Pune, July 03, 2019 (GLOBE NEWSWIRE) -- Rising awareness regarding the benefits and importance of contraception is the key to growth in the global contraceptives market. Fortune Business Insights has published a report, titled Contraceptives Market Size, Share and Global Trend by Product Type (Contraceptive Drugs & Contraceptive Devices), Gender (Male & Female), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channel, Public Channel & NGO & Others) and Geography Forecast till 2025,” which provides insights into various factors enabling growth in the global market. As per the report, the contraceptives market was worth US$ 20111.6 Mn in 2017 and is anticipated to reach US$ 31666.9 Mn by 2025. In addition to this, the report has predicted that the global market for contraceptives will expand at a CAGR of 5.6% during the forecast period between 2017 and 2025.    

The demand for oral contraceptives is likely to grow considerably in the global contraceptive drug market. This is primarily on account of the rising use of oral birth control pills among women. In terms of revenue, condoms among other contraceptive products are likely to witness increasing demand. Also, intrauterine devices or IUDs may witness high demand facilitated by their increasing availability. IUDs are offered at a large number of hospitals to those wishing to prevent unwanted pregnancies.

Browse Complete Report Details with Table of Content and Figures: 
https://www.fortunebusinessinsights.com/industry-reports/contraceptives-market-100064

The global contraceptives market encompasses several regions, among which North America is expected to lead the market. Additionally, the contraceptives market in North America gains impetus from the rising awareness among consumers regarding the use of contraceptives. On the other hand, Asia Pacific is anticipated to offer lucrative growth opportunities primarily backed by government support especially in countries such as India and China. Active government support in Asia Pacific aimed at curbing the unprecedented rise of population will help the market grow in the coming years.

Technological Advancements in Contraceptive Drugs and Devices to Spur Growth 

“Advent of advanced technology in contraceptive devices drives the contraceptives market,” said a lead analyst at Fortune Business Insights. “Rising support from governments and initiatives by NGO are likely to encourage the use of contraceptives in the coming years,” he added. The rising prevalence of sexually transmitted diseases (STDs) is fueling demand for contraceptives such as contraceptive pills.

Some international and national bodies are launching campaigns to increase awareness on STIs. In addition  to this, regulatory authorities such as Medicines and Healthcare Regulatory Agency (MHRA) approved injectable contraceptives in the U.K. These approvals on contraceptives for women and men are expected to enable growth in the contraceptives market, especially in developed countries. Another factor boosting the contraceptives market is the rising adoption of novel contraceptive methods in developing nations. People across the world are increasingly paying attention to family planning. This, coupled with easy accessibility of contraceptives, is likely to drive the contraceptives market over the next few years.

Limited Awareness and High Cost May Hamper the Growth

Despite witnessing strong growth prospects, there are certain factors that may impede the market in the upcoming years. People in low-income countries are still not able to use contraceptive devices owing to their high cost. Also, a large number of population aren’t aware about the benefits of contraceptives. Nevertheless, companies are introducing programs to raise awareness among the populace. In addition to this, companies are providing free of cost contraceptive drugs to people with low-income scale.  Such initiatives are likely to expand the contraceptives market over the forecast years.

Sample PDF https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/contraceptives-market-100064


Entry of New Vendors to Bring Advanced Contraceptive Methods

The global contraceptives market is anticipated to offer substantial growth opportunities to new vendors especially in developing countries. These vendors can create robust awareness and initiatives regarding the use of contraceptives devices. This is further expected to increase the volume of contraceptives sales. Moreover, these new vendors are planning to introduce improved contraceptive devices to strengthen their product portfolio.  This will give significant impetus to the global contraceptives market


The report provides elaborative analysis of the market dynamics and competitive landscape. Various key insights provided in the report are fertility statistics for key countries, new product launch, pipeline analysis, recent industry developments such as partnerships, mergers & acquisitions, regulatory scenario for key countries, and technological advancements.


Key Companies Covered in The Report

  • Bayer AG
  • Pfizer Inc.
  • Janssen Global Services, LLC
  • Teva Pharmaceutical Industries Ltd.
  • Merck & Co., Inc.
  • Mylan N.V.
  • Allergan
  • Reckitt Benckiser Group plc
  • Veru Inc.
  • Church & Dwight Co., Inc.
  • Medisafe Distribution Inc.
  • Other players


Speak to Analyst  https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/contraceptives-market-100064


Table of Content:

  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities

  • Key Insights
    • Fertility Statistics - Key Countries, 2017
    • New Product Launch
    • Pipeline Analysis
    • Regulatory Scenario - Key Countries
    • Technological Advancements
    • Key Industry Developments - Partnerships, Mergers & Acquisitions

  • Global Contraceptives Market Analysis, Insights and Forecast, 2014-2025
    • Key Findings/ Summary

    • Market Analysis, Insights and Forecast – By Product Type
      • Contraceptive Drugs
        • Oral
        • Injectable
        • Patches
      • Contraceptive Devices
        • Male Contraceptive Devices
        • Female Contraceptive Devices

    • Market Analysis, Insights and Forecast – By Gender
      • Male
      • Female

    • Market Analysis, Insights and Forecast – By Distribution Channel
      • Hospital Pharmacy
      • Retail Pharmacy
      • Clinics
      • Online Channel
      • Public Channel & NGOs
      • Others

    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East & Africa

  • Competitive Analysis
  • Strategic Recommendations


Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/contraceptives-market-100064

 
Browse Related Reports:

  • Contraceptive Devices Market Size, Share and Global Trend by Product Type (Male & Female Contraceptive Devices, Technology (Hormonal & Barrier Contraceptives), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channels, Public Channel & NGO & Others) and Geography Forecast till 2025
  • Contraceptive Drugs Market Size, Share and Global Trend by Product Type (Oral, Injectable, Patches), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channel, Public Channel & NGOs) and Geography Forecast till 2025

  • Immunology Market Size, Share and Global Trend By Drug Class (Monoclonal antibody (mAb), Fusion Proteins, Immunosuppressants, Polyclonal antibody (pAb) ), By Disease Indication ( Rheumatoid Arthritis, Psoriatic Arthritis, Plaque Psoriasis, Ankylosing Spondylitis, Inflammatory Bowel Disease, Prophylaxis of Organ Rejection ), By Distribution Channel ( Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) & Geography Forecast till 2025

  • Pulse Oximeters Market Size, Share and Global Trend by Product Type (Fingertip Oximeters, Handheld Oximeters, Tabletop Oximeters) By End User (Hospitals, ASCs and Clinics, Home Healthcare) and Geography Forecast till 2025


About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact us:

Fortune Business Insights Pvt. Ltd. 
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1-424-253-0390
UK :+44-2071-939123
APAC :+91-744-740-1245
Email: sales@fortunebusinessinsights.com 
Website: https://www.fortunebusinessinsights.com

Attachment