Global Contraceptive Devices Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 10.23 Billion |
 Market Size (Forecast Year) |
USD 16.93 Billion |
 CAGR |
% |
| Major Markets Players |
|
Global Contraceptive Devices Market Segmentation, By Product Type (Male Contraceptive Devices, Female Contraceptive Devices), Technology (Hormonal Contraceptives, Barrier Contraceptives), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channel, Public Channel and NGOs, Others)-Industry Trends and Forecast to 2031.
Contraceptive Devices Market Analysis
According to the World Health Organization, roughly 214 million women of reproductive age in developing countries wished to prevent pregnancy in July 2020. According to the same report, nearly half of all pregnancies were confirmed to be unplanned between 2015 and 2019. As a result of the rise in undesired pregnancies, there is a significant demand for contraceptive devices, which will drive the market even higher.
Contraceptive Devices Market Size
Global contraceptive devices market size was valued at USD 10.23 billion in 2023 and is projected to reach USD 16.93 billion by 2031, with a CAGR of 6.5% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
|
Attributes |
Contraceptive Devices Key Market Insights |
|
Segmentation |
|
|
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
|
Key Market Players |
Bayer AG (Germany), Pfizer Inc. (US), Janssen Global Services, LLC (US), Teva Pharmaceutical Industries Ltd. (Jerusalem), Merck Sharp & Dohme Corp. (US), Mylan N.V. (US), Reckitt Benckiser Group plc. (UK), Veru Inc. (US), Medisafe Distribution Inc. (Canada), CooperSurgical, Inc. (US), Devex (US), Mayer Laboratories, Inc. (US), Allergan plc (Ireland), Agile Therapeutics (US), HLL Lifecare (India), ANSELL LTD (Australia), Mankind Pharma (India), TTK HealthCare (India), Boehringer Ingelheim International GmbH. (Austria), V-Care Pharma Pvt. Ltd. (India), VARDHAMAN LIFECARE PVT LTD (India), and Cipla Inc. (US) |
|
Market Opportunities |
|
Contraceptive Devices Market Definition
Contraceptive devices include medical devices, medicines, and surgical treatments that are used to prevent pregnancy. It also works to keep sexually transmitted illnesses at bay (STDs). It might be temporary or permanent, and both men and women could benefit from it. Sterilization for men and women is a permanent procedure, whereas hormonal and non-hormonal procedures are only temporary.
Contraceptive Devices Market Dynamics
Drivers
- Rise in the number of unwanted pregnancies
According to the Centers for Disease Control and Prevention, unplanned pregnancy accounts for around 37% of all births in the United States.
- Growing awareness regarding sexually transmitted diseases (STDs)
Rise in the knowledge of sexually transmitted diseases (STDs), including gonorrhea, chlamydia, trichomoniasis, hepatitis B and HIV/AIDS.
- Initiatives by governments
Various developed and developing country governments are also launching initiatives to raise awareness and encourage the use of effective contraceptive devices, particularly in rural regions.
Opportunities
In addition, rise in the disposable income in advancing and developed nations and new product launches are further estimated to provide potential opportunities for the growth of the contraceptive devices market in the coming years.
Restraints/Challenges
On the other hand, the increasing risk if infections regarding the use of contraceptive devices and the rising incidences of infertility is further projected to impede the growth of the contraceptive devices market in the targeted period. However, the increase in the number of competitors and dangerous effects involved with contraceptive devices might further challenge the growth of the contraceptive devices market in the near future.
This contraceptive devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the contraceptive devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Contraceptive Devices Market
The COVID-19 had a negative impact on the contraceptive devices market. The COVID-19 epidemic has had a significant detrimental influence on the contraceptive devices market. The epidemic has altered people's social and economic circumstances. Due to the restrictions on people seeing their doctors without an emergency during the lockdown, the contraception market experienced low demand during the early stages of a pandemic.
Contraceptive Devices Market Scope
The contraceptive devices market is segmented on the basis of product type, technology and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Male Contraceptive Devices
- Condoms
- Female Contraceptive Devices
- Intrauterine Devices
- Female Condoms
- Vaginal Rings
- Diaphragms and Sponges
- Sub-dermal Implants
- Others
Technology
- Hormonal Contraceptives
- Barrier Contraceptives
Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Clinics
- Online Channel
- Public Channel
- NGOs, Others
Contraceptive Devices Market Regional Analysis
The contraceptive devices market is analysed and market size insights and trends are provided by country, product type, technology and distribution channel as referenced above.
The countries covered in the contraceptive devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the contraceptive devices market due to the rise in the incidence of STDs. Furthermore, the increase in the adoption rate of contraceptive devices will further boost the growth of the contraceptive devices market in the region during the forecast period.
Asia-Pacific is projected to observe significant amount of growth in the contraceptive devices market due to the growing awareness. Moreover, the rise in the initiatives taken by the government is further anticipated to propel the growth of the contraceptive devices market in the region during the forecast period in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Contraceptive Devices Market Share
The contraceptive devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to contraceptive devices market.
Contraceptive Devices Market Leaders Operating in the Market Are:
- Bayer AG (Germany)
- Pfizer Inc. (US)
- Janssen Global Services, LLC (US)
- Teva Pharmaceutical Industries Ltd. (Jerusalem)
- Merck Sharp & Dohme Corp. (US)
- Mylan N.V. (US)
- Reckitt Benckiser Group plc. (UK)
- Veru Inc. (US)
- Medisafe Distribution Inc. (Canada)
- CooperSurgical, Inc. (US)
- Devex (US)
- Mayer Laboratories, Inc. (US)
- Allergan plc (Ireland)
- Agile Therapeutics (US)
- HLL Lifecare (India)
- ANSELL LTD (Australia)
- Mankind Pharma (India)
- TTK HealthCare (India)
- Boehringer Ingelheim International GmbH. (Austria)
- V-Care Pharma Pvt. Ltd. (India)
- VARDHAMAN LIFECARE PVT LTD (India)
- Cipla Inc. (US)
Latest Development in Contraceptive Devices Market
- In January 2021, In the United States, Teva Pharmaceuticals announced the generic version of NuvaRing (etonogestrel and ethinyl estradiol) Vaginal Ring. Due to the introduction of such vaginal rings, the market for vaginal rings as contraceptive devices is likely to rise
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
