Contraceptive Drugs and Devices Market Size Analysis and Top Companies
The global contraceptive drugs and devices market size is estimated to hit around USD 52.73 billion by 2033, increasing from USD 29.64 billion in 2023 with a CAGR of 5.93% from 2023 to 2033. The top companies operating in the contraceptive drugs and devices market are Abbvie, Inc., Afaxys, Inc., Agile Therapeutics, Bayer AG, China Resources (Holdings) Co., Ltd., Church & Dwight Co., Inc., Cupid Limited, Helm AG, Johnson & Johnson Services, Inc., Organon Group of Companies, Pfizer Inc., Veru, Inc., Viatris Inc., and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Size by 2033 |
USD 52.73 Billion |
| Market Size in 2023 |
USD 31.40 Billion |
| Market Growth Rate from 2023 to 2033 |
CAGR of 5.93% |
| Largest Market |
Asia Pacific |
| Base Year |
2023 |
| Forecast Period |
2023 to 2033 |
| Segments Covered |
Product Outlook, Distribution Channels Outlook, and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa |
Contraceptive Drugs and Devices Key Players
- Abbvie, Inc.
- Afaxys, Inc.
- Agile Therapeutics
- Bayer AG
- China Resources (Holdings) Co., Ltd.
- Church & Dwight Co., Inc.
- Cupid Limited
- Helm AG
- Johnson & Johnson Services, Inc.
- Organon Group of Companies
- Pfizer Inc.
- Veru, Inc.
- Viatris Inc.
Recent Developments
- In July 2023, the first daily oral contraceptive approved for use in the U.S. without a prescription, Opill (norgestrel) tablet for nonprescription use to prevent pregnancy, was approved by the U.S. Food and Drug Administration. Approval of this progestin-only oral contraceptive pill offers an option for consumers to purchase oral contraceptive medicine without a prescription at grocery stores, convenience stores, drug stores, and online.
- In December 2023, in the UK, researchers initiated the first phase of trials for a revolutionary non-hormonal male birth control pill. This pill is a hormone-free innovation named YCT-529, launched by a Nottingham-based drug development company, Quotient Sciences.
- In December 2024, Three Idaho Republican women launched an organization to preserve access to contraceptives. The aim of this launch was to address confusion between contraceptives and abortion.
- In September 2024, a global leader in women’s healthcare, CooperSurgical, announced the launch of a new inserter designed for single-hand placement of Paragard®. The new single-hand inserter improves the placement procedure for healthcare providers and makes Paragard an even more accessible contraceptive choice for both patients and healthcare providers.
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