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Contraceptives Market is Expected to Reach USD 23.3 Billion Globally in 2018: Transparency Market Research

Contraceptives Market is Expected to Reach USD 23.3 Billion Globally in 2018:
                         Transparency Market Research

  PR Newswire

  ALBANY, New York, May 14, 2013

ALBANY, New York, May 14, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (
http://www.transparencymarketresearch.com ) " Contraceptives Market (Drugs,
Devices, Pills, Hormonal & Copper IUDs, Vaginal Rings, Subdermal Implants,
Topical Contraceptives, Injectables, Diaphragms, Sponges, Male & Female
Condoms) - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 
-  2018, " the global contraceptives market was valued at USD 16.0 billion in
2011 and is expected to grow at a CAGR of 5.5% from 2012 to 2018, to reach an
estimated value of USD 23.3 billion in 2018.

Browse the full report at
http://www.transparencymarketresearch.com/contraceptives-market.html

The growing prevalence of unwanted pregnancies across the globe especially in
developed countries such as the U.S. will serve the market as a high impact
rendering driver. This is principally due to the fact that governments of
countries experiencing a rise in the prevalence of unwanted pregnancies are
rigorously promoting the use of contraceptives to curb unnecessary healthcare
expenditures associated with abortions. Some of the other drivers of the
market include implementation of the Affordable Care Act in the U.S. which has
accelerated the growth of the contraceptives market by widening the
reimbursement options, rising number of initiatives undertaken by WHO,
governments and other NGOs to elevate contraceptive related user awareness and
rising global prevalence of sexually transmitted infections. The presence of a
strong contraceptives product pipeline and the presence of large unmet
contraceptive needs in emerging Asian and African economies will serve the
global contraceptives market with future growth opportunities.

In the global contraceptives market by product types (drugs and devices), the
contraceptive devices market held majority of the market share in 2011.
Moreover, it is expected to exhibit the fastest growth rate during the
forecast period owing to its high usage rates and the introduction of new and
technologically advanced products such as Bayer's Skyla/Jaydess (a hormonal
IUD) in 2012 in Europe and in 2013 in the U.S. The male contraceptive devices
(male condoms) market held majority of the market share in 2011 at over 45%
owing to its high usage rates induced by its easy-to-use features, cheap
prices and high effectiveness. The subdermal contraceptive implants is one of
the fastest growing segments in the global contraceptive devices market due to
the rising popularity of cheap implants such as Sino-implant (II) and the
price reduction of Bayer's Jadelle.

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Oral contraceptive pills are the most popular form of temporary birth control
and it held majority of the market share in 2011. The global topical
contraceptives market is the second fastest growing market after contraceptive
pills. Its growth rate is justified by the possible introduction of new
products such as AG200-15 by Agile Therapeutics in 2014.

The North American contraceptives market held majority of the market share in
2011 on account of high contraceptive drug usage rate in the region. In
addition, the Asian contraceptives market is the fastest growing one due to
presence of high unmet contraceptive needs in this region coupled with the
rapidly developing economies of India and China.

Some of the key players in the market include Bayer, Church & Dwight Company,
Warner Chilcott Company, Agile Therapeutics, BioSante Pharmaceuticals, Mayer
Laboratories and others.

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The global contraceptive market is categorized into the following segments:

  *Contraceptives Market by Products

       *Contraceptive Drugs

            *Oral Contraceptive Pills
            *Contraceptive Injectables
            *Topical Contraceptives

       *Contraceptive Devices

            *Male Contraceptive Devices (Male Condoms)
            *Female Contraceptive Devices

                 *Female Condoms
                 *Diaphragms
                 *Sponges
                 *IUDs

                      *Hormonal IUDs
                      *Copper IUDs

                 *Subdermal Contraceptive Implants
                 *Vaginal Rings

  *Contraceptives Market by Geography

       *North America
       *Europe
       *Asia-Pacific
       *Rest of the World (RoW)

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Browse all Medical Devices Market Research Reports@
http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

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