Pune, India -- (SBWire) -- 12/07/2017 --Acknowledging its growing popularity and the market growth, Market Research Future, recently published a study report – The Global Contraceptive Drugs Market. Which indicates that the Market is booming and estimated to gain further prominence over the forecast period. Further MRFR asserts that the Market will demonstrate a massive growth by 2023, phenomenally superseding its previous growth records in terms of value with a whooping CAGR during the anticipated period. The global Contraceptive Drugs market is expected to reach US$ 22.15 billion by the end of the 2023 with a CAGR of 6.5%.
Market Research Future published new report, titled "Contraceptive Drugs Market – Research Report: Global Forecast till 2023".
Market Synopsis of Global Contraceptive Drugs Market:
Birth controls are been used since ancient times but the safe and effective methods are introduce and available from 20th century. Contraceptive drugs are used to prevent the unwanted pregnancy by blocking the normal process of ovulations or by altering the process which support the fertilization of egg. Global contraceptive drugs market is driven by increasing need of population controls and increasing prevalence of sexually transmitted diseases. Necessity of avoiding the unwanted pregnancy especially in the teenage women and increasing awareness among peoples also contributed in the growth of the market.
Contraceptive pills is the third most widely used contraceptive method. Government initiatives for increasing education and promoting used of contraceptive for avoiding unwanted birth have also played an important role in the growth of market. While the side effects of the treatment and strict governmental rules in many countries may hamper the growth of the market. Beside this cultural and religious opposition in developing countries is also responsible for hindering the market.
World Contraceptive Drugs Market is segmented on two category type and end user. On the basis of type they are oral contraceptive, injectable and other. Oral contraceptives are further sub segmented into combined oral contraceptive pills and progestogen-only pills. On the basis of end user they are segmented as hospitals, clinics and others.
The Worldwide Contraceptive Drugs Market report explores the Top Key Players in-depth analysis as Merck & Co., Inc (US), Pfizer Inc (US), Teva Pharmaceutical Industries Ltd. (Israel), Bayer AG (Germany), Allergan plc. (Ireland), Janssen Global Services llc. (US), Mankind Pharma Ltd. (India), Piramal Enterprises Ltd (India), Reckitt Benckiser Plc (UK), Church & Dwight (US), The Female Health Company (US), Mayer Laboratories (US), Cooper Surgical (US).
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Regional Analysis
World contraceptive Drugs Market is dominated by America. Increasing awareness among the people and high incidence rates of abortion has driven America contraceptive drugs market. Europe command the second largest market which is followed by Asia Pacific. Increasing need of population control in Asia Pacific is the major driving factor for the growth of the market. Beside this increasing governmental initiatives to increase the reproductive education also contributed for the growth of the market.
The report for global contraceptive drugs market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
Detailed overview of global contraceptive drugs market. World Contraceptive Drugs Market with all possible segmentation and key player of market. historical and forecasted market on the basis of factors like- price analysis, supply chain analysis, porters five force analysis etc. to track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global contraceptive drugs market. The possible segments and sub segments of the market. And regional analysis of the market- America, Europe, Asia Pacific and Middle East and Africa. Insights on the major countries/regions in which this industry is flourishing and to also identify the untapped regions which could be the potential markets in future
Major Table of Contents:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Market Dynamics
Chapter 4 Market Factor Analysis
Chapter 5 Global Contraceptive Drugs Market, By Type
Chapter 6 Global Contraceptive Drugs Market, By End User
Chapter 7 Global Contraceptive Drugs Market, By Region
Chapter 8 Competitive Landscape
Chapter 9 Company Profile
Chapter 10 MRFR Conclusion
Chapter 11 APPENDIX
...CONTINUED
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Contraceptive Drugs Market Quadruples by 2023 at a 6.5% of Whooping CAGR; Asserts MRFR
The study report worldwide Contraceptive Drugs Market covers the market analysis for the regions - North America, Europe, Asia Pacific/ Southeast Asia and Row and country analysis of China, Japan, and India focusing on top manufacturers in world market and the market share they hold including their contribution to the market growth