(PharmaNewsWire.Com, April 07, 2017 ) According to the report Global Contraceptives Market, published by Market Data Forecast, the global market projected to reach USD 29.60 billion by 2021, at a CGSR of 6.6% from 2016 to 2021.
Contraceptives market is predicted to rise rapidly due to increasing awareness in making right decisions about their reproductive and sexual health.
Contraception is a prevention of pregnancy by interfering with normal process of fertilization, ovulation and implantation through the use of drugs, surgical techniques, barriers, medical devices. They are the drugs which will also inhibit sexually transmitted diseases. These devices are available in different forms such as T-shaped, loop, coil, and triangle which are mostly made up of metal or plastic. Currently the trend witnessed in this market is the development of products such as sub-dermal contraceptive implants, vaginal rings, self-administrative contraceptive injections, non-surgical permanent contraception devices, etc.
The major drivers that influencing the market are increasing development of effective female contraceptive devices and drugs, implementation of the patient protection act as well as rising global prevalence of sexually transmitted infections (STI), technological advancements, increasing initiatives from government and NGO to promote contraceptives. Instead of critical family procedures adoption of new permanent contraceptive is the major factor in low-income countries. Constraints that are hindering the growth of the market are the raising prevalence of infertility, side effects associated with the use of contraceptive devices and drugs.
The products are segmented based on Drug type and Medical Devices and studied for a deep-level understanding of the Contraceptives Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on Drug type: Contraceptive pills Topical contraceptives Contraceptive injectable Others (contraceptive gels, jellies and creams) Based on Medical Devices: Male contraceptive devices Female contraceptive devices Female condoms Intrauterine devices Contraceptive sponges Contraceptive diaphragms Contraceptive patches Subdermal contraceptive implants Non-surgical permanent contraceptive devices
Basis of geography, the Contraceptives market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Geographical Segmentation: North America Contraceptives Market Europe Contraceptives Market Asia-pacific Contraceptives Market Latin America Contraceptives Market Middle East and Africa Contraceptives Market
The key players in Global Contraceptives Market are Bayer HealthCare AG, Medisafe Distribution Inc, Church & Dwight, Co., Inc., Teva Pharmaceutical Industries Limited, Actavis, Inc., Cooper Surgical, Inc., Merck & Co., Inc., Pace Pharmaceuticals Inc., Medicines360, Reckitt Benckiser plc, Mayer Laboratories, Inc., and Pfizer, Inc.
Technological advancements in intrauterine contraceptive devices are expected to create new opportunities for new players in the global intrauterine contraceptive device market in the years to come. Increasing number of mergers and acquisitions and rising number of product innovations are some of the recent trends shown in the global intrauterine contraceptive device market.
The Contraceptives Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of Drug type and Medical Devices along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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