Contraceptives Market Primed for Notable Growth, Estimated to Surpass USD 47.45 Billion by 2030

Data Bridge Market Research has recently released an extensive market intelligence study on the Contraceptives Market. This report employs a visually appealing format, incorporating tables, graphs, charts, and figures to deliver accurate and precise information. By adopting a comprehensive approach, the report strives to enhance readers’ understanding and awareness of the market.

The contraceptives market research report provides valuable and actionable market insights that prove to be important when it is to creating sustainable and profitable business strategies. The geographical scope of the products is also conducted carefully in the report for the chief global areas which helps characterize strategies for the product distribution in those areas. The report also helps in the measurement and optimization of each step in the lifecycle of the industrial process which mainly includes engagement, acquisition, retention, and monetization. Each of these factors is again researched intensely for an enhanced and actionable market insight.

Data Bridge Market Research analyses a growth rate in the contraceptives market in the forecast period 2023-2030. The expected CAGR of the contraceptive market tends to be around 6.51% in the mentioned forecast period. The market was valued at USD 28.65 billion in 2022, and it would grow up to USD 47.45 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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As per the World Health Organization, amongst 1.9 billion reproductive-age women of 15 – 49 years worldwide in 2019, about 1.1 billion women require family planning. Contraceptive services and programs are progressively recognizing the importance of human rights. The increased use of contraception has reduced the risk of sexually transmitted infections and improved health-related outcomes comprising maternal & infant mortality.

Numerous initiatives, such as Every Woman Every Child, Millennium Development Goals, the 2030 Sustainable Development Goals (SDGs), and Family Planning 2020 (FP2020), have been launched by governments and other healthcare organizations for family planning is promoting the use and manufacturing of contraceptives. For instance, Family Planning 2020 was the initiative launched in 2012 and ran up to 2020, that offered global partnerships to share knowledge and offer a right-based, person-centered approach to family planning. The initiative was later expanded to 2030 to ensure the accessibility of contraceptives and other family planning resources worldwide.

The report outlines the involvement of key players, including:

• Abbvie, Inc (U.S.)
• Afaxys, Inc. (U.S.)
• Merck & Co Inc. (U.S.)
• Teva Pharmaceuticals Industries Ltd. (Israel)
• Bayer AG (Germany)
• Pfizer Inc. (U.S.)
• Agile Therapeutics (U.S.)
• Cupid Ltd. (India)
• Helm AG (Germany)
• Church & Dwight Co., Inc (U.S.)
• Organon group of Companies (U.S.)
• Reckitt Benckiser Group PLC (U.K.)
• Veru Inc. (U.S.)

The Contraceptives market study offers the following key insights:

• Comprehensive Market Perspective
• Market Share and Revenue Analysis
• Market Competitiveness
• Patent and Trademark Examination
• Guide for New Market Entrants
• Strategic Forecast and Analysis

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Key Market Segmentation

Treatment

• Contraceptive Drugs
• Contraceptive Pills
• Patch
• Injectables
• Intra-Uterine Devices
• Copper
• Hormonal
• Pills
• Cervical Caps
• Condoms
• Male
• Female
• Diaphragms
• Injections

End User

• Hospitals
• Homecare
• Specialty Clinics
• Others

Distribution Channel

• Hospital Pharmacy
• Online Pharmacy
• Retail Pharmacy

The Contraceptives market report includes the following countries in different regions:

North America: United States, Canada, and Mexico.

Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.

Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.

South America: Brazil, Argentina, and other countries in South America.

These regions represent a comprehensive coverage of key markets, providing a global perspective on the market landscape.

North America has been witnessing a positive growth for global contraceptives market throughout the forecasted period due to rising demand of contraceptives among women who are at risk of unplanned pregnancy especially in the U.S. and Canada.

Asia-Pacific dominates the market due to increasing healthcare expenditure focusing women’s health as priority.

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