About Hormonal Contraceptive
Hormonal contraceptives such as the pill, the patch, and the vaginal ring contain a small amount of man-made estrogen and progestin hormones. These hormones inhibit the body's natural cyclical hormones to prevent pregnancy. It stops the body from ovulating. It can also change the lining of the womb, which makes it unlikely the fertilized egg will be implanted. It is primarily used for the prevention of pregnancy. It can be also prescribed for the treatment of polycystic ovary syndrome, menstrual disorders such as dysmenorrhea and menorrhagia, and hirsutism.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.31% |
The market for honeycomb sandwich materials is categorized into type and application sectors. In the upcoming years, the industry is expected to be dominated by the aluminum market category. This is brought on by a variety of factors, including as the growth of the auto industry, the manufacture of aircraft, and the increasing acceptance of lightweight and fuel-efficient cars. Weight also plays a big part in how effective an aircraft is in general. Due to its high mechanical qualities, aluminum honeycomb sandwich material offers significant potential in a variety of applications. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Hormonal Contraceptive market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ansell (Australia), Bayer AG (Germany), Church & Dwight Co (United States), Johnson & Johnson (United States), Merck & Co., Inc. (United States), Mylan N.V. (United States), Pfizer Inc. (United States), Teva Pharmaceutical Industries Ltd. (Israel), The Female Health Company (United States) and Organon International (Netherlands) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Afaxys, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hormonal Contraceptive market by Type (Oral Contraceptive Pills, Injectable Birth Control, Emergency Contraceptive Pills, Vaginal Rings and Transdermal Patches) and Region.
On the basis of geography, the market of Hormonal Contraceptive 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). If we see Market by Formulations, the sub-segment i.e. Combined Method will boost the Hormonal Contraceptive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Hormonal Contraceptive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Hormonal Contraceptive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Hormones, the sub-segment i.e. Androgens will boost the Hormonal Contraceptive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Awareness among People about Emergency Contraception and Increasing Adoption of Long-acting Contraceptive Methods
Market Growth Drivers:
Increased Use of Hormonal Contraceptives, Ease of Availability of the Contraceptives and Growing Number of Online Pharmacies
Challenges:
Stringent Government Rules and Regulations
Restraints:
Side Effects such as Headaches and Breakthrough Bleeding between Periods and Availability of the Alternative Products
Opportunities:
Growing Demand from Developing Countries, Growth in the Health Care Industry and Increasing Promotional Activities of the Companies
Market Leaders and their expansionary development strategies
In January 2020, Theramex has announced that it has entered into a definitive agreement to acquire further rights to Zoely, a patented oral contraceptive, from MSD, the tradename of Merck & Co., Inc., Kenilworth, NJ, USA. Theramex currently markets Zoely in eleven European countries, and this transaction will bring the total number of markets up to more than 50 on a global basis. MSD retains rights in the United States and Canada.
In July 2023, The U.S. Food and Drug Administration (FDA) approved Opill, a progestin-only (0.075-mg norgestrel) tablet. This progestin-only pill (POP) is approved without a prescription for adolescents and adults to prevent pregnancy.
Key Target Audience
Hormonal Contraceptives Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.