You are currently viewing Latin America Contraceptive Devices Market to Provide Growth Horizons During 2023-2031, Driven by Rising Consumer Awareness related to STD’s

Latin America Contraceptive Devices Market to Provide Growth Horizons During 2023-2031, Driven by Rising Consumer Awareness related to STD’s

El nuevo estudio de Informes de Expertos titulado ‘El Mercado Latinoamericano de Dispositivos Anticonceptivos, Informe y Pronóstico 2022-2031′, ofrece un análisis profundo del mercado, evaluándolo por tipo de dispositivo, usuario final, canal de distribución y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Contraceptive Devices Market 2023-2031’, gives an in-depth analysis of the market, assessing it based on type of device, end-user, distribution channel and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2016-2031)

• CAGR para el período de pronóstico (2023-2031):6.55%

El mercado latinoamericano de dispositivos anticonceptivos tuvo un valor de alrededor de 1.035 millones de dólares en 2021. Durante el período de pronóstico de 2022-2027, los analistas de IDE proyectan que el mercado latinoamericano de dispositivos anticonceptivos registrará un crecimiento de las ventas con el efecto de la creciente conciencia de los consumidores sobre las ETS. El aumento de la dificultad para abortar, la vida sexual activa y el deseo general de evitar los nacimientos no deseados están impulsando la expansión de la industria de dispositivos anticonceptivos.

Incluso, la creciente concienciación sobre los métodos actuales para evitar embarazos no deseados, especialmente entre las mujeres, también está aumentando la demanda de dispositivos anticonceptivos. Además, los gobiernos, tanto de los países ricos como de los que están en vías de desarrollo, se están centrando más en la gestión de la población, aumentando los conocimientos y animando a la gente a utilizar la anticoncepción. Es probable que la creciente disponibilidad de dispositivos anticonceptivos en todos los grupos socioeconómicos, especialmente en los países de bajos ingresos, impulse la expansión del mercado durante el periodo de pronóstico.

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Industry Definition and Major Segments

Contraception devices keep people from becoming pregnant unintentionally and from developing sexually transmitted diseases (STDs). By preventing sperm from entering the uterus, such products prevent implantation and sepsis. Contraceptive devices come in a variety of forms, including condoms, vaginal rings, cervical caps, diaphragms, IUDs, and others.

Based on the types of devices, the market is classified into:

• Vaginal Rings
• Diaphragms
• Condoms
• Cervical Caps
• Sponges
• Intrauterine Device (IUD)
• Others

The market can be segmented on the basis of end users such as:

• Male
• Female

Based on distribution channel, the market can be divided into:

• Retail Pharmacy
• Hospital Pharmacy
• Online Pharmacy
• Public and NGO channel
• Clinics
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The Latin American contraceptive device market is thriving as people become more aware of sexually transmitted diseases (STDs), such as HIV infection. The rising incidence of disorders and their consequences on health, which can lead to infertility in some situations, are encouraging the introduction of contraceptive devices. In addition, the secondary factors that are aiding the contraceptive device market to gain traction in growth projections and provide favourable outlook are increased urbanisation, globalisation, and rising disposable incomes of consumer due to economy development. Furthermore, simplicity of access with seamless distribution channel coupled with affordable prices of contraceptive devices have resulted in favourable market growth and increased market share of the contraceptive device market.

Key Market Players

The major players in the market are:

• Bayer AG
• Janssen Pharmaceutical Company
• Teva Pharmaceutical Industries Ltd.
• Reckitt Benckiser Group PLC
• Pfizer Inc.
• Merck & Co. Inc.
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

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