Contraceptives Market Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

 

Contraceptives Market
Contraceptives Market

It is well known that contraceptives have both contraceptive and non-contraceptive health benefits. For instance, oral contraceptives can not only prevent pregnancy but also reduce the risk of ectopic pregnancies, ovarian, and endometrial cancer. Over the next ten years, the demand for contraceptives is anticipated to rise as the risks of morbidity and mortality associated with pregnancy and delivery become more widely known. A rise in the sales of all contraceptive products is also likely to result from the development of more effective male contraceptives. Male contraceptives are expected to see a high demand due to the increased use of male condoms even though female contraceptives currently dominate the Contraceptives market.

Approximately 1.1 billion of the 1.9 billion women in the world who are reproductive-age (15 to 49) in 2019 need family planning, according to the World Health Organization. Programs and services for contraception are increasingly emphasising the value of human rights. The increased use of contraception has improved health-related outcomes, including maternal and infant mortality, and decreased the risk of sexually transmitted infections.

Growing populations mean that many women in developing nations who are of reproductive age have needs and requirements that are frequently unmet. Many of these women lack access to contraception, are limited in their method of choice, are confronted with social and religious issues, receive subpar care, and face gender-based obstacles. All these unmet needs frequently result in unintended pregnancies and other health problems. Many governments and non-governmental organisations are taking action to encourage the use of contraceptives market in order to combat this. To increase sales, many manufacturers are also looking to expand their operations and services into developing nations.

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