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

 

Contraceptives
Contraceptives

Human rights are becoming increasingly important in contraceptive services and programmes. Some of the challenges that healthcare providers and facility managers face in ensuring human rights aspects are integrated into their services include providing high-quality contraceptive services, autonomy and method choice, and respecting the provision of care.

Over the forecast period, rising population is expected to drive growth in the global emergency contraceptives market. For example, according to Population Reference Bureau (PRB) projections included in the 2018 World Population Data Sheet, the world population is expected to reach 9.9 billion by 2050, an increase of 2.3 billion or 29% from an estimated 7.6 billion in 2018.

Furthermore, the increasing emphasis on family planning among the populace is expected to aid in market growth. According to the PRB's 2019 Family Planning Data Sheet, 62% of married women aged 15 to 49 use a method of family planning, with 56% using a modern method.

Contraceptive use is expected to skyrocket in the next five years. The Contraceptives Market is expected to grow further as new contraceptives are introduced and various research studies and government trials are conducted. The market's expansion could be attributed to a variety of factors, including increased consumer awareness of STDs, unintended pregnancies, and population control. Contraceptive demand will skyrocket as a result of these factors, particularly in developing countries.

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