PUBLISHER: TechNavio | PRODUCT CODE: 1405590
PUBLISHER: TechNavio | PRODUCT CODE: 1405590
The vaginal ring market is forecasted to grow by USD 748.36 mn during 2023-2028, accelerating at a CAGR of 5.78% during the forecast period. The report on the vaginal ring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the progressive perspective of consumers toward contraceptives, the growing importance of family planning, and non-contraceptive health benefits.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.25% |
CAGR | 5.78% |
Incremental Value | $748.36mn |
Technavio's vaginal ring market is segmented as below:
By Distribution Channel
By End-user
By Geographical Landscape
This study identifies the high disposable income as one of the prime reasons driving the vaginal ring market growth during the next few years. Also, an increase in innovative marketing strategies and increasing demand for long-acting contraceptives will lead to sizable demand in the market.
The report on the vaginal ring market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vaginal ring market vendors that include AbbVie Inc., Allergan, Bayer AG, Bos Medicare Surgical, EUROGINE SL, Johnson and Johnson, Mayne Pharma Group Ltd., Merck and Co. Inc., Mithra Pharmaceuticals SA, Novo Nordisk AS, Pfizer Inc., Prasco Laboratories, QPharma Inc., Searchlight Pharma Inc., SMB Corp. of India, Teva Pharmaceutical Industries Ltd., and TherapeuticsMD Inc.. Also, the vaginal ring market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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