Contraceptives Market size to exceed $33 Billion by 2023: Global Market Insights, Inc. - PowerPoint PPT Presentation

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Contraceptives Market size to exceed $33 Billion by 2023: Global Market Insights, Inc.

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Contraceptives market size was valued at USD 19.8 billion in 2015, with forecast target exceeding USD 33 billion by 2023, at over 6.8% CAGR. – PowerPoint PPT presentation

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Title: Contraceptives Market size to exceed $33 Billion by 2023: Global Market Insights, Inc.


1
Contraceptives Market 2016 2023
2
Global Market Scenario of Contraceptives
  • Contraceptives market size was valued at USD 19.8
    billion in 2015, with forecast target exceeding
    USD 33 billion by 2023, at over 6.8 CAGR.
  • Rising need to limit population growth and
    increasing prevalence of sexually transmitted
    diseases are pivotal factors driving the
    contraceptives market size. According to the
    Centers for Disease Control and Prevention (CDC),
    every year there are approximately 19 million new
    STD infections, around half of which is found in
    people of the age group 15 to 24. 
  • The CDC also estimated untreated and undiagnosed
    STIs to lead to infertility in at least 24,000
    women in the U.S. every year. While half a
    million people in the UK are diagnosed with
    sexually transmitted diseases (STDs) every year.
  • https//www.gminsights.com/industry-analysis/contr
    aceptives-market

3
Continue.....
  • The market is also witnessing government
    initiatives in order to curb the unnecessary
    healthcare expenditure due to unwanted
    pregnancies. U.S. and Norway government
    encourages women to use contraceptives.
  • In this regards, the U.S. federal policy has
    increased the accessibility of contraceptives by
    providing coverage under health insurance
    companies and permitting the contraceptives to be
    sold Over-The-Counter (OTC).
  • Growing demand for advanced and efficient
    contraceptives should encourage manufacturers for
    high research development investments in order
    to introduce technologically advanced drugs and
    devices in the market.
  • https//www.gminsights.com/industry-analysis/contr
    aceptives-market

4
North America contraceptive devices market size,
by product, 2016-2023 (USD Million)

https//www.gminsights.com/industry-analysis/contr
aceptives-market
5
360 Analysis
  • Application Analysis
  • Contraceptive pills market size was the
    predominant market segment in 2015, in terms of
    revenue at 91 owing to a significantly large
    consumer base, increasing awareness levels, as
    well as government initiatives to address the
    unmet needs of the women in the reproductive age.
  • Regional Analysis
  • North America, primarily due to U.S.
    contraceptive market size is forecast to exceed
    USD 8.9 billion by 2023, remaining the largest
    regional industry.
  • APAC, dominated by China and India contraceptives
    market size, is likely to grow to over 30 of
    global revenue in 2023. 
  • Competitive Market Share
  • Global contraceptives market share is garnered by
    number large and small companies. The prominent
    players in this market include Pfizer, Inc. Mayer
    Laboratories, Inc. Cooper Surgical, Merck Co.,
    and Actavis PLC among others  New product launch
    in response to growing demand for modern
    contraceptive methods is major strategy adopted
    by the players in this market, in order to
    maintain leadership position..


6

Latest Research Report On Contraceptives Market _at_
https//www.gminsights.com/industry-analysis/contr
aceptives-market Download Latest Report PDF _at_
https//www.gminsights.com/request-sample/detail/4
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www.gminsights.com
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