Contraceptive Drugs and Devices Market Research Report - Global Industry Analysis, Size , Trend and Forecast to 2020

Contraceptive drugs and devices market is expected to grow over the forecast period owing to the increasing prevalence of sexually transmitted diseases such as HIV & HPV and growing population. The other drivers of this market are increasing government & NGO’s programs against the abortion, social & political consideration, and changing lifestyle. Contraceptive drugs & devices are the commonly known for birth and fertility control and are used to avoid pregnancy. Function of these devices & drugs is to change ovulation mechanism by acting as a physical barrier between ovum and sperm. Lack of contraception results have impacted on healthcare costs due to the unwanted abortions and pregnancies. The usage, planning and provisions of contraceptives are known as family planning. There are various advantages attached to the contraceptive drugs & devices as it helps in the prevention of spread of sexually transmitted diseases. Family planning includes application of intra-uterine devices, sterilization, hormonal barrier as a method for birth control. Apart from these, there are emergency controls, dual protection and behavioral are available for prevention of pregnancy. Global market for contraceptives encompasses female contraceptive devices, male contraceptive devices, and vaginal, oral, and injectable contraceptive drugs. These contraceptive devices and drugs are available globally in almost all the outlets ranging from chemists, pharmacies, fertility centers and reproductive health centers. All the sexually active females at childbearing age are at a risk of unwanted pregnancies due to unsafe sex. There has been tremendous growth in the sexually transmitted diseases sector and the global population, due to the lack of awareness about the contraceptive drugs and devices. All these have generated awareness among the people to curb unplanned and unwanted pregnancies. This market has a huge unmet opportunity over the forecast period.

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