Australia Contraceptive Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Australia Contraceptive Devices Market is Segmented by Type and Gender (Male and Female)

Market Snapshot

Market Snapshot
Study Period: 2018 - 2026
Base Year: 2019
CAGR: 7.91 %

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Market Overview

The Australia Contraceptive Devices Market is expected to register a CAGR of nearly 7.91 % during the forecast period. Rising cases of sexually transmitted diseases and the initiatives taken by the government of Australia and other organizations with respect to the use of contraceptive devices are the major factors responsible for the growth of the market studied.

According to the Australian Federation of AIDS Organization, in 2018, there were about 28,180 people were suffering from HIV/AIDS in Australia. In February 2020, the Australian government listed "Kyleena", an intrauterine system under the Pharmaceutical Benefits Scheme. Hence, with the rising cases of sexually transmitted diseases, the market is expected to propel in Australia. However, a shortage of medicine supply is being experienced by the country currently as per Therapeutics Goods and Administration, August 2020, oral contraceptives such as Norimin, Brevinor, and Norinyl have been listed as unavailable in the country.

Scope of the report

As per the scope of the report, contraceptives devices have been barriers that attempt to prevent pregnancy by physically preventing sperm from entering the uterus. Contraception is more commonly known as fertility, and birth control is described as the method used to avoid pregnancy. They include male condoms, female condoms, cervical caps, diaphragms, and contraceptive sponges with spermicide.

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Key Market Trends

IntraUterine Devices is Expected to Exhibit a Steady Growth during the Forecast Period

IUDs (Intrauterine Devices) are the devices that are placed inside a uterus in order to prevent pregnancy. Generally, there are two types of IUDs: Hormonal IUD and Copper IUD. Hormonal IUD is made up of plastic and releases hormone while copper IUDs are composed of copper and plastic and does not release any hormone. In Australia, the only available hormone-releasing IUD is Mirena, developed by Bayer Healthcare. It releases a progestogen hormone, levonorgestrel which thickens the mucus in the uterus and thereby prevents pregnancy. In addition to as per the Health Direct, IUDs are thus one of the most reliable and effective methods for avoiding pregnancy. It lasts for up to five years and more. Thus, with the above-mentioned factors, the market is expected to show steady growth during the forecast period.

Australia Contraceptive Devices Market Trend.png

Competitive Landscape

The major players in the Australia Contraceptive Devices Market are Merck & Co Inc., Pfizer Inc., Reckitt Benckiser, Bayer Healthcare, HERO, Lifestyles Healthcare, Medintim and Abbvie Inc. (Allergan Plc).

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Cases of Sexually Transmitted Diseases

      2. 4.2.2 Government Initiatives regarding Usage of Contraceptive Devices

    3. 4.3 Market Restraints

      1. 4.3.1 Side Effects Associated with Contraceptive Devices

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Condoms

      2. 5.1.2 Diaphragms

      3. 5.1.3 Cervical Caps

      4. 5.1.4 IntraUterine Devices

      5. 5.1.5 Others

    2. 5.2 By Gender

      1. 5.2.1 Male

      2. 5.2.2 Female

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Merck & Co Inc.

      2. 6.1.2 Pfizer Inc.

      3. 6.1.3 Reckitt Benckiser

      4. 6.1.4 Bayer Healthcare

      5. 6.1.5 HERO

      6. 6.1.6 Lifestyles Healthcare

      7. 6.1.7 Medintim

      8. 6.1.8 Abbvie Inc. (Allergan Plc)

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Australia Contraceptive Devices Market market is studied from 2018 - 2026.

The Australia Contraceptive Devices Market is growing at a CAGR of 7.91% over the next 5 years.

Merck & Co. Inc., Reckitt Benckiser, HERO, Pfizer Inc., Bayer Healthcare are the major companies operating in Australia Contraceptive Devices Market.

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