According to the latest report by IMARC Group, titled “Contraceptive Devices Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the contr market size. Contraceptive devices refer to birth control tools used to prevent pregnancies and sexually transmitted diseases (STDs). These devices are customized for both male and female users and comprise spermicides to chemically neutralize sperms. Condoms, diaphragms, sponges, cervical caps, vaginal rings, subdermal implants and intrauterine devices (IUD) are some of the commonly used contraceptive devices.
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The rising prevalence of STDs, including chlamydia, hepatitis B, gonorrhea, trichomoniasis, HIV/AIDS, represents one of the significant factors strengthening the growth of the contraceptive devices market across the globe. Moreover, the growing consciousness among individuals about the available alternatives for minimizing unexpected pregnancies is catalyzing the demand for contraceptive devices. Furthermore, leading manufacturers are investing in research and development (R&D) activities to develop product variants with higher efficacy and minimal side-effects. This, in confluence with the increasing inclination toward delayed pregnancies and rising healthcare expenditures of individuals, is anticipated to fuel the market growth. Looking forward, IMARC Group expects the global contraceptive devices market to continue its moderate growth during 2020-2025.
Breakup by Device Type:
- Condoms
- Diaphragms
- Cervical Caps
- Sponges
- Vaginal Rings
- IUDs
- Others
Breakup by End User:
- Male
- Female
Breakup by Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Stores
- Others
Breakup by Application:
- Household
- Commercial
- Others
Competitive Landscape with Key Player:
- Allergan Plc
- Bayer Healthcare
- Church & Dwight Co. Inc.
- Cooper Surgical Inc.
- Merck & Co.
- Mylan Laboratories
- Pfizer Inc.
- Reckitt Benckiser
- Teva Pharmaceutical Industries Ltd.
- The Female Health Company
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