Global contraceptive pills market was
valued at $ 6 billion in 2018 expected to witness growth at a CAGR of 6.6%, to
reach $ 8.8 billion by 2024 owing to the rising
awareness regarding contraception methods in emerging countries. Contraceptive
pill is one of the most commonly used forms of reversible birth control. This
form of birth control suppresses ovulation (the monthly release of an egg from
the ovaries) by the combined actions of the hormones estrogen and progestin,
thereby drastically reducing the chances of becoming pregnant.
Unwanted pregnancies are on the
rise, globally. Government bodies of various countries are taking various measures
like promoting the use of contraceptive pills to prevent this unwanted growth. Given the widespread implications of unwanted pregnancies,
the market for contraceptive pills is expected to experience a surge during the
forecast period. However, factors like time constraints associated with the
intake of emergency contraceptive pills and their side-effects, are expected to
hamper the sales of emergency contraceptive pills during forecast period.
In
terms of category, contraceptive pills market is segmented into generic and
branded, of which branded
drug category accounted for a significant share in global contraceptive pills
market in 2018 and the segment is anticipated to maintain its dominance during forecast
period as well. The growth of the branded drug category is backed by the
widespread adoption of branded contraceptives due to easy availability and more
safety in comparison to generic drugs.
Regionally, North America
accounted for a significant share of around 40% of global contraceptive pills market
in 2018. The growth of North American contraceptive pills market is majorly
attributable to the strong presence of key market players, higher awareness
about sexual health and large number of unintended pregnancies in the region.
Among countries, US contraceptive pills market accounted for majority share in
North America contraceptive pills market in 2018 and is anticipated to maintain
its dominance during forecast period as well.
Global contraceptive pills market is
fragmented in nature due to presence of several generic drugs. Approval &
commercialization of various products and expanding geographical reach are
major strategies adopted by industry participants to enhance their market
share. Some of the major players operating in global contraceptive pills market
are Bayer AG, Allergan, Lupin Pharmaceuticals, Pfizer Inc., Teva
Pharmaceuticals Industries Limited. among others.
Years
considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To analyze and forecast the market size of global contraceptive
pills market
- To classify and forecast global contraceptive pills
market based on pill type, by category, by sales channel and regional
distribution
- To identify drivers and challenges for global contraceptive pills
market
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions etc. in global contraceptive pills
market
- To conduct pricing analysis for global contraceptive pills market
- To identify and analyze the profile of leading players involved in global
contraceptive pills market
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Some of the leading players
in global contraceptive pills market are Agile Therapeutics Inc., Bayer
AG, Allergan plc, Lupin Pharmaceuticals Inc., Pfizer Inc., Teva Pharmaceutical
Limited., Merck & Co. Inc., Mylan N.V., Novartis International AG, etc.
TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analysed the service offerings, Sales Channels and presence of all
major manufacturers across the globe.
TechSci
Research calculated the market size of global contraceptive pills market using a bottom-up approach, wherein data for various application
across various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key Target
Audience:
- Global contraceptive pills manufacturers,
suppliers, distributors and stakeholders
- Potential investors
- Organizations, forums and
alliances related to contraceptive pills market
- Research organizations and
consulting companies
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers
and partners, end users, etc. besides allowing them in strategizing investments
and capitalizing on market opportunities.
Report Scope:
In this report, global contraceptive
pills market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
·
Market, By Pill Type:
o
Progestin Pills
o
Combination Pills
- Market, By
Category:
- Market, By Sales Channel:
- Market, By
Region:
- Asia-Pacific
- China
- India
- Japan
- Australia
- Thailand
- Rest of Asia-Pacific
- Europe
- France
- Germany
- United
Kingdom
- Italy
- Russia
- Netherlands
- Rest of
Europe
- North America
- United
States
- Mexico
- Canada
- Rest of
North America
- South America
- Brazil
- Argentina
- Colombia
- Rest of
South America
- Middle East and Africa
- South
Africa
- UAE
- Rest of
Middle East & Africa
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies present in global contraceptive pills market.
Available
Customizations
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and indirect sales
channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
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