Global Hormonal Contraceptives Market Outlook, Opportunities And Strategies – Includes Hormonal Contraceptives Market Size
Learn about the global hormonal contraceptives market through The Business Research Company, which provides information on hormonal contraceptives market size, hormonal contraceptives market drivers and restraints, hormonal contraceptives market players, the COVID-19 impact on the hormonal contraceptives market, and more.
The hormonal contraceptives market size is expected to grow from $14.96 billion in 2020 to $19.22 billion in 2025 at a rate of 6.6%. The hormonal contraceptives market size is then expected to grow at a CAGR of 3.7% from 2025 and reach $23.07 billion in 2030.
The increasing awareness in women of the availability of family planning services and increased awareness regarding the need to prevent unintended pregnancies, especially among young couples, are expected to drive the hormonal contraceptives market in the forecast period.
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The hormonal contraceptives market consists of sale of hormonal contraceptives and related services by entities (organizations, sole traders, and partnerships) that produce hormonal contraceptives that are used as a birth control method acting on the endocrine system of the human body to prevent pregnancy.
Global hormonal contraceptives market segments include:
By Product: Pills, Injectable Birth Control, Vaginal Rings, Others
By End-User: Hospitals, Homecare Settings, Gynaecology Centers, Clinics, Ambulatory Surgical Centers
By Hormone: Progestin-Only, Combined Hormones
By Distribution Channel: Drug Stores, Gynaecology/ Fertility Clinics, E-Commerce, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global hormonal contraceptives market, accounting for 33.5% of the total in 2021
Companies in the hormonal contraceptives market are focusing on long-acting vaginal rings. A vaginal ring is a small soft, plastic ring that is placed inside the vagina; it releases a continuous dose of the estrogen and progestogen into the bloodstream to prevent pregnancy. The duration of use of these rings has increased, with researchers and companies developing vaginal birth control rings that can be used for a whole year.
TBRC’s hormonal contraceptives market report covers:
Major Market Players: Bayer AG, Merck & Co. Inc, Viatris, Gedeon Richter, AbbVie
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Hormonal Contraceptives Market Report 2022 is one of a series of new reports from The Business Research Company that provides hormonal contraceptives market overviews, analyzes and forecasts market size, share, hormonal contraceptives market players, hormonal contraceptives market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s hormonal contraceptives market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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