The contraceptives market report from The Business Research Company covers growth-driving insights such as contraceptives market size, contraceptives market trends and drivers, contraceptives market segmentation, contraceptives market competitive landscape and more

The contraceptives market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!

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The Contraceptives Market Size In 2022 And Forecast

The global contraceptives market is expected to grow from $22.49 billion in 2021 to $24.07 billion in 2022 at a compound annual growth rate (CAGR) of 7.05%. The global contraceptive market size is expected to grow to $31.09 billion in 2026 at a compound annual growth rate (CAGR) of 6.60%

The contraceptive market consists of sales of contraceptives by entities (organizations, sole traders, and partnerships) that refer to a drug or a device used to prevent pregnancy.

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The Rising Frequency Of Sexually Transmitted Illnesses Or Diseases Is Driving The Growth Of The Contraceptives Market

For instance, in 2020, the World Health Organization (WHO) estimated the occurrence of 374 million new sexually transmitted infections across the globe. Therefore, the increase in sexually transmitted illnesses or diseases is expected to boost the demand for contraceptives during the forecast period.

Competitive Landscape And The Regional Analysis Of The Contraceptives Market

Major players in the contraceptives market are Merck & Co Inc, Cipla Inc, Church & Dwight Co Inc, Bayer AG, Reckitt Benckiser Group plc, Veru Inc, Sun Pharmaceutical Industries Ltd, Teva Pharmaceutical Industries Ltd, Mithra Pharmaceuticals, Pfizer, Inc., Allergan Plc, Mankind Pharma, Karex Berhad, Piramal Enterprises Ltd, and Thai Nippon Rubber Industry Co Ltd.

Additionally, as per TBRC’s research – North America was the largest region in the contraceptives market in 2021 holding the largest market share and is expected to be the fastest-growing region in the forecast period.

The Contraceptives Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the contraceptives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the contraceptives market.

Technological Advancement – A Key Trend In The Contraceptives Market

Digital contraceptives are the latest trend in the contraceptives market. Digital contraception is a way of tracking periods online to know which days are riskier for pregnancy.

Contraceptives Market Segmentation By The Business Research Company

1) By Product: Oral Contraceptive Pills, Topical Contraceptives, Injectables, Diaphragms, Vaginal Rings, Condoms, Contraceptive Sponges, Subdermal Implants, Intra-Uterine Devices

2) By Age Group: 15-24 Years, 25-34 Years, 35-44 Years, 44 Years

3) By Distribution Channel: Hospital Pharmacies, Independent Pharmacies, Online Pharmacies, Clinics, Others

Here Are Some Reports Related To The Contraceptives Market –

Fertility Drugs Global Market Report 2022

Genito-Urinary Drugs Global Market Report 2022

Oral Contraceptive Pills Global Market Report 2022

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