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The global contraceptive pills market size reached a value of USD 19.39 billion in 2023. The market is further expected to grow at a CAGR of 3.9% during the forecast period of 2024-2032, likely to attain a value of USD 27.41 billion by 2032. The growth of the market is likely to be driven by the rapid technological developments.
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North America is anticipated to account for a significant share of the global contraceptive pills market in the forecast period. The region is projected to uphold its dominance throughout the forecast period, owing to the high incidence of unintended pregnancies, rise in awareness regarding contraceptive pills, the surge in adoption of modern contraceptive drugs, and an alarming increase in the prevalence of sexually transmitted diseases, such as HIV/AIDS. The United States controls a significant portion of the North American contraceptive pill market. The United States government has initiated several awareness programs about contraception and family planning, which has fuelled the industry's revenue. Several organisations are also working in the country to accomplish strategic projects. According to data published by the Bill & Melinda Gates Foundation in 2023, the foundation plans to spend USD 280 million per year from 2021 to 2030 on developing new and improved contraceptive technologies, supporting family planning programmes that reflect local community preferences, and allowing women and girls to be in control of their contraceptive care.
Due to a large population base and proactive activities by governmental organisations for birth control and awareness within developing countries, Asia Pacific is expected to increase at the fastest rate during the projected period. In addition, the availability of cost-effective contraceptive pills in this region proposes profitable opportunities for contraceptive drug manufacturers. The launch of awareness programs by government agencies and other regulatory bodies to increase the homecare usage of contraceptive pills is likely to drive the contraceptive pills market in the Asia Pacific region.
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The contraceptive pill, also known as the birth control pill, is a kind of birth control administered orally to women. It contains an oestrogen and a progestogen combination (specifically a progestin). When used correctly, it disrupts the menstrual cycle, preventing ovulation and pregnancy.
By type, the market includes:
The several distribution channels of the market are:
The regional markets for the contraceptive pills industry can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
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The rising awareness among consumers about sexual health is expected to increase the demand and adoption of birth control methods, thereby augmenting the growth of contraceptive pills market. The upsurge in contraception has reduced the risk of sexually transmitted infections and enhanced health-related outcomes, comprising maternal and infant mortality. The rise in awareness of modern contraceptives, increasing use of safe and effective oral pills, and health complications related to teenage pregnancies further stimulate market expansion. Also, various government programs have increased access to contraceptives, which help prevent unwanted pregnancies in teenagers. Development, approval, and commercialisation of new, more effective, and long-acting reversible contraceptive methods are expected to drive the industry growth during the forecast period. For instance, Agile Therapeutics developed a hormonal patch, Twirla, introduced in the United States in the fourth quarter of 2020. The launch of generic and low-cost drugs and devices has led to an increase in the demand for contraceptives by teenagers. Further, the rising number of unwanted pregnancies is also one of the major factors driving the demand for contraceptive pills, thereby contributing to the market growth.
The report gives a detailed analysis of the following key players in the global contraceptive pills market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Drug Type |
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| Breakup by Therapy Type |
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| Breakup by Age Group |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global contraceptive pills market attained a value of nearly USD 19.39 billion.
The market is projected to grow at a CAGR of 3.9% between 2024 and 2032.
The major drivers of the market include the rise in the prevalence of sexually transmitted diseases, large population base, rise in awareness of modern contraceptives, increasing use of safe and effective oral pills, various government programs, commercialisation of new, more effective, and long-acting reversible contraceptive.
The rising awareness about sexual health and the increasing number of unwanted pregnancies are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different types of contraceptive pills include progestin-only pills and combined contraceptive pills.
The several distribution channels of the market include online pharmacy, hospital pharmacy, retail pharmacy, public channel and NGO, and clinics, among others.
The major players in the industry are Janssen Global Services, LLC, Pfizer Inc., Teva Pharmaceuticals Industry Ltd., Merck & Co. Inc., and Allergan, plc, among others.
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Vietnam
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+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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