Contraceptive Market To Witness Elevated Growth Through Accruing Of USD 41.3 Bn Earnings By 2028

According to report of Zion Market Research, Contraceptive Market industry accumulated revenue worth about US$ 22.1 billion in 2021 and is slated to amass ROI about US$ 41.3 billion by 2028. In addition to this, Contraceptive Market is prognosis to record CAGR of almost 8.25% in 2022-2028. Apparently, growth of contraceptive market over forecast timespan is due to rise in awareness about reproductive health as well as sexual health among married couples. Apart from this, acceptance of birth control procedures will proliferate size of contraceptive industry. Additionally, contraceptive are used prominently by young persons as a preventive measure for avoiding unwanted pregnancies and avoiding sexually transmitted diseases. Favorable government policies and compensation schemes will accelerate progression of contraceptive industry in years ahead.

Oral Contraceptive Pills Segment To Dominate Product Landscape Over 2022-2028

Growth of oral contraceptive pills segment over forecasting timespan is owing to large-scale demand for oral contraceptive pills in emerging countries as well as developed ones. Escalating preference for these products in China and India will proliferate segmental growth in ensuing years.

North American Contraceptive Market To Establish Numero Uno Position Over Forecast Timeline

Growth of regional market over forecasting years can be credited to rise in use of contraceptive methods in countries such as Canada and the U.S. Additionally, immense use of condoms, pills, implants, and IUDs has dominated North American market in recent years. Rise in rate of unwanted pregnancies in the U.S. has culminated into huge demand for contraceptive methods in country, thereby translating into massive surge in contraceptive industry surge in North America.

Some of the major players have strongly influenced expansion of contraceptive market and are predicted to do so even in years ahead. They are The Female Health Company, Lupin Pharmaceuticals, Inc., Novartis AG, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Amgen Inc., Reckitt Benckiser Group PLC, Bayer Healthcare Pharmaceuticals LLC, Pfizer, Inc., Piramal Healthcare Limited, Cipla Limited, and Glenmark Pharmaceuticals Limited.

Browse the full “Contraceptive Market- By Product (Oral Contraceptive Pills, Topical Contraceptive Pills, Injectable Contraceptive Pills, Diaphragms, Vaginal Rings, Condoms, Contraceptive Sponges, Subdermal Implants, and Intra-Uterine Devices): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/contraceptive-market

The global Contraceptive Market is segmented as follows:

By Product

• Oral Contraceptive Pills
• Topical Contraceptive Pills
• Injectable Contraceptive Pills
• Diaphragms
• Vaginal Rings
• Condoms
• Contraceptive Sponges,
• Subdermal Implants
• Intra-Uterine Devices

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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