Singapore oral contraceptives market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. Growth drivers for the market are raising awareness of the advantages of oral contraceptives, increasing the proportion of women working, increasing the number of sexually transmitted diseases (STIs), increasing the usage of reversible long-acting contraception (LARCs), Increasing the number of internet pharmacies. Some of the major key players in this market are Allergan plc, Bayer AG, Johnson & Johnson Services, Inc., Mankind Pharma Ltd., etc.
Singapore Oral Contraceptives Market is valued at around $21 Mn in 2022 and is projected to reach $34.6 Mn by 2030, exhibiting a CAGR of 6.45% during the forecast period 2023-2030.
One of the most widely used forms of contraception by women worldwide is oral contraceptives, also known as birth control tablets or simply "the pill." This pharmaceutical advancement has significantly improved the reproductive health of women by giving them a safe and practical method of avoiding pregnancy. Oral contraceptives are made of synthetic hormones, usually an estrogen and progestin combination or just progestin. Together, these hormones limit ovulation and the release of an egg from the ovary. Additionally, they thin the uterine lining, which makes it less responsive to implantation, and thicken the cervical mucus, which makes it difficult for sperm to reach the uterus. Less than one in 100 women who use oral contraceptives as directed will become pregnant unintentionally within a year of regular use, indicating the excellent efficacy rate of these methods. It is important to remember, nevertheless, that continuous, appropriate use is needed for maximum results. Growth drivers for the oral contraceptive market are raising awareness of the advantages of oral contraceptives, increasing the proportion of women working, increasing the number of sexually transmitted diseases (STIs), increasing the usage of reversible long-acting contraception (LARCs), and increasing the number of internet pharmacies. The major key players in this market are Allergan plc, Bayer AG, Johnson & Johnson Services, Inc., Mankind Pharma Ltd., Merck & Co., Inc., Pfizer, Inc., Teva Pharmaceutical Industries Ltd., Piramal Enterprises, Syzygy Healthcare LLC.
Market Growth Drivers
During the projection period, it is projected that the introduction of programs aimed at lowering unintended pregnancies and the associated healthcare expenses as well as raising user awareness levels will fuel market growth. Additionally, the rise in unwanted pregnancies is anticipated to aid in the market's expansion throughout the projected year.
Market Restraints
Many women may find the expense of oral contraceptives to be a barrier, especially those who live in underdeveloped or low-income areas. Access to these contraceptives may be hampered by a lack of insurance coverage or high out-of-pocket costs, which would restrict their market. Moreover, side effects and health concerns can hamper the growth of the market.
Key Players
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 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
By Category
By Distribution Channel
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