San Francisco, CA - Hormonal
Contraceptive Market is expected to reach USD 26.2 billion by 2025. The
hormonal contraceptive is termed as a birth control method, which acts on an
endocrine system. The method is mainly used to prevent ovulation using female
hormones. Progesterone and/or estrogen, or combination of these hormones are
the two main forms of hormonal contraception.
These hormones may be implanted into body tissue, absorbed
from a patch on the skin, may be taken orally, injected under the skin, or
placed in the vagina. The Hormonal Contraceptive Market is estimated to grow at
a significant CAGR of 4.0% over the future period as the scope and its
applications are rising enormously across the globe.
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High demand for hormonal contraception for birth control,
growing female population, urbanization and raised awareness regarding hormonal
contraception, and availability of low cost contraceptive practices are
documented as major factors of Hormonal Contraceptive Market that are estimated
to enhance the growth in the years to come. However, adverse side effects and
key barrier for global market are the factors that may restrain overall market
growth in the coming years. Hormonal Contraceptive Market is segmented based on
product type, methods, end use, and region.
Implantation, oral pill, injection, skin patch, intrauterine
device (IUD), and other products could be explored in Hormonal Contraceptive
Market in the forecast period. Oral pill is also termed as “the pill” that
contains grouping of female hormones, progesterone and estrogen. The pill helps
to prevent the risk of pregnancy by keeping the lining of the uterus thin and
by avoiding ovulation. Intrauterine device (IUD) is a T-shapes small device,
which is implanted into uterus that help to prevent pregnancy. The effect of
device is for many years and can be removed at certain period. Hormonal IUD and
Copper IUD are the two main intrauterine devices.
Globally, North America accounted for the largest market
share of Hormonal Contraceptive in terms of revenue and is estimated to
continue its dominance in the coming years. The reason behind growth of overall
market could be presence of key manufacturers in the region and comfort of use.
Instead, Europe and the Asia Pacific are also estimated to have a positive
influence on the future growth. Europe is the second largest region with
significant market share. However, Asia Pacific is estimated to grow at fastest
pace with the highest CAGR in the foremost period. The developing countries
like India and China are the major consumers of this market in the region.
Regional Analysis For
Hormonal Contraceptive Market:
For comprehensive understanding of market dynamics, the
global Hormonal Contraceptive Market is analyzed across key geographies namely:
North America, Europe, Asia-Pacific, Latin America and Africa. Each of these
regions is analyzed on basis of market findings across major countries in these
regions for a macro-level understanding of the market.
Significant Features
that are under Offering and Key Highlights of the Reports:
1
Detailed overview of Hormonal Contraceptive Market
2
Changing market dynamics of the industry
3
In-depth market segmentation by Type,
Application etc
4
Historical, current and projected market size in
terms of volume and value
5
Recent industry trends and developments
6
Competitive landscape of High-Performance Alloys
Market
7
Strategies of key players and product offerings
8
Potential and niche segments/regions exhibiting
promising growth.
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Insights, Download Brochure @ https://www.millioninsights.com/industry-reports/hormonal-contraceptive-market
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