Global Contraceptive Devices Market, By Product Type (Male Contraceptive Devices, Female Contraceptive Devices), Technology (Hormonal Contraceptives, Barrier Contraceptives), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channel, Public Channel & NGOs, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Contraceptive devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 7.85% in the above-mentioned forecast period. Rising numbers of initiatives taken by government drives the contraceptive devices market.
Contraceptive devices are the type of devices which are used to avoid pregnancy by the use of medical devices, medicines, and surgical methods. The sexually transmitted diseases (STDs) are also prevented by the use of it. It may be temporary or permanent and accessible to males and females accordingly. Permanent techniques include men's sterilization and women's sterilization and temporary techniques includes hormonal and non-hormonal.
Regular technological advancement is the vital factor escalating the market growth, also rising allowance for contraceptive device on the regular basis, rising initiatives and support by various NGO’s, improper family planning, increased percentage of population belonging to the sexually active age group in Asia (India and China) and high incidence rate of unintended pregnancies are the major factors among others driving the contraceptive devices market. Moreover, rising disposable income in developing and developed regions and new product launches in the field of contraceptive devices will further create new opportunities for contraceptive devices market in the forecasted period of 2020-2027.
However, rising surging infections due to the use of contraceptive devices, rising incidence of infertility and rising side effects of contraceptive devices are the major factors among others which will obstruct the market growth, while rising number of competitors will further challenge the growth of contraceptive devices market in the forecast period mentioned above.
This contraceptive devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on contraceptive devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Contraceptive Devices Market Scope and Market Size
Contraceptive devices market is segmented on the basis of product type, technology and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the contraceptive devices market is segmented into male contraceptive devices and female contraceptive devices. Male contraceptive devices have been further segmented into male condoms. Female contraceptive devices have been further segmented into female condoms, diaphragms and sponges, vaginal rings, intrauterine devices, sub-dermal implants and others.
- Based on technology, the contraceptive devices market is segmented into hormonal contraceptives and barrier contraceptives.
- The contraceptive devices market is also segmented on the basis of distribution channel into hospital pharmacy, retail pharmacy, clinics, online channel, public channel & NGOs and others.
Global Contraceptive Devices Market Country Level Analysis
Contraceptive devices market is analysed and market size insights and trends are provided by country, product type, technology and distribution channel referenced above.
The countries covered in the contraceptive devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the contraceptive devices market due to rising favorable reimbursement policies for contraceptives by large insurance firms for all federal employees (U.S.) and their dependents, increased incidence rate of unplanned pregnancies, increasing implementation of the affordable care act in the U.S., and high usage of contraceptive devices in this region. Asia-Pacific is the expected region in terms of growth in contraceptive devices market due to high population, rising economic growth in India and China, rise in disposable income, rise in awareness about contraceptives and its advantages for preventing pregnancy and sexually transmitted infections.
The country section of the contraceptive devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Contraceptive devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for contraceptive devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the contraceptive devices market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Contraceptive Devices Market Share Analysis
Contraceptive devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to contraceptive devices market.
The major players covered in the contraceptive devices market report are Bayer AG, Pfizer Inc, Janssen Global Services, LLC, Teva Pharmaceutical Industries Ltd., Merck Sharp & Dohme Corp, Mylan N.V., ALLERGAN, Reckitt Benckiser Group plc, Veru Inc., Church & Dwight Co., Inc., Medisafe Distribution Inc., CooperSurgical, Inc., Devex, Mayer Laboratories, Inc., Medisafe Distribution Inc., ANSELL LTD., Reckitt Benckiser Group plc., Agile Therapeutics, Inc., HLL Lifecare Limited, Mankind Pharma, TTK HealthCare, Boehringer Ingelheim International GmbH, V-Care Pharma Pvt. Ltd., Vardhaman Lifecare Pvt Ltd, Cipla Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Contraceptive Devices Market
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