Contraceptive Drug Market Statistics, Regional Analysis, and Key Players by 2031

Coverage: Contraceptive Drug Market covers analysis By Type ( Oral Contraceptive Pills, Injectable Contraceptives, Topical Contraceptives ); End User ( Hospitals and Clinics, Home Care Settings ) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00019595
  • Category : Life Sciences
  • No. of Pages : 150
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The Contraceptive Drug Market is expected to register a CAGR of 8.95% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Type (Oral Contraceptive Pills, Injectable Contraceptives, Topical Contraceptives); and End User (Hospitals and Clinics, Home Care Settings) . The global analysis is broken down at the regional level and for major countries. The market evaluation is presented in US$ for the above segmental analysis.

Purpose of the Report

The report Contraceptive Drug Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Contraceptive Drug Market Segmentation

Type
  • Oral Contraceptive Pills
  • Injectable Contraceptives
  • Topical Contraceptives
End User
  • Hospitals and Clinics
  • Home Care Settings

Strategic Insights

Contraceptive Drug Market Growth Drivers
  • Increasing Awareness of Family Planning: The growing awareness of family planning and reproductive health is a significant driver for the contraceptive drug market. Education and awareness programs led by both government and non-government organizations have helped shift societal views on contraception, encouraging more individuals to take control of their reproductive health. As access to information increases, more people, particularly in emerging markets, are adopting modern contraceptive methods. This awareness shift is especially pronounced among women in their reproductive years, who are seeking more reliable and convenient forms of contraception. The increasing prevalence of women in the workforce and the rising demand for family planning solutions have also accelerated the adoption of contraceptive drugs. Furthermore, in countries with high population growth, governments are increasingly promoting family planning initiatives, further fueling the demand for contraceptive medications. These factors are expected to drive market growth by ensuring greater accessibility and usage of contraceptive drugs across diverse demographics. As contraceptive drugs become more widely accepted as essential healthcare tools, market share for contraceptive products continues to grow, particularly with new formulations offering better safety profiles and effectiveness.
  • Rising Health Concerns and Female Empowerment: A growing focus on women's health and empowerment is contributing to the expansion of the contraceptive drug market. In particular, women are increasingly seeking control over their reproductive health as part of broader movements for gender equality and empowerment. Access to contraception is seen as a fundamental aspect of women’s health, and modern contraceptive drugs provide women with the ability to make informed choices about family planning. This trend is gaining momentum, particularly in developed countries, where women have greater access to healthcare and reproductive services. The increased focus on women's autonomy and reproductive rights has led to greater acceptance of contraceptive drugs, which allow women to decide when and how to have children. The increasing awareness of the links between reproductive health and broader health outcomes, such as improved maternal and child health, is also driving the demand for contraceptive medications. This growth in awareness and empowerment is especially evident in emerging markets, where the rising education of women and healthcare access are shifting attitudes toward contraception. The contraceptive drug market is benefiting from these changes, as more women turn to modern, effective, and affordable contraception methods to manage their reproductive health.
  • Government Initiatives and Subsidies: Government initiatives aimed at promoting reproductive health and family planning are significant drivers of the contraceptive drug market. Governments in both developed and developing countries are increasingly supporting family planning programs, recognizing the importance of controlling population growth and improving public health. These initiatives often include subsidies and incentives to make contraceptive drugs more affordable and accessible to a broader population. For instance, in countries with high birth rates, government-funded healthcare programs may provide contraceptive drugs for free or at a reduced cost, increasing their accessibility to underserved populations. Additionally, many nations have integrated family planning into their public health agendas, with governmental organizations working alongside NGOs and healthcare providers to distribute contraceptive products. The global push for universal healthcare also ensures that contraceptive drugs are included in the basic health services offered to citizens, further driving the market. As a result, government-driven healthcare policies continue to create opportunities for manufacturers of contraceptive drugs to expand their market share and reach new customers. These initiatives are expected to be a key factor in the sustained growth of the contraceptive drug market, particularly in low- and middle-income countries.
Contraceptive Drug Market Future Trends
  • Shift Toward Long-Acting Contraceptive Methods: One of the most prominent trends in the contraceptive drug market is the increasing preference for long-acting contraceptive methods, such as implants, IUDs, and injections. These methods offer several advantages over traditional daily oral contraceptives, including better efficacy, lower risk of user error, and longer-lasting effects. Long-acting reversible contraceptives (LARCs) are gaining popularity due to their convenience, as they do not require daily administration, making them an attractive choice for women with busy lifestyles. According to the World Health Organization (WHO), LARCs are becoming the preferred choice of contraception in many developed countries, with the adoption rate growing steadily. The trend towards long-acting methods is expected to continue, driven by their ability to prevent unintended pregnancies for extended periods, with some devices lasting up to five years or more. Additionally, healthcare providers are increasingly recommending LARCs for their high effectiveness, especially in younger women who may be less consistent with daily pill use. The convenience, cost-effectiveness, and lower risk of pregnancy associated with long-acting contraceptive methods are anticipated to fuel their market growth, particularly as awareness and access to these products expand.
  • Increase in Non-Hormonal Contraceptive Options: Another key trend in the contraceptive drug market is the increasing demand for non-hormonal contraceptive options. While hormonal contraceptives have been the mainstay for decades, many women are seeking alternatives due to concerns about side effects like weight gain, mood changes, and blood clot risks. Non-hormonal methods, such as copper IUDs, barrier methods (condoms), and emerging drugs in clinical trials, are gaining traction among women who prefer to avoid hormonal interference with their natural cycles. The market for non-hormonal contraception is expected to expand significantly as manufacturers invest in developing new, innovative products that are as effective as their hormonal counterparts. Recent advances in research are also focusing on developing non-hormonal pills and gels for women, which will further diversify available options. This growing interest in non-hormonal contraceptives is likely to contribute to market expansion, especially as healthcare professionals and consumers increasingly prioritize natural and side-effect-free methods of birth control.
  • Digitalization and Remote Access to Contraceptive Services: With the growing use of digital technologies, the contraceptive drug market is seeing a shift toward telemedicine and online platforms for accessing contraceptive medications. Digitalization is making it easier for women to access birth control prescriptions, schedule consultations with healthcare providers, and receive contraceptive products via online pharmacies and delivery services. This trend is especially significant in regions where access to physical healthcare providers may be limited, or in areas where cultural or logistical barriers prevent in-person consultations. The rise of telehealth services, coupled with direct-to-consumer services, is allowing women to more easily obtain contraceptives while maintaining privacy and convenience. Additionally, mobile health apps and digital tools are helping individuals track their menstrual cycles and fertility, allowing for more personalized and informed choices regarding contraception. As digital health services continue to grow, they are expected to play a crucial role in improving access to contraceptive drugs, particularly in remote or underserved areas. This trend is anticipated to be a major driver for the contraceptive drug market in the coming years.
Contraceptive Drug Market Opportunities
  • Rise in Contraceptive Subscription Services: An emerging growth opportunity in the contraceptive drug market is the rise of subscription-based services for contraceptives. As e-commerce and online healthcare services continue to grow, more women are turning to convenient, private, and reliable methods of obtaining contraception. Subscription models allow women to have their birth control delivered directly to their homes, often on a regular schedule, reducing the need for in-person doctor visits and pharmacy trips. This is particularly attractive to women with busy lifestyles, privacy concerns, or those who live in remote areas with limited access to healthcare facilities. Subscription services also offer a discreet and hassle-free solution, with automatic refills, personalized reminders, and flexible delivery options. Furthermore, many of these services offer online consultations with healthcare providers, which helps women choose the right contraceptive method based on their individual needs. As consumer demand for convenience, privacy, and flexibility grows, contraceptive subscription services are expected to expand rapidly. By offering various contraceptive products through these platforms, pharmaceutical companies can capture new customer segments. The integration of digital health technologies and telemedicine within subscription models is likely to drive growth in this sector, positioning companies to meet the evolving needs of modern consumers and provide reliable, accessible contraceptive options.
  • Increase in Non-Hormonal Contraceptive Options: Another key opportunity in the contraceptive drug market lies in the growing demand for non-hormonal contraceptive options. Many women seek alternatives to hormonal birth control methods due to concerns about side effects such as weight gain, mood swings, and hormonal imbalances. Non-hormonal options, such as copper IUDs, barrier methods (condoms), and emerging drug formulations in clinical trials, are increasingly popular as they offer a solution without hormonal interference. The demand for these alternatives is expected to continue growing, driven by consumer preferences for more natural methods of contraception that align with their health and lifestyle choices. Additionally, research into new non-hormonal contraceptive products is expanding, with some promising formulations that are as effective as traditional hormonal methods. For example, oral non-hormonal contraceptive pills are currently under development, which would provide women with an alternative to hormonal contraceptives that doesn't interfere with their natural cycles. This growing market for non-hormonal options presents significant opportunities for pharmaceutical companies to diversify their product portfolios and cater to a broader range of consumers. As awareness and education about non-hormonal contraception increase, it is likely to become a larger segment of the contraceptive drug market, benefiting both consumers and manufacturers.
  • Integration of Contraceptive Drugs into Women's Health Platforms: The integration of contraceptive drugs into broader women’s health platforms presents a significant growth opportunity. As the demand for holistic healthcare solutions grows, women increasingly seek platforms that offer comprehensive services related to reproductive health, including contraception. With the rise of telemedicine and digital health services, contraceptive drugs can be seamlessly integrated into digital health platforms that provide access to consultations, prescriptions, and product deliveries all in one place. These platforms are particularly appealing to women who prefer the convenience of managing their reproductive health from home or who live in areas where access to healthcare professionals may be limited. Through the use of mobile apps, women can track their menstrual cycles, receive personalized contraceptive recommendations, and have prescriptions sent directly to their homes. Pharmaceutical companies that collaborate with or establish their own digital health platforms stand to benefit from this growing trend, expanding their market reach and offering a seamless, one-stop solution for women’s health needs. The integration of contraceptives into these platforms will not only increase accessibility and convenience but also appeal to younger, tech-savvy women who prefer digital solutions for managing their health. As digital health continues to evolve, this trend is likely to play an increasingly important role in the future of the contraceptive drug market.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Contraceptive Drug Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Contraceptive Drug Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

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Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
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Frequently Asked Questions


What is the expected CAGR of the Contraceptive Drug Market?

The Contraceptive Drug Market is estimated to witness a CAGR of 8.95% from 2025 to 2031.

What are the driving factors impacting the Contraceptive Drug Market?

The major factors driving the Contraceptive Drug Market are Increasing Awareness of Family Planning, Rising Health Concerns and Female Empowerment, and Government Initiatives and Subsidies.

What are the future trends of the Contraceptive Drug Market?

Future trends in the Contraceptive Drug Market are Shift Toward Long-Acting Contraceptive Methods, Increase in Non-Hormonal Contraceptive Options, and Digitalization and Remote Access to Contraceptive Services.

Which are the leading players in the Contraceptive Drug Market?

Some of the players operating in the market are Bayer AG, Pfizer Inc, Teva Pharmaceutical Industries Ltd., Johnson and Johnson Private Limited, Merck and Co., Inc., Mylan N.V., Allergan, Piramal Enterprises Ltd., Agile Therapeutics, Mankind Pharma.

What are the deliverable formats of the Contraceptive Drug Market report?

The report can be delivered in PDF/PPT format; we can also share an excel datasheet based on the request.

What are the options available for the customization of this report?

Some customization options available based on the request are an additional 3–5 company profiles and a country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Contraceptive Drugs Market - By Type
1.3.2 Contraceptive Drugs Market - By End User
1.3.3 Contraceptive Drugs Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CONTRACEPTIVE DRUGS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CONTRACEPTIVE DRUGS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CONTRACEPTIVE DRUGS MARKET - GLOBAL MARKET ANALYSIS
6.1. CONTRACEPTIVE DRUGS - GLOBAL MARKET OVERVIEW
6.2. CONTRACEPTIVE DRUGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CONTRACEPTIVE DRUGS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ORAL CONTRACEPTIVE PILLS
7.3.1. Overview
7.3.2. Oral Contraceptive Pills Market Forecast and Analysis
7.4. INJECTABLE CONTRACEPTIVES
7.4.1. Overview
7.4.2. Injectable Contraceptives Market Forecast and Analysis
7.5. TOPICAL CONTRACEPTIVES
7.5.1. Overview
7.5.2. Topical Contraceptives Market Forecast and Analysis
8. CONTRACEPTIVE DRUGS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS AND CLINICS
8.3.1. Overview
8.3.2. Hospitals and Clinics Market Forecast and Analysis
8.4. HOME CARE SETTINGS
8.4.1. Overview
8.4.2. Home Care Settings Market Forecast and Analysis
9. CONTRACEPTIVE DRUGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Contraceptive Drugs Market Overview
9.1.2 North America Contraceptive Drugs Market Forecasts and Analysis
9.1.3 North America Contraceptive Drugs Market Forecasts and Analysis - By Type
9.1.4 North America Contraceptive Drugs Market Forecasts and Analysis - By End User
9.1.5 North America Contraceptive Drugs Market Forecasts and Analysis - By Countries
9.1.5.1 United States Contraceptive Drugs Market
9.1.5.1.1 United States Contraceptive Drugs Market by Type
9.1.5.1.2 United States Contraceptive Drugs Market by End User
9.1.5.2 Canada Contraceptive Drugs Market
9.1.5.2.1 Canada Contraceptive Drugs Market by Type
9.1.5.2.2 Canada Contraceptive Drugs Market by End User
9.1.5.3 Mexico Contraceptive Drugs Market
9.1.5.3.1 Mexico Contraceptive Drugs Market by Type
9.1.5.3.2 Mexico Contraceptive Drugs Market by End User
9.2. EUROPE
9.2.1 Europe Contraceptive Drugs Market Overview
9.2.2 Europe Contraceptive Drugs Market Forecasts and Analysis
9.2.3 Europe Contraceptive Drugs Market Forecasts and Analysis - By Type
9.2.4 Europe Contraceptive Drugs Market Forecasts and Analysis - By End User
9.2.5 Europe Contraceptive Drugs Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Contraceptive Drugs Market
9.2.5.1.1 Germany Contraceptive Drugs Market by Type
9.2.5.1.2 Germany Contraceptive Drugs Market by End User
9.2.5.2 France Contraceptive Drugs Market
9.2.5.2.1 France Contraceptive Drugs Market by Type
9.2.5.2.2 France Contraceptive Drugs Market by End User
9.2.5.3 Italy Contraceptive Drugs Market
9.2.5.3.1 Italy Contraceptive Drugs Market by Type
9.2.5.3.2 Italy Contraceptive Drugs Market by End User
9.2.5.4 Spain Contraceptive Drugs Market
9.2.5.4.1 Spain Contraceptive Drugs Market by Type
9.2.5.4.2 Spain Contraceptive Drugs Market by End User
9.2.5.5 United Kingdom Contraceptive Drugs Market
9.2.5.5.1 United Kingdom Contraceptive Drugs Market by Type
9.2.5.5.2 United Kingdom Contraceptive Drugs Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Contraceptive Drugs Market Overview
9.3.2 Asia-Pacific Contraceptive Drugs Market Forecasts and Analysis
9.3.3 Asia-Pacific Contraceptive Drugs Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Contraceptive Drugs Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Contraceptive Drugs Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Contraceptive Drugs Market
9.3.5.1.1 Australia Contraceptive Drugs Market by Type
9.3.5.1.2 Australia Contraceptive Drugs Market by End User
9.3.5.2 China Contraceptive Drugs Market
9.3.5.2.1 China Contraceptive Drugs Market by Type
9.3.5.2.2 China Contraceptive Drugs Market by End User
9.3.5.3 India Contraceptive Drugs Market
9.3.5.3.1 India Contraceptive Drugs Market by Type
9.3.5.3.2 India Contraceptive Drugs Market by End User
9.3.5.4 Japan Contraceptive Drugs Market
9.3.5.4.1 Japan Contraceptive Drugs Market by Type
9.3.5.4.2 Japan Contraceptive Drugs Market by End User
9.3.5.5 South Korea Contraceptive Drugs Market
9.3.5.5.1 South Korea Contraceptive Drugs Market by Type
9.3.5.5.2 South Korea Contraceptive Drugs Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Contraceptive Drugs Market Overview
9.4.2 Middle East and Africa Contraceptive Drugs Market Forecasts and Analysis
9.4.3 Middle East and Africa Contraceptive Drugs Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Contraceptive Drugs Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Contraceptive Drugs Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Contraceptive Drugs Market
9.4.5.1.1 South Africa Contraceptive Drugs Market by Type
9.4.5.1.2 South Africa Contraceptive Drugs Market by End User
9.4.5.2 Saudi Arabia Contraceptive Drugs Market
9.4.5.2.1 Saudi Arabia Contraceptive Drugs Market by Type
9.4.5.2.2 Saudi Arabia Contraceptive Drugs Market by End User
9.4.5.3 U.A.E Contraceptive Drugs Market
9.4.5.3.1 U.A.E Contraceptive Drugs Market by Type
9.4.5.3.2 U.A.E Contraceptive Drugs Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Contraceptive Drugs Market Overview
9.5.2 South and Central America Contraceptive Drugs Market Forecasts and Analysis
9.5.3 South and Central America Contraceptive Drugs Market Forecasts and Analysis - By Type
9.5.4 South and Central America Contraceptive Drugs Market Forecasts and Analysis - By End User
9.5.5 South and Central America Contraceptive Drugs Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Contraceptive Drugs Market
9.5.5.1.1 Brazil Contraceptive Drugs Market by Type
9.5.5.1.2 Brazil Contraceptive Drugs Market by End User
9.5.5.2 Argentina Contraceptive Drugs Market
9.5.5.2.1 Argentina Contraceptive Drugs Market by Type
9.5.5.2.2 Argentina Contraceptive Drugs Market by End User
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL CONTRACEPTIVE DRUGS MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. CONTRACEPTIVE DRUGS MARKET, KEY COMPANY PROFILES
12.1. BAYER AG
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. PFIZER INC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. TEVA PHARMACEUTICAL INDUSTRIES LTD.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. JOHNSON AND JOHNSON PRIVATE LIMITED
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MERCK AND CO., INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. MYLAN N.V.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. ALLERGAN
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. PIRAMAL ENTERPRISES LTD.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. AGILE THERAPEUTICS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. MANKIND PHARMA
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Bayer AG
2. Pfizer Inc
3. Teva Pharmaceutical Industries Ltd.
4. Johnson and Johnson Private Limited
5. Merck and Co., Inc.
6. Mylan N.V.
7. Allergan
8. Piramal Enterprises Ltd.
9. Agile Therapeutics
10. Mankind Pharma

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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