Best Prospects in the Global Hormonal Contraceptives Market and Strategies for Growth – Includes Hormonal Contraceptives Market Share
The Business Research Company’s report goes into great detail on the hormonal contraceptives market size and growth, hormonal contraceptives market regional analysis, hormonal contraceptives market competitive landscape, and other critical information needed to excel in the hormonal contraceptives industry.
Major players in the hormonal contraceptives market include Bayer AG, Merck & Co. Inc, Viatris, Gedeon Richter, AbbVie
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The hormonal contraceptives market is expected to grow from $14.97 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.
North America was the largest region in the global hormonal contraceptives market, accounting for 33.5% of the total in 2021
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.
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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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 Global Hormonal Contraceptives Market Report Is Segmented:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Hormonal Contraceptives Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the hormonal contraceptives market globally and regionally, analyzes and forecasts market size, share, hormonal contraceptives market players, hormonal contraceptives market segments, leading competitor revenues, profiles and market shares.
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