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Global Contraceptive Pills Market - Expected to Reach $1 Billion by 2019 - Research and MarketsThe "Global Contraceptive Pills Market - Growth, Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering. The global market for contraceptive pills is estimated to be USD 680 million in the year 2014. This market is expected to reach USD 1.03 billion by the end of 2019. During this period, the market is estimated to grow at a CAGR of 8.72%. Contributing to the growth of the contraceptives market globally is the necessity to avoid unwanted pregnancies and their complications. A high percentage of women who are sexually active do not want to become pregnant. This number is as high as 70% in the USA. The need to avoid unwanted pregnancies, especially in the teenage women, is one of the major drivers for this market. It is also observed that more than half of the women identify non-contraceptive health benefits, such as treatment for excessive menstrual bleeding, menstrual pain, and acne, as reasons for use. This is also one of the factors contributing to the growth of the market. The other factors helping the growth of the contracepties market are the increasing incidence of STDs and the rapid increase in population. Government initiatives promoting the use of contraceptives to avoid unnecessary births and the health benefits from using the contraceptives have also been important players in the growth of the market. Factors such as religious and cultural opposition in certain emerging nations have been restraining the growth of this market. Along with this, the fear of certain side effects and issues such as infertility resulting from the use of contraception have been major setbacks from the market point of view. Issues such as limited access to contraception in the developing and economically backward nations have been another setback to this market. It is estimated that among the global female population, the need for contraceptive prevalence or meeting the needs of family planning is estimated to as high as 16.2%. Companies Mentioned:
Key Topics Covered: 1. Introduction 2. Executive Summary 3. Market Overview 4. Global Market for Contraceptive Pills 5. Competitive Landscape 6. Company Profiles 7. Appendix For more information about this report visit https://www.researchandmarkets.com/research/2wxl36/global View source version on businesswire.com: http://www.businesswire.com/news/home/20170906005917/en/ |
