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Contraceptives Market Growth Prospects, Future Industry Landscape And Forecast To 2032
Contraceptives Market
Contraceptives Market Size, Growth Rate, And Forecast
The global contraceptives market size grew from $24.13 billion in 2022 to $25.79 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The contraceptives market size is expected to grow to $33.31 billion in 2027 at a CAGR of 6.6%.
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Contraceptives Market Drivers
The rising frequency of sexually transmitted illnesses or diseases is driving the demand for contraceptives. Sexually transmitted diseases (STDs) are infections spread from one person to another through sexual interaction. The most typical contact occurs during anal, oral, and vaginal intercourse and they can spread through other close physical contact methods. Skin-to-skin contact is the most common reason for STDs such as herpes and HPV to spread. Contraceptives are used to control the spread of these diseases.
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Contraceptives Market Segments
1) By Product: Oral Contraceptive Pills, Topical Contraceptives, Injectables, Diaphragms, Vaginal Rings, Condoms, Contraceptive Sponges, Subdermal Implants, Intra-Uterine Devices
2) By Age Group: 15-24 Years, 25-34 Years, 35-44 Years, 44 Years
3) By Distribution Channel: Hospital Pharmacies, Independent Pharmacies, Online Pharmacies, Clinics, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Contraceptives Market.
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Contraceptives Market Key Players
Major competitors in the Contraceptives Market include Merck & Co. Inc., Cipla Inc., Bayer AG, Reckitt Benckiser Group plc, Veru Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Mithra Pharmaceuticals, Pfizer, Inc., Allergan PLC, Mankind Pharma, Karex Berhad, Piramal Enterprises Ltd., and Thai Nippon Rubber Industry Co. Ltd
The Business Research Company's "Global Contraceptives Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Contraceptives Market Include:
1. Executive Summary
2. Contraceptives Market Characteristics
3. Contraceptives Market Trends And Strategies
4. Contraceptives Market - Macro Economic Scenario
5. Contraceptives Market Size And Growth
.......
26. Africa Contraceptives Market
27. Contraceptives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Contraceptives Market
29. Contraceptives Market Future Outlook and Potential Analysis
30. Appendix
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