Contraceptive Drugs Market Demand, Growth, Price Trends and Opportunity 2022-27
The latest research study “ Contraceptive Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ” by IMARC Group, finds that the global contraceptive drugs market size reached US$ 14.07 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 19.82 Billion by 2027, exhibiting a growth rate (CAGR) of 5.70% during 2022-2027. Contraceptive drugs represent birth control medications that are exclusively prepared to inhibit pregnancy and control the birth rate. They are available in various product categories, such as oral pills, injectables, topical solutions, etc. These contraceptive drugs are synthetically formulated using two female hormones, which include estrogen and progestin, that prevent ovulation, thicken cervical mucus, or alter the womb lining to restrict the entrance of sperm into the cervix for implantation and fertilization. They prove highly effective in lowering the risks of ovarian cancer, bone thinning, inf