A prominent research firm, Cognizance Market Research added a cutting-edge industry report on the “Global Contraceptives Market”. The report studies the current as well as past growth trends and opportunities for the market to gain valuable insights during the forecast period from 2020 to 2028.
Global Contraceptives Market Analysis
According to Cognizance Market Research the contraceptives market was valued at USD 22.07 Billion in 2019 and is projected to reach USD 36.29 Billion by 2028, growing at a CAGR of 5.7% from 2020 to 2028.
What are contraceptives?
Contraception is used to prevent unplanned pregnancy. It is also known as birth control. There are many different methods of birth control such as hormonal contraception, non-hormonal contraception, emergency contraception, and others. Barrier techniques are a type of contraception that helps protect against both sexually transmitted infections (STIs) and pregnancy, such as condoms. Some of the major benefits include reducing the risk of some reproductive system cancers, allowing for spontaneous sex, easily reversible, shorter lengths of menstrual periods, and lighter flow with less cramping, and others.
Global contraceptives Market Outlook
In the contraceptives report, the market outlook segment mainly includes important dynamics of the market which include drivers, restraints, opportunities, and challenges tackled by the industry. Opportunities and challenges are extrinsic factors whereas, Drivers and restraints are intrinsic factors of the market,
Rising government efforts to raise awareness of unwanted pregnancy and a growing population over the projected timeframe will produce a huge market for contraception. Healthy representation of mothers, youth, and young people at all levels of preparation, delivery, and assessment should be included in different interventions aimed at addressing the demand for modern contraceptives and delivering reproductive and sexual health services. There is a strong demand in the United States for contraception. For example, the number of women in the world using long-acting reversible contraception (such as IUDs and hormonal implants) has risen from 9 percent in 2009 to around 12 percent in 2012, according to The Guttmacher Institute (United States). It would, however, push the market. In the future, rising demand from emerging markets such as India and China will impact market growth.
The report offers the revenue of the global contraceptives market for the period 2018–2028, considering 2018 as a historical year, 2019 as the base year, and 2020 to 2028 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global contraceptives market for the forecast period. The contraceptives market report provides insights and in-depth analysis into developments impacting enterprises and businesses on a regional and global level. The report covers the global contraceptives market performance in terms of revenue contribution from several segments and comprises a detailed analysis of key drivers, trends, restraints, and opportunities prompting revenue growth of the global contraceptives market.
The report has been prepared after wide-ranging secondary and primary research. Secondary research included internet sources, numerical data from government organizations, trade associations, and websites. Analysts have also employed an amalgamation of bottom-up and top-down approaches to study numerous phenomena in the global contraceptives market. Secondary research involved a detailed analysis of significant players’ product portfolios. Literature review, press releases, annual reports, white papers, and relevant documents have been also studied to understand the global contraceptives market. Primary research involved a great extent of research efforts, wherein experts carried out interviews telephonic as well as questioner-based with industry experts and opinion-makers.
The report includes an executive summary, along with a growth pattern of different segmented included in the scope of the study. The Y-o-Y analysis with elaborate market insights has been provided in the report to comprehend the Y-o-Y trends in the global contraceptives market. Additionally, the report focuses on altering competitive dynamics in the global market. These indices serve as valued tools for present market players as well as for companies interested in participating in the global contraceptives market. The subsequent section of the global contraceptives reports highlights the USPs, which include key industry events (product launch, research partnership, acquisition, etc.), technology advancements, pipeline analysis, prevalence data, and regulatory scenario.
Global Contraceptives Market Competitive Landscape
The “Global Contraceptives Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Allergan Plc, Bayer Corporation, Cooper Surgical, Inc., Church & Dwight Co., Inc., Mayer Laboratories, Inc., Merck & Co. Inc., Pfizer, Reckitt Benckiser Group Plc, Teva Pharmaceuticals Industries Ltd., The Female Health Company/Veru Inc. and others.
The report explores the competitive scenario of the global Contraceptives market. Major players operating in the global Contraceptives market have been identified and profiled for unique commercial attributes. Company overview (company description, product portfolio, geographic presence, employee strength, Key management, etc.), financials, SWOT analysis, recent developments, and key strategies are some of the features of companies profiled in the global CONTRACEPTIVES market report.
Key Questions Answered in Contraceptives Market Report
- What are the major players operating in the global Contraceptives market?
- What are trends, drivers, opportunities, and challenges in the global Contraceptives market?
- Which is the leading country in the global Contraceptives market?
- What are the revenue share forecasts of key sections of the global Contraceptives during the estimated timeframe?
- Which segment is expected to lead the global Contraceptives market in terms of revenue by 2028?
- How partnerships & alliances among companies operating in the market are broadening the scope of the global Contraceptives market?
- Who are the top 7 leaders of the global Contraceptives market?
- Which unmet needs will remain unaddressed over the projected period?
The Global Contraceptives Market has been segmented as below:
Global Contraceptives Market, By Drug
- Oral Contraceptive Pills
Global Contraceptives Market, By Device
- Male Condoms
- Female Condoms
- Hormonal IUD
- Vaginal Rings
- Subdermal Implants
Global Contraceptives Market, By End User
Global Contraceptives Market, by Region
- North America
- Rest of Europe
- Asia Pacific
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa