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Contraceptives Market share to hit $33bn by 2023

Get more details @ http://bit.ly/2e4MtI7 <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 hit $33bn by 2023

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  1. Global Contraceptives Market to grow at over 6.8% CAGR by 2023: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Contraceptives Market: • The Contraceptives Market is expected to foresee significant growth and surpass USD 33 billion at a growing CAGR of over 6.8% by 2023. • Population on rise, increased awareness of family planning, and growing prevalence of STDs (sexually transmitted diseases) are the prime factors contributing to the surge. The advent of new products with superior efficacy is projected to further the market growth over the estimated period. • Furthermore, awareness programs held by NGOs and government, campaigns regarding sex education to encourage the use of contraceptives globally are also influencing the market positively. • Contraception, also known as fertility or birth control, refers to the use of devices, drugs or methods to avoid pregnancy as a result of sexual intercourse. Contraception methods are available to both women and men.

  3. Continued... • The demand for contraceptive sponges and condoms is anticipated to propel market growth during the projected time frame. Condoms provide both effective birth control and prevention from STDs. • They are expected to continue its dominance as the most preferred and lucrative segment worldwide owing to its low cost and widespread availability. • North America is expected to dominate the region segment and register high gains, especially due to U.S. market during the forecast period. APAC, particularly India and China, is anticipated to upsurge over 30% of global revenue by 2023. • The market is highly competitive and major market participants include Mayer Laboratories, Inc. Pfizer, Inc. Merck & Co., Cooper Surgical, and Actavis PLCs. Product innovation to meet the rising demand for modern contraceptive methods is an important approach for market players.

  4. UK Contraceptive Devices Market size, by Product, 2012-2023 (USD Million)

  5. Browse Full Market Research Report On Contraceptives Market @ http://bit.ly/2lP73xu Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/430

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