SA-BRC is pleased to announce the initiation of research on “Global Contraceptives Market“.
Contraceptive products and methods prevent pregnancy through various methods and techniques. The history of contraceptive methods goes way back to the 17th and 18th century. Early birth control methods consisted of condoms and diaphragms made from vulcanized rubber, prior to which abstinence was the only known effective birth control or contraception method. Over the years however, the sexual activity in younger age groups has increased dramatically and exponentially across the world. Until the end of the Comstock Act in United States, the awareness of contraception was significantly low and resulted in most unplanned pregnancies. Even today religious opinions and sentiments are often known to deter several communities from opting for birth control methods.
With changing times and relaxing of conservative regulations, there has been a remarkable increase in use of birth control throughout the world. By 1960s, the US FDA had approved several birth control products such as the IUD and growing number of hormone based drugs following the Yuzpe regimen of birth control. The contraceptives market today has become very competitive and thrives due to a large number of sexually active younger population as well as older generations. According to research by the Guttmacher Institute, among unmarried 15 to 19 year-olds, 44% of females and 49% of males had had sexual intercourse and this level has remained steady since 2002. The growing awareness of numerous sexually transmitted diseases has led to the proliferation of birth control products with growing number of devices being used as protection against both pregnancy and STDs. Due to this male and female condoms remain the most popular birth control methods today and by extension the largest markets by volume.
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This report provides insight on the numerous birth control or contraceptives products market. It includes devices such as birth control implants, intrauterine devices, contraceptive patches, contraceptive injections, cervical caps, sponges, vaginal rings, male and female condoms, pills and diaphrams and includes surgical interventions as well. Broadly classifying, the contraceptive products and devices market are classified into products targeted for males and females. The market is also segmented by the product category such as Long acting Reversible Contraception, Hormonal Methods, Contraception Barriers, Sterilization and Emergency Contraception.
The modern contraceptives market has been thriving for a significant period of over 50 years now making it mature and highly fragmented across the world. There are numerous players in each segment, however several noteworthy companies competing in both drug based as well as device based segments stand out compared to the rest. These key players include Cooper Surgical, Pfizer, The Female Health Company, Teva Pharmaceuticals, Church & Dwight Co., Inc, Karex, Hindustan Latex Ltd (HLL), Cupid Limited, Okamoto, Ansell, FC Company and several others.