Press release
Indian Oral Contraceptives Market Growing Trade Among Emerging Economies Opening New Opportunities
Report OverviewIndian Oral Contraceptives market size stood at around USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of 17% during the forecast period.
Oral contraceptives have been much less popularized in comparison to other contraceptive means. Oral contraceptive pills (OCPs) are an important contraceptive method in India due to provision of OCPs by frontline health workers. Despite the availability of community-based distribution of OCPs, OCP use in India remains low, at 8.6% of modern method use among married women using contraception in 2017. Currently married, nonpregnant women aged 15-49 years in India can be classified into 13 mutually exclusive groups on the basis of six characteristics of women-surviving children, household standard of living, religion, womens years of schooling, husbands education, and residence. The rising need for cost-effective and short-term contraception methods is projected to augment the growth of the oral contraceptives market growth in the forecasted period.
Market Drivers
The rising need for population control surge the market growth because of the governments efforts to control the population growth. The rising prevalence of unwanted pregnancy propelled the uptake of oral contraceptives in china. On account of the growing population various public and private partnerships are expected to have a favorable impact on sex education and contraceptive usage in the coming years. Also, significant unmet needs for contraceptives are expected to boost the market. The choices available for contraception depend on the availability and accessibility of local contraception methods. Additionally, rising awareness about the use of condoms to prevent spreading of Sexually Transmitted Infections (STIs), especially HIV, are also contributing towards the growth of the contraceptives market in India. Thus, a rising need for cost-effective and short-term contraception methods is projected to augment the growth of the oral contraceptives market growth in the forecasted period.
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Major Players
The key players in the Indian Oral Contraceptives Market are Bayer AG and Allergan which hold the maximum market share. The market is a bit fragmented with various local and global players in Indian Market. Other key market players are Pfizer Inc., Teva Pharmaceuticals Industries, and Merck & Co Inc, Azesto Impex Private Limited, Corozon, Facemed Pharmaceuticals Private Limited etc.
The report delivers the challenges in front of the Indian Oral Contraceptives Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the Indian Oral Contraceptivess Market including the current trends, growth opportunities, restraints, and market drivers.
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Market Segmentation
By Type:
Based on the type, the market is segmented into combined contraceptives pills and Progestin-only pills. Combined contraceptive pills hold a dominant market share and are a reliable form of contraception with fewer side effects. Better control of the monthly menstrual cycle and relief from the premenstrual cycle coupled with the improvement in acne are some of the characteristics of combined contraceptive pills.
By Distribution Channels:
Based on the Distribution Channel, the market is segmented into Hospital pharmacy, Retail pharmacy, and online pharmacy. Retail pharmacies hold the major market share owing to increased sale of OTC contraceptives, increased awareness, and knowledge of the population about various forms of contraception. The online segment is anticipated to hold a major market share owing to increasing investment by key companies to establish their strong presence on the online pharmacy platforms.
Major Players
The key players in the Indian Oral Contraceptives Market are Bayer AG and Allergan which hold the maximum market share. The market is a bit fragmented with various local and global players in Indian Market. Other key market players are Pfizer Inc., Teva Pharmaceuticals Industries, and Merck & Co Inc, Azesto Impex Private Limited, Corozon, Facemed Pharmaceuticals Private Limited etc.
The Indian Oral Contraceptives Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the Indian Oral Contraceptives market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the Indian Oral Contraceptives Market.
International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic Indian Oral Contraceptives market. Each section of the research study is specially prepared to explore key aspects of the global Indian Oral Contraceptives Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global Indian Oral Contraceptives market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.
This post-pandemic business planning research will aid clients to:
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• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.
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Strategic Points Covered in Table of Content of Global Indian Oral Contraceptives Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Oral Contraceptives market
Chapter 2: Exclusive Summary - the basic information of the Indian Oral Contraceptives Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Oral Contraceptives
Chapter 4: Presenting the Indian Oral Contraceptives Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Oral Contraceptives market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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