(PharmaNewsWire.Com, May 11, 2017 ) Asia-Pacific Contraceptives research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 7.2% to reach USD 6.63 billion by 2021, from USD 4.73 billion in 2016, which amounts to a cumulative growth of USD 1.9 billion.
Contraceptive is a type of birth control which prevents pregnancy with interference of ovulation, fertilization and implantation processes. To control birth various measures can be taken among which the easiest and simplest measure is contraceptives.
A womans body performs several processes every month which can potentially lead to pregnancy. Hormonal method is a kind of contraceptive which uses medicines such as birth control pills to prevent ovulation. Barrier method is another kind of Contraceptives Market such as condoms and cervical cap which prevents the sperm by getting to and fertilizing. Spermicides are another kind of contraceptive medications which is in the form of jelly, foam to kill sperms on contact. Internationally, most of the industrialized nations are spending a huge part of their GDP on birth control measures in order to control population.
The report also presents detailed analysis of multitude of factors affecting the diagnostic imaging market bearing either positive or negative outcomes. Some of those factors are Avoidance of unwanted pregnancies and its consequences, Increasing prevalence of sexually transmitted diseases, Rising population, Promoting birth control measures, Side effects on use of contraceptives such as infertility, Non-availability of contraceptives at backward areas.
For granular level understanding the Contraceptives Market is segmented based on drug type and medical devices, each being provided with Market Size Estimations and Y-o-Y Forecasts. Based on Drug Type the market is segmented as Contraceptive pills, Topical contraceptives, and Contraceptive injectable, others (contraceptive gels, jellies and creams). Based on Medical Devices it is further segmented into Male contraceptive devices (Condoms), Female contraceptive devices (female condoms, intrauterine devices (Hormonal IUDs, Copper IUDs), contraceptive sponges, contraceptive diaphragms, contraceptive patches, subdermal contraceptive implants and non-surgical permanent contraceptive devices).
With India and China being the major economies which have unexplored customer base covered in the study the report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific. South Korea is estimated to hold the largest share in Asia-pacific contraceptives market. Some of the key players that operate in the Asia-Pacific Contraceptives market include Pfizer, Bayer Healthcare, Mylan Laboratories, The Female Health Company and Merck & Co. The prevalence of contraceptives in this market is 67%.
The Asia- Pacific Contraceptives market report offers wide-range of scope:
Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries Know more about key areas of industry growth via detailed Segment-level analysis on basis of drug type, medical devices, along with market size forecasts and y-o-y estimations Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview 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 Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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