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Contraceptives Market 2020 By Revenue, Top Trend & Regional Growth Forecast

Author : Ronak Bora | Published Date : 2020-09-17 

Contraceptives Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Contraceptives market share is poised for robust growth on account of soaring number of unintended pregnancies witnessed in the recent past. The notion of unintended pregnancies has helped in assessing the fertility of the global population and the unmet need for contraception—birth control, and family planning.

According to a new study conducted by WHO, 4,794 women experienced an unintended pregnancy after they stopped using contraception. The study further stated that 85% of women became pregnant during the first year, after they stop using contraceptives. Of late, these concerns have revitalized contraceptives market trends.

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In a bid to propel contraceptives market outlook, stakeholders are prioritizing access to affordable reproductive and sexual health services and information. Accordingly, government and non-government agencies are eyeing to offer high quality family planning with a slew of benefits, incorporating enhanced child and maternal health, along with women’s empowerment, economic development and education.

Contraceptives market size is projected to surpass US$ 38,500.5 mn by 2025, according to a new research report by GMI

An increasing number of women are procrastinating motherhood to prioritize their careers and balancing concerns associated with the costs for raising a child, ambiguity over job safety and proper family planning. Unstable relationships are also a factor urging women to follow the recent trend of delayed pregnancies.

Based on products, the contraceptive devices industry is anticipated to register more than 7.8% CAGR in the coming years. The adoption of the devices will be significantly boosted owing to easy availability, lower costs, minimum side effects, high effectiveness of producing 99% success rate, and ease of operation of the devices.

Contraceptives are dominantly used by women in the age group of 20-29 and this segment gathered more than USD 8.56 billion in yearly revenues in 2018. A statistical report states that over 50% of the pregnancies in the U.S.A are unplanned and 42% of this number end up in abortion. Additionally, a consistent increment in the number of teenage pregnancies in this region will escalate the consumption of the product.

The U.S. contraceptives industry share is expected to attain a CAGR of 5.3% through 2025. over 60 million women in the country are currently in childbearing age and about 70% of them are at the possibility of developing unintended pregnancy.

Annual revenues collected across India for contraceptives were estimated at USD 864.3 million in 2018 and the number is predicted to grow owing to expanding knowledge among Indian women about the applications and uses of the products. Family health planning, government conducted family planning programs for proper contraception services in the country will also reinforce contraception use.

The ongoing COVID-19 pandemic in 2020 may have slightly stalled the production and supply of contraceptives. Side effects of consumption and failure of functioning will also hamper the demand for the product to some extent. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/contraceptives-market-report

Partial Chapter of the Table of Content 

Chapter 2. Executive Summary

2.1. Contraceptives industry 3600 synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Age trends

2.1.4. Regional trends

Chapter 3. Contraceptives Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 – 2025

3.3. Industry impact forces

3.3.1. Growth drivers

3.3.1.1. Favorable regulatory scenario in developed nations

3.3.1.2. Growing inclination towards planned delayed pregnancy

3.3.1.3. High unmet contraceptive needs in developing economies

3.3.1.4. Growing prevalence of Sexually Transmitted Diseases (STD) in African region

3.3.2. Industry pitfalls & challenges

3.3.2.1. Growing infertility prevalence

3.3.2.2. Adverse effects of contraceptive drugs

3.4. Growth potential analysis

3.4.1. By product

3.4.1.1. By drug

3.4.1.2. By device

3.4.2. By age

3.5. Regulatory landscape

3.5.1. U.S

3.5.2. Europe

3.5.3. China

3.5.4. India

3.6. Upcoming contraceptive technologies

3.6.1. Contraceptive drugs

3.6.2. Contraceptive devices

3.7. Contraceptive logistics system

3.8. Contraceptives scenario, 2017

3.8.1. Global contraceptive use

3.8.2. Contraceptive prevalence, by region

3.8.3. Contraceptive method distribution, by region

3.8.4. Contraceptive effectiveness, region

3.9. Number of contraceptive users median projection, by region, 2000, 2017 and 2030 (Thousands)

3.10. Number of women with unmet need for family planning, median projection, by region, 2000, 2017 and 2030 (Thousands)

3.11. Porter’s analysis

3.12. Company market share analysis, 2016

3.12.1. Strategy dashboard

3.13. PESTEL analysis

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia 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 sport. [email protected] | https://twitter.com/RonakBora26

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