Contraceptives Market Size, Share, Growth, Outlook, and Opportunity Analysis, Forecast 2020 - 2027

                                                                           
Contraception is the use of barriers, medications, medical devices, or surgical techniques to prevent pregnancy as a result of sexual intercourse by interfering with the normal processes of ovulation, fertilisation, and implantation.

              Contraceptives Market


Contraception is the use of barriers, medications, medical devices, or surgical techniques to prevent pregnancy as a result of sexual intercourse by interfering with the normal processes of ovulation, fertilisation, and implantation. Condoms and other types of contraception are also used to prevent infection and sexually transmitted diseases. Contraception can be temporary or permanent, and both men and women can use it. Male sterilisation (vasectomy) and female sterilisation (tubal occlusion or hysteroscopic sterilisation) are both permanent treatments. Hormonal and non-hormonal temporary therapies are available.


The worldwide Contraceptives Market is projected to be hampered by side effects associated with the use of contraceptive medications and devices. Long-term negative effects of oral contraceptives, such as an increased risk of breast cancer, blood clots, and heart attacks, strongly discourage their use. Furthermore, the market's growth is likely to be hampered by the low uptake of emergency contraception in emerging nations. In the Democratic Republic of the Congo, for example, fewer than 15% of married women of reproductive age use modern contraception, according to PRB's 2019 Family Planning Data Sheet.


Increasing government attempts to raise awareness about unwanted pregnancies, as well as rising population, will drive up contraceptive demand during the projection period. Women, adolescents, and young people should be involved in all stages of planning, implementation, and assessment of various programmes aimed at meeting the need for modern contraception and providing reproductive and sexual health services. A growing number of women are deferring parenting in order to focus on their jobs. Furthermore, women are increasingly deferring pregnancy due to concerns about the cost of having a kid, employment insecurity, and unstable relationships.


The major players operating in the global emergency contraceptives market include, Evofem Biosciences, Inc., Actavis Generics (Teva Pharmaceutical Industries Ltd.), Sun Pharmaceutical Industries Ltd., Perrigo Company plc, Uniprix, Gavis Pharmaceuticals (Lupin Limited), Sandoz International GmbH, Aurobindo Pharma Limited, HRA Pharma, SA, Mankind Pharma, Merck & Co, Bayer HealthCare AG, Church & Dwight, Co. Inc., Allergan, Pfizer, Inc., Agile Therapeutics Inc., BioSante Pharmaceuticals Inc., Mayer Laboratories, Inc., and Pantarhei Bioscience B.V.

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