Brazil's Contraceptive Devices Market is expected to witness growth from $323 Mn in 2022 to $643 Mn in 2030 with a CAGR of 9.00% for the forecasted year 2022-30. In Brazil, there has been an increase in demand for contraceptive devices as a result of the emphasis being placed on family planning and contraception education and awareness. The market is segmented by type and by gender. Some key players in this market include Farmoquimica, Famivita, Mylan Laboratories, Mankind Pharma, CooperSurgical, Pfizer, Pregna International, Eurofarma, and Teva Pharmaceutical.
Brazil's Contraceptive Devices Market size is at around $323 Mn in 2022 and is projected to reach $643 Mn in 2030, exhibiting a CAGR of 9.00% during the forecast period. Brazil's current health expenditures climbed (as a percentage of GDP) from 9.59% in 2019 to 10.02% in 2021. By 2040, Brazil's health expenditures will account for 12.6% of its GDP, with opportunities for expansion in sectors including basic care, hospital care, pharmaceuticals, long-term care, and administration. Brazil has a male life expectancy of 72.5 years and a female life expectancy of 79.5 years. Brazil's population is growing by 0.7% annually.
Brazil's maternal mortality rate was projected to be 48 deaths for every 100,000 live births in 2021. The number of persons living with HIV/AIDS in Brazil has been largely consistent in recent years, and by 2020, there will be 920,000 cases. To avoid unexpected pregnancies, contraceptive devices, commonly referred to as birth control devices, are frequently utilized in Brazil. Condoms, both male and female, are readily available in Brazil and are used to prevent pregnancy as well as to protect against STDs. Small, T-shaped devices called intrauterine devices are put into the uterus to stop pregnancy. Some of them can be used as long-term contraception for up to ten years. Small, flexible rods called hormonal implants are implanted beneath the skin of the upper arm. For up to three years, they release hormones that hinder conception. In Brazil, oral contraceptive tablets are a common method of birth control. They are taken every day and contain hormones that stop ovulation.
Market Growth Drivers
In Brazil, there has been an increase in demand for contraceptive devices as a result of the emphasis being placed on family planning and contraception education and awareness. The government of Brazil has been enacting policies to broaden access to contraceptive services, which has led to a rise in the demand for contraceptives. Brazil's improving standard of living has increased demand for premium contraceptive methods. This is especially true for women looking for trustworthy, efficient, and safe methods of contraception. The demand for contraceptives suited to the requirements of older women is rising as the Brazilian population ages. Hormone replacement treatment, which can assist women in managing their reproductive health, has seen an increase in demand as a result of this.
Market Restraints
Contraceptive devices are in high demand in Brazil, although access to them can be difficult in rural areas. This is because it's challenging for manufacturers to reach these markets due to things like a lack of transportation and infrastructure. There may be cultural or religious norms in some parts of Brazil that forbid the use of contraception. Due to the potential for decreased demand for contraceptive devices in these places, it may be challenging for manufacturers to grow their businesses there.
Key Players
August 2021: In order to commercialise Nexplanon, Merck's contraceptive implant medicine, in Brazil, the multinational pharmaceutical corporation Merck partnered with Eurofarma, a Brazilian pharmaceutical company, in 2021. The alliance aims to strengthen Merck's position in Brazil and improve access to long-acting reversible contraceptives there.
The Brazilian Health Regulatory Agency (ANVISA) and the Ministry of Health are in charge of the regulatory framework for contraceptive devices in the country. Contraceptive device production, importation, distribution, and use in Brazil are all subject to ANVISA regulation and oversight, while family planning and reproductive health policy are controlled by the Ministry of Health. In order to be sold in Brazil, a contraceptive device must be registered with ANVISA. Examining the product's quality, effectiveness, and safety as well as the production process and facilities are all part of the registration procedure. Brazil has tight guidelines for quality control that manufacturers of contraceptive methods must follow, including Good Manufacturing practices (GMP) and quality control testing.
1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Type (Revenue, USD Billion):
A condom is a sheath-shaped barrier device used during sexual intercourse to reduce the probability of pregnancy or a sexually transmitted infection (STI). There are both male and female condoms. With proper use, women whose partners use male condoms experience a 2% per-year pregnancy rate. Their use greatly decreases the risk of gonorrhea, chlamydia, trichomoniasis, hepatitis B, and HIV/AIDS, per the World Health Organization Updates in November 2020. To a lesser extent, they also protect against genital herpes, human papillomavirus (HPV), and syphilis. Hence, the other reasons that aid the growth of the contraception devices market are the rising occurrence of STDs and the substantial increase in the population
By Gender (Revenue, USD Billion):
Based on Gender the contraceptive devices market is segmented into male and female.
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