Subdermal Contraceptive Implants Market Size

Subdermal Contraceptive Implants Market size is poised to cross USD 3 Billion by the end of 2036, growing at a CAGR of 9% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of subdermal contraceptive implants was USD 1.05 Billion. The reason behind the growth is impelled by the rising count of unintended pregnancies. Subdermal contraceptive implants is an effective method to avoid unwanted pregnancies for women and couples, as it can stop pregnancies for three to five years. For instance, globally, there are more than 120 million unplanned pregnancies per year, or close to half of all pregnancies.

The rising governmental initiative to utilize contraceptive procedures are believed to fuel the market growth. For instance, the World Health Organization (WHO) is supporting nations to better their contraceptive policies and practices and also taking part in the development of new contraceptive methods.