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Global Contraceptive Devices Market size is forecast to grow at over +7.5% CAGR from 2017 to 2024

09-13-2017 02:38 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

"Global Contraceptive Devices Market" - Industry Trends and Forecast to 2024

"Global Contraceptive Devices Market" - Industry Trends and Forecast to 2024

Global Contraceptive Devices Market accounted to USD 12.2 billion in 2016 growing at a CAGR of 7.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Definition: Global Compression Therapy Market

Compression therapy is defined as wearing garments that are specially designed to support veins and increase blood circulation. This therapy is used to prevent venous disease or chronic venous disorders (CVD) such as swelling, heaviness, cramps, dermatitis, ulcer, and others. These devices are used in hospitals, clinics, research laboratories.

Major market drivers and restraints: Global Compression Therapy Market
• Rapidly aging population
• Increasing healthcare expenditure
• Easy incorporation and durability of products
• Increasing affordability and availability

The market is segmented on the basis of technology, end-user, and geography.

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On the basis of product the market for global contraceptive devices market is segmented into Male contraceptive devices, Female contraceptive devices, Contraceptive Sponges, Contraceptive Diaphragms, Contraceptive Patches, Sub-dermal Contraceptive Implants, Non-Surgical Permanent Contraceptive Devices, and Contraceptive Vaginal Rings. The female contraceptive devices are further segmented into Female Condoms and Intrauterine Devices.

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Based on end-user the global contraceptive devices market is segmented into Hospitals, Ambulatory Surgical Centers, Clinics, and Homecare.

On the basis of geography, global contraceptive devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Some of the major players operating in this market are
• Bayer HealthCare AG
• Medisafe Distribution Inc
• Teva Pharmaceutical Industries Limited
• Medicines360
• Pace Pharmaceuticals Inc.
• Actavis, Inc.
• Church & Dwight, Co., Inc.
• Cooper Surgical, Inc.
• Mayer Laboratories, Inc.
• Merck & Co., Inc.
• Reckitt Benckiser plc
• Pfizer, Inc

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Related Report

Global Compression Garments and Stockings Market- Industry Trends and Forecast to 2024

Global Compression Garments and Stockings Market By Product Type (Compression Garments, Compression Stockings) By Application (Varicose Veins, Wound Care, Burn Cases, Oncology, Other Indications) By Distribution Channel (Hospitals, Ambulatory Surgical Centers, Clinics, Online Sales, Other Healthcare Facilities) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

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Data Bridge Market Research
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