Subdermal Contraceptive Implants Market Trends

  • Report ID: 5300
  • Published Date: Oct 09, 2023
  • Report Format: PDF, PPT

Subdermal Contraceptive Implants Market Trends

Growth Drivers

  • Rising Awareness about Family Planning – As a result, the demand for subdermal contraceptive implants is expected to rise as they have a huge potential to help in family planning, and are one of the most practical, accessible, and increasingly accepted forms of family planning in the world. Globally, more than 60% percent of married women between the ages of 15 and 49 practice family planning.
  • Increasing Knowledge about Contraceptives- Educational interventions across the globe are helping to increase the knowledge of available contraceptive methods, which has led to an increase in the adoption of subdermal contraceptive implants as an acceptable means of contraception for adolescent girls and young women.

Challenges

  • Side Effects of Subdermal Contraceptive Implants- There are a few side effects that some people experience after receiving implants which include menstrual irregularities, headaches, weight gain, acne, dizziness, mood swings, nausea, lower abdominal pain, hair loss, loss of libido, pain at the implant site, neuropathy, and follicular cysts.

Additionally, implanon (etonogestrel) a contraceptive used to prevent pregnancy can cause serious eye symptoms, serious heart symptoms, and severe headache, confusion, slurred speech, arm or leg weakness, trouble walking, loss of coordination. Furthermore, it should not be used at the time of pregnancy as it can lead to a certain serious pregnancy issue (ectopic pregnancy).

  • Lack of Awareness in Developing Regions
  • Lack of Skilled Professionals to Insert and Remove these Implants

Subdermal Contraceptive Implants Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~9%

Base Year Market Size (2023)

~ USD 1.06 Billion

Forecast Year Market Size (2036)

~ USD 3 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5300
  • Published Date: Oct 09, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising count of unintended pregnancies and the rising governmental initiative to utilize contraceptive procedures are the major factors driving the growth of the market.

The market size of subdermal contraceptive implants is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2024-2036.

The major players in the market are Shanghai Dahua Pharmaceutical Co., Ltd, Bayer AG, Wyeth Pharmaceuticals, Baxter, Gerresheimer AG, Pfizer, Inc., Novartis AG, Schott AG, Eli Lilly and Company, and others.

The etonogestrel implant segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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