United Kingdom Contraceptive Market Size, Share, Price, Trends, Growth, Analysis, Outlook, Report, Forecast 2023-2028

Report Overview

The UK Contraceptive Market size stood at USD xx million in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 8.01% during the forecast period.

The UK contraceptives market is expected to have noticeable growth during the analysis period due to the new launch of new drugs and products, prevention of pregnancy, growing government steps taken for abortions, and growing awareness among people. In the UK, contraceptive usage is higher than the European average. In this country, contraceptive usage frequency is 81.3 compared to the European average of 69.2. Contraceptives devices have been barriers that attempt to prevent pregnancy by physically preventing sperm from entering the uterus. Contraception is more commonly known as fertility, and birth control is described as the method used to avoid pregnancy. They include male condoms, female condoms, cervical caps, diaphragms, and contraceptive sponges with spermicide. As per the data published by the Institute for Health Metrics and Evaluation, there was 8.50 million UK population were living with HIV/AIDS & sexually transmitted diseases in the year 2019. Thus, the increasing diseases have increased the demand for contraceptive devices that is likely to aid market growth.

Market Growth Drivers

The rising awareness in the regional population regarding contraception methods, investments by key players to develop innovative devices, and favourable government initiatives to improve access to products are the major factors accelerating the growth of the market.

In addition, rising the prevalence of sexually transmitted diseases and the growing need for population control fuelling the regional market growth. Thus, the increasing diseases have increased the demand for contraceptive devices that is likely to aid market growth. Moreover, initiatives by governments to raise awareness regarding contraceptives and family planning have also helped the growth of the market. However, side effects associated with the use of Contraceptive devices hinders the market growth.

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Major Players

The market is moderately competitive in nature. Some of the key industry contributors are AbbVie Inc. (Allergan), Bayer Healthcare, Cooper Surgical Inc. and Mylan Laboratories among others. Companies are undertaking strategic initiatives such as increasing investment in R&D of innovative products to gain a competitive edge from generic products available in the market.

The United Kingdom Contraceptive Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global United Kingdom Contraceptive market. This report explores all the key factors affecting the growth of the global United Kingdom Contraceptive market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Device Type:

The market is segmented into Condoms, Diaphragms, Cervical Caps, Vaginal Rings, Intra Uterine Device (IUD) & Other Types. Condoms are expected to dominate the United Kingdom Contraceptive Devices Market.

In the United Kingdom, the use of condoms has significantly increased in adolescents due to easy availability and convenience and the rising prevalence of Sexually transmitted disorders. According to the survey conducted by Public Health England (PHE), in 2017, chlamydia or gonorrhoea claimed a young person every 4 minutes in England. There were over 144,000 diagnoses of these sexually transmitted infections (STIs) in people aged 15 to 24 in 2017. Thus, effective protection from sexually transmitted infections and high demand from the young population to enhance their sexual experience is expected to aid the product demand.

By Drug Type:

On the basis of Drug Type, the market is segmented into Contraceptive Pills, Topical Contraceptives, Contraceptive Injectables and others. In 2019, the pills segment led the market accounting for the largest revenue share of over 40% as pills were the most common and popular contraceptive method due to their convenience of use. However, Long-Acting Reversible Contraceptives (LARCs), such as subdermal implants, are projected to witness significant growth during the forecast period due to more than 99.0% effectivity, cost-efficiency, and quick return of natural fertility.

Major Players

The market is moderately competitive in nature. Some of the key industry contributors are AbbVie Inc. (Allergan), Bayer Healthcare, Cooper Surgical Inc. and Mylan Laboratories among others. Companies are undertaking strategic initiatives such as increasing investment in R&D of innovative products to gain a competitive edge from generic products available in the market.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global United Kingdom Contraceptive Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global United Kingdom Contraceptive Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the United Kingdom Contraceptive market
Chapter 2: Exclusive Summary - the basic information of the United Kingdom Contraceptive Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the United Kingdom Contraceptive
Chapter 4: Presenting the United Kingdom Contraceptive 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 United Kingdom Contraceptive 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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In conclusion, the United Kingdom Contraceptive Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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