SAN FRANCISCO, Sept. 24, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Contraceptives - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 16; Released: April 2021 Executive Pool: 7311 Companies: 92 - Players covered include Agile Therapeutics, Inc.; Allergan plc; Ansell Limited; Bayer AG; Church & Dwight Co., Inc.; CooperSurgical Inc.; Fuji Latex Co. Ltd.; Janssen Pharmaceuticals, Inc.; Karex Berhad; Mankind Pharma Ltd.; Okamoto Industries, Inc.; Pfizer Inc.; Piramal Enterprises Ltd.; Reckitt Benckiser Group Plc.; Sagami Rubber Industries Co., Ltd.; Teva Pharmaceutical Industries Ltd.; Thai Nippon Rubber Industry Co., Ltd. and Others. Coverage: All major geographies and key segments Segments: Product Type (Drugs, Devices); Gender (Female, Male); End-Use (Household, Hospitals, Clinics) Geographies: World; United States; Canada; Japan; China; Europe ( France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific ( Australia; India; South Korea; and Rest of Asia-Pacific); Latin America ( Argentina; Brazil; Mexico; and Rest of Latin America); Middle East ( Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Contraceptives Market to Reach $28 Billion by 2026Amid the COVID-19 crisis, the global market for Contraceptives estimated at US$21.7 Billion in the year 2020, is projected to reach a revised size of US$28 Billion by 2026, growing at a CAGR of 4.3% over the analysis period. Drugs, one of the segments analyzed in the report, is projected to record a 4.6% CAGR and reach US$18.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Devices segment is readjusted to a revised 3.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6 Billion in 2021, While China is Forecast to Reach $5.9 Billion by 2026The Contraceptives market in the U.S. is estimated at US$6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.9 Billion by the year 2026 trailing a CAGR of 7.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 3.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. More
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SOURCE Global Industry Analysts, Inc.