CONTRACEPTIVE PILLS MARKET OVERVIEW
Globally the contraceptive Pills market share is expected to grow at the rate of about around 2.2% from 2019 to 2022.
There have been various contraceptive methods developed for women such as patches, implants, vaginal rings, injectables. However, when it comes to family planning, contraceptive pills are women’s all-time favourite option for the convenience they offer. These birth control pills are been used from ancient times but the save and effective methods are introduced and available from 20th century.
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The opportunity to delay pregnancies has been paving the way for many women to pursue higher education and professional careers. It could also open doors for millions of families to control their overhead expenses during the economic slowdown, controlling abortion rate, and contributing to all anti-abortion forces.
Some of the leading key Players of the global contraceptive pills market include –
Lupin Pharmaceuticals Inc
Piramal Enterprises Ltd
V Care Pharma
HLL Life Care
and Ferring B V
and among others.
The demand to control the ever-increasing population, worldwide alongside, the young demographics are changing the dynamics of the market. Teenagers are widely accepting contraceptives to enjoy the pleasure of intimate relationships. Additionally, government initiatives are supporting the market growth, promoting education, and the use of contraceptives for avoiding unwanted births.
Contraceptive Pills Market Segments:
The report is segmented into two market dynamics to widen the scope of understanding,
By Drug Class : Combination Pills (Monophasic, Multiphasic pills, and others) and Progestin Only Pills, among others.
By Regions : Europe, North America, APAC, and the Rest-of-the-World (RoW).
- Contraceptive pills suppliers
- Contraceptive pill manufacturers
- Pharmaceutical Companies
- Research and Development (R&D) Companies
- Government Research Laboratories
- Government and Independent Regulatory Authorities
- Medical Research Institutes
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Lyndra is developing a new once-monthly oral combination therapy, that can deliver a continuous dose of estrogen & progestin, the same drugs used in daily combined oral contraceptives. Ultra-long-acting oral medicines will remove the burden of daily pills and improve compliance, health, and quality of life for patients.
TABLE OF CONTENTS
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
3 MARKET DYNAMICS
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
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Global Contraceptive Pills Market Regional Analysis
Approximately 3 MN women in North America experience unplanned pregnancy, and almost 90 % of the women population uses at least one of the birth-controlling methods. The North American contraceptives drug market is expected to grow at a CAGR of 5.9 % during the forecasted period.
Europe commands the second-largest share of the global contraceptive pills market. Governmental initiatives to minimize the rate of unwanted pregnancy are driving the growth of the regional market, spreading awareness through appropriate initiatives and programs. Besides, the rising healthcare expenses and increasing use of contraceptives drugs have been fuelling the growth of the market in the region.
The contraceptive pills market is brisk in the Asia Pacific region. Increasing the need for population control and the availability of various cost-effective contraception methods drive the growth of the market in the region. Besides, increasing government initiatives to increase the awareness towards different safe methods for contraception and birth control is a major driving force behind the APAC market.
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