Press release
Contraceptive Implant Market Sets the Table for Continued Growth| Bayer, Allergan, Merk
Contraceptive Implant Market
Some of the key players profiled in the study are Bayer AG (Germany), Allergan Inc (Ireland), Merk & Co. (United States), Mayer Laboratories (United States), Teva Pharmaceutical (Israel), Kessel (Germany), Karex Industries (Malaysia), The Female Health Company (United States), Reckkit Benckiser Group (United Kingdom).
According to HTF Market Intelligence, the Global Contraceptive Implant market is to witness a CAGR of 7.5% during the forecast period of 2023-2028. Global Contraceptive Implant Market Breakdown by Application (Hospitals, Clinics, Others) by Type (Levonorgestrel Implants, Etonogestrel Implants) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Contraceptive Implant market size is estimated to increase by USD 1.3 Billion at a CAGR of 7.5% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, the market value is pegged at USD 2.6 Billion.
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Definition:
A doctor or nurse places the contraceptive implant, which is a thin, flexible plastic rod, under the skin of the upper arm. LARCs, or long-acting reversible contraceptives, are another name for them. A contraceptive implant is a flexible plastic rod the size of a matchstick that is implanted beneath the skin of the upper arm. The implant releases small, frequent amounts of the progestin hormone. It lasts for three years and results in the system releasing the progestogen hormone to prevent conception. The progestogen hormone is gradually released into the circulation by the implant, stopping the monthly production of an egg (ovulation). Additionally, it thickens the cervical mucus, which makes it more difficult for sperm to pass through the cervix and thins the lining of the womb, which decreases the possibility that a fertilized egg would establish itself.
Market Trends:
• Increasing preference for long-acting contraceptives
• Growing awareness about the benefits of contraceptive implants
• Technological advancements leading to the development of more effective and user-friendly implants
• Expansion of healthcare infrastructure and rising healthcare expenditure
• Increasing adoption of family planning programs
Market Drivers:
• The contraceptive implant is one of the most effective options available (the other being an IUD).
• The contraceptive implant can be removed at any time after placement based on preference.
Market Opportunities:
• The market for contraceptive implant is increasing since the methods use estrogen and progestin, which are two hormones.
• Certain health conditions prevent some people from using estrogen-containing products.
Market Challenges:
• Stringent regulatory policies for the approval of contraceptive implants
• Lack of skilled healthcare professionals for implant insertion and removal
• Resistance from conservative groups towards the promotion of family planning services
• Lack of funding for research and development activities
Market Restraints:
• The most prevalent and problematic side effects of contraceptive implants are changes to the regular menstrual cycle.
• High cost of contraceptive implants
• Side effects associated with the use of hormonal implants
• Limited awareness and access to contraceptive implants in some regions
• Cultural and religious barriers in certain countries
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of the Contraceptive Implant Market: Levonorgestrel Implants, Etonogestrel Implants
Key Applications/end-users of Contraceptive Implant Market: Hospitals, Clinics, Others
Book Latest Edition of Global Contraceptive Implant Market Study @ https://www.htfmarketintelligence.com/buy-now?format=1&report=3204
With this report, you will learn:
• Who the leading players are in Contraceptive Implant Market?
• What you should look for in a Contraceptive Implant
• What trends are driving the Market
• About the changing market behavior over time with a strategic viewpoint to examine competition
Also included in the study are profiles of 15 Contraceptive Implant vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining the latest product/service offering.
List of players profiled in this report: Bayer AG (Germany), Allergan Inc (Ireland), Merk & Co. (United States), Mayer Laboratories (United States), Teva Pharmaceutical (Israel), Kessel (Germany), Karex Industries (Malaysia), The Female Health Company (United States), Reckkit Benckiser Group (United Kingdom)
Who should get the most benefit from this report's insights?
• Anyone who are directly or indirectly involved in the value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Contraceptive Implant
• Marketers and agencies doing their due diligence in selecting a Contraceptive Implant for large and enterprise-level organizations
• Analysts and vendors looking for current intelligence about this dynamic marketplace.
• Competition who would like to benchmark and correlate themselves with market position and standings in the current scenario.
Make an inquiry to understand the outline of the study and further possible customization in offering @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-contraceptive-implant-market
Quick Snapshot and Extracts from TOC of Latest Edition
Overview of the Contraceptive Implant Market
Contraceptive Implant Size (Sales Volume) Comparison by Type (2023-2028)
Contraceptive Implant Size (Consumption) and Market Share Comparison by Application (2023-2028)
Contraceptive Implant Size (Value) Comparison by Region (2023-2028)
Contraceptive Implant Sales, Revenue and Growth Rate (2023-2028)
Contraceptive Implant Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High-Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyse competitors, including all important parameters of Contraceptive Implant
Contraceptive Implant Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
Get Detailed TOC and Overview of Report @ https://www.htfmarketintelligence.com/report/global-contraceptive-implant-market
Thanks for reading this article, you can also make sectional purchases or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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