openPR Logo
Press release

Contraceptives Market to surpass USD 4.96 billion by 2030

02-14-2024 11:18 AM CET | Health & Medicine

Press release from: SNS Insider Pvt Ltd

Contraceptives Market

Contraceptives Market

Contraceptives Market to surpass USD 4.96 billion by 2030
Contraceptives Market Report Scope :
The SNS Insider report indicates that the Contraceptives Market was valued at USD 1.08 billion in 2022, and is expected to reach market size of USD 4.96 billion by 2030, with a compound annual growth rate (CAGR) of 35% expected over the forecast period from 2023 to 2030.
There is a high degree of fragmentation on the global contraceptive market, with an increasing number of foreign and local players involved. Since there is a lack of awareness about the advantages of contraceptives in developing economies, market stakeholders should initiate collaborative agreements with governments to educate women as well as related individuals about different alternatives. To increase their uptake in developing economies, manufacturers should step up the production of low-cost options for contraception.

Key Players :
-Bayer Ag
-Pfizer, Inc
-Cooper Companies
-Ansell Ltd
-Mayer Laboratories
-Merck &CO
-Vera
-And many others

Get a Free Sample of Report @ https://www.snsinsider.com/sample-request/2791

Market Opportunities :
Oral contraceptives are highly used after by young people in developing nations. The high number of governments sponsored programs and the free provision of contraceptives in rural and urban areas will boost growth in the sale and wide use of these pills in the market. In addition to the growing challenges that are related with teenage pregnancies, growing knowledge of modern contraception and the issue of unplanned pregnancies will continue to further push the market for oral pills.

Segmentation Analysis :
Based on products, the global industry has been segmented into contraceptive drugs and contraceptive devices. The contraceptive devices sector accounted for the largest revenue share of more than 65.66% in 2022, which is expected to grow at a compound annual growth rate of 7.12% during the forecast period. This is attributed to an increase in the awareness level of STDs and the efficiency of condoms to prevent infections, including HIV. In a recent study, subdermal implants have been identified to have an immense potential to meet the requirement of women for family planning.
The retail pharmacies segment is expected to have the highest market share during the forecast period on the basis of the distribution channel. The improvement in the supply chain network of manufacturers is a reason for this. Furthermore, due to the collaboration of hospitals with distributors and manufacturers in particular for birth control devices, hospital pharmacies are also expected to experience significant growth rates over the next few years.

Key Market Segmentations :
By Product Type:
-Drugs
-Devices

By Age Group:
-15-44
-Above 44

By End User:
-Households
-Hospitals
-Clinics

Key Regional Development :
North America dominated the global industry in 2022 with the maximum revenue share of more than 33.1% and is expected to maintain its position throughout the forecast period owing to the high incidence of abortion, rising population of women within the age group of 15-44 years, and high patient awareness levels in the region. The launch of generic and low-cost drugs and devices has also led to an increase in the demand for contraceptives by teenagers. A new category of condoms, Intense, was launched by Reckitt Benckiser in April 2022.
Asia Pacific is expected to grow at a faster rate than any other region during the forecast period, The increase can be attributed to a growing number of government initiatives, a growing demand for population control, and a decrease in unintended pregnancies. According to the Center for Reproductive Rights, around 53.8 million unintended pregnancies occur every year in Asia, and around 65% of those are abortion cases.

Make an Enquiry about Report @ https://www.snsinsider.com/enquiry/2791

Key Takeaway from Contraceptives Market Study :
An overview of the portfolio, such as product planning, development and positioning is provided and the role of technology firms in partnerships.
Analyse market size and provide forecasts for current and forthcoming contraceptive products during the forecast period. To analyse the competition factors, competitors' market shares, product capabilities and supply chain structures.

Recent Development Related to Contraceptives Market :
In January 2023, FemCare Pharmaceuticals, a leading contraceptive company, launched a revolutionary hormonal patch that provides a convenient and discreet contraceptive option for women. The patch delivers a controlled dose of hormones to prevent pregnancy and offers increased flexibility in birth control choices.
In April 2023, LunaHealth, a renowned medical device manufacturer, unveiled an advanced intrauterine device (IUD) that combines contraceptive effectiveness with enhanced comfort. The new IUD design incorporates innovative materials and features to minimize discomfort during insertion and use, providing women with a reliable and user-friendly birth control solution.

Buy this Exclusive Report @ https://www.snsinsider.com/checkout/2791

Table of Contents
1.Introduction
2.Research Methodology
3.Market Dynamics
4.Impact Analysis
5.Value Chain Analysis
6.Porter's 5 forces model
7.PEST Analysis
8.Contraceptives Market Segmentation, by  productivity Type
9.Contraceptives Market Segmentation, by  age group
10.Contraceptives Market Segmentation, by End User
11.Regional Analysis
12.Company Profile
13.Competitive Landscape
14.Use Cases And Best Practices
15.Conclusion

Akash Anand - Head of Business Development & Strategy,
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND),
info @ snsinsider.com,
Website : https://www.snsinsider.com/

SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies.
We assist our clients to anticipate industrial, economic, and consumer trends to drive disruptive change by fusing global experience with local information from experts throughout the world. We bring context to strategic and tactical data by bridging approaches based on data science and field research, assisting you in addressing your most pressing problems and spotting possibilities.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Contraceptives Market to surpass USD 4.96 billion by 2030 here

News-ID: 3384163 • Views:

More Releases from SNS Insider Pvt Ltd

Automotive Digital Cockpit Market Size is Predicted to Grow USD 29.14 billion by 2031 Due to Rise of Mobile Services
Automotive Digital Cockpit Market Size is Predicted to Grow USD 29.14 billion by …
Automotive Digital Cockpit Market Overview: The SNS Insider report indicates that the Automotive Digital Cockpit Market was valued at  USD 15.98 billion in 2023, and it is projected to achieve a market size of USD 29.14 Billion by 2031 with a compound annual growth rate CAGR of 7.87% expected over the forecast period from 2023 to 2030. The automotive digital cockpit market indeed continues to witness significant growth, driven by advancements in technology and
Semi-Autonomous Vehicle Market Hits $113.76 Million by 2030
Semi-Autonomous Vehicle Market Hits $113.76 Million by 2030
The SNS Insider report indicates that the 𝐒𝐞𝐦𝐢-𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at US$ 24.27 million in 2022, and it is projected to achieve a market size of 𝐔𝐒$ 𝟏𝟏𝟑.𝟕𝟔 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, with a compound annual growth rate (CAGR) of 21.3% expected over the forecast period from 2023 to 2030. 𝐀 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐜𝐨𝐩𝐞: As technology continues to advance, the capabilities of autonomous and semi-autonomous vehicles are expected to improve
Heart Failure POC & LOC Devices Market Worth US$ 286.42 Million by 2030
Heart Failure POC & LOC Devices Market Worth US$ 286.42 Million by 2030
Heart Failure POC & LOC Devices Market Report Scope & Overview According to SNS Insider's analysis, the allure of miniaturization combined with its potential to revolutionize disease diagnosis through cost-efficiency, simplicity in operation, and analytical capabilities is a standout feature of lab-on-chip (LOC) technology. Driving the market forward will be the dynamic landscape of research and development endeavors focused on pioneering novel LOC tests tailored for the detection of cardiovascular disease
Regenerative Medicine Market Size, Share, Segmentation, Opportunities & Industry forecast by 2030
Regenerative Medicine Market Size, Share, Segmentation, Opportunities & Industry …
Regenerative Medicine Market Sizing According to the SNS Insider Report, the market size of Regenerative Medicine was assessed at US$ 25.65 Bn in 2022, with projections pointing towards a growth to US$ 90.13 Bn by 2030. This signifies a compound annual growth rate (CAGR) of 17.01% during the forecast period from 2023 to 2030 Regenerative Medicine Market Report Scope The Regenerative Medicine Market Report is comprehensive analysis of the global market for

All 5 Releases


More Releases for Contraceptives

Hormonal Contraceptives Market Size, Share | Hormonal Contraceptives Industry Fu …
Global Hormonal Contraceptives Market Report provides a detailed industry overview along with the analysis of Cost Structure, Supply Chain, Development Techniques, Retailers Analysis, Financial Support, business Strategies, Marketing Channels. Global Hormonal Contraceptives Market research report provides a point-by-pointIn-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade regulations,
Potential Opportunities of Contraceptives Market
The global contraceptives market, valued at US$ 20,111.6 Mn in 2017, is set to jump to US$ 31,666.9 mn by 2025, according to a report published by Fortune Business Insights, titled "Contraceptives Market Size, Share and Global Trend By Product Type (Contraceptive Drugs & Contraceptive Devices), By Gender (Male & Female), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channel, Public Channel & NGO & Others), and Geography Forecast
Contraceptives Market Trends And Forecast 2015 - 2025
Contraception is deliberate prevention of pregnancy by interfering with normal process of ovulation, fertilization and implantation through the use of barriers, drugs, medical devices or surgical techniques. Contraceptives are the drugs or devices which not only inhibit pregnancy but also sexually transmitted diseases (STDs). The contraceptive devices are available in various forms such as coil, loop, triangle, and T-shaped, and are made of plastic or metal. Currently the trend witnessed
Contraceptives Market to Develop Rapidly by 2025
The worldwide Contraceptives Market is foreseen to experience exceptional competition with the emergence of a huge number of companies that work globally. Nevertheless, Bayer AG sustained as the victorious business in year 2016 ascribed to its several solid worldwide presence and item portfolio. This has supported other key players to create effective and affordable contraception products in coming years. Some other major firms in the contraceptives market are Cipla Inc., Mankind
Global Contraceptives Market: Market Segmentation
The worldwide contraceptives market is foreseen to experience exceptional competition with the emergence of a huge number of companies that work globally. Nevertheless, Bayer AG sustained as the victorious business in year 2016 ascribed to its several solid worldwide presence and item portfolio. This has supported other key players to create effective and affordable contraception products in coming years. Some other major firms in the contraceptives market are Cipla Inc., Mankind
Contraceptives Market Size - Industry Share Report 2021
The Global Contraceptives Market was worth $ 21.5 billion in 2016 and estimated to reach $ 29.60 billion by the end of 2021 with a growing potential of 6.6 %. Contraceptives market is predicted to grow rapidly due to increasing awareness in making right decisions about their sexual and reproductive health. Full report at: http://www.marketdataforecast.com/market-reports/global-contraceptives-market-1228/ Contraception is a prevention of pregnancy by interfering with normal process of fertilization, ovulation and implantation through the