Press release
Contraceptive Drugs Market: Doctors on the cusp of launching the first male contraceptive
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The global contraceptive drugs market size was evaluated at $14,324.12 million in 2019, and is estimated to garner $24,412.22 million by 2027, registering a CAGR of 6.9% during the forecast period.
Flood deprived for forestalling undesirable pregnancy, ascend in mindfulness for contraceptives across the world, expansion in utilization of oral contraceptives as a favored strategy to keep away from impromptu pregnancy, upsurge in government and NGO drives advancing contraceptives, and mounting mindfulness about sexually transmitted diseases drive the development of the worldwide preventative medications market. Then again, wellbeing chances related with the utilization of preventative techniques block the development somewhat. Be that as it may, ascend in discretionary cashflow, interest for solid life in arising economies, and presence of enormous neglected prophylactic necessities in arising Asian and African economies are supposed to set out worthwhile open doors for the vital participants in the business.
Covid-19 scenario-
During the outbreak of the pandemic the contraceptive drug manufacturers have been through several challenges with unpredictable and distorted supply chain activities and lack of skillful human resources. Also, declined number of hospital visits by women to receive injectable further affected the market.
However, as the restrictions are getting eased off, the global market for contraceptive drugs is expected to recoup soon.
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Top Market Players:
Allergan Plc
Bayer AG
Teva Pharmaceutical Industries Ltd.
GlaxoSmithKline Plc
Piramal Healthcare
Mylan N.V.
Pfizer Inc.
Johnson & Johnson
Agile Therapeutics
Novartis AG
Segments Covered :
By Product, By Procedure, By Application, By End-Use, By Region
Important Questions Being Answered by the Market Report
What is the Contraceptive Drugs Market size and growth?
What are the prominent and latest trends impacting the market?
Which regions will observe growth on new occasions?
Which players are adopting a functioning and planned framework to obtain customer loyalty?
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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