Dublin, Sept. 25, 2023 (GLOBE NEWSWIRE) -- The "Global Contraceptive Pills Market by Hormone Type (Combination Pills, Progestin Pills), Category (Branded, Generic) - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Contraceptive Pills Market has shown remarkable growth, with a size estimated at USD 18.99 billion in 2022, surging to USD 20.29 billion in 2023. A promising Compound Annual Growth Rate (CAGR) of 7.32% is expected to propel the market to a projected value of USD 33.43 billion by 2030.
Market Segmentation & Coverage:
This groundbreaking research report dissects the Global Contraceptive Pills Market to anticipate revenue trends and scrutinize developments within the following sub-markets:
1. Hormone Type: The market examination encompasses Combination Pills and Progestin Pills, with the latter expected to seize a significant market share during the forecast period.
2. Category: The study explores both Branded and Generic contraceptive pills, with Branded pills poised to capture a substantial market share in the forecast period.
3. Region: Geographically, the market extends across the Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas, further divided into Argentina, Brazil, Canada, Mexico, and the United States, is predicted to maintain a dominant market presence during the forecast period.
Market Dynamics:
Drivers:
- Rising adoption due to unintended pregnancies
- Government and NGO initiatives promoting contraceptive pills
- Increasing prevalence of sexually transmitted diseases (STDs)
Restraints:
- Adverse health impacts of contraceptive pills
Opportunities:
- Extensive availability of contraceptive pills through online and offline channels
- Introduction of generic contraceptive pills worldwide
Challenges:
- Concerns regarding the effectiveness of contraceptive pills
The report offers invaluable insights into:
Market Penetration: Comprehensive information about key players' market presence.
Market Development: Profound insights into emerging markets and penetration in mature market segments.
Market Diversification: Detailed information on new product launches, untapped geographical areas, recent developments, and investments.
Market Trends: Comprehensive understanding of the cumulative impact of COVID-19, the Russia-Ukraine Conflict, and high inflation.
Competitive Assessment & Intelligence: Exhaustive evaluation of market shares, strategies, products, certifications, regulatory approvals, patent landscapes, and manufacturing capabilities of leading players.
Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and groundbreaking product developments.
The report answers critical questions:
- What is the market size and forecast of the Global Contraceptive Pills Market?
- How do inhibiting factors and the impact of COVID-19 shape the Global Contraceptive Pills Market during the forecast period?
- Which products/segments/applications/areas are ideal for investment in the Global Contraceptive Pills Market over the forecast period?
- What is the competitive strategic window for opportunities in the Global Contraceptive Pills Market?
- What are the technology trends and regulatory frameworks in the Global Contraceptive Pills Market?
- What is the market share of the leading vendors in the Global Contraceptive Pills Market?
- Which modes and strategic moves are considered suitable for entering the Global Contraceptive Pills Market?
Key Attributes:
- No. of Pages: 197
- Forecast Period: 2023 - 2030
- Estimated Market Value (USD) in 2023: $20.29 Billion
- Forecasted Market Value (USD) by 2030: $33.43 Billion
- Compound Annual Growth Rate: 7.3%
- Regions Covered: Global
Companies Mentioned
- Abbvie Inc.
- Afaxys, Inc.
- Agile Therapeutics, Inc.
- Amneal Pharmaceuticals LLC
- Aurobindo Pharma Limited
- Bayer AG
- Janssen Pharmaceuticals, Inc.
- Mayne Pharma Group Limited
- Merck & Co. Inc.
- Mithra Pharmaceuticals, SA
- Pfizer Inc.
- Piramal Pharma Solutions
- Sanofi SA
- Teva Pharmaceuticals Industries Ltd.
- TherapeuticsMD, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/wgfsq1
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