Fortune Business Insights in a new report, titled “Contraceptives Devices Market: Global Market Analysis, Insights and Forecast, 2018-2025” predicts the market to exhibit a CAGR of 6.0%. The report further calculated the value of the contraceptives devices market as US$ 7013.8 Mn in the year 2018 and expected the market to reach US$ 11166.4 Mn by 2025.
Top Leaders Overview:
Some of the leading companies in the Global Contraceptives Devices Market are
- Bayer Pharmaceuticals
- The Janssen Pharmaceutical Companies of John
- Teva Pharmaceuticals
- RECKITT BENCKISER GROUP PLCVeru Inc.
- Medisafe® Medication Management Platform
The Global Contraceptive Devices Market derives growth from a number of factors such as increasing focus on research and development (R&D), increasing investment from leading companies towards R&D. Besides this, increasing regulatory approvals from organizations such as the Food and Drug Administration (FDA) have contributed significantly to the global Contraceptive Devices Market.
Furthermore, newer drug discoveries as a result of emphasis on R&D have favored the growth of the global Contraceptive Devices Market and are likely to boost the market in the coming years. Backed by contributions from government as well as private organizations, the global Contraceptive Devices Market is likely to gain traction in the coming years.
More Trending Topics from Fortune Business [email protected]