Contraceptive Devices Market Demand, Top Brands Share, Size, Industry Growth Statistics, and Analysis Report 2022-2027

The latest report published by IMARC Group, titled "Contraceptive Devices Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, the global contraceptive devices market reached US$ 12.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 18.7 Billion by 2027, exhibiting a growth rate (CAGR) of 6.96% during 2022-2027. Contraceptive devices are birth control tools used for preventing pregnancies and sexually transmitted diseases (STDs) by acting as a physical barrier that inhibit the sperm from encountering the uterus. Some of the commonly used contraceptive devices include diaphragms, sponges, subdermal implants, intrauterine devices (IUDs), condoms, and cervical caps. The demand for contraceptive devices is increasing across the globe due to the rising number of unwanted pregnancies.

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Global Contraceptive Devices Market Trends:

The global market is majorly driven by the increasing prevalence of STDs, such as chlamydia, hepatitis B, HIV/AIDS, trichomoniasis, and gonorrhea. Moreover, the rising awareness regarding STDs and available alternatives for preventing unexpected pregnancies among the masses is impacting the market growth favorably. In addition to this, the numerous initiatives undertaken by the government of various developed and developing nations to raise awareness regarding contraceptives and family planning is creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and rising healthcare expenditures.

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Global Contraceptive Devices Market 2022-2027 Analysis and Segmentation:

Competitive Landscape with Key Players:

• Allergan Plc
• Bayer Healthcare
• Cooper Surgical Inc.
• Merck & Co.
• Mylan Laboratories
• Pfizer Inc.
• Reckitt Benckiser
• Teva Pharmaceutical Industries Ltd.
• The Female Health Company

Breakup by Device Type:

• Condoms
• Diaphragms
• Cervical Caps
• Sponges
• Vaginal Rings
• IUDs
• Others

Breakup by End User:

• Male
• Female

Breakup by Distribution Channel:

• Hospital Pharmacies
• Retail Pharmacies
• Online Stores
• Others

Breakup by Application:

• Household
• Commercial
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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