Press release
Emergency Contraceptive Pills Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028
Market Overview:Global Emergency Contraceptive Pills Market was valued at USD 1.00 billion in 2021 and is expected to reach USD 1.14 billion by the year 2028, at a CAGR of 1.8%.
Emergency contraception may be used to prevent pregnancy after unprotected sex. Emergency contraceptive pills (ECPs), also known as contraceptives, are pills that must be taken within 120 hours (5 days) of unprotected sex. In the late 1990s, the prescription Preven Emergency Contraception Kit was created. It was based on the Yuzpe method and included four combination pills, instructions, and a urine bioassay. Some emergency contraception is most effective when used within 72 hours (3 days) of intercourse. The emergency pill functions by delaying ovulation (the release of an egg during the monthly cycle). If fertilization and implantation have already occurred, ECPs will not terminate the pregnancy.
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Market Dynamics:
Driver:
The 99% pregnancy prevention guarantee is provided by contraceptive pills. The market for contraceptive drugs and devices is continuing to grow despite the sexual diseases that are rapidly growing. Emergency contraception pills prevent unintended pregnancy by preventing or delaying ovulation and do not induce abortion. This can propel the market of Emergency contraception pills.
Opportunities:
There will be expansion opportunities as a result of the quick uptake of generic contraceptives. Generic contraceptive pills are inexpensive and simple to use. The demand for generic contraceptive pills is rising as the number of abortions rises. Demand will increase as this market continues to develop. One of the major factors anticipated to hasten the growth of the global market for emergency contraceptive pills over the next few years is the increasing awareness of the public. In the coming years, the expansion of the market will likely be supported by the improvement of the distribution network and the easy accessibility of those pills.
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Segmentation Analysis Of Emergency Contraceptive Pills Market
By product type, the combination pill segment is forecasted to dominate the emergency contraceptive pill market in the upcoming future. The combined pill is an oral contraceptive that contains a combination of synthetic hormones. These chemicals closely resemble the naturally produced female hormones, estrogen, and progesterone, which help regulate ovulation i.e. the formation and release of the egg.
By Distribution Channel, the offline segment is predicted to have a lion's share in the emergency contraceptive pills market. Emergency Contraceptive Pills Market has been segmented into Online and Offline. Drug stores and hospital pharmacies come under offline application of emergency contraceptive pills and are the two largest sales channels for emergency contraceptive pills.
By Product Type
• Progesterone PillsEstrogen Pills
• Combination Pills
• Others
By Distribution Channel
• Online
• Offline
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐧𝐝 𝐬𝐡𝐚𝐫𝐞 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐢𝐟 𝐚𝐧𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐭𝐡𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐭
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Regional Analysis Of Emergency Contraceptive Pills Market
The North American region is anticipated to dominate the contraceptive pills market in the analysis period. A US-based organization, that is focusing on expanding proper access to emergency contraceptive products. In the US region, among all sexually active women, not seeking pregnancy, 93% of unmarried women who lived with a partner used contraceptives, which is likely to support the growth of this region in the coming few years.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Top Key Players Covered In Emergency Contraceptive Pills Market
• Teva Pharmaceutical Industries Ltd. (Israel)
• Bayer AG (Germany)
• HRA Pharma (France)
• Piramal Enterprises Limited (India)
• Mankind Pharma Ltd. (India)
• Richter Gedeon Nyrt (Hungary)
• Lupin Limited (India)
• Cooper Pharma (India)
• Pfizer Inc. (US)
• Zhejiang Xianju Pharmaceutical Co. (China) and Other Major Players.
Key Industry Development In The Emergency Contraceptive Pills Market
• In March 2022, FDA urged to allow emergency contraceptive pills. An advocacy group for family planning has urged the Food and Drug Administration (FDA) to reconsider lifting the 20-year-old ban on emergency contraceptive (EC) pills as the country resumes face-to-face operations in the face of declining Covid-19 cases.
• In March 2022, A contraceptive or Morning After pill. A male pill found to be 99 percent effective in mice is predicted to enter human trials by the top of this year. The findings are going to be presented at the American Chemical Society's spring meeting, and mark a key step towards expanding contraception options also as responsibilities for men.
Table Of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By Distribution Channel
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Emergency Contraceptive Pills Market by Product Type
5.1 Emergency Contraceptive Pills Market Overview Snapshot and Growth Engine
5.2 Emergency Contraceptive Pills Market Overview
5.3 Progesterone Pills
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Progesterone Pills: Grographic Segmentation
5.4 Estrogen Pills
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Estrogen Pills: Grographic Segmentation
5.5 Combination Pills
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Combination Pills: Grographic Segmentation
5.6 Others
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others: Grographic Segmentation
Continue…..
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