Hormonal contraceptive market: A tested method for preventing pregnancies
Polaris Market Research & Consulting, Inc.
Market Research | Industry Analysis
Hormonal contraception carries progestin with or without estrogen. Both progestin and estrogen are devised in the laboratory and are homogeneous to the hormones that all women inherently produce. They help women prevent pregnancy in many ways. Some of the factors in the hormonal contraceptive market are that they circumvent ovulation, make the mucus around the cervix thicker to prevent the sperm from entering the uterus, and the lining of the uterus is made thinner to prohibit a fertilized egg from connecting itself.
According to the research report, the global hormonal contraceptive market size & share was valued at USD 16.38 billion in 2021 and is expected to reach USD 23.81 Billion By 2030, growing at a CAGR of 4.3% during the forecast period.
What are the different types of hormonal contraception at hand?
Oral contraceptives: In the hormonal contraceptive market, as per the needs of the individual, there are several formulations and doses. The majority of them comprise a combination of estrogen and progestin. They are applied cyclically to produce a regular menstrual cycle and or continuously that is no normal menstrual cycle.
Injectable progestin: It comprises a form of progestin that is applied as a shot every 12 weeks. It may occupy 12 months to commence ovulating again after the person stops getting the shots.
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What is the kind of woman who should avoid using hormonal contraception?
·???????Contemporary or history of thrombophlebitis or thromboembolic (clotting) disorders
·???????Prevalent or history of stroke or coronary artery disease
·???????Heart ailments linked connected with the valves with thrombogenic barriers
·???????Natural and unconstrained high blood pressure
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·???????Diabetes with circulatory issues
·???????Headaches with symptoms pertaining to neurology
What are the possible risks of using these medications?
Breast cancer: A few studies portray an insignificant growing potential of breast cancer in women who have not passed the age of 35 using hormonal contraception, but several studies describe no significant alteration in breast cancer risk. Additionally, by 50, there is no high probability of breast cancer in women using hormonal contraception.
Bone strength: Injectable progestin may spawn a short-term decrease in bone mass.
Heart attack: these cases are extremely few. Albeit hormonal contraception somewhat escalates the risk. Women who are over age 35 and smoke are at a higher risk in the hormonal contraceptive market.
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Who are the key players?
Some of the major players operating in the global market include Ansell ltd, Abbvie Inc, Afaxys inc, Agile Therapeutics, Bayer AG, Pfizer, inc, Church & Dwight, Co, Inc, Janssen Pharmaceuticals Inc., Lupin Pharmaceuticals Inc., Mylan N.V., Mayer Laboratories, Merck & co, Inc, Organon Group of companies, Pregna International Ltd, The Female Health Company.
Final Thoughts
Hormonal contraception's future calls for a method that is enhanced as legal abortion is utilized in an escalated number of pregnancies and illegal abortion is practiced in many countries. There are various choices of administration and dose regimen in hormonal contraception. The best selection relies on the advantages and probabilities of methods and also considers the presence of the medical disability. Medical competence for integrated oral contraceptives has improvised over the past 40 years so that for most women, all available low-dosed products are safe. Therefore, the demand for the hormonal contraceptive market will continue to rise.?