Hormonal Contraceptive Market To Reflect Impressive Growth Rate During 2023

Regional Outlook and Trend Analysis:
North America commanded the worldwide hormonal prophylactic market in 2016. The locale is foreseen to hold its situation all through the gauge time frame. This can be credited to high per capita income, rising awareness about sexual health, strong presence of key market players, and substantial number of unintended pregnancies. Asia Pacific is anticipated to witness the speediest development amid the conjecture time frame. Advent of new female contraception devices, vast fertile population, rise in investment by leading players, and solid financial development are the central point supplementing the development of the area.

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Competitive Insights
The major players in the market are Merck & Co, Pfizer, Bayer, Allergan, Teva Pharmaceutical Industries, Agile Therapeutics, Apothecus Inc. and Afaxys. Commercialization and approval of different products and growing geographical presence are real techniques implemented by industry members to improve their share of the overall industry.

Industry Trend Outlook –
The Hormonal Contraceptive Market was worth USD 13.24 billion in 2014 and is expected to reach approximately USD 15.60 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 1.84% during the forecast period. Increasing awareness with respect to contraception techniques in rising countries, expanding investments by market players to create inventive devices, and strong government activities to enhance access are key patterns quickening market growth. Awareness programs by governments and market players enable boost the demand, and in this manner, market for contraceptives. The advent of long-acting reversible devices in the market is one of the significant driving variables.

Method Outlook and Trend Analysis
In 2016, contraceptive pills represented the biggest share of the market. It is evaluated to keep up its strength all through the estimate time frame. The development of the portion can be ascribed to simple and straightforward method of organization, easy accessibility of a wide range, high awareness about pills because of early market entry in comparison with long-acting devices, and high productivity of around 99% on convenient consumption.

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Market Segmentation
By Method:
Vaginal Ring
Intrauterine Device (IUD)

By Region
North America – U.S, Canada, Mexico
Europe – Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific- Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World – Brazil, South Africa, Saudi Arabia, United Arab Emirates

Hormonal Contraceptive Market Report Offers:

Hormonal Contraceptive Market share Market assessments, Sales and Growth Rate for the regional and country level segments.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

The key findings and recommendations highlight crucial progressive industry trends in the
Hormonal Contraceptive Market, thereby allowing players to develop effective long term strategies.

Competitive landscaping mapping the key common trends.

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Major Table of Contents:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

2. Executive Summary
2.1. Key Highlights

3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
5. Hormonal Contraceptive Market, By Method
6. Hormonal Contraceptive Market, By Region
7. Company Profiles
8. Global Hormonal Contraceptive Market Competition, by Manufacturer

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