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Hormonal Contraceptive Trends and Forecast
The future of the global hormonal contraceptive market looks promising with opportunities in the combination hormonal contraceptive and progestin only markets. The global hormonal contraceptive market is expected to reach an estimated $19.8 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are growing awareness regarding hormonal contraception method in emerging economies and surge in investments by the major players for the R&D of novel contraceptive devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Hormonal Contraceptive by Segment
The study includes a forecast for the global hormonal contraceptive by method, hormone, and region.
List of Hormonal Contraceptive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hormonal contraceptive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hormonal contraceptive companies profiled in this report include-
Hormonal Contraceptive Market Insights
Lucintel forecasts that pill will remain the largest segment over the forecast period due to increasing awareness about the pills.
Within this market, combination hormonal contraceptive will remain larger segment.
APAC is expected to witness the highest growth over the forecast period due to presence of large pool target population and rise in investment by key players in the region.
Features of the Global Hormonal Contraceptive Market
Market Size Estimates: Hormonal contraceptive market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hormonal contraceptive market size by method, hormone, and region in terms of value ($B).
Regional Analysis: Hormonal contraceptive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different methods, hormones, and regions for the hormonal contraceptive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hormonal contraceptive market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the hormonal contraceptive market size?
Answer: The global hormonal contraceptive market is expected to reach an estimated $19.8 billion by 2030.
Q2. What is the growth forecast for hormonal contraceptive market?
Answer: The global hormonal contraceptive market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the hormonal contraceptive market?
Answer: The major drivers for this market are growing awareness regarding hormonal contraception method in emerging economies and surge in investments by the major players for the R&D of novel contraceptive devices.
Q4. What are the major segments for hormonal contraceptive market?
Answer: The future of the hormonal contraceptive market looks promising with opportunities in the combination hormonal contraceptive and progestin only markets.
Q5. Who are the key hormonal contraceptive market companies?
Answer: Some of the key hormonal contraceptive companies are as follows:
Q6. Which hormonal contraceptive market segment will be the largest in future?
Answer: Lucintel forecasts that pill will remain the largest segment over the forecast period due to increasing awareness about the pills.
Q7. In hormonal contraceptive market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to presence of large pool target population and rise in investment by key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.