The Hormonal Contraceptives Market Forecast Until 2030 – Opportunities And Strategies
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The hormonal contraceptives market is expected to reach $19.22 billion in 2025 at a rate of 6.6%. The global hormonal contraceptives market size is then expected to grow at a CAGR of 3.7% from 2025 and reach $23.07 billion in 2030.
The hormonal contraceptives market consists of sale of hormonal contraceptives and related services by entities (organizations, sole traders, and partnerships) that produce hormonal contraceptives.
Read More On The Hormonal Contraceptives Market Report 2022 – https://www.thebusinessresearchcompany.com/report/hormonal-contraceptives-market
Hormonal Contraceptives Market Driver
The increasing awareness in women of the availability of family planning services and increased awareness regarding the need to prevent unintended pregnancies, especially among young couples, are expected to drive the hormonal contraceptives market in the forecast period.
Hormonal Contraceptives Market Trends
Companies in the hormonal contraceptives market are focusing on long-acting vaginal rings. A vaginal ring is a small soft, plastic ring that is placed inside the vagina; it releases a continuous dose of the estrogen and progestogen into the bloodstream to prevent pregnancy. The duration of use of these rings has increased, with researchers and companies developing vaginal birth control rings that can be used for a whole year.
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Opportunities And Recommendations For The Hormonal Contraceptives Market
Opportunities – The top opportunities in the hormonal contraceptives market segmented by product will arise in the pills segment. The top opportunities in segment by end-users will arise in the homecare settings segment. The top opportunities in segment by hormones will arise in the combined hormones segment. The top opportunities in segment by distribution channel will arise in the drugs stores segment. The hormonal contraceptives market size will gain the most in the USA.
Recommendations – The Business Research Company recommends the hormonal contraceptives market companies to focus on long-acting vaginal rings, invest in artificial intelligence, focus on new product launches, expand in developed markets, focus on securing long-term supply contracts with healthcare institutions, scale up through collaborations, provide competitively priced offerings in low-income countries to reach new users, provide insurance, leverage social media, increase visibility through a high-performance website, focus on reviews and focus on increasing awareness.
Major Players And Regions Of The Hormonal Contraceptives Market
Major players in the hormonal contraceptives market are Bayer AG, Merck & Co. Inc, Viatris, Gedeon Richter, AbbVie.
The Hormonal Contraceptives Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 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 report includes market size and forecast market shares for all the regions and countries with respect to the major players of the hormonal contraceptives market.
Hormonal Contraceptives Market Segmentation By The Business Research Company
1) By Product: Pills, Injectable Birth Control, Vaginal Rings, Others
2) By End-Users: Hospitals, Homecare Settings, Gynecology Centers, Clinics, Ambulatory Surgical Centers
3) By Hormones: Progestin-Only, Combines Hormones
4) By Distribution Channel: Drug Stores, Gynecology/ Fertility Clinics, E-Commerce, Other Distribution Channels
View More Reports Related To The Hormonal Contraceptives Market –
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