Hormonal Contraceptives Market 2022 – Opportunities And Strategies – Global Forecast To 2030
The Business Research Company’s Hormonal Contraceptives Market 2022 – Opportunities And Strategies – Global Forecast To 2030
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As per The Business Research Company’s “Hormonal Contraceptives Global Market Report 2022”, the hormonal contraceptives trade is predicted to succeed in a worth of $14.97 billion in 2020, having declined at a compound annual development price (CAGR) of -1.4% since 2015. The world hormonal contraceptives market dimension is predicted to develop from $14.97 billion in 2020 to $19.22 billion in 2025 at a price of 6.6%. The world hormonal contraceptives market dimension is then anticipated to develop at a CAGR of three.7% from 2025 and attain $23.07 billion in 2030. The growing consciousness in girls of the provision of household planning companies and elevated consciousness concerning the necessity to stop unintended pregnancies, particularly amongst younger {couples}, are anticipated to drive the hormonal contraceptives market within the forecast interval.
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Key Trends In The Hormonal Contraceptives Market
Companies within the hormonal contraceptives market are specializing in long-acting vaginal rings. A vaginal ring is a small mushy, plastic ring that’s positioned contained in the vagina; it releases a steady dose of the estrogen and progestogen into the bloodstream to forestall being pregnant. The length of use of those rings has elevated, with researchers and corporations creating vaginal contraception rings that can be utilized for a complete 12 months. For occasion, Annovera was launched commercially within the third quarter of 2019. The Segesterone Acetate and Ethinyl Estradiol Vaginal system (Annovera) works like the opposite vaginal ring in the marketplace that incorporates Etonogestrel and Ethinyl Estradiol (NuvaRing). Women put on their vaginal ring for 3 weeks, then take it out throughout their interval. After per week, they might insert a brand new one. Unlike the NuvaRing, Annovera could be reused for as much as a 12 months, it doesn’t must be refrigerated which makes for simpler storage.
Overview Of The Hormonal Contraceptives Market
The hormonal contraceptives market consists of sale of hormonal contraceptives and associated companies by entities (organizations, sole merchants, and partnerships) that produce hormonal contraceptives which are used as a contraception methodology performing on the endocrine system of the human physique to forestall being pregnant.
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Hormonal Contraceptives Global Market Report 2022 from TBRC covers the next info:
Market Size Data
• Forecast interval: Historical and Future
• By area: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By nations: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Hormonal Contraceptives Market Segmentation
• By Product: Oral Contraceptive Pills, Injectable Birth Control, Emergency Contraceptive Pills, Vaginal Rings, Others
• By End Users: Hospitals, Homecare Settings, Gynaecology Centers, Clinics, Ambulatory surgical facilities
• By Hormones: Progestin-Only, Combined Hormones
• By Distribution Channel: Drug Stores, Gynaecology/ Fertility Clinics, E-Commerce, Others
• By Geography: The world hormonal contraceptives market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these areas, North America holds the most important share available in the market.
Major market gamers comparable to Bayer AG, Merck & Co. Inc., Pfizer, Allergan, Afaxys Inc., Teva Pharma Industries Ltd., Agile Therapeutics, HLL Lifecare Limited
Trends, alternatives, methods and a lot extra.
Hormonal Contraceptives Global Market Report 2022 is certainly one of The Business Research Company’s complete reviews that gives hormonal contraceptives world market outlook and an outline of hormonal contraceptives world market. The market report analyzes hormonal contraceptives world market dimension, hormonal contraceptives world market development drivers, hormonal contraceptives world market tendencies, hormonal contraceptives world market segments, hormonal contraceptives world market main gamers, hormonal contraceptives market development throughout geographies, and hormonal contraceptives market rivals’ revenues and market positioning. The hormonal contraceptives market report lets you achieve insights on alternatives and methods, in addition to establish nations and segments with the very best development potential.
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