Contraceptives Market Growth Analysis & Forecast To 2025
Category: #healthcare  By Ronak Bora  Date: 2021-03-15
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Contraceptives Market Growth Analysis & Forecast To 2025

U.S. contraceptives market is poised to depict a 5.3% growth rate through 2025, owing to the increasing number of women, over 60 million in total, who are of the childbearing age in the region. Additionally, 70% of these women have high chances of developing unintended pregnancies. Strong awareness regarding the contraception benefits for pregnancy prevention will create an ideal growth condition for the regional market in years ahead.

Global contraceptives market size is slated to proliferate at a rapid pace in the coming years, driven by the increasing rates of unintended pregnancies across the globe. As per reliable statistics, above 50% of the pregnancies in the U.S. were unintended. Additionally, over 90% of the sexually active women adopt some form of contraceptive methods, while the remaining 10% do not use any birth control methods.

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In terms of segmentation by product, the devices segment is set to exhibit a growth rate of 7.8% through 2025. Contraceptive devices are witnessing immense popularity, owing to their high effectiveness with over 99% success rate, low costs, easy availability, ease of use, and less side effects, which will become significant drivers expanding the global contraceptives market outlook over the projected timeframe.

A wide range of contraceptive devices are available in the market for both women and men to prevent pregnancy, including male and female condoms, contraceptive sponge, and diaphragms. These barrier devices, which are often combined with spermicide, help prevent the sperm from meeting the egg.

Based on age, the global contraceptives market from the 20-29 segment registered remuneration of nearly $8,505.6 million in 2018. According to reliable statistics, 50% of conceptions in the U.S. were unplanned, out of which, 40% ended up in abortion.

The competitive landscape of the contraceptives market comprises of companies such as Mayer Laboratories, Merck & Co., Teva Pharmaceutical Industries, and Pfizer, among others. These key industry players are focusing on expanding their foothold and gaining lucrative growth opportunities through varied strategies such as M&A, new product launches, and business expansions.

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Partial Chapter of the Table of Content

Chapter 4. Contraceptives Market, By Product

4.1. Global contraceptives market share, by product, 2018 & 2025

4.2. Contraceptive Drugs

4.2.1. Market size, by region, 2014 - 2025

4.2.2. Oral contraceptive pills

4.2.2.1. Market size, by region, 2014 - 2025

4.2.3. Injectable contraceptives

4.2.3.1. Market size, by region, 2014 - 2025

4.2.4. Topical contraceptives

4.2.4.1. Market size, by region, 2014 - 2025

4.3. Contraceptive devices

4.3.1. Market size, by region, 2014 - 2025

4.3.2. Condoms

4.3.2.1. Market size, by region, 2014 - 2025

4.3.2.2. Male condoms

4.3.2.2.1. Market size, by region, 2014 - 2025

4.3.2.3. Female condoms

4.3.2.3.1. Market size, by region, 2014 - 2025

4.3.3. Diaphragms

4.3.3.1. Market size, by region, 2014 - 2025

4.3.4. Contraceptive sponges

4.3.4.1. Market size, by region, 2014 - 2025

4.3.5. Vaginal rings

4.3.5.1. Market size, by region, 2014 - 2025

4.3.6. Subdermal implants

4.3.6.1. Market size, by region, 2014 - 2025

4.3.7. Intra-uterine devices

4.3.7.1. Market size, by region, 2014 - 2025

4.3.7.2. Copper intra-uterine devices

4.3.7.2.1. Market size, by region, 2014 - 2025

4.3.7.3. Hormonal intra-uterine devices

4.3.7.3.1. Market size, by region, 2014 - 2025

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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