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North America Contraceptives Market Flipbook PDF
North America Contraceptives Market
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North America Contraceptives Market is predicted to witness over 7.3% CAGR by 2028 North America Contraceptives Market To Hit USD 8.8 Bn By 2028. North America contraceptive market forecast will be powered by the rising awareness regarding sexual well-being amongst millennials and Gen Z. Since the concerns regarding the high prevalence of sexually transmitted infections (STIs) have been growing, more youth are adopting effective protection methods.
According to the estimates of the World Health Organization (WHO), more than 1 million STIs are acquired on a daily basis worldwide. During 2020, the number of new cases reached 374 million, with syphilis, chlamydia, and gonorrhea ranking at the top. In the U.S., a large percentage of the adolescent female population suffers from human papillomavirus (HPV) and trachomatis. Addressing these problems, the regional governments have been implementing targeted measures. For instance, the U.S. federal government has been formulating prevention strategies under its STI National Strategic Plan and condom distribution programs (CDPs). North America birth control pills market size will grow over the next few years, as more young girls and women have been embracing latest contraception technologies. Regional obstetrics and gynecologists have been recommending the use of best contraceptive drugs for preventing unwanted pregnancies. The drugs segment in North America accounted for nearly 55% of the market share during 2021. With hormonal pills becoming quite popular due to their higher affordability, convenience, and reliability, the oral contraceptive pills industry share in Canada is growing. In the U.S., a large number of women heavily rely on these products. The data published by the National Centers for Biotechnology Information (NCBI) reveals that more than 25% of the women aged between 15 and 44 reported preferring oral contraceptive pills over other options during 2021 in the nation. Canada contraceptives market size will record a promising 6% CAGR between 2022 and 2028, reaching about $442 million by the end of the forecast timeframe. The Canadian government has been significantly proactive in promoting women’s reproductive health and well-being. Organizations such as Canada Health Care have been seeking to improve the facilities provided to marginalized and minority groups. With feminist groups campaigning for the reproductive rights of women, Canada’s birth control devices market is growing steadily. Recently, in May 2022, Canadian medical students urged the 1|Page
federal government to make contraceptive products universally available to everyone free of cost. Medical coverage offered by private insurances and provincial governments alike often excludes contraception, leading to unplanned pregnancies. As these pregnancies lead to education disruption and unanticipated costs, among other disadvantages, product penetration will grow across the region. North America contraceptives industry participants have been seeking product approvals to gain a larger market share. In February 2022, the U.S. Food and Drug Administration authorized the use and marketing of the One Male Condom, the first condom specifically designed to prevent STIs during anal intercourse. With more authorizations advancing health equity via safe and effective products, the needs of a diverse range of customers will be met by top brands in the U.S. condoms market.
Segments North America Contraceptives Market; North America Market, By Product •
Drugs o o o
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Oral Contraceptive Pills Injectable Contraceptives Topical Contraceptives Devices o Condoms • Male • Female o Diaphragms o Contraceptive Sponges o Vaginal Rings o Sub-dermal Implants
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Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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