Canada Contraceptives Market Analysis

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  • Type: Common Disease Area
  • Published : April 2021
  • Region: North America
  • Country: Canada
  • Report ID : 3203

  • Format: PPT, PDF

Canada Contraceptive Market – Segmented by Device Type (Condoms, Diaphragms, Cervical Caps, Vaginal Rings, Intra-Uterine Device (IUD), and Other Types) and by Drug Type (Contraceptive Pills, Topical Contraceptives, Contraceptive injectables, and others.) – Growth, Trends, And Forecasts (2019 – 2028)

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Report Overview

The Canadian Contraceptive Market size stood at USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of XX% during the forecast period.

The Canadian contraceptives market is expected to have noticeable growth during the analysis period due to the new launch of new drugs and products, prevention of pregnancy, growing government steps taken for abortions, and growing awareness among people. Oral contraceptives (OCs) have been available in Canada for more than 50 years and are the most commonly used method of reversible contraception. They are also among the medications most frequently used by Canadian women, three-quarters of whom take OCs at some point in their lives. OCs include combined hormonal contraceptive pills, which contain both estrogen and progestin, and progestin-only pills.

Market Growth Drivers

The rising awareness in the regional population regarding contraception methods, investments by key players to develop innovative devices, and favorable government initiatives to improve access to products are the major factors accelerating the growth of the market. In addition, rising the prevalence of sexually transmitted diseases and the growing need for population control fuelling the regional market growth. Thus, the increasing diseases have increased the demand for contraceptive devices that is likely to aid market growth. Moreover, initiatives by governments to raise awareness regarding contraceptives and family planning have also helped the growth of the market. However, side effects associated with the use of Contraceptive devices hinder the market growth.

1. Canada Contraceptive Devices Market Overview…….………………………………..
A. Market Size
2. Market Growth Drivers……………………………………………………………………….
A. Increasing Awareness about Sexually Transmitted Diseases (STDs)
B. Rising Rate of Unintended Pregnancies & Rise in Government Initiatives
3. Major Types of Disease……….……….………………………..
A. Human Immunodeficiency Virus (HIV) and Acquired Immune Deficiency Syndrome (AIDS)
B. Chlamydia
C. Gonorrhea
D. Pelvic Inflammatory Disease (PID)
E. Genital Warts and Human Papillomavirus (HPV)
F. Genital Herpes (HSV-1, HSV-2)
G. Syphilis
4. UK Contraceptive Devices Market Segmentation….………..…….……….……..
A. By Device Type
I. Condoms
II. Diaphragms
III. Cervical Caps
IV. Vaginal Rings
V. Intra-Uterine Device (IUD)
VI. Other Types
B. By Drug Type
I. Contraceptive Pills
II. Topical Contraceptives
III. Contraceptive Injectables
IV. Others
5. UK Contraceptive Devices Market Share………….……….………..………………
A. Market Analysis, Insights and Forecast – By Drug Type
6. Competitive Landscape…………………………….……………………………………….
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………….……………………………………….………………..
A. Cooper Surgical Inc. Company, Product & Services, Strategies & Financials
B. Bayer Healthcare Company Product & Services, Strategies & Financials
C. AbbVie Inc. Company, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape…………………….…….……….….
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth……………………………………………………………
A. New Trends and Development
B. Future Opportunities
10. Conclusion

Market Segmentation

By Device Type:

The market is segmented into Condoms, Diaphragms, Cervical Caps, Vaginal Rings, Intra-Uterine Device (IUD) & Other Types. In Canada, the use of condoms has significantly increased in adolescents due to easy availability and convenience and the rising prevalence of Sexually transmitted disorders. The intrauterine device, the Patch, or the vaginal ring are the devices used effectively in Canadian for the birth control market.

By Drug Type:

Based on Drug Type, the market is segmented into Contraceptive Pills, Topical Contraceptives, Contraceptive Injectables, and others. combined oral contraceptive pill usage is forecasted to grow rapidly in the future.

Major Players

The market is moderately competitive. Some of the key industry contributors are AbbVie Inc., Bayer Healthcare, Cooper Surgical Inc., Merck & Co., Pfizer among others. Companies are undertaking strategic initiatives such as increasing investment in R&D of innovative products to gain a competitive edge from generic products available in the market.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

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Stage I: Market Data Collection

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Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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