablets, and implants. In the United States, 43 million women were at risk of an unwanted pregnancy in 2018. According to the Clinics for Disease Control and Prevention (CDC), women still lack access to healthcare centres that offer a full spectrum of contraception techniques. Women in smaller counties have limited access to contemporary birth control, resulting in undesired pregnancies and abortions. As a result, rising contraceptive demand is expected to boost market growth. All FDA-approved contraceptive methods must be covered by private insurance, according to the Patient Protection and Affordable Care Act. In order to assist women, the federal and state governments provide compensation for family planning services and materials.

Owing to the favourable government initiatives, increasing prevalence of sexually transmitted diseases, high rate of unwanted pregnancies, and other factors, the United States dominated the North American contraceptives industry in 2020. The US government has launched various contraception and family planning awareness campaigns, which have boosted the industry's profitability. In the United States, the rate of unplanned pregnancies is high.

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Some of the major key players in the us total birth control market are Reckitt Benckiser Group Plc, Merck & Co., Inc. Veru, Pfizer, Inc. The Cooper Companies, Inc. Allergan, Agile Therapeutics, TherapeuticsmMD, Inc. Bayer Ag, Melbea Innovations Ltd., Afaxys, Inc. Mayer Laboratories, Inc. Mithra Pharmaceuticals, Blairex Laboratories, Inc., Sebela Pharmaceuticals, Ocon Healthcare, Abbvie, Smb Corporation Of India, Mona Lisa.

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