Press release
Prominent Contraceptive Devices Market Trend for 2025: Innovative Products In The Contraceptive Device Market
Contraceptive Devices
The rising prevalence of sexually transmitted diseases (STDs) is expected to fuel the growth of the contraceptive device market. STDs, influenced by increased sexual activity and insufficient protection, are on the rise, making contraceptive devices, especially condoms, essential for reducing transmission risks. The UK Health Security Agency reported a 4.7% increase in new STI diagnoses in England in 2023, with gonorrhea cases up by 7.5%. As a result, the growing prevalence of STDs is driving the contraceptive device market.
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What Is the projected market size and growth rate for the contraceptive devices market?
The contraceptive devices market has shown strong growth in recent years. It is expected to increase from $12.8 billion in 2024 to $13.66 billion in 2025, at a CAGR of 6.7%. The growth is driven by growing awareness about family planning and contraceptive methods, government initiatives, a rising global population, a focus on women's health and empowerment, and improving access to healthcare.
The contraceptive devices market is expected to see strong growth, reaching $17.47 billion by 2029 at a CAGR of 6.4%. Growth drivers include greater awareness of sexual health and STD prevention, the economic advantages of controlling family size, greater cultural acceptance of contraceptive use, a large proportion of the young population in reproductive age, and social media's role in spreading awareness. Trends to follow include innovations in contraceptive technology, educational initiatives by NGOs, advancements in pharmaceutical formulations, and a broadening range of available contraceptive products.
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What new trends are reshaping the contraceptive devices market and its opportunities?
Companies in the contraceptive device market are developing new products like contraceptive vaginal rings, offering a convenient and low-maintenance method of birth control. A contraceptive vaginal ring is a flexible, hormone-releasing device that prevents pregnancy by inhibiting ovulation and thickening cervical mucus. In October 2023, Xiromed LLC, a US-based pharmaceutical company, launched the EnilloRing, a vaginal ring combining etonogestrel and ethinyl estradiol. It provides long-term use for three weeks, followed by a one-week ring-free interval to prevent pregnancy effectively.
What major market segments define the scope and growth of the contraceptive devices market?
The contraceptive devices market covered in this report is segmented -
1) By Product Type: Male Contraceptive Devices, Female Contraceptive Devices, Female Condoms, Diaphragms And Sponges, Vaginal Rings, Intrauterine Devices, Sub-Dermal Implants, Others Product Types
2) By Technology: Hormonal Contraceptives, Barrier Contraceptives
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channels, Public Channel And Non-Governmental Organization (NGO), Other Distribution Channels
Subsegments:
1) By Male Contraceptive Devices: Male Condoms, Vasectomy Devices, Male Contraceptive Injections, Male Contraceptive Pills
2) By Female Contraceptive Devices: Female Condoms, Diaphragms And Sponges, Vaginal Rings, Intrauterine Devices (IUDs), Sub-Dermal Implants, Emergency Contraceptive Devices
3) By Female Condoms: Internal Latex Female Condoms, Non-Latex Female Condoms
4) By Diaphragms And Sponges: Silicone Diaphragms, Latex Diaphragms, Contraceptive Sponges
5) By Vaginal Rings: NuvaRing (And Other Hormonal Vaginal Rings), Non-Hormonal Vaginal Rings
6) By Intrauterine Devices (IUDs): Copper IUDs, Hormonal IUDs, Non-Hormonal IUDs
7) By Sub-Dermal Implants: Hormonal Implants, Non-Hormonal Implants
8) By Other Product Types: Contraceptive Patches, Contraceptive Injections, Contraceptive Pills, Contraceptive Gel And Creams
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Which region dominates the contraceptive devices market?
North America was the largest region in the contraceptive devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contraceptive devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the contraceptive devices industry growth?
Major companies operating in the contraceptive devices market are Pfizer Inc., Johnson & Johnson Services Inc., Bayer AG, Boehringer Ingelheim International GmbH., Teva Pharmaceutical Industries Ltd., Mylan N.V., Organon Group, Hologic Inc., CooperSurgical Inc., Cipla Inc., Mankind Pharma Ltd., TTK HealthCare Ltd., Zondervan, Merck Sharp & Dohme Corp., Evofem Biosciences Inc., Veru Inc., Medisafe Inc., Agile Therapeutics Inc., Janssen Global Services LLC, HLL Lifecare Ltd., Mayer Laboratories Inc., V-Care Pharma Pvt. Ltd., Vardhaman Lifecare Pvt. Ltd., Actavis Pharma LLC, Pregna International Limited
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What Is Covered In The Contraceptive Devices Global Market Report?
•Market Size Forecast: Examine the contraceptive devices market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the contraceptive devices market for a structured understanding.
•Key Players Overview: Analyze major players in the contraceptive devices market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the contraceptive devices market.
•Segment Contributions: Evaluate how different segments drive overall growth in the contraceptive devices market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the contraceptive devices market.
•Industry Challenges: Identify potential risks and obstacles affecting the contraceptive devices market.
•Competitive Landscape: Review strategic developments in the contraceptive devices market, including expansions, agreements, and new product launches.
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