Contraceptive Drugs Market | 2021 Size, Growth, Share, Regional Analysis With Global Industry Forecast To 2027, The rising prevalence of unwanted pregnancies is boosting the global “contraceptive drugs market”. In a report, titled “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” Fortune Business Insights identifies various factors enabling growth in the market. According to the report, the global contraceptive drugs market is anticipated to rise at 5.8% CAGR and reach a value of US$ 20,200.5 Mn by 2025 from US$ 13,097.7 Mn in 2017. Remarkably improving access to contraceptive pills around the world is a key factor propelling growth in this market.
Key Players Operating in The Contraceptive Drugs Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Agile Therapeutics
- Teva Contraceptive Drugs Industry
- Bayer AG
- Lupin Contraceptive Drugs Ltd
- Janssen Pharmaceutical Company
- Novartis AG.
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Rising Abortion Rates to Create Demand for Contraceptive Drugs
Under the Affordable Care Act (ACA) in the U.S., oral contraceptive pills are given free of cost to women in the U.S. Such regulations favor the growth of the contraceptive drugs market. Increasing government initiatives to reduce infant mortality due to early pregnancies will increase the demand for oral contraceptives. Contraceptive drugs not only help to control unwanted pregnancies but also reduce the number of abortion and complications associated with the procedure worldwide. As per the World Health Organization, there is an estimated 40 to 50 million abortions every year, corresponding to an approximate of 125,000 abortions per day. To avoid unwanted and unplanned pregnancies, an increasing number of women are opting for contraceptive drugs. This will in turn augment growth in the global market.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers & acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
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Government Initiatives to Promote Use of Contraceptive Medicines
Geographically, North America held dominance in the global contraceptive drugs market owing to the presence of leading players in the region. This, accompanied with easy availability of contraceptive drugs, has catapulted North America to the fore of the global market. However, Asia Pacific is most likely to emerge as the fastest growing region. This is owing to government initiatives adopted across emerging nations of this region. These initiatives are intended at promoting the use of contraceptive medicines as a convenient way of preventing unwanted pregnancy.
Detailed Table of Content:
1 Contraceptive Drugs Market Overview
1.1 Contraceptive Drugs Product Overview
1.2 Contraceptive Drugs Market Segment by Type
1.3 Global Contraceptive Drugs Market Size by Type (2015-2027)
1.3.1 Global Contraceptive Drugs Market Size Overview by Type (2015-2027)
1.3.2 Global Contraceptive Drugs Historic Market Size Review by Type (2015-2021)
18.104.22.168 Global Contraceptive Drugs Sales Market Share Breakdown by Type (2015-2027)
22.214.171.124 Global Contraceptive Drugs Market Share Breakdown by Type (2015-2027)
126.96.36.199 Global Contraceptive Drugs Average Selling Price (ASP) by Type (2015-2027)
1.3.3 Global Contraceptive Drugs Market Size Forecast by Type (2021-2027)
188.8.131.52 Global Contraceptive Drugs Sales Market Share Breakdown by Application (2021-2027)
184.108.40.206 Global Contraceptive Drugs Revenue Market Share Breakdown by Application (2021-2027)
220.127.116.11 Global Contraceptive Drugs Average Selling Price (ASP) by Application (2021-2027)
1.4 Key Regions Market Size Segment by Type (2015-2021)
1.4.1 North America Contraceptive Drugs Sales Breakdown by Type (2015-2027)
1.4.2 Europe Contraceptive Drugs Sales Breakdown by Type (2015-2027)
1.4.3 Asia-Pacific Contraceptive Drugs Sales Breakdown by Type (2015-2027)
1.4.4 Latin America Contraceptive Drugs Sales Breakdown by Type (2015-2027)
1.4.5 Middle East and Africa Contraceptive Drugs Sales Breakdown by Type (2015-2027)
2 Global Contraceptive Drugs Market Competition by Company
2.1 Global Top Players by Contraceptive Drugs Sales (2015-2021)
2.2 Global Top Players by Contraceptive Drugs Revenue (2015-2021)
2.3 Global Top Players Contraceptive Drugs Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company Contraceptive Drugs Manufacturing Base Distribution, Sales Area, Product Type
2.5 Contraceptive Drugs Market Competitive Situation and Trends
2.5.1 Contraceptive Drugs Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by Contraceptive Drugs Sales and Revenue in 2019
2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Contraceptive Drugs as of 2019)
2.7 Date of Key Company Enter into Contraceptive Drugs Market
2.8 Key Company Contraceptive Drugs Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Contraceptive Drugs Status and Outlook by Region (2015-2027)
3.1 Global Contraceptive Drugs Market Size and CAGR by Region: 2015 VS 2021 VS 2027
3.2 Global Contraceptive Drugs Market Size Market Share by Region (2015-2021)
3.2.1 Global Contraceptive Drugs Sales Market Share by Region (2015-2021)
3.2.2 Global Contraceptive Drugs Revenue Market Share by Region (2015-2021)
3.2.3 Global Contraceptive Drugs Sales, Revenue, Price and Gross Margin (2015-2021)
3.3 Global Contraceptive Drugs Market Size Market Share by Region (2021-2027)
3.3.1 Global Contraceptive Drugs Sales Market Share by Region (2021-2027)
3.3.2 Global Contraceptive Drugs Revenue Market Share by Region (2021-2027)
3.3.3 Global Contraceptive Drugs Sales, Revenue, Price and Gross Margin (2021-2027)
3.4 North America Contraceptive Drugs Market Size By Growth (2015-2027)
3.4.1 North America Contraceptive Drugs Revenue By Growth (2015-2027)
3.4.2 North America Contraceptive Drugs Sales By Growth (2015-2027)
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Reasons to Purchase this Report:
- Comprehensive analysis of the Contraceptive Drugs Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Contraceptive Drugs Market growth?
- What are the key technological and market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
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