Global Oral Contraceptive Pills Market Projected to Expand at ~6% CAGR, Rising Number of Unplanned Pregnancies Drives Market Demand: TMR

Global Oral Contraceptive Pills Market Projected to Expand at ~6% CAGR, Rising Number of Unplanned Pregnancies Drives Market Demand: TMR

PR Newswire

ALBANY, N.Y., Nov. 12, 2020

- Global oral contraceptive pills market is likely to show upward graph of sales on the back of increased initiatives by government authorities to grow awareness and promote the use of advanced contraceptive methods

- The North America oral contraceptive pills market is estimated to continue its dominance during the assessment period

ALBANY, N.Y., Nov. 12, 2020 /PRNewswire/ -- The global oral contraceptive pills market is projected to gather lucrative avenues during the assessment period 2019–2027. One of the key factors attributed to this growth is increased instances of unintended pregnancies all across the globe.

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Contraceptive pill refers to a daily pill that helps in prevention of unwanted pregnancy. These pills are also known as birth control pills. At present, there are two product types available in the market, namely, progestin-only pill and combination pill with two hormones (progestin and estrogen).

Analysts at TMR are of the opinion that the global oral contraceptive pills market will show growth at a CAGR of ~6% during assessment period of 2019 to 2027. The market is foreseen to gain the advantage of increased initiatives by government bodies as well as NGOs across the world to grow awareness about family planning.

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Key Findings of Oral Contraceptive Pills Market Report

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Oral Contraceptive Pills Market: Key Driving Factors and Promising Avenues

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Oral Contraceptive Pills Market: Competitive Assessment

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The report performs study of the global oral contraceptive pills market by segmenting it as follows:

Type

Category

Region

Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:

Gynecological Devices Market: According to the report, the global Gynecological devices market was valued at US$  17,449.09 Mn in 2018 and is anticipated to expand at a CAGR of 3.8% from 2019 to 2027, rise in incidence of gynecological diseases across the globe, Increase in patient preference for minimally invasive therapies, increase in healthcare expenditure and awareness about the gynecological are projected to drive the market

Hormonal Contraceptive Market: The demand within the global hormonal contraceptives market is rising at a stellar pace in recent times. There has been an increase in the use of birth control methods, especially across high-population regions. Several countries are encouraging the use of contraceptives to control birth rates and manage the exponential rise in population.

Women's Health Market: The global women's health market is likely to be adversely impacted by the ongoing outbreak of coronavirus across the globe. While the health of women, particularly in countries with a poor record in violence against women and health of women, continue to overlook the health-related needs of women, particularly working women who continue to work from home and do household chores at the same time

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