Hormonal Contraceptive Market Circling Value US$ 26.5 Bn by 2026

Hormonal Contraceptives Market value is poised to reach around USD 26.5 billion by 2026 and growing at CAGR above 4.2% over the forecast time frame 2019 to 2026.

Acumen research and Consulting, in its recent report, determines the key growth opportunities available in the hormonal contraceptives market for the forecast period of 2019-2026. The global study traces the key trends and notable developments taking place in the hormonal contraceptives landscape. In addition to this, it offers actionable intelligence into the hormonal contraceptives market by analyzing the significant drivers, restraints, threats, and opportunities.

This exclusive report provides an analysis of the demand and supply chain, which offers a detailed view pertaining to the balance of demand-supply in the hormonal contraceptives market. This comprehensive guide studies the macroeconomic and microeconomic factors that help in understanding the growth trajectory of the hormonal contraceptives market over the course of the forecast period.

Market size has been evaluated in terms of value (US$ Mn) and volume (units). Information included will aid readers of the hormonal contraceptives market report in identifying significant opportunities for their business advancement. This detailed study highlights the significant and key players operating in the hormonal contraceptives market.

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The detailed study provides an in-depth overview of the market players, along with their key strategies, financials, and recent developments. This will aid stakeholders in moving their strategy gears and setting their business pace in the direction of growth.

The worldwide market was lead by North America in 2018 and its position over the forecast period is anticipated to continue. This can be due to the elevated revenue per capita, a powerful presence of important players in the industry, increased awareness of sexual health and a high amount of unintended pregnancies. Many developing countries, like Germany and the United Kingdom. A number of actions are being taken to educate the public on hormone contraceptive market apps. In future years, this will drive the development of the world hormonal contraceptive industry.

In the forecast period, Asia-Pacific is expected to see the rapidest development. The significant variables complementing regional development include a large fertile population, the introduction of fresh women contraception systems, an increase in investment by market players and powerful economic growth. Countries like China, India and Japan give important market possibilities, owing to population growth, an increase in lifestyle disease prevalence, an increase in infertility, PCOS and public family planning programmes. The Middle East and Africa market are projected to be propelled by an increasing amount of product launches, favourable government’s initiatives and public awareness. For example, the contract to expand access to Implanon was expanded by Merck & Co. and their government sector partners, in May 2017. Under this contract, Implanon NXT (etonogestrel) was to decrease its implant cost over the next six years in 70 poor nations and its next generation medical product.

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Key Players & Strategies

The hormonal contraceptives market consists of major vendors such Allergan; Pfizer; Afaxys, Inc.; Agile Therapeutics; Bayer AG; Merck & Co. Inc.; Teva Pharmaceuticals Industries Ltd.; and Apothecus Pharmaceutical Corporation. Industry has seen a number of inorganic growth projects and technological progress in system design to strengthen its sector leadership.

TEVA, for example, launched Minastrin 24 Fe-ethinyl estradiol and norethindron acetate and ferrous fumarate tablets, which have been used as an oral contraceptive in the United Nations in March 2018.

In 2017, to avoid pregnancy, Bayer Inc. launched Kyleena, a fresh IUS. It is anticipated that Kyleena will be launched to address the long term contraception requirement for women up to five years.

Market Segmentation

Global Hormonal Contraceptives Market, By Product Type
Oral Contraceptive Pills
Vaginal Rings
Emergency Contraceptive Pills
Transdermal Patches
Injectable Birth Control

Global Hormonal Contraceptives Market, By Hormone
Combined Hormonal Contraceptive
Progestin-only Contraceptive

Global Hormonal Contraceptives Market, By End User

Global Hormonal Contraceptives Market, By Geography
North America.
Latin America
Middle East and Africa (MEA)

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