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Thursday, April 18, 2024

Lucintel Forecasts the Global Hormonal Contraceptive Market to Reach $20 Billion by 2030

According to a market report by Lucintel, the future of the global hormonal contraceptive market looks promising with opportunities in the combination hormonal contraceptive and progestin only markets. The global hormonal contraceptive market is expected to reach an estimated $20 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are growing awareness regarding hormonal contraception method in emerging economies and surge in investments by the major players for the R&D of novel contraceptive devices.

A more than 150–page report is developed to understand Trends, opportunity and forecast in hormonal contraceptive market to 2030 by method (pill, intrauterine device, injectable, vaginal ring, implant, and patch), hormone (combination hormonal contraceptive and progestin only), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, pill, intrauterine device , injectable, vaginal ring, implant, and patch are the major segments of hormonal contraceptive market by method. Lucintel forecasts that pill will remain the largest segment over the forecast period due to increasing awareness about the pills.

Within this market, combination hormonal contraceptive will remain the larger segment.

Download sample by clicking on hormonal contraceptive market

APAC is expected to witness highest growth over the forecast period due to presence of large pool target population and rise in investment by key players in the region.

AbbVie, Afaxys, Teva Pharmaceuticals Industries, Bayer, Organon, Pfizer, Agile Therapeutics, Janssen Pharmaceutical, Lupin Pharmaceutical, and Pregna International are the major suppliers in the hormonal contraceptive market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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