The global contraceptives market size was USD 22.49 billion in 2021 and is projected to reach USD 30.15 billion by 2028, exhibiting a CAGR of 5.5% during the forecast period.
Contraception is defined as the intentional prevention of conception through the use of various devices, sexual practices, chemicals, drugs, or surgical procedures. Some barrier methods, like male and female condoms, also provide twin advantage of protection from sexually transmitted diseases (STDs).
Contraception allows them to put off having children until their bodies are fully able to support a pregnancy. It can also prevent pregnancy for older people who face pregnancy-related risks.
Contraceptive use reduces the need for abortion by preventing unwanted pregnancies. Female sterilisation is the most common contraceptive method used worldwide
Global Contraceptives Market Key Players are:-
Reckitt Benckiser Plc, Warner Chilcott Company, BioSante Pharmaceuticals Inc., Agile Therapeutics Inc., HLL Lifecare Limited, MANKIND Pharmaceuticals, TTK HealthCare, Boehringer Ingelheim GmbH, Watson Pharmaceuticals, Inc., V-Care Pharma Pvt. Ltd., Vardhman Life care pvt. Ltd., and Cipla Limited.
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- Oral Contraceptive Pills
- Injectable Contraceptives
- Topical Contraceptives
- Female Condoms
- Male Condoms
- Intrauterine Devices (IUDs)
- Hormonal IUDs