Middle East and Africa Contraceptives Market is estimated to reach $ 2.98 billion by the end of 2021
The Middle East and Africa Contraceptives Market was worth $ 2.15 billion in 2016 and estimated to reach $ 2.98 billion by the end of 2021 with a growing potential of 6.742 %. For the critical family procedures adoption of new permanent contraceptive is the major driver in low-income countries.
Increasing need for population control and growing incidence of STDs are two of the most impact rendering drivers of this industry. Moreover, implementation of activities targeted at controlling unwanted pregnancy associated healthcare spending, and growing level of awareness among the users should ensure positive market growth in the coming years.
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The factors influencing the growth of the Middle East and Africa market are growing development of effective female contraceptive devices and drugs, advancement in technologies, increasing number of initiatives from government and NGO to promote contraceptives. Side effects associated with the use of contraceptive devices and drugs, rising prevalence of infertility are the restraints that are hampering the growth of the market.
Based on drug type the market is segmented into Contraceptive pills, Topical contraceptives, and Contraceptive injectable, others (contraceptive gels, jellies and creams).
- By Drug type
- By Medical Devices
Based on medical devices the market is segmented into Male contraceptive devices (Condoms), Female contraceptive devices. Female contraceptive devices are further classified into female condoms, intrauterine devices (Hormonal IUD’s, Copper IUD’s), contraceptive sponges, contraceptive diaphragms, contraceptive patches, subdermal contraceptive implants and non-surgical permanent contraceptive devices.
Based on end users the market is segmented into Hospitals, Home care, Clinics and Ambulatory Surgical Centres.The Middle East and Africa contraceptive devices market is analyzed under various regions namely Middle East, Africa.
Key players in the Middle East and Africa contraceptives market are Bayer HealthCare AG, Teva Pharmaceutical Industries Limited, Medisafe Distribution Inc, Pace Pharmaceuticals Inc., Medicines360, Church & Dwight, Co., Inc., Actavis, Inc., CooperSurgical, Inc., Merck & Co., Inc., Reckitt Benckiser plc, Mayer Laboratories, Inc., and Pfizer, Inc.
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