Rise in Unwanted Pregnancies to Spur Contraceptives Market, Poised to Register Downturn due to COVID-19 Pandemic

Contraceptive devices are projected to capture more than half of the global contraceptives market during the forecast period.

Demand for contraceptives to register a robust 6.4% CAGR during the forecast period (2020-2025). The global contraceptives market shall surpass a valuation of US$ 37,242.7 Mn by the end of 2025.

The recent study by Fact.MR on global contraceptives market offers a 5-year forecast between 2020 and 2025. The study analyzes crucial trends that are currently determining the growth of the global contraceptives market.

The contraception encompasses the use of drugs (oral pills, injectable contraceptives, and topical contraceptives) and devices (condoms, intrauterine device [IUD], diaphragms, sponges, patches, implants, vaginal rings, and others). The growth in focus towards the need of family planning and preventing unintended pregnancy fuels the market growth.

Expanding operations in future? To get the perfect launch ask for a sample report at has studied the global contraceptives market with detailed segmentation on the basis of product type, distribution channel and key regions.

Need More information about Report Methodology? Click here Center for Medicaid and CHIP Services (CMCS) established a Maternal and Infant Health Initiative for the Medicaid and Children’s Health Insurance Program (CHIP) to promote the use of effective methods of contraception. Such government initiatives to improve family planning and reproductive health has significantly increased awareness and use of contraceptive in the U.S.

The Covid-19 pandemic has significantly impacted the U.S. healthcare sector. The contraceptives market is majorly dependent on physician-prescribed and physician-administered products. Due to restrictions on visiting physician offices without an emergency, the demand for contraceptive products was low during the first few months of the pandemic. Telehealth services and virtual consultations were recommended for contraceptive screening and counseling.

The study offers a comprehensive analysis on diverse features including production capacities, demand, product developments, revenue generation and sales in global contraceptives market across the globe.

A comprehensive estimate on global contraceptive market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of global contraceptives market during the forecast period. Price point comparison by region with global average price is also considered in the study.

To get all-in insights on the regional landscape of the Contraceptive Market, buy now:- U.S. contraceptive market size was estimated at USD 7.1 billion in 2019 and is expected to reach USD 7.4 billion in 2020.

The U.S. contraceptive market is expected to grow at a compound annual growth rate of 4.35% from 2020 to 2027 to reach USD 9.9 billion by 2027.

Pills dominated the U.S. contraceptive market with a share of around 41% in 2019. This is attributable to a large number of products introduced by several market players, a high success rate, and convenience in using oral pills for contraception.

Some key players operating in the U.S. contraceptive market include Merck & Co. Inc.; Bayer AG; Allergan; Afaxys, Inc.; Mayer Laboratories, Inc.; Teva Pharmaceutical Industries Ltd.; Agile Therapeutics; TherapeuticsMD Inc.; Reckitt Benckiser Plc.; Pfizer, Inc.; Cooper Surgical; Church & Dwight Co., Inc.; and Mithra Pharmaceuticals.

Key factors that are driving the U.S. contraceptive market growth include increasing awareness regarding the importance of sexual and reproductive health among women in the age group of 15 to 49 years.

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