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Contraceptive Drugs Market Size, Share, Trends, Outlook, Growth, Analysis, Report and Forecast 2024-2032

03-28-2024 11:27 AM CET | Health & Medicine

Press release from: Expert Market Report

Contraceptive Drugs Market

Contraceptive Drugs Market

The global contraceptive drugs market share value was USD 18.64 billion in 2023, driven by the increased awareness among consumers about family planning and the need to control the escalating population. The market size is anticipated to grow at a CAGR of 7% during the forecast period of 2024-2032 to achieve a value of USD 34.33 billion by 2032.

Contraceptive Drugs: Introduction

Contraceptive drugs, commonly known as birth control pills or oral contraceptives, are a pharmaceutical innovation that has revolutionized family planning and reproductive health. These medications are designed to prevent pregnancy by regulating a woman's hormonal cycle, primarily through the suppression of ovulation (the release of eggs from the ovaries). Contraceptive drugs typically contain synthetic versions of the hormone estrogen and progestin, which work together to inhibit the natural processes that lead to conception. They offer a safe and effective means for individuals to exercise control over their fertility, providing options for family planning, spacing pregnancies, and managing various medical conditions such as polycystic ovay syndrome (PCOS) and endometriosis. The availability and widespread use of contraceptive drugs have had a profound impact on women's reproductive autonomy and overall public health, contributing to a decline in unintended pregnancies and improved maternal and child health outcomes.

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Key Trends in the Contraceptive Drugs Market

The global contraceptive drugs market is influenced by several factors that are contributing to its growth. One of the primary drivers is the heightened awareness among consumers about family planning and the need to control the escalating population along with managing the rate of unintended pregnancies. Additionally, there's a noticeable shift among healthcare practitioners who are now favoring modern contraceptive methods over traditional ones due to their enhanced safety profiles and superior clinical outcomes.

The market is also buoyed by the regular approval of innovative medications by regulatory bodies such as the FDA. These include novel forms of contraceptives, like gelatin capsules and non-hormonal vaginal gels, which are designed to create unfavorable conditions for sperm survival by maintaining vaginal pH levels.

Furthermore, there's a continuous investment in research and development to innovate and improve contraceptive drugs. This progress is supported by various initiatives from non-governmental organizations (NGOs) and health agencies, which are aimed at educating the public about contraceptive techniques, women's health, and sexual wellness. These efforts collectively propel the market forward, reflecting a growing endorsement of contraceptive drugs as a safe and reliable option for family planning and sexual health.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/contraceptive-drugs-market

Contraceptive Drugs Market Segmentations

Market Breakup by Type

• Progestin Pills
• Combination Pills
• Monophasic
• Triphasic
• Others

Market Breakup by Drug Type

• Generics
• Branded

Market Breakup by Therapy Type

• Monotherapy
• Combined Contraceptives

Market Breakup by Age Group

• 15-45 Years
• Above 45 Years

Market Breakup by Distribution Channel

• Hospital Pharmacy
• Retail Pharmacy
• Online Channel
• Public Channel
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Contraceptive Drugs Market Overview

The global market for contraceptive drugs includes a wide array of products that cater to women of childbearing age, aiming to prevent unwanted pregnancies and reduce the incidence of sexually transmitted infections. Oral contraceptives lead the market, acclaimed for their high effectiveness and ease of use. The demand is particularly strong among younger women, especially those aged 15-24, indicating a trend toward early adoption of birth control measures. The market has faced challenges due to the COVID-19 pandemic, with disruptions in supply chains and access to healthcare impacting availability. Nevertheless, with the easing of restrictions and the rise of online pharmaceutical services, accessibility is improving. Injectable contraceptives are witnessing growing awareness and are expected to see a substantial increase in usage. In terms of end-users, homecare dominates as it allows privacy and convenience, with oral pills and contraceptive patches being popular choices.

Contraceptive Drugs Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Piramal Enterprises Ltd.
• Agile Therapeutics
• Johnson & Johnson Services, Inc.
• Abbive Inc.
• Merck & Co Inc.
• Teva Pharmaceuticals Industries Ltd.
• Bayer AG
• Pfizer Inc.
• Helm AG.
• Reckitt Benckiser Group PLC
• Viatris Inc.
• Amneal Pharmaceuticals LLC
• Bayer AG
• Allergan plc.
• Agile Therapeutics

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Contraceptive rings are smooth, flexible round shaped plastic rings which are meant to insert into vagina to on first day woman’s menstrual cycle to prevent possible pregnancy. When contraceptive rings are placed into the vagina it releases two hormones named estrogen and progestogen which are similar to natural hormones released by the body and which are also used in the contraceptive pills. Contraceptive rings release continuous dose of these hormones
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Oral contraceptive pills is a kind of female hormonal anti-conception medication technique that is used for avoiding pregnancy. Contraceptive drugs are used to prevent the unwanted pregnancy by blocking the normal process of ovulations or by altering the process which support the fertilization of egg. The prevalence of women with unmet contraception needs was accounted at 214 million in 2018 by WHO. Further, as indicated by, United Nations,
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