The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s oral contraceptive pills market report forecasts the oral contraceptive pills market size to grow to $36.09 Billion by 2027, with a CAGR (compound annual growth rate) of more than 13%.

Learn More On The Oral Contraceptive Pills Market Report 2023 – https://www.thebusinessresearchcompany.com/report/oral-contraceptive-pills-global-market-report

Oral Contraceptive Pills Market Size Forecast
The global oral contraceptive pills market is expected to grow from $20.13 billion in 2022 to $21.61 billion in 2023 at a compound annual growth rate (CAGR) of 7.35%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oral contraceptive pills market size is expected to grow to $36.09 billion in 2027 at a CAGR of 13.68%.

North America held the largest oral contraceptive pills market share, and Middle East was the fastest-growing region in 2022.

Key Oral Contraceptive Pills Market Driver ­– increase in the incidence of unintended pregnancies
According to the World Health Organization (WHO), 74 million women living in low-middle-income economies register unplanned pregnancies every year globally. The WHO’s research noticed that 4,794 women had unplanned pregnancies after they had discontinued using contraceptives. Therefore, the need to avoid unintended pregnancies drives the growth of the oral contraceptive pills market.

Request for A Sample Of The Global Oral Contraceptive Pills Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3900&type=smp

Key Oral Contraceptive Pills Market Trend – Developing Innovative Solutions
Major institutes and companies operating in the oral contraceptive pill sector are focusing on developing innovative solutions for oral contraceptive pills. For instance, in July 2022, HRA Pharma, a France based innovative healthcare company, developed an over the-counter birth control pill called “Opill.” HRA Pharma has submitted an application to the Food and Drug Administration in the United States. Opil is a progestin-based contraceptive that helps people access contraception without facing any difficulty.

Oral Contraceptive Pills Market Segment
1) By Type: Combination, Progestin Only, Other Types
2) By Category: Generic, Branded
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channel, Public Channel And NGO, Other Distribution Channels

Oral Contraceptive Pills Market Major Players and Strategies
Major players in the oral contraceptive pills market are Teva Pharmaceutical Industries Ltd., Bayer AG, Syzygy Healthcare, Mankind Pharma Ltd., Pfizer Inc., Piramal Enterprises Ltd., Ferring B.V, Merck & Co. Inc., Johnson & Johnson, and Lupin Pharmaceuticals Inc.

In January 2020, Theramex, a speciality pharmaceutical company for women announced the acquisition of rights to Zoely®, a patented oral contraceptive from Merck &Co for an undisclosed amount. This acquisition aids Theramex in global expansion and adding innovative treatment options for women to its portfolio. Merck & Co. is a US-based multinational pharmaceutical company that has oral contraceptives in its product portfolio.

The Oral Contraceptive Pills Global Market Report 2023 covers regional data on oral contraceptive pills market size, oral contraceptive pills market trends and drivers, opportunities, strategies, and oral contraceptive pills market competitor analysis. The countries covered in the oral contraceptive pills market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Oral contraceptive pills refer to a contraceptive tablet that contains hormones that prevent the release of eggs from the ovaries. Oral contraceptives typically contain progestin and oestrogen. Also known as the “birth control pill,” it comprises hormones that prevent the emergence of eggs from the ovaries. Most oral contraceptives involve estrogen and progestin.

View More Reports Related To The Oral Contraceptive Pills Market –
Oral Biologics And Biosimilars Global Market Report 2023
Hormonal Contraceptives Global Market Report 2023
Oral Thin Films Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: