Contraceptive Devices Market is set to Witness Huge Demand at a CAGR of 6.50% during the Forecast Period 2029
Data Bridge Market Research analyses that the Contraceptive Devices Market was valued at USD 9023.02 million in 2021 and is further estimated to reach USD 14933.06 million by 2029, and is expected to grow at a CAGR of 6.50% during the forecast period of 2022 to 2029. Industry Analysis Contraceptive devices include medical devices, medicines, and surgical treatments that are used to prevent pregnancy. It also works to keep sexually transmitted illnesses at bay (STDs). It might be temporary or permanent, and both men and women could benefit from it. Sterilization for men and women is a permanent procedure, whereas hormonal and non-hormonal procedures are only temporary. According to the World Health Organization, roughly 214 million women of reproductive age in developing countries wished to prevent pregnancy in July 2020. According to the same report, nearly half of all pregnancies were confirmed to be unplanned between 2015 and 2019. As a result of the rise in undesired pregnanc...