According to the report by Expert Market Research (EMR), the global contraceptive devices market size reached a value of USD 11.57 billion in 2023. Aided by the escalating demand for effective birth control methods and the broadening applications of contraceptive devices in reproductive health, the market is projected to further grow at a CAGR of 6.55% between 2024 and 2032 to reach a value of USD USD 24.79 billion by 2032.
Contraceptive devices include various products such as condoms, intrauterine devices (IUDs), diaphragms, and contraceptive implants, which are primarily used to prevent unwanted pregnancies. They play a crucial role in family planning, reproductive health, and sexually transmitted infections (STIs) prevention. Besides their primary function, contraceptive devices are instrumental in empowering individuals, particularly women, by allowing them control over their reproductive health and choices.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/contraceptive-devices-market/requestsample
The global contraceptive devices market growth is being driven significantly by the rising consumer demand for effective and reliable birth control methods. With the increasing awareness of the benefits and necessity of family planning and safe sex, there has been a noticeable shift towards the use of contraceptive devices, leading to a surge in market demand. Additionally, global health initiatives aiming at reducing the incidence of unwanted pregnancies and STIs have also played a significant role in popularising the use of contraceptive devices.
Further, the expanding applications of contraceptive devices in the field of reproductive health are increasing the contraceptive devices market demand. They are now being used not only for contraception but also for treating various health conditions such as heavy menstrual bleeding and endometriosis. This diversification has opened up new avenues for the market. The ongoing trend of family planning and delayed parenthood further adds to the growing popularity of contraceptive devices.
Get a full report with table of content – https://www.expertmarketresearch.com/reports/contraceptive-devices-market
Moreover, the growing demand for non-hormonal and non-invasive contraceptive methods has brought contraceptive devices into focus as viable options. With rising health consciousness and a preference for less intrusive medical procedures, non-hormonal IUDs and barrier methods like condoms and diaphragms have gained prominence, thereby enhancing the contraceptive devices market expansion. With the rise of gender equality and women’s empowerment, the need for safe, effective, and female-controlled contraceptive methods has grown, thereby amplifying the contraceptive devices market expansion.
Contraceptive Devices Market Segmentation
The market can be divided based on product type, technology, distribution channel, and region.
Market Breakup by Product Type
• Male Contraceptive Devices
• Condoms
• Spermicides
• Female Contraceptive Devices
• Female Condoms
• Contraceptive Sponges
• Contraceptive Vaginal Rings
• Intrauterine Devices
• Sub-dermal Contraceptive Implants
• Non-Surgical Permanent Contraceptive Devices
Market Breakup by Technology
• Hormonal Contraceptives
• Barrier Contraceptives
Market Breakup by Distribution Channel
• Hospital Pharmacy
• Retail Pharmacy
• Online Channel
• Public Channel
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global contraceptive devices companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• Bayer AG
• Pfizer Inc.
• Janssen Global Services, LLC
• Teva Pharmaceutical Industries Ltd.
• Merck Sharp & Dohme Corp.
• Mylan N.V.
• Reckitt Benckiser Group plc.
• Veru Inc.
• Medisafe Distribution Inc.
• CooperSurgical, Inc.
• Devex
• Mayer Laboratories, Inc.
• Allergan plc.
• Agile Therapeutics
• HLL Lifecare
• ANSELL LTD
• Mankind Pharma
• TTK HealthCare
• Boehringer Ingelheim International GmbH.
• V-Care Pharma Pvt. Ltd.
• VARDHAMAN LIFECARE PVT LTD
• Cipla Inc.
Read More Reports:
China Haemodialysis and Peritoneal Dialysis Market: https://www.expertmarketresearch.com/reports/china-hemodialysis-and-peritoneal-dialysis-market
China Antiscalants Market: https://www.expertmarketresearch.com/reports/china-antiscalants-market
Mexico Medical Cannabis Market: https://www.expertmarketresearch.com/reports/mexico-medical-cannabis-market-report
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.
Media Contact:
Company Name: Claight Corporation
Contact Person: Kevin Jonathan, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
