The global Contraceptives Market was valued at USD 16.0
billion in 2011 and is expected to grow at a CAGR of 5.5% from 2012 to 2018, to
reach an estimated value of USD 23.3 billion in 2018.
The growing prevalence of unwanted pregnancies across
the globe especially in developed countries such as the U.S. will serve the
market as a high impact rendering driver. This is principally due to the fact
that governments of countries experiencing a rise in the prevalence of unwanted
pregnancies are rigorously promoting the use of contraceptives to curb
unnecessary healthcare expenditures associated with abortions. Some of the
other drivers of the market include implementation of the Affordable Care Act
in the U.S. which has accelerated the growth of the contraceptives market by
widening the reimbursement options, rising number of initiatives undertaken by
WHO, governments and other NGOs to elevate contraceptive related user awareness
and rising global prevalence of sexually transmitted infections. The presence
of a strong contraceptives product pipeline and the presence of large unmet
contraceptive needs in emerging Asian and African economies will serve the
global contraceptives market with future growth opportunities.
In the global contraceptives market by product types
(drugs and devices), the contraceptive devices market held majority of the
market share in 2011. Moreover, it is expected to exhibit the fastest growth
rate during the forecast period owing to its high usage rates and the
introduction of new and technologically advanced products such as Bayer's
Skyla/Jaydess (a hormonal IUD) in 2012 in Europe and in 2013 in the U.S. The
male contraceptive devices (male condoms) market held majority of the market
share in 2011 at over 45% owing to its high usage rates induced by its
easy-to-use features, cheap prices and high effectiveness. The subdermal
contraceptive implants is one of the fastest growing segments in the global
contraceptive devices market due to the rising popularity of cheap implants
such as Sino-implant (II) and the price reduction of Bayer's Jadelle.
Oral contraceptive pills are the most popular form of
temporary birth control and it held majority of the market share in 2011. The
global topical contraceptives market is the second fastest growing market after
contraceptive pills. Its growth rate is justified by the possible introduction
of new products such as AG200-15 by Agile Therapeutics in 2014.
The North American contraceptives market held majority
of the market share in 2011 on account of high contraceptive drug usage rate in
the region. In addition, the Asian contraceptives market is the fastest growing
one due to presence of high unmet contraceptive needs in this region coupled
with the rapidly developing economies of India and China.
Some of the key players in the market include Bayer,
Church & Dwight Company, Warner Chilcott Company, Agile Therapeutics,
BioSante Pharmaceuticals, Mayer Laboratories and others.
The global contraceptive market is categorized into the
following segments:
§ Contraceptives
Market by Products
§ Contraceptive Drugs
·
Oral
Contraceptive Pills
·
Contraceptive
Injectables
·
Topical
Contraceptives
§ Contraceptive Devices
·
Male
Contraceptive Devices (Male Condoms)
·
Female
Contraceptive Devices
·
Female Condoms
·
Diaphragms
·
Sponges
·
IUDs
·
Hormonal IUDs
·
Copper IUDs
·
Subdermal
Contraceptive Implants
·
Vaginal Rings
§ Contraceptives
Market by Geography
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World (RoW)
Browse
all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html
About Us
Transparency Market Research is a global market
intelligence company, providing global business information reports and
services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers. We are
privileged with highly experienced team of Analysts, Researchers, and
Consultants, who use proprietary data sources and various tools and techniques
to gather, and analyze information.
Our data repository is continuously updated and revised
by a team of research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability, Transparency Market
Research employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business reports.
Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Visit: http://www.transparencymarketresearch.com/
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Visit: http://www.transparencymarketresearch.com/
