Injectable Contraceptives Market - By Type (Progesterone-only Injectables {Depot Medroxyprogesterone Acetate}), Age Group (15-24 Years, 25-34 Years), Duration of Action (Short-acting Injectable Contraceptives), End-user, Global Forecast, 2023-2032
Injectable Contraceptives Market - By Type (Progesterone-only Injectables {Depot Medroxyprogesterone Acetate}), Age Group (15-24 Years, 25-34 Years), Duration of Action (Short-acting Injectable Contraceptives), End-user, Global Forecast, 2023-2032
Global Injectable Contraceptives Market will witness 3.5% CAGR between 2023 and 2032. The industry is set on expansion due to the growing number of innovations and research discoveries in the realm of injectable contraceptives. For instance, in October 2023, a groundbreaking development in the contraceptive field came from the Indian Council of Medical Research (ICMR), which successfully concluded clinical trials for the world's pioneering injectable male contraceptive. These trials demonstrated both safety and remarkable effectiveness of the method, devoid of any significant adverse effects. The phase-3 trials involved 303 candidates aged between 25 and 40 years. The results of ICMR's clinical trials were recently published in the internationally accessible Andrology journal.
Ongoing advancements in formulation, delivery methods, and efficacy are expanding contraceptive options for women and men. These innovations are not only broadening choice but also improving the convenience and reliability of injectable contraceptives, thus fueling the injectable contraceptive market growth.
The overall Injectable Contraceptives Market is classified based on type, end-user, and region.
Combined injectable contraceptives segment will undergo significant development from 2023 to 2032. These formulations include a combination of hormones that offer highly effective birth control options for women. The convenience and efficacy of CICs, in line with reduced side effects, have contributed to their increasing popularity. As women seek reliable contraceptive choices, the demand for combined injectable contraceptives continues to grow in the injectable contraceptives market outlook.
Gynaecology clinics segment will register a notable CAGR from 2023 to 2032. These healthcare facilities are increasingly offering injectable contraceptives as a convenient and effective birth control option for women. The specialized knowledge and services provided in gynaecology clinics make them a natural choice for those seeking expert guidance and care. This trend reflects the broader shift toward accessible and reliable contraceptive solutions, contributing to the injectable contraceptives market expansion.
Europe injectable contraceptives market will showcase an appreciable CAGR from 2023 to 2032. This is attributed to the region's progressive healthcare infrastructure and the increasing awareness among women regarding contraceptive options. European women are turning to injectable contraceptives as a safe and convenient choice. With a focus on reproductive health and informed choices, Europe's demand for injectable contraceptives will grow, making it a prominent segment within the global market.