Contraceptive Sponges Market Research Report covers the present scenario and the growth prospects of the Contraceptive Sponges Industry for 2017-2021. Contraceptive Sponges Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Contraceptive Sponges globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Contraceptive Sponges Market:
• Mayer Laboratories
• Tree of Life Pharma
Other Prominent Vendors of Contraceptive Sponges Market Are:
• Innotech International
• Pirri Pharma
“One trend in market is rise of public health campaigns and social marketing programs. In the last few years, there has been a rise in marketing programs and public health campaigns advocating for contraceptive usage and raising health awareness. These initiatives have decreased the risk of unintended pregnancies. An increase in the number of social network users worldwide is encouraging vendors and marketers to invest in social media marketing to increase sales and maximize profits. PSI’s social marketing programs is a growing marketing and promotional platform for educating and creating awareness about products. It offers creative, effective, and successful ideas to provide reproductive health products and services globally, particularly in developing countries. Educated young adults are inquisitive toward social networking sites, and vendors are likely to invest more in these platforms to target young adults, thus creating a high demand in the market. Vendors are increasingly expanding their business to developing countries like India and China. This can be reflected by the fact that many contraceptives are now registered and widely available across the globe.”
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According to the report, one driver in market is rise in importance of family planning. Voluntary family planning has been widely adopted worldwide through the efforts of the governments and social media. In the last few years, there has been a rise in the marketing programs and public health campaigns worldwide for the contraceptive usage and health awareness. Organizations such as The European Society of Contraception and Reproductive Health, Asia Pacific Council on Contraception, International Planned Parenthood Federation are organizing programs to spread the awareness of contraceptive devices worldwide. More than half of all couples in the developed countries are using a method of contraception for healthy spacing, timing, and limiting of births to achieve their desired family size. However, in developing countries, there is a huge unmet need for contraception.
Report also presents Geographical Segmentation analysis of Contraceptive Sponges Market of Americas, APAC, EMEA region.
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Further, the report states that one challenge in market is lack of social acceptance. The use of contraceptive products has become acceptable in the society; however, a portion of the society still views their usage as a taboo due to the stereotyping of them being vulgar. The perception of the society often dissuades people from buying these products, mostly due to religious backgrounds that consider it immoral and unethical to use contraceptives. A large population in conservative countries perceives contraception as against their religious sentiments. It is difficult to change the stringent principles, morals, and culture biases, thereby limiting the adoption of contraceptives. However, various government and vendor initiatives aim to increase the awareness of these contraceptive to change the way of thinking in these countries. In the law few years, the emergence of e-commerce has helped overcome this hurdle to a large extent by creating an anonymity of the buyer; however, the perception of the society largely remains the same and poses a major challenge to the growth of the market. This will significantly hamper the sales of contraceptive sponges due to the negative image of the products.
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No of Pages: 69
Price of Report: $ 3500 (Single User License)
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