Contraceptives Market :Global Capacity, Production and Revenue by Manufacturers 2016 – 2021
Global
Contraceptives Market is classified on the basis of drugs, medical device,
end users, distribution channel and geography. Medicines and medical devices
that are utilized in order to prevent unwanted pregnancy are known as
contraceptives. These contraceptives basically act by blocking the regular
process of fertilization, ovulation, etc. There are different types of
contraceptives with different mode of action, such as intrauterine device
(IUD), sterilization, barrier methods such as condoms, diaphragms, etc. and
hormonal methods such as pills. On the flip side, there are also a number of
risks associated with the use of contraceptives such as risk of pelvic
infection, incorrect use of condoms, formation of blood clots due to
consumption of contraceptive pills, etc.
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Factors
propelling the market growth comprise rising awareness among people and
high-tech innovations. In addition, ever increasing population and therefore a
necessity to control the population. Moreover, a number of programs are being
conducted by the government as well as a NGO’s to put forward the use of
contraceptives. Furthermore, factors such as growing prevalence of sexually
transmitted diseases is also fueling the growth of the Contraceptives Market.
On the other hand, there are certain factors that may hamper the growth of the
market such as side effects associated with use of contraceptives and also
increasing prevalence of infertility cases in women.
Contraceptives
Market is classified on the basis of drugs as oral contraceptive pills,
contraceptive injectable, topical contraceptives. Based on medical device, the
global market is bifurcated into male contraceptive devices and female
contraceptive devices. Male contraceptive devices consist of male condoms.
Whereas, female contraceptive devices consist of female condoms, contraceptive
vaginal rings, sub-dermal contraceptive implants, contraceptive diaphragm,
intrauterine devices, contraceptive sponges and non-surgical permanent
contraception device. Contraceptives Market is classified on the basis of end
users as clinics, hospitals, home care, ambulatory surgical centers and others.
Based on distribution channel the global market spans hospital pharmacy, retail
pharmacy, e-commerce, online pharmacy and others.
Contraceptives
Market is geographically classified on the basis of as North America, Latin
America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East
and Africa. The North American region consists of the U.S., and Canada. Latin
America region consists of Mexico and Brazil. The Western European region
consists of Germany, Italy, France, England and Spain. The Eastern European
region consists of Poland and Russia. Asia Pacific region consists of China,
India, ASEAN, Australia & New Zealand. The Middle East and Africa region
consists of GCC, South Africa and North Africa. In case of geographical region,
North America is projected to account a major share of the Contraceptives
Industry. The factors that attribute to the growth of this region is owed to
presence of favorable reimbursement policies and growing usage of oral
contraceptive pills.
On
the other hand, Asia Pacific is expected to be the fastest growing region and
show strong growth rates in the global market. The factors that contribute to
the growth of this region is due to ever increasing population, awareness among
people, rising use of contraceptives, etc.
Some
of the key players that fuel the growth of the Contraceptives Industry include
Bayer HealthCare AG, Reckitt Benckiser plc, Church & Dwight, Co., Inc.,
Medisafe Distribution Inc, Teva Pharmaceutical Industries Limited,
Medicines360, Mayer Laboratories, Pace Pharmaceuticals Inc., Actavis, Inc., Cooper
Surgical, Inc., Inc., Merck & Co., Inc., Pfizer, Inc.
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