Published Date : Jan 06, 2016
The increasing number of unintended or unplanned pregnancies have propelled the global oral contraceptive pills market in the recent past. Oral contraceptive pills are birth control pills, also known as combined oral contraceptive pills, available in five packs including 21-day pack, 24-day pack, 28-day pack, 91-day pack, and the four-phase regimen. In the developed economies, the oral contraceptive pills are a common form of reversible contraception. High effectiveness and ease of use are two of the primary driving factors for the global oral contraceptive pills.
Some of the various types of oral contraceptive pills available in the global market are progestin-only pills, combination pills, and others. Geographically, the use of oral contraceptive pills has been on the rise in the North America and Europe regions. Favorable reimbursement policies and increasing incidence of unintended pregnancies are expected to help North America maintain its dominant position in the global oral contraceptive pills market in the next few years. Increasing demand for various types of oral contraceptive pills in Asia Pacific is expected to propel the global market for oral contraceptive pills in the years to come. Considering the possibility of side-effects, women have started depending on the branded oral contraceptive pills over the generic ones.
Oral contraceptive pills are used as a treatment to prevent pregnancy, however, it is not a regular method to control birth. Most of the oral contraceptive pills reduce the chances of pregnancy by almost 90%. Although the branded oral contraceptive pills are preferred by women, currently, the market is dominated by the generic contraceptive pills segment considering its low prices.
The global oral contraceptive pills market is expected to develop steadily in the years to come due to growing awareness about contraceptives and their associated advantages. Among all available types of contraceptive pills, the combination pills are expected to attract more customers in the coming few years. One of the market leading companies, Bayer AG, is offering best of 24-day pack oral contraceptive pills such as Yaz and Loestrin. Bayer AG’s Natazia pills are predicted to dominate the 91-day pack segment in the years to come. The increasing number of awareness programs from NGOs and governments of various countries is expected to create new growth opportunities for the global oral contraceptive market in the years to come.