This report provides exclusive insights into the COVID-19 impact on the Contraceptive Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Contraceptive Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Contraceptive Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by
Infinium Global Research on the contraceptive market provides an in-depth analysis of
segments and sub-segments in the global as well as a regional contraceptive
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional contraceptive market over the short term
as well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of the global contraceptive market. According to the
report, the global contraceptive market is projected to grow at a healthy CAGR over
the forecast period of 2019-2025.
The contraceptive market is defined as the contraceptive
drugs and devices used to avoid unwanted pregnancy among women. The
contraceptive drugs include oral contraceptive, contraceptive injectable,
emergency contraceptive pills transdermal patches and others. The contraceptive
devices include male contraceptive devices and female contraceptive devices. It
implies drugs and devices used to prevent unwanted conceiving owing to various
reasons as unprotected sex, weak financial condition, and weak health of
expecting mother. There are several methods used as a contraceptive to avoid
unintended pregnancy. The contraceptive methods range from drug (as oral
pills), device (as a condom, IUD) and other. Additionally, the application of the
contraceptive method reduces the risk of unintended conception among HIV
infected couples, women, that results in less number of HIV positive children
and orphan babies. Further, some contraceptive methods facilitate the
protection against STD (sexually transmitted disease) from one person to
Growing awareness about family planning and protection from
several sexual diseases are enabling people to make a good choice of
contraceptive products and devices, for their sexual and reproductive health. The
contraceptive products provide an opportunity for working couples to pursue
their economic goal, while simultaneously leading a normal married life.
Further, a good contraceptive method provides the opportunity to maintain a gap
between children and invest more in every child for their better future. The
growing awareness among young consumers in the developing and underdeveloped
countries, about the several health and financial benefits of using a
contraceptive is expected to boost the growth of this market.
Among the geographic region, North America dominates the
global contraceptive market, owing to the presence of a large number of the
contraceptive products manufacturing companies in this region. Additionally,
the availability of several job opportunities in this region is forcing them to
delay the child plan for the sake of carrier growth, and financial stability.
Hence, they are using more contraceptive products in their life. Asia-Pacific
is the second-largest market after North America. The Asia Pacific market is
expected to grow at the highest CAGR during the forecast period, owing to the
growing demand of the contraceptives among the young middle-class populations.
The report on the global contraceptive
market covers segments such as contraceptive drugs, contraceptive devices, and
distribution channel. On the basis of contraceptive drugs, the sub-markets
include oral contraceptives, contraceptive injectable, emergency contraceptive
pills, transdermal patches, and others. On the basis of contraceptive devices,
the sub-markets include contraceptive devices. On the basis of the distribution
channel, the sub-markets include hospital pharmacy, independent pharmacy,
online platform, and clinics.
The report provides profiles of
the companies in the market such as Reckitt Benckiser Group plc, Janssen Global
Services, LLC, Mithra Pharmaceuticals, Teva Pharmaceutical Industries Ltd,
Pfizer Inc., Mankind Pharma, HLL Lifecare Limited, Bayer AG, Cipla Limited, Allergan plc, and Other companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the contraceptive market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.