Contraceptive Pills Market | 2021 Size, Growth, Share, Cap, Regional Analysis With Global Industry Forecast To 2027. The global contraceptive pills market size is projected to reach USD 20.55 billion by 2026, exhibiting a CAGR of 5.8% during the forecast period. High degree of unfulfilled contraceptive needs in rural areas in emerging economies is expected to be one of the key drivers for the growth of this market. Data gathered under the Demographic and Health Surveys (DHS) conducted between 2005 and 2014 in 52 developing countries revealed that around 8% to 38% of married rural women, aged between 15 and 49 years, faced unmet contraceptive needs. The main reason for this gap is the lack of accessibility and local availability of birth-control pills in these areas. To counter this, governments in many developing and underdeveloped countries are taking efforts to make these modern day medications more accessible and affordable to the rural populace. This will effectively accelerate the oral contraceptives market growth during the forecast period.
Contraceptive Pills Market Analysis 2021:
Increasing Popularity of Advanced Contraceptives to Propel the Market in North America
North America is slated to dominate the contraceptive pills market share, since the region generated USD 4.09 billion in revenue in 2018. The primary reason for this is the rising uptake of short-acting reversible contraceptives in the U.S. and patient-friendly reimbursement policies for oral birth-control pills. Europe will emerge as the second leading region in this market, led by France which has the highest birth rate in the region. Better reimbursement policies will also bode well for the market in Europe. Asia-Pacific will record the fastest growth owing to rising number of awareness drives conducted by the government and NGOs. In Latin America, the Middle East, and Africa, increasing presence of big pharmaceutical companies and growing literacy rates will drive the market in these regions.
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Leading Players operating in the Contraceptive Pills Market are:
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:
- Janssen Pharmaceutical Company
- Piramal Enterprises
- Allergan, plc
- Mylan N.V.
- Pfizer, Inc.
- Bayer AG
- Teva Pharmaceutical Industries
- HLL Lifecare Limited
- Merck & Co., Inc.
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.
The recent coronavirus outbreak has brought major businesses to a standstill. Due to travel bans, companies in this sector are likely to take a huge hit in the coming years. Ultimately, the rapid spread of the disease has urged governments to take strict measures. The report includes the impact on Covid-19 pandemic on the global Contraceptive Pills market and discusses how major companies are coping with this.
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Expeditious Need to Curb Population Growth to Feed Market Development
According to the United Nations’ Department of Economic and Social Affairs, by 2030, world population will reach 8.6 billion and by 2050, it will be 9.8 billion. The prevalent anxiety is that such explosion of numbers will create wide socio-economic imbalances, especially in poor countries. Proactive measures are being taken by governments across the globe about family planning and use of the contraceptives to avoid unnecessary pregnancies. This desperate need to control population growth is expected to be one of the leading contraceptive pills market trends in the immediate future. Furthermore, increasing prevalence of teenage pregnancies, particularly in the U.S. has also emerged as a central factor driving the growth of this market.
Regional Analysis:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
This report focuses on Automotive Active Health Monitoring System Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Detailed Table of Content:
Table of Content:
1 Contraceptive Pills Market Overview
1.1 Contraceptive Pills Product Overview
1.2 Contraceptive Pills Market Segment by Type
1.3 Global Contraceptive Pills Market Size by Type (2015-2027)
1.3.1 Global Contraceptive Pills Market Size Overview by Type (2015-2027)
1.3.2 Global Contraceptive Pills Historic Market Size Review by Type (2015-2021)
1.3.2.1 Global Contraceptive Pills Sales Market Share Breakdown by Type (2015-2027)
1.3.2.2 Global Contraceptive Pills Market Share Breakdown by Type (2015-2027)
1.3.2.3 Global Contraceptive Pills Average Selling Price (ASP) by Type (2015-2027)
1.3.3 Global Contraceptive Pills Market Size Forecast by Type (2021-2027)
1.3.3.1 Global Contraceptive Pills Sales Market Share Breakdown by Application (2021-2027)
1.3.3.2 Global Contraceptive Pills Revenue Market Share Breakdown by Application (2021-2027)
1.3.3.3 Global Contraceptive Pills 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 Pills Sales Breakdown by Type (2015-2027)
1.4.2 Europe Contraceptive Pills Sales Breakdown by Type (2015-2027)
1.4.3 Asia-Pacific Contraceptive Pills Sales Breakdown by Type (2015-2027)
1.4.4 Latin America Contraceptive Pills Sales Breakdown by Type (2015-2027)
1.4.5 Middle East and Africa Contraceptive Pills Sales Breakdown by Type (2015-2027)
2 Global Contraceptive Pills Market Competition by Company
2.1 Global Top Players by Contraceptive Pills Sales (2015-2021)
2.2 Global Top Players by Contraceptive Pills Revenue (2015-2021)
2.3 Global Top Players Contraceptive Pills Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company Contraceptive Pills Manufacturing Base Distribution, Sales Area, Product Type
2.5 Contraceptive Pills Market Competitive Situation and Trends
2.5.1 Contraceptive Pills Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by Contraceptive Pills 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 Pills as of 2019)
2.7 Date of Key Company Enter into Contraceptive Pills Market
2.8 Key Company Contraceptive Pills Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Contraceptive Pills Status and Outlook by Region (2015-2027)
3.1 Global Contraceptive Pills Market Size and CAGR by Region: 2015 VS 2021 VS 2027
3.2 Global Contraceptive Pills Market Size Market Share by Region (2015-2021)
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Key questions answered in the report:
- What will the market growth rate of Contraceptive Pills market in 2027?
- What are the key factors driving the global Contraceptive Pills market?
- Who are the key manufacturers in Contraceptive Pills market space?
- What are the market opportunities, market risk and market overview of the Contraceptive Pills market?
- What are sales, revenue, and price analysis of top manufacturers of Contraceptive Pills market?
- Who are the distributors, traders and dealers of Contraceptive Pills market?
- What are the Contraceptive Pills market opportunities and threats faced by the vendors in the global Contraceptive Pills industry?
- What are sales, revenue, and price analysis by types and applications of Contraceptive Pills market?
- What are sales, revenue, and price analysis by regions of Contraceptive Pills industry?
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