Rising government initiatives to promote awareness regarding unintended pregnancies and increasing population will create huge demand for contraceptives during the forecast period. Various programs aiming to meet the need for modern contraception and provide reproductive and sexual health services should involve a good participation of women, adolescents, and young people, at all stages of planning, implementation, and evaluation.
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An increasing number of women are postponing motherhood as they prioritize their careers. Moreover, balancing concerns of the cost for raising a child, ambiguity over job safety and unstable relationships are increasingly causing women to postpone pregnancy.
In 2017, globally 64% of in-union or married women of fertile age were using some mode of contraception. Nevertheless, contraceptive use was much lesser in the under developed countries and was particularly low in Africa where only 33% of women are projected to use the products so far.
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High unmet needs in developing nation will fuel the market size. Demand for contraceptives would rise owing to rising numbers of new HIV infections in many countries over the coming years.
Companies Profiled In This Report:
Pfizer, Teva Pharmaceutical Industries, Merck, Mayer Laboratories, Reckitt Benckiser, Cooper Surgical, Church & Dwight Actavis
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By Regions, this report covers North America, China, Europe, Southeast Asia, Japan, India
Contraceptive devices hold major market share owing to more effectiveness and long-term effect. The segment is rapidly adopted worldwide and will continue to grow during the forecast period.
Some of the commonly used devices are condoms, diaphragms, sponges, rings, sub-dermal implants and intrauterine devices (IUD). Condoms are most popular choice worldwide and hold largest market share.
Copper IUD is mainly preferred by the women who do not wish to use hormonal form to avoid possible side effects.
Contraceptive drugs will witness robust growth owing to rising prevalence of STDs and lack of family planning. Favourable regulatory scenario and awareness programs will strengthen segment growth.
Various forms of drugs include hormonal oral pills, topical and injectable contraceptives. Oral pills market held major revenue share of contraceptives market due to high consumption rate.
Daily consumption of these pills facilitates acne reduction, reduces cramping during periods, and minimizes the risk of developing cervical & endometrial cancers powering the overall market growth. However, irregular bleeding, increased risk of developing sexually transmitted infections (STIs), nausea, and migraine are some of the disadvantages related with oral pills eventually hampering segment growth.
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Increasing availability of improved drug prescription for individuals, offering safety towards infection and pregnancy, associated factors of pill like decreased risk for cancer will boost the product demand. Technologically advanced product like topical contraceptive, a patch applied to clean, dry skin that releases hormones through the skin will propel the business growth of contraceptives market.
Contraceptive implants like Implanon is effective for three years, and record no pregnancies among the first 70,000 cycles of Implanon users. Other devices like long-acting reversible contraceptives (LARC), intrauterine devices (IUDs) and hormonal implants offer lower infection and unintended pregnancy rate is anticipated to significantly improve control methods.
In the last sections of the report, the manufacturers responsible for increasing the sales in the market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors.
In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report. The recent developments that took place in the Global Contraceptives Market and their impact on the future growth of the market have also been presented through this study.
Table of Contents:
Global Contraceptives Market Research Report 2017
Chapter 1: Global Contraceptives Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Contraceptives Market Forecast
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