Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the global Hormonal Contraceptives Market for the years 2023–2030.
The global market report provides statistics and information on the evolution of the investment structure, technological advancements, industry trends and developments, market players’ capabilities, and in-depth details on the major market players. The analysis also includes a summary of the global market strategies that have been implemented in light of the industry’s present and future conditions.
An overview of the Hormonal Contraceptives Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
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Market Overview:
Global Hormonal Contraceptives Market is valued at approximately USD 16.6 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.29% over the forecast period 2022-2029.
Hormonal contraception is also known as a birth control method that acts on the endocrine system and regulates hormonal changes. These methods involve the usage of hormones that are generally formed by women like progesterone and estrogen, to prevent ovulation and in turn pregnancy. The increasing number of government and NGO initiatives to encourage contraceptive methods, the increase in the adoption of oral pills, coupled with the rise in awareness regarding modern contraception methods are the primary factors that are leveraging the market growth around the world.
For instance, in August 2022, the Odisha government launch a new initiative named ‘Nai Pahal Scheme’ under the National Health Mission (NHM). The objective of this initiative is to raise awareness regarding the need of adopting temporary and permanent methods of family planning for young couples. Under the scheme, the state government intends to gift newlyweds ‘wedding kits’ that consist of a booklet on methods and benefits of family planning, oral and emergency contraceptives, condoms, and marriage registration forms. Thereby, the rising initiatives by the government on promoting the usage of Hormonal Contraceptives are augmenting the global market growth. In addition, rising consciousness of the health issues associated with teenage pregnancies, as well as increasing investments by leading market players in R&D activities are presenting various lucrative opportunities for market growth over the forecasting years. However, the rapidly aging population and some adverse effects associated with the usage of contraceptive drugs and devices are hindering market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Hormonal Contraceptives Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the growing sexual health awareness, presence of well-established market players, along with increasing R&D investments. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing target populations, emergence of novel contraception devices for females, and rising expenditure on healthcare & wellness.
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Major market players included in this report are:
- Abbvie Inc.
- Afaxys, Inc.
- Teva Pharmaceuticals Industries Ltd.
- Bayer AG
- Organon Group of Companies
- Pfizer
- Agile Therapeutics
- Janssen Pharmaceuticals Inc.
- Lupin Pharmaceuticals Inc.
- Pregna International Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Oral Contraceptive Pills
Injectable Birth Control
Emergency Contraceptive Pills
Vaginal Rings
Transdermal Patches
By Hormone:
Progestin-only Contraceptive
Combined Hormonal Contraceptive
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By End-User:
Hospitals
Household
Clinics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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