Hormonal Contraceptives Market to Reach USD 25.95 Billion | Global Industry Research on Growth, Trends and Opportunity 2020-2025
Pune, Maharashtra, India, August 28 2020 (Wiredrelease) Brandessence Market Research and Consulting Pvt ltd –: Hormonal Contraceptives Market is valued at USD 20.82 Billion in 2018 and expected to reach USD 25.95 Billion by 2025 with the CAGR of 3.20% over the forecast period.
In its latest report on Hormonal Contraceptives Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.
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Scope of Global Hormonal Contraceptives Market Reports –
The hormonal contraceptionproductsinclude birth control pill, vaginal ring, contraceptive skin patch and hormone-releasing contraceptive coils. TheHormonal techniques include an implant, an intrauterine device (IUD), injections, pills, a vaginal ring, and a skin patch.These schemes consist of the utilize of hormones that are produced normally by women, such as estrogen and progesterone, to prevent ovulation and in turn pregnancy. However, they do not provide protection against HIV or other sexually transmitted infections. The Contraception entails artificial or deliberate techniques to prevent pregnancy as a consequence of sexual intercourse, by interfering with normal process of ovulation, fertilization, and implantation using barriers, drugs, medical devices or surgical techniques. The Variety of contraceptives such as condoms is used to prevent potential exposure to infection or sexually transmitted diseases. The collective oral contraceptives can increase the risk of certain type of cardiovascular disease in women with a pre-existing condition or already-heightened risk of cardiovascular disease. Smoking metabolic conditions like diabetes, obesity and family history of heart disease are all risk factors which may be exacerbated by the use of certain hormonal contraceptives. TheCervical Chlamydia infections were more frequent in users of hormonal contraception.
Global hormonal contraceptives marketreport is segmented on the basis of product type, hormone and end user by regional & country level. Based on product type, global Hormonal Contraceptives market is classified as the oral contraceptive pills,vaginal rings, emergency contraceptive pills, transdermal patches and injects able birth control. Based upon hormone,global hormonal contraceptives are classified into combined hormonal contraceptive and progestin-only contraceptive. Based upon end user, global hormonal contraceptives are classified into hospitals, clinics andhousehold.
The regions covered in this hormonal contraceptives marketare North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of clinical decision support system is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Hormonal Contraceptives Market Companies
Some major key players for global hormonal contraceptives marketareALLERGAN,Afaxys Inc.,Bayer AG, Agile Therapeutics Inc,Merck and Co., Inc.,Primal Enterprises Ltd.,Pfizer Inc.,HLL Life care Limited, Teva Pharmaceuticals Industries Ltd and Others.
Hormonal Contraceptives NEWS
FDA approves five-year hormonal contraceptive
OCTOBER 16, 2018: -Allergan the nonprofit women’s health pharma Medicines360 said has been the FDA approved an application to extend the duration of use for Liletta for the prevention of pregnancy for up to five years. Hence, the Medicines360 first won approval for the Levonorgestrel-releasing intrauterine device in February of 2015. The latest system FDA approval is based on a review of additional efficacy and safety data from an ongoing Phase III trial. The access IUS trial, which includes 1,751 women across the U.S., found that Liletta is more than 99% effective in preventing pregnancy for up to five years in a range of women. However, the large and diverse population of women already uses Liletta as a safe, long-acting and reversible contraceptive option. However, the approval means that Liletta is now indicated for up to 5 years of use. To date, no hormonal IUD has been studied across more women in a single Phase III clinical trial conducted in the U.S.,” Dr. Jessica Grossman, CEO of Medicines360, said in prepared remarks. The partnership with Allergan, we remain steadfast in our mission to help women access available birth control methods that are appropriate for them, regardless of their income.
Birth Control Market Overview
The rapidly increasing cost of living, technological advancements, increasing development of effective female contraceptive drugs and devices, rise global prevalence of sexually transmitted infections (STI) in low income countries, rise in adoption of permanent contraceptive practices instead of crucial family planning is trending the hormonal contraceptives market. According to the World Health Organization (WHO),around 12.8 million of girls aged 15-19 gives birth before reproductive age every year representing 44 births per 1000 adolescent girls in this age group who ultimately need hormonal Contraceptives therapy propelling the growth of this market. However, the side effects associated with temporary or permanent contraception and rising prevalence of sterility rates are restraining growth of the market. Therecentgrowth of this market are urbanization and increased awareness about hormonal contraception and the policies setup by the government to promote hormonal contraception.Additionally, the contraceptive technique that is safe, effective, and acceptable within the cultural, social, religious, and ethical frameworks of individuals and societies would have a significant positive effect on human well-beingdifferent than most other products whose development is regulated by the actions of the marketplace, the development of new contraceptives is influenced by often conflicting and uncoordinated public policies. Hence, the impact of these policies, together with other aspects of contraceptive crop, such as the complexity of evaluating their risks and profit& the importance of the social benefits of contraceptive, number of methods currently available has slowed the development of new methods.
Global Hormonal Contraceptives Market Regional Analysis –
North America is dominating the market due to highest market share in terms of profits in overall market of hormonal contraceptives service across the global due toincreasing investments in research and development activities for the discovery of new formulation and products. The North America market holds major value share in the global footprint followed by Europe due to high awareness of people about population control, prevalence of infertility and high adoption of contraceptive crop.The Asia Pacific region is expected to lead the global Hormonal Contraceptives market by the end of the forecast period. However, few rural areas, and cultural and religious opposition in certain emerging countries, such as China, India, Thailand, Vietnam, Malaysia, and Philippines, hinder the market growth. The emerging markets have a high potential to grow owing to the maximum proportion of young women who need to use modern contraceptives methods. Further, the government is focusing toward improvising healthcare infrastructure and creating awareness among people for early prevention of unintended pregnancies.According to the World Health Organization (WHO) in 2015, the substantial gaps still persist in the use of modern methods among couples who want to prevent pregnancy, in the less than half of total demand for family planning was being met with modern methods in 54 countries In an additional 76 countries, less than 75 % of total demand was met by use of modern technique inAsia Pacific.
Key Benefits for Global Hormonal Contraceptives MarketReports–
Global Hormonal Contraceptives Marketreport covers in depth historical and forecast analysis. Global Hormonal Contraceptives Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level. Global Hormonal Contraceptives Market report helps to identify opportunities in market place. Global Hormonal Contraceptives Market report covers extensive analysis of emerging trends and competitive landscape.
Global Hormonal Contraceptives Market Segmentation –
Global Hormonal Contraceptives Market: By Product Type
Oral Contraceptive Pills Vaginal Rings Emergency Contraceptive Pills Transdermal Patches Inject able Birth Control
Global Hormonal Contraceptives Market: By Hormone
Combined Hormonal Contraceptive Progestin-only Contraceptive
Global Hormonal Contraceptives Market: By End-User
Hospitals Clinics Household
Global Hormonal Contraceptives Market: By Regional & Country Analysis
North America S. Mexico Canada Europe UK France Germany Italy Asia Pacific China Japan India Southeast Asia Latin America Brazil The Middle East and Africa GCC Africa Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Hormonal Contraceptives Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Hormonal Contraceptives Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Hormonal Contraceptives Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global Hormonal Contraceptives Market Overview: Quantitative Analysis
4. Chapter – Global Hormonal Contraceptives Market Analysis: Segmentation By Type
5. Chapter – Global Hormonal Contraceptives Market Analysis: Segmentation By Application
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