Global Hormonal Implants Market Overview:
Hormonal implants are referred to as a type of birth control present in the shape of a tiny tube which is placed under the skin of the upper arm of a woman. The Hormonal Implants prevents pregnancy and it is been effective for 3 years. The implant looks like the size of a toothpick and it is made of a flexible plastic which contains a type of medicine that is progestin hormone called etonogestrel. The market of the hormonal implant is rising due to the rising preferences about Increasing need for population control and increasing incident of abortion, while some of the factors like side effects and growing occurrence of infertility amongst women is further restricting the use of hormonal implants. Some of the key players profiled in the study are Bayer HealthCare (Germany), Merck (United States), Shanghai Dahua Pharmaceuticals (China), Mayo Clinic Hospital (United States), HowuKnow (Malaysia), Allergan (Ireland), Medical Xpress (Isle of Man), NHS (United Kingdom), Sexwise (United Kingdom) and Planned Parenthood (United States).
On the basis of geography, the market of Hormonal Implants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Drivers
- Increasing need of population control and increasing incident of abortion
- Governmental initiatives for minimizing unwanted pregnancy
- High incident rate of unintended pregnancies is leading to unmet hormonal implants needs
Market Trend
- Increasingly causing working-class women to postpone pregnancy in both developed and developing economies
Restraints
- The side effects associated with the use of hormonal implants
Opportunities
- Ethical and social issues restrict the use of subsidies on hormonal implants in some countries
- Presence of large hormonal implants needs in emerging Asian and African countries
Challenges
- Rising occurrence of infertility amongst women is restricting the use of hormonal implants
- Social and ethical issues are expected to restrict the use of birth control activity in the near future
The global hormonal implants market is new competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market who are already in the contraceptive segment. And those players are acquiring small players to make their footprint stable in this market.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Hormonal Implants market on the basis of product [Levonorgestrel Hormonal Implants and Etonogestrel Hormonal Implants] , application [Hospitals, Clinics and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Hormonal Implants market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Hormonal Implants industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Hormonal Implants market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.