Electrophysiology market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in this report.
The Global Contraceptive Drugs and Devices Market was valued at USD 21.1 billion in 2017 and is projected to grow at a CAGR of 7.5% during the forecast period (2018 – 2023).
The Electrophysiology market is highly competitive and consists of a number of major players. Top Companies like Bayer Healthcare Ag, Merck & Co., Church & Dwight Co. Inc., Warmer Chilcott Company Inc., Agile Therapeutics Inc.(NASDAQ: AGRX), Pfizer, Biosante Pharmaceuticals(NASDAQ: ANIP), Mayer Laboratories Inc., Pantarhei Bioscience B.V. AND Teva Pharmaceutical Industries Ltd among others
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Scope of the Report
The government initiatives are also promoting the use of contraceptives to avoid the unnecessary births and the health benefits from using the contraceptives have also been significant players in the growth of this market. In North America, over 90% of the female population uses the modern contraceptive techniques. The use of contraceptives is the highest in North America, whose share is estimated to be 75.4%.
Key Market Trends
Unintended pregnancies growing at a faster pace
Not using of the contraceptives or the incorrect use of the contraceptives may result in unintended pregnancies and the number of unintended pregnancies percentage is higher in the teens younger than 18 years, followed by the age group of 20-24 years. In the United States, the proportion of pregnancies that were unintended increased slightly between 2001 and 2008 (from 48% to 51%), but, by 2011 it decreased to 45%. And in 2014, these contraceptives have helped women to avoid 2 million unintended pregnancies, which would likely have resulted in 900,000 unplanned births and nearly 700,000 abortions. However, over past few years the awareness on contraception has contributed to both decline in unplanned pregnancies and also growth in the usage of the contraceptives market.
There are also other factors which are accelerating the growth of the contraceptives market is the increasing incidence of the STDs and the rapid increase in the population. The government initiatives are also promoting the use of contraceptives to avoid the unnecessary births and the health benefits from using the contraceptives have also been significant players in the growth of this market.
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–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Electrophysiology Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
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