Global Contraceptives Market is estimated to reach $ 29.60 billion by the end of 2021

19/giu/2017 12:20:52 Market Data Forecast Contatta l'autore

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The Global Contraceptives Market was worth $ 21.5 billion in 2016 and estimated to reach $ 29.60 billion by the end of 2021 with agrowingpotential of 6.6%. Contraceptives market is predicted to grow rapidly to two Increasing awareness in making right decisions about Their sexual and reproductive health.

 

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Contraception is a prevention of pregnancy by interfering with normal process of fertilization, ovulationand implantation through the use of drugs, barriers, medical devices, surgical techniques. They are the drugs Which Will Also inhibit sexually transmitted diseases. These devices are available in different forms such as loop, coil,T-shaped Which triangle and are mostly made up of plastic or metal. Currently I witnessed the trend in this market is the development of products such as vaginal rings, self-administrative contraceptive injections, sub-dermal contraceptive implants, non-surgical permanent contraception devices, etc.

 

The major drivers That influencingIncreasing development of the market are effective female contraceptive devices and drugs, technological advancements, Increasing from government and NGO Initiatives to Promote contraceptives, implementation of the patient protection act as well as rising global prevalence of sexually transmitted infections (STI). Instead of critical familyproceduresadoption of new permanent contraceptive is the major driver in low-income countries. Restraints That are hampering the growth of the market are the side effects associated with the use of contraceptive devices and drugs, rising prevalence of infertility.

 

Based on the drug type market is segmented into Contraceptive pills, Topical contraceptives, Contraceptive injectable, others (contraceptive gels, jellies and creams).

 

Based on the medical devices market is segmented into Male contraceptive devices (Condoms), Female contraceptive devices. Further Female contraceptive devices are classified into female condoms, intrauterine devices (IUD's Hormonal, Copper IUD's), contraceptive sponges, contraceptive Diaphragms, subdermal contraceptive implants, contraceptive patches and non-surgical permanent contraceptive devices.

 

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Based on end users the market is segmented into Hospitals, Home Care, Clinics and Ambulatory Surgical Centers and on the basis of geography, the market is Contraceptives Analyzed Under various regions namely North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

 

Some of the key players That are dominating the global contraceptives market are Bayer HealthCare AG, Teva Pharmaceutical Industries Limited, Medisafe Distribution Inc, Pace Pharmaceuticals Inc., Medicines360, Church & Dwight, Co., Inc., Actavis, Inc., Cooper Surgical , Inc., Merck & Co., Inc., Reckitt Benckiser plc, Mayer Laboratories, Inc., and Pfizer, Inc.

 

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