Global Contraceptive Devices Market Size, Share & Trends Analysis Report, By Device Types (Condoms, Intrauterine device (IUDs), Injectables, Patches, Vaginal Rings, Diaphragms, Cervical Caps, Sponges, Others), By Distribution (Supermarkets, Hypermarkets,

Global Contraceptive Devices Market Size, Share & Trends Analysis Report, By Device Types (Condoms, Intrauterine device (IUDs), Injectables, Patches, Vaginal Rings, Diaphragms, Cervical Caps, Sponges, Others), By Distribution (Supermarkets, Hypermarkets, and Convenience Stores; Retail and Hospital Pharmacies and Drug Stores; Online Stores; and Others), By Region (North America, Europe, APAC, and Others), and Segment Forecasts, 2023 – 2030

Global Contraceptive Devices Market Size, Share & Trends Analysis Report, By Device Types (Condoms, Intrauterine device (IUDs), Injectables, Patches, Vaginal Rings, Diaphragms, Cervical Caps, Sponges, Others), By Distribution (Supermarkets, Hypermarkets, and Convenience Stores; Retail and Hospital Pharmacies and Drug Stores; Online Stores; and Others), By Region (North America, Europe, APAC, and Others), and Segment Forecasts, 2023 - 2030

The Global Contraceptive Devices Market was valued at US $16.56 billion in 2022 and is expected to reach US $26.52 billion by 2030, growing at a CAGR of 6.06% during the forecast period 2023 – 2030.

Any device used to intentionally prevent pregnancy is called a contraceptive device. Contraception is a way of doing so. Apart from its principal function of preventing unwanted pregnancies, the contraceptive device also aids in safeguarding against sexually transmitted infections (STDs) during sexual activity. There are two different kinds of contraceptive devices: hormonal and barrier contraceptive.

The way barrier contraceptive methods work is by physically blocking sperm from entering the uterus of a woman. This category includes spermicides such foams, creams, and suppositories, as well as a variety of contraceptive devices like condoms, diaphragms, cervical caps, contraceptive sponges, and gels. Contrarily, hormonal contraceptive methods use either progestin alone or in combination with oestrogen. These methods mostly work to stop conception by blocking ovulation, or the release of eggs from the ovaries, or by thickening cervical mucus, which blocks sperm from passing through the cervix and into the uterus. This category includes treatments such as skin patches, injections, vaginal rings, implants, and intrauterine devices (IUDs).

Because they may consistently and appropriately prevent unwanted births, contraceptive methods have become more and more popular over time. In addition, the increasing acceptance and popularity of contraceptive methods in various societies and cultures can be attributed to a number of factors, including gender equity, empowerment, health benefits, STD prevention, education and awareness, and economic considerations. These factors enable people to exercise their right to plan their families and live healthier lives.

“Condom automation segment, by type, to be largest market from 2023 to 2030.”

By type, the Global Contraceptive Devices Market comprises of namely condoms, IUDs (both hormonal and copper), injectables, patches, vaginal rings, diaphragms, cervical caps, sponges, and others. Other is further divided into contraceptive gels and spermicides (foams, creams, and suppositories). With a market share of 52.36%, the condom segment led the contraceptive devices market in 2022. This was due to a number of factors, including their affordability and easy availability, their efficacy, and additional benefits like dual protection, which refers to the fact that condoms serve as a barrier method for both STI prevention and contraception. With a projected compound annual growth rate (CAGR) of 8.15%, IUDs are the fastest-growing market segment. IUDs are among the best methods of birth control now on the market. Their very low failure rate adds to their allure for people looking for dependable birth control.

“Supermarkets, hypermarkets, and convenience stores segment, by distribution channel, to be largest market from 2023 to 2030.”

By distribution channel, the global Contraceptive Devices Market is divided into supermarkets, hypermarkets, and convenience stores; retail pharmacies, hospital pharmacies and drug stores; online stores; and others. The others segment is further divided into hospitals, clinics, medical institutions, family planning organizations, and nonprofits. The market for contraceptive devices in 2022 was controlled by the supermarket, hypermarket, and convenience store segments. The fact that these stores protect customer privacy is one of the reasons for its huge share. One can attain a degree of anonymity by purchasing contraceptive devices from these kinds of outlets that might be more difficult to do in other contexts. With a CAGR of 7.32% over the course of the projected period, the online retailers segment is the one that is expanding at the highest rate. It is possible to relate this rise to elements like convenience. The ease of buying from home or anyplace with internet access is provided by online retailers. Without having to go to a physical store, consumers may browse and buy contraceptive products like condoms, vaginal rings, patches, and more. Additionally, some customers might prefer the level of privacy offered by purchasing contraceptive devices online. They can boost market sales by avoiding the possible pain or humiliation that comes with making in-person purchases of these goods.

“North America to be largest region in Contraceptive Devices Market.”

In 2022, the contraceptive devices market was dominated by the North American region. Increased contraceptive device purchases are a result of North America's stable economy, rising disposable income, and abundance of contraceptive options.

With a projected compound annual growth rate (CAGR) of 7.45%, the APAC region is the fastest-growing area in this analysis. More people and couples in the APAC region will be looking for safe contraception choices as family planning and reproductive health education and awareness continue to advance.

Contraceptive Devices Competitive Landscape

The competitive landscape of the Contraceptive Devices Market involves assessing the competitive landscape to understand the strengths, weaknesses, opportunities, and threats of the industry. Key industry players have recognized that the adoption of Contraceptive Devices technology holds the potential for further growth. The growing desire among producers to optimize their production costs has spurred collaborative efforts among companies to scale up their production capacity. This strategic collaboration not only aims to increase revenue but also seeks to establish dominance in the market.

The Contraceptive Devices Market is highly competitive, with numerous companies vying for market share. Prominent companies in the Contraceptive Devices Market include:

Major Players:

Church & Dwight Co., Inc. (U.S.)

Fuji Latex Co., Ltd. (Japan)

Reckitt Benckiser Group (U.K.)

Karex Berhad (Malaysia)

Lelo (Sweden)

LifeStyles Healthcare Pte Ltd. (Belgium)

Veru, Inc. (U.S.)

Mayer Laboratories, Inc. (U.S.)

Okamoto Industries, Inc. (Japan)

Cupid Limited (India)

Caution Wear Corp. (U.S.)

ONE Condoms (U.S.)

Abbvie Inc. (U.S.)

Bayer AG (Germany)

CooperSurgical Inc. (U.S.)

EUROGINE, S.L. (Spain)

Mona Lisa N.V. (Belgium)

Pregna International Limited (India)

Prosan International B.V. (The Netherlands)

SMB Corporation of India (India)

Melbea Innovations (Hungary)

Ocon Medical Ltd. (Israel),

Viatris Inc. (U.S.)

Agile Therapeutics, Inc. (U.S.)

Luye Pharma Group (China)

Johnson & Johnson (U.S.)

Merck & Co., Inc. (U.S.)

Novo Nordisk (Denmark)

Pfizer, Inc. (U.S.)

Prasco Laboratories (U.S.)

The Cigna Group (U.S.)

Teva Pharmaceuticals, Inc. (Israel)

Tree of Life Pharma Ltd. (Israel)

The Good Glamm Group (India)

BRANDMOVER GmbH (Switzerland)

Recent Developments:

Good Glamm group-backed in May 2023 Sirona In an all-cash transaction, India purchased Bleü, the country's first vegan condom brand. Sirona has now joined the category of sexual wellness thanks to this acquisition. Prominent Femtech company Sirona is well-known for its period-tracking app on WhatsApp and its line of feminine hygiene products.

In March 2023, the sustainable Feelgood Condoms, manufactured with green power and vegan ingredients, were introduced by the Swiss business Brandmover. The brand's tagline is ""Not only for vegans & animal lovers: Feelgood satisfies everyone.""

The first non-latex condoms from Durex were introduced in March 2023. They are composed of polyisoprene, which is said to be softer than latex rubber and give partners a skin-on-skin experience. The brand wants to redefine the sensory experience of safe intimacy by improving the depth and calibre of intimate encounters while guaranteeing protection.

SEX BRAND, launched its SECONDSKIN condom in February 2023. The material used to make it is bio-mimetic lubricated rubber, which is 34% thinner than regular condoms. Not only does the condom replicate the feel of real skin, but it also carries with it a strong commitment to improving society and the environment because it is a vegan subscription condom, created with a fully transparent and innovative sustainable rubber source as part of the Regenerative Rubber Initiative. Surprisingly, SEX BRAND promises to donate an additional million condoms to Uganda for each million condoms sold, filling a critical 27% shortage of supplies for sexual wellness for marginalised populations.