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Global Contraceptives Market Size, Share, Trends, And Industry Forecast to 2031

Kenneth Research has recently added a report titled Global Contraceptives Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2022-2031.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Contraceptives Market products.

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Moreover, the total spending in the healthcare industry in the country is anticipated to reach around USD 6 trillion by the end of 2027. On the back of such factors, the market is predicted to observe a significant growth in the next few years.

Global Contraceptives Market industry valued approximately USD 23100.0 million in 2016 is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2017-2025. The major factors driving the growth of the Market is due to rising government initiatives to promote awareness regarding unintended pregnancies and increasing population will create huge demand for contraceptive and modern education and career aspirations have been crucial factor for increasing demand of contraceptives.

The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Product:
 Contraceptive Drugs
o Oral Contraceptive
 Combined Contraceptives
 Mini-Pills
o Contraceptive Injectable
o Topical Contraceptive Patch

Devices:
 Male Contraceptives
 Female Contraceptives
o Female Condoms
o Contraceptive Sponges
o Contraceptive Vaginal Rings
o Intrauterine Devices
o Sub-dermal Contraceptive Implants

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Distribution Channel:
 Hospital Pharmacy
o Public
o Private
 Independent Pharmacy
 Clinics
 Online Platform

Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market are Cipla Inc., Bayer AG, Merck Co. Inc., Teva Pharmaceuticals Industries Ltd, Reckitt Benckiser plc, Mankind Pharma, HLL Lifecare Limited. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and focuses on continuous technology innovations are also strategies adopted by the major players. The companies are also trying to dominate the market by investing in research and development.

Target Audience of the Contraceptives Market Study

 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors

Please note that owing to the criticality of the Contraceptives Market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation to cater to the most recent updates.

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About Kenneth Research

Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.

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