Industry Background:
Contraceptive patch is a small thin which can be applied to any part of body except the breasts. There is only one patch available in market is called as Evra Patch. For getting this it require doctor’s prescription and also available on the Medical Card Scheme. This hormones into your body through your skin to prevent pregnancy. It has major market share from United Kingdom. More than 99% of women aged 15–44 who have ever had sexual intercourse have used at least one contraceptive method, in Europe especially for Contraceptive Patch.This growth is primarily driven by Increasing Adoption in Emerging Countries, Rising Prevalence of Sexually Transmitted Diseases Globally and Increase Significance of Family Planning.
Globally, a noticeable market trend is evident Interests towards Long-Acting Contraceptives. Major Players, such as Xulane (United States), Mayo Clinic Hospital (United States), HowuKnow (Malaysia), Allergan (Ireland), Medical Xpress (Isle of Man), NHS (United Kingdom), Sexwise (United Kingdom), Planned Parenthood (United States) and Brook (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Jan 2019, Innovative Microneedle Technology Developed and Proved as Effective and Pain-Free Method of Delivering Contraception across the World’s Poorest Countries. Under This Project Develop Microneedle Patches That Have Painlessly And Administered.
Market Drivers
- Increasing Adoption in Emerging Countries
- Rising Prevalence of Sexually Transmitted Diseases Globally
- Increase Significance of Family Planning
Market Trend
- Interests towards Long-Acting Contraceptives
Restraints
- Less Availability in Market Can Hamper the Growth of Market
Opportunities
Increases Demand among Youth Can Expect High Growth In Future and Supportive Government Regulations and Initiatives Taken By the Regulatory Bodies to Increase Awareness Regarding the Sexually Transmitted Diseases Are Some Other Factors That Are Significantly Fuelling the Market Growth
Challenges
More Expensive Than the Contraceptive Pill and Does Not Protect Against Sexually Transmitted Infections
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Contraceptive Patch Study Sheds Light on
The Contraceptive Patch Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Contraceptive Patch industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Contraceptive Patch industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.