Contraceptive
drugs and devices market is expected to grow over the forecast period owing
to the increasing prevalence of sexually transmitted diseases such as HIV &
HPV and growing population. The other drivers of this market are increasing
government & NGO’s programs against the abortion, social & political
consideration, and changing lifestyle. Contraceptive drugs & devices are
the commonly known for birth and fertility control and are used to avoid
pregnancy. Function of these devices & drugs is to change ovulation
mechanism by acting as a physical barrier between ovum and sperm. Lack of
contraception results have impacted on healthcare costs due to the unwanted
abortions and pregnancies. The usage, planning and provisions of contraceptives
are known as family planning. There are various advantages attached to the
contraceptive drugs & devices as it helps in the prevention of spread of
sexually transmitted diseases. Family planning includes application of
intra-uterine devices, sterilization, hormonal barrier as a method for birth control.
Apart from these, there are emergency controls, dual protection and behavioral
are available for prevention of pregnancy. Global market for contraceptives
encompasses female contraceptive devices, male contraceptive devices, and
vaginal, oral, and injectable contraceptive drugs. These contraceptive devices
and drugs are available globally in almost all the outlets ranging from
chemists, pharmacies, fertility centers and reproductive health centers. All
the sexually active females at childbearing age are at a risk of unwanted
pregnancies due to unsafe sex. There has been tremendous growth in the sexually
transmitted diseases sector and the global population, due to the lack of
awareness about the contraceptive drugs and devices. All these have generated
awareness among the people to curb unplanned and unwanted pregnancies. This
market has a huge unmet opportunity over the forecast period.
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Product Insights
Contraceptive
drugs and devices market is segmented on the basis of product types into
contraceptive drugs, female contraceptive devices, and male contraceptive
devices. Among these, largest share is held by contraceptive drugs as of 2014,
as it is easiest method of contraception. There has been lot of technological
advancements in contraceptive drugs such as as development of emergency oral
contraceptive pills. These contraceptive drugs are used for preventing unwanted
pregnancy. These drugs are composition of one or more synthetic female sex
hormones like progestin or progestin and estrogen. So it prevents pregnancy by
blocking the normal and complex process of ovulation..It helps by prohibiting
implantation of male hormones within the uterus, if it is taken within 2-3
days. Simplicity of their usage makes it prominent contraceptive in the market.
The other forms of contraceptive drugs are injectable and topical, had also
witnessed strong growth rate. Moreover, the contraceptive drugs and devices
market has witnessed growth due to the introduction of cheap contraceptives
such as Pill-Plus, AG200-15 Contraceptive Patch and Sino-Implant (II). Female
contraceptive devices are the fastest growing market. This market is
further classified into, sub-dermal contraceptive implants, female condoms,
contraceptive vaginal rings, intrauterine devices, contraceptive sponges,
contraceptive diaphragm and non-surgical permanent contraception device.
Regional Insights
Geographically,
the Contraceptive drugs and devices market is studied with respect to four
regions such as North America, Europe, Asia Pacific and RoW. Among these, North
America and Europe is dominating the whole market owing to its sophisticated
healthcare infrastructure, increasing awareness, availability of contraceptive
drugs & devices, technologically advanced systems, and government
initiatives. Over the forecast period, most of the domestic and international
players are focusing on the emerging market, such as China, India, as these
markets are lucrative by nature, and owe towards untapped opportunity, and
these countries are growing rapidly in the contraceptive drugs and devices market.
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Competitive Insights
The
major players in the, Contraceptive drugs and devices market are Merck &
Co., Bayer Healthcare AG, Warmer Chilcott Company inc., Church & Dwight Co.
Inc., Pfizer Inc., Agile Therapeutics Inc., Mayer Laboratories Inc., BioSante
Pharmaceuticals, Teva Pharmaceutical Industries Ltd, and Pantarhei Bioscience
B.V.
Table of Contents
Chapter 1. Executive Summary
1.1. Contraceptive - Industry Summary
& Critical Success Factors (CSFs)
Chapter 2. Contraceptive Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Contraceptive Market Dynamics
2.3.1. Market Driver Analysis
2.3.2. Market Restraint Analysis
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Contraceptive - Company Market
Share Analysis, 2013
2.7. Contraceptive market PESTEL
Analysis, 2013
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