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Contraceptive Sponges Market by Type (Ultrathin and Ordinary), by Distribution Channel (Pharmacies, Online Stores, and Others), Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Global Industry Size, Growth, Demand, Share, and Competitive Strategic Analysis Forecast Report 2022 to 2027

Published: January, 2022
ID: 9231
Pages: 175
Formats: report pdf report excel report power bi report ppt

Contraceptive Sponges Market Size (2022-2027):

The contraceptive sponges market was worth US$ xx million in 2021, and it is estimated to reach a valuation of US$ xx million by the end of 2026, expanding at a healthy CAGR. 2.10%

The contraceptive sponge is a type of contraception that prevents sperm from entering the uterus. They are usually soft, disk-shaped, and made of polyurethane foam. Contraceptive sponges contain spermicides that block or kill sperm. This device is interested in the vagina before sexual intercourse. These are generally 2 inches in diameter and have a ring for easy removal. The method of medication used for contraception interferes with the ordinary course of sperm-egg fertilization to prevent pregnancy.

Contraceptive Sponges Market Drivers:

As the importance of family planning increases, it is expected to lead to the growth of the global contraceptive sponge market during the forecast period. Compared to birth control pills, the safety associated with birth control sponges is also one of the undoubted reasons for the growth of the market for these sponges. The contraceptive sponge can be used for a long time without removing it, regardless of the number of sexual intercourse, due to which sales of contraceptive sponges are also supposed to increase. However, these contraceptive sponges cannot prevent sexually transmitted diseases, which can be a market limitation. Contraceptive sponges are not as effective as condoms to avoid pregnancy, restricting the rapid extension of this industry. 

The market for contraceptive sponges is presumed to grow significantly during the forecast period. The increase in family planning programs and the adoption of voluntary family planning measures are expected to stimulate the market for contraceptive sponges. Contraceptives can cause health-related complications, but they are safe to use. They also showed essential results in preventing pregnancy. Another factor that is predicted to accelerate the growth of the market for contraceptive sponges is that it is easy to use and does not interfere with sex. The use of social media marketing to inform people about contraceptive sponges is also driving growth. 

A spermicide impregnated with a contraceptive sponge kills the sperm and prevents it from reaching the uterus. Especially in women who have not been previously administered, the high effect of sponges is likely to lead to the growth of the global contraceptive sponges market. These sponges are readily available, are over-the-counter (OTC) products, and are available in pharmacy stores. E-commerce or online pharmacies are expected to make this distribution channel more accessible and more comfortable to access, resulting in the fastest-growing end-user segment.

Contraceptive Sponges Market Restraints:

The main challenge in the market is that contraceptive sponges cannot prevent sexually transmitted diseases such as HIV and AIDS, and many competitive products such as condoms and pills are more effective in preventing pregnancy.

Recent Developments:

Mayor Laboratories, Inc., a US-based company that manufactures and sells health and reproductive products, has hired Blossom Organics, Inc. to distribute the company's intimately and naturally purely managed products exclusively to all retail, wholesale, and government channels. Signed from the United States, Europe, and Canada.

CONTRACEPTIVE SPONGES MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021– 2026

Base Year

2021

Forecast Period

2022 - 2027

CAGR

2.10%

Segments Covered

  • By Type
  • By Distribution channel
  • By Region 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

  • North America: United States, Mexico, Canada
  • Europe: United Kingdom, Germany, Italy, France
  • Asia Pacific: Australia, Canada, China
  • Latin America: Argentina, Brazil, Chile
  • The Middle East and Africa: Egypt, Iran, Iraq, Israel

Market Leaders Profiled

Teva Pharmaceutical Industries Limited, Pirri Pharma, Tree of Life Pharma, Merck & Co., Inc., Women's Health Company, Allergan plc, Pfizer, Inc., Bayer AG, Innotech International, Cooper Companies, Inc., Mayer Laboratories, Ansell LTD., Sager Pharma Kft, and Innothera

Market Segmentation:

Contraceptive Sponges Market By type:

  • Ordinary
  • Ultrathin

Contraceptive Sponges Market By distribution channel:

  • Pharmacies
  • Online stores
  • Others

The pharmacies, comprising both retail and hospital, accounted for the most substantial portion of the worldwide market in the review period. However, in the coming years, online stores are predicted to witness the highest demand because of the convenience and doorstep delivery they offer. The increasing penetration of smartphones and the internet will act as a catalyst for the expansion of the online segment in this industry.

Regional Analysis:

  • North America 
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Key Players in Contraceptive Sponges Market:

  • Teva Pharmaceutical Industries Limited
  • Pirri Pharma
  • Tree of Life Pharma
  • Merck & Co., Inc.
  • Women's Health Company
  • Allergan plc
  • Pfizer, Inc.
  • Bayer AG
  • Innotech International
  • Cooper Companies, Inc.
  • Mayer Laboratories
  • Ansell LTD.
  • Sager Pharma Kft
  • Innothera

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