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Contraceptives Market share to exceed $33bn by 2023

Get more details @ http://bit.ly/2kRmh5t <br>The prominent players in this contraceptives market include Pfizer, Inc. Mayer Laboratories, Inc. Cooper Surgical, Merck & Co., and Actavis PLC among others.

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Contraceptives Market share to exceed $33bn by 2023

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  1. Contraceptives Industry size to exceed USD 33 billion by 2023: Fractovia.org Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights of Contraceptives Market: • Rising concerns regarding the population growth as well as increasing numbers of Sexually Transmitted Diseases (STD) are primarily the factors driving the industry growth. • As per CDC (Centers for disease control and prevention), 19 million cases of STD infection are registered every year among people aged between 15 to 24. It also suggests that 24000 women infertility cases are registered every year as a result of STDs. Moreover, half a million STD cases are diagnosed every year in the UK. • Another research from CDC depicts that 37% birth in US comes under the category of unwanted pregnancy. The U.S. federal policy has mandated contraceptives coverage by health insurance companies and has also permitted availability of emergency contraceptives (ECs) over-the-counter (OTC). • The government is supporting the use of contraceptives in order to control the population growth, and also to curb the healthcare expenditure incurred during abortions and other sexual diseases.

  3. Continued… • The contraceptives market comprises mainly of two broad segments- drugs and devices. The drug segment includes Oral Contraceptive Pills, Topical, and Injectable drugs. • Contraceptive devices can be classified as Condoms, Sponges, Diaphragms, Subdermal Implants, Vaginal Rings, Hormonal IUD, and Copper IUD. • The North America contraceptives market is set to be the dominating region with revenue expectations of USD 8.9 billion by 2023. Factors like increasing awareness, rising abortion rates, and growing population of the women aged 15-44 will drive the regional growth over the coming period. • Awareness programs via free sample distribution and government initiatives will boost the LATAM contraceptives market size. LATAM market is estimated to record a CAGR of 8.6% over 2016-2023. • Major industry participants are Pfizer, Mayer Laboratories, Inc., Merck & Co., CooperSurgical, Inc., and Allergan PLC. The contraceptives industry is a fragmented industry with business space shared fairly by the new entrants as well as the established players.

  4. North America contraceptive devices market size, by product, 2016-2023 (USD Million)

  5. Browse Full Market Research Report Contraceptives Market @ http://bit.ly/2kbovdo Request for a Sample of this Research report @ https://www.fractovia.org/request-sample/191

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