Contraceptives Market Set to Grasp Outstanding Growth of USD 47.45 Billion by 2030

PRESS RELEASE
Published August 21, 2023

The Contraceptives report stands out for its ability to identify and cater to consumer needs and desires more effectively and efficiently than the competition. It employs easily comprehensible research methods and utilizes excellent tools and techniques, making it an exceptional market research document. This comprehensive study takes into consideration both the driving forces and obstacles within the market and examines how they impact demand over the forecast period. Clients benefit from a seamless blend of top-tier industry insights, practical solutions, talent resources, and cutting-edge technology when using the Contraceptives report to foster business growth.

This Contraceptives report not only provides a deep understanding of existing market conditions but also offers invaluable insights into future market trends, competitive landscapes, and strategies to surpass competitors. It serves as a systematic tool for problem analysis, model development, and fact-finding, all geared toward facilitating informed decision-making and effective marketing of goods and services. Through its rigorous data search and analysis, this Contraceptives market report focuses on information directly pertinent to marketing challenges. Its structure is meticulously crafted to align with the specific needs of clients, ensuring a thorough understanding and strict adherence to their requirements.

Data Bridge Market Research analyses a growth rate in the Contraceptives Market in the forecast period 2023-2030. The expected CAGR of contraceptives market is tend to be around 6.51% in the mentioned forecast period. The market was valued at USD 28.65 billion in 2022, and it would grow upto USD 47.45 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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As per the World Health Organization, amongst 1.9 billion reproductive-age women of 15 – 49 years worldwide in 2019, about 1.1 billion women require family planning. Contraceptive services and programs are progressively recognizing the importance of human rights. The increased use of contraception has reduced the risk of sexually transmitted infections and improved health-related outcomes comprising maternal & infant mortality.

Numerous initiatives, such as Every Woman Every Child, Millennium Development Goals, the 2030 Sustainable Development Goals (SDGs), and Family Planning 2020 (FP2020), have been launched by governments and other healthcare organizations for family planning is promoting the use and manufacturing of contraceptives. For instance, Family Planning 2020 was the initiative launched in 2012 and ran up to 2020, that offered global partnerships to share knowledge and offer a right-based, person-centered approach to family planning. The initiative was later expanded to 2030 to ensure the accessibility of contraceptives and other family planning resources worldwide.

The report outlines the involvement of key players, including:

  • Abbvie, Inc (U.S.)
  • Afaxys, Inc. (U.S.)
  • Merck & Co Inc. (U.S.)
  • Teva Pharmaceuticals Industries Ltd. (Israel)
  • Bayer AG (Germany)
  • Pfizer Inc. (U.S.)
  • Agile Therapeutics (U.S.)
  • Cupid Ltd. (India)
  • Helm AG (Germany)
  • Church & Dwight Co., Inc (U.S.)
  • Organon group of companies (U.S.)
  • Reckitt Benckiser Group PLC (U.K.)
  • Veru Inc. (U.S.)

The Contraceptives market study offers the following key insights:

  • Comprehensive Market Perspective
  • Market Share and Revenue Analysis
  • Market Competitiveness
  • Patent and Trademark Examination
  • Guide for New Market Entrants
  • Strategic Forecast and Analysis

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Key Market Segmentation

Treatment

  • Contraceptive Drugs
  • Contraceptive Pills
  • Patch
  • Injectables
  • Intra-Uterine Devices
  • Copper
  • Hormonal
  • Pills
  • Cervical Caps
  • Condoms
  • Male
  • Female
  • Diaphragms
  • Injections

End User

  • Hospitals
  • Homecare
  • Specialty Clinics
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy

The Contraceptives market report includes the following countries in different regions:

North America: United States, Canada, and Mexico.

Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.

Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.

South America: Brazil, Argentina, and other countries in South America.

These regions represent a comprehensive coverage of key markets, providing a global perspective on the market landscape.

North America has been witnessing a positive growth for global contraceptives market throughout the forecasted period due to rising demand of contraceptives among women who are at risk of unplanned pregnancy especially in the U.S. and Canada.

Asia-Pacific dominates the market due to increasing healthcare expenditure focusing women’s health as priority.

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