Contraceptives Market Size, Share & Analysis Report, 2022-2030
The global Contraceptives market gathered revenue around USD 21.8 billion in 2021 and market is set to grow USD 44.7 billion by the end of 2030 and is estimated to expand at a modest CAGR of 10.0% during the prediction period 2022 to 2030.
Contraception depends on the intended use of artificial methods to prevent pregnancy by interfering with the normal processes of fertilization, ovulation, and implantation. A barrier method is the most common type of contraception, also known as fertility control or birth control. It is available in two major forms on the market: contraceptive drugs and contraceptive devices.
Oral (pill) contraceptives, topical contraceptives, and injectable contraceptives are the various types of contraceptives. Contraceptive devices, on the other hand, include condoms, intrauterine devices (IUD), vaginal rings, implants, patches, diaphragms, sponges, and others. The barrier method, particularly condoms, is the most common form of artificial contraception.
Increase in Incidence of Unwanted Pregnancies to Drive Market
The global contraceptives market is expected to be driven by increase in efforts by governments to raise awareness about the negative effects of population growth and unwanted pregnancies. Various government programs aim to meet the rise in demand for modern contraception methods as well as sexual and reproductive health services. Young people, adolescents, and women should be involved in all stages of evaluation, implementation, and planning for these health services. Many women are delaying motherhood these days as career prioritization has taken hold among many women. More women are becoming aware of the cost of raising a child, as well as the rise in prevalence of unstable relationships and concerns about job safety.
Report Scope of the Contraceptives Market
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Report Coverage |
Details |
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Market Size by 2030 |
USD 44.7 billion |
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Growth Rate from 2022 to 2030 |
CAGR of 10.0% |
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Largest Market |
North America |
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Fastest Growing Market |
Asia Pacific |
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Base Year |
2021 |
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Forecast Period |
2022 to 2030 |
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Segments Covered |
Product, Distribution Channel, Region |
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Companies Mentioned |
Smith & Nephew plc, Anika Therapeutics, Inc., DePuy Synthes, Inc., Baxter International, Inc., Stryker Corporation, Medtronic, Inc., Arthrex, Inc., Zimmer Holdings, Inc., and CONMED Corporation.. |
Contraceptive Devices to be Lucrative Segment
The global contraceptives market has been classified into two categories: contraceptive drugs and contraceptive devices. The contraceptive drugs segment has been split into oral contraceptive, injectable contraceptive, and topical contraceptive patch. Combination contraceptives and mini pills are two types of oral contraceptives. Male contraceptives and female contraceptives are the two types of contraceptive devices. Female condoms, contraceptive diaphragms, contraceptive sponges, contraceptive vaginal rings, intrauterine devices, sub-dermal contraceptive implants, and non-surgical permanent contraception devices are the various types of female contraception.
The product segment has been examined based on available drugs and devices, product pipeline for new contraceptive products, cost-effectiveness, and population preference for contraceptive products.
Retail Pharmacies Segment to Dominate Market
Based on distribution channel, the global contraceptives market has been divided into hospital pharmacies, retail pharmacies, online pharmacies, clinics, and others. The segments have been thoroughly examined in terms of availability of various contraceptive products, availability of these products through various distribution channels, and geographical coverage. The retail pharmacies and online pharmacies segments are projected to dominate the global market during the forecast period. The retail pharmacies segment is likely to account for significant market share owing to improvement in supply chain networks.
North America to Dominate Global Market
In terms of region, the global contraceptives market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global contraceptives market in 2021. The region is expected to account for major share of the global market during the forecast period.
High abortion rates, increase in participation of reproductive women in the labor force, and high awareness about contraceptive products are likely to boost the growth of the contraceptives market in North America over the next few years. However, the market in Asia Pacific is projected to grow at a rapid pace during the forecast year. Increase in government initiatives is anticipated to propel the contraceptives market in the region. Additionally, rise in awareness about family planning and increase in unintended pregnancies are expected to drive the market in Asia Pacific.
Some of the prominent players in the Contraceptives Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
Contraceptives Market, by Product
Contraceptives Market, by Distribution Channel
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Contraceptives Market Study:
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers