Global “Contraceptive Devices Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Contraceptive Devices in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Contraceptive Devices Market report categorizes the market based on manufacturers, regions, type, and application. Contraceptive Devices Market reports offer a detailed assessment of the Contraceptive Devices including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Contraceptive Devices market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The global contraceptive devices market was valued at around USD 20 billion in 2017 and is projected to register a CAGR of approximately 7% during the forecast period 20182023. China, the worlds most populated country, with a population of around 1.36 billion, has one of the highest rates of contraceptives usage.
Government Initiatives to Prevent Unwanted Abortions and Pregnancies
Unwanted pregnancies are on the rise, globally. Government bodies of various countries have been taking measures, like promoting the use of contraceptive devices to prevent this unwanted growth. It is estimated that among the number of pregnancies that occur in the United States, nearly 76% of them are unwanted, and are under the age of 30. According to Harvard researchers, it is estimated that single parenthood due to unwanted pregnancies is the reason for holding out on economic mobility, more than other variables like education and race. Given the widespread implications of unwanted pregnancies, the market for contraceptive devices is expected to experience a surge during the forecast period. Also, other factors, like the increasing incidence of STDs and the rapid increase in population, will accelerate the growth of the contraceptive devices market.
Limited Access to Contraception
Access to safe, voluntary family planning is a human right. Family planning is central to gender equality and womens empowerment and is a key factor in reducing poverty. Millions of women are unable to prevent unwanted pregnancies, which is impacting their lifestyle, as well as that of the child, both economically and socially. This is happening primarily due to the lack of knowledge and limited access to contraception and is more prevalent among low and middle-income nations of the world. An estimated 69 countries face the problem of limited access to contraception. Lack of awareness and limited supply has been one of the major reasons for the contraceptive devices markets limited growth in the developing nations. Apart from these, the high cost of conventional contraceptive devices, like intra-uterine device (IUD), is also acting as a barrier to the growth of the market.
United States Holds the Largest Market Share
There were approximately 60 million women in the United States in their child-bearing years (age 15 44), as of 2017. Around 70% of these women were at risk of unintended pregnancy. More than 99% of women aged between 15 – 44 years have used at least one contraceptive method. This indicates the high awareness and demand for avoiding unintended pregnancies in the United States. The use of contraceptive devices accounts for the second largest expenditure on contraceptive methods in the United States, and globally alike.
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The global Contraceptive Devices market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Contraceptive Devices Market Report covers the Top Key-players in 2021:-
- Actavis Plc.
- Agile Therapeutics
- Bayer Healthcare
- Fuji Latex Co. Ltd
- Johnson & Johnson
- Lupin Pharmaceuticals
- Merck & Co.
- Reckitt Benckiser Group Plc.
- Teva Pharmaceuticals
- The Female Health Company
Highlighted points of Contraceptive Devices Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Contraceptive Devices Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Contraceptive Devices? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Contraceptive Devices Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Contraceptive Devices Market? What Was Capacity, Production Value, Cost and PROFIT of Contraceptive Devices Market?
- What Is Current Market Status of Contraceptive Devices Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Contraceptive Devices Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Contraceptive Devices Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Contraceptive Devices Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Contraceptive Devices Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Contraceptive Devices Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Contraceptive Devices Industry?
Key Developments in the Contraceptive Devices Market:
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Finally, the report Global Contraceptive Devices Market 2021 describes the Contraceptive Devices industry expansion game plan, the Contraceptive Devices industry knowledge supply, appendix, analysis findings, and the conclusion.
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