The analysts forecast the global vaginal ring market to grow at a CAGR of 2.96% during the period 2018-2022.
Vaginal rings are placed inside the vagina, and they release continuous doses of estrogen and progestogen into the bloodstream to prevent pregnancy. These rings also have non-contraceptive applications such as symptomatic relief during menopause and management of hormonal imbalance in individuals with polycystic ovary syndrome (PCOS).
The report covers the present scenario and the growth prospects of the global vaginal ring market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of vaginal rings through pharmacies and clinics, and online retail across geographies.
The latest trend gaining momentum in the market is the high disposable income. Per capita disposable income exhibit low volatility in developed countries because of a spike in double-income households.
One of the major drivers for this market is the progressive perspective of consumers toward contraceptives. The current generation is seeking ways to enhance its sexual experience and one of the cost-effective alternatives to contraceptives is vaginal rings.
The report states that one of the major factors hindering the growth of this market is the availability of alternative methods of contraception. For example, Copper-T implants, sponges, surgical sterilization, oral contraception, and IUDs are suitable alternatives for vaginal rings. Female condoms are also endorsed by various non-governmental and governmental organizations for family planning.
- Merck & Co.
- Novo Nordisk
Key Topics Covered:
01. Executive Summary
02. Scope Of The Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Forces Analysis
07. Market Segmentation By Distribution Channels
08. Customer Landscape
09. Regional Landscape
10. Decision Framework
11. Drivers And Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/mklpgl/global_vaginal?w=4