Global Contraceptives Market to Reach US$19.6 bn by 2020, Propelled by Increasing Need to Prevent Sexually Transmitted Diseases

Transparency Market Research has published a new report on the global contraceptives market. As per the report, the global contraceptives market is predicted to progress from US$15.7 bn in 2013 to US$19.6 bn by 2020. The report, titled ‘Contraceptives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020’, states that the global contraceptives market is expected to expand at a 3.10% CAGR during the period from 2014 to 2020.

Browse the full Contraceptives Market (Oral Contraceptive Pills, Contraceptive Injectables, Topical Contraceptives, Male Condoms, Female Condoms, Intrauterine Devices, Sub-Dermal Contraceptive Implants, Contraceptive Vaginal Rings, Contraceptive Diaphragms, Contraceptive Sponges, Non-Surgical Permanent Contraception Devices) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/contraceptives-market.html

Contraceptives are devices and drugs that help in preventing pregnancy and avoid sexually transmitted infections. Growing awareness about using contraceptives to prevent sexually transmitted infections has led to the growth of the global contraceptives market in the recent past. Various awareness initiatives taken by the key players is another important factor expected to propel the global contraceptives market in the coming few years. Bayer HealthCare, a leading player in the global contraceptives market, along with 11 NGOs, organizes the World Contraception Day on September 26 every year to spread awareness about the benefits of using contraceptives. The leading players in the global contraceptives market enable the youth to make the right decision about personal reproductive health.

Actavis, Inc., Church & Dwight, Co., Inc., Mayer Laboratories, Inc., Reckitt Benckiser plc, Teva Pharmaceutical Industries Ltd., The Female Health Company, Bayer AG, CooperSurgical, Inc., Merck & Co., Inc., and Pfizer, Inc. are some of the leading companies in the global contraceptives market. Leading companies are looking forward to merge with the new entrants in order to maintain their dominant positions in the years to come.

The global contraceptives market is segmented on the basis of geography and product type. Based on product type, the global contraceptives market is classified into drugs and devices. The drugs segment is sub-segmented into oral contraceptive pills, contraceptive injectable, and topical contraceptives. The devices segment is sub-segmented into male and female contraceptives. In 2013, the contraceptive pills segment dominated the global contraceptives market in terms of revenue. In 2013, the intrauterine devices sub-segment dominated the female contraceptives segment because of high usage rate in China and Europe. However, the share of the intrauterine devices sub-segment is expected to reduce in the years to come due to the introduction of other devices such as female condom FC2, non-surgical permanent contraception devices, and contraceptive implants such as Sino-implant.

By geography, the global contraceptives market is divided into Asia Pacific, Europe, North America, and Rest of the World. In 2013, the global contraceptives market was led by North America due to the rising incidence of unintended pregnancies, increased use of oral contraceptive pills and emergency contraceptive pills, and availability of reimbursement policies. Asia Pacific is predicted to be the most favorable market for contraceptives in the years to come due to strong economic growth of several countries in the region. Increased incidence of unintended pregnancies and sexually transmitted diseases is predicted to propel the global contraceptives market during the forecast period.

Key Segments of Global Contraceptives Market

Global Contraceptives Market, by Product Types

Drugs
Oral Contraceptive Pills
Contraceptive Injectable
Topical Contraceptives
Devices
Male Contraceptive Devices (Male Condoms)
Female Contraceptive Devices
Female Condoms
Sub-dermal Contraceptive Implants
Intrauterine Devices
Contraceptive Vaginal Rings
Contraceptive Diaphragm
Contraceptive Sponges
Non-Surgical Permanent Contraception Device
Global Contraceptives Market, by Geography

North America
Europe
Asia Pacific
Rest of the World (RoW)

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