Global oral contraceptive pills market value is expected to surpass USD 26 billion by 2028, registering CAGR of 5.1% during the forecast period. The industry is highly competitive with leading players focusing on inorganic growth to maintain business presence worldwide. These companies are further emphasizing on expanding distribution outside of pharmaceutical network in order to stay agile and generate higher ROI especially in developing regions.
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Unwanted pregnancies and demand for late family planning has created favorable ecosystem for oral contraceptive pills worldwide. Moreover, consumers are getting aware of oral contraceptive pills. While the market is showing sign of positive growth, there exists religious and social barriers in some parts of Middle East and Asia Pacific. Thus the industry has still not reached to its true addressable potential. Companies carry out various product campaign in order to raise consumer awareness.
As most of the healthcare business is driven by innovation, the oral contraceptive pills market is also expected to witness industry disruption during the forecast period. Few companies are working on development of male birth control pill. Approval of such products will create big boost to engaged companies revenue.
North America is expected to dominate the global sales followed closely by Western Europe. The region accounted for over 40% of global share in 2018. High consumer awareness along with birth control through unintended pregnancy has played a key role in overall sales of oral pills in the region. As per the estimates, a total of 23% of pregnancies were unintended between 2012 and 2016. As such, demand for these pills will continue to flourish throughout the forecast period in the region.
Western Europe will be dominated by EU-5 Sales with Germany accounting for 27% of regional demand. While North America and Western Europe collectively created higher incremental opportunity for industry players, Asia Pacific is set to register robust growth in next 5 years. Improving macroeconomic conditions and higher awareness has played a key role in sales of oral contraceptives in South East Asia region.
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Some key global Oral Contraceptive Pills Market Players are Piramal Enterprises Ltd., Pfizer, Inc., Merck & Co., Inc., Bayer AG, Allergan,plc, Mankind Pharma Ltd., and Teva Pharmaceutical Industries Ltd.
Key Topics Covered in Oral Contraceptive Pills Market Report:
(*The list is partial. Contact Bekryl representative/request report sample to access complete TOC).
- Research Methodology
- Executive Summary
- Value Chain Analysis
3.1. Profit Analysis
3.2. Key Players Across Value Chain
- Key Spending Analysis
- Market Growth Scenario
- Contraceptive Pills Market Dynamics
6.5. Porter’s Analysis
- Global Contraceptive Pills Market, By Product Type (US$ Mn), 2018-2028
7.1. Combination Pills
7.2. Progestin Based Oral Pills
- Global Contraceptive Pills Market, By End-use (US$ Mn), 2018-2028
8.3. Drug Stores
8.4. Convenience Stores
8.5. General Stores
- Contraceptive Pills Market, By Region (US$ Mn), 2018-2028 (Further Analyzed across Countries)
9.1. North America
9.2. Western Europe
9.3. Central & Eastern Europe (CEE)
9.4. Asia Pacific
9.5. Middle East
9.6. Latin America
- Contraceptive Pills Market Competition Landscape
10.1. Competition Dashboard
10.2. Distribution Channel Matrix
10.3. Company Profiles (Check above list of companies)
(The list is partial. Contact Bekryl representative to access detailed research scope)
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