Mexico Contraceptive Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.80 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Mexico Contraceptive Devices Market Analysis
In Mexico, there is an increasing number of unwanted pregnancies and that has been a primary factor for the growth of the contraceptive devices market in the country. Moreover, there are also increasing initiatives by governments to raise awareness regarding contraceptives use and family planning that has also helped the growth of the market.
However, the side effects of contraceptive devices have been restraining the market's growth.
Mexico Contraceptive Devices Market Trends
This section covers the major market trends shaping the Mexico Contraceptive Devices Market according to our research experts:
Condoms are Expected to Dominate the Mexico Contraceptive Devices Market
A condom is a sheath-shaped barrier device used during sexual intercourse to reduce the probability of pregnancy or a sexually transmitted infection (STIs). With its proper use, women whose partners use male condoms has experienced a 2% per-year pregnancy rate. Their use also greatly decreases the risk of gonorrhoea, chlamydia, trichomoniasis, hepatitis B, and HIV/AIDS. They also to a lesser extent protect against genital herpes, human papillomavirus (HPV), and syphilis.
Thus the prevalence of STIs, though low, but is still is increasing in Mexico. Hence, the demand for male contraceptives like condoms has increased over the years in Mexico. This has helped the market to grow.
Mexico Contraceptive Devices Industry Overview
The progress in healthcare is due to increased healthcare spending by the Mexican government. As a result, the market has become more lucrative in recent years and is hence expected to grow in the future. The majority of the contraceptive devices are being manufactured by the global key players. This has resulted in many global players in the contraceptive devices market to enter Mexico.
Mexico Contraceptive Devices Market Leaders
Bayer AG
Cooper Surgical Inc.
Allergan PLC
Pregna International Limited
Reckitt Benckiser Group PLC
*Disclaimer: Major Players sorted in no particular order
Mexico Contraceptive Devices Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Awareness about Sexually Transmitted Diseases (STDs)
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4.2.2 Rising Rate of Unintended Pregnancies
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4.2.3 Rise in the Government Initiatives
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4.3 Market Restraints
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4.3.1 Side Effects Associated with the Use of Contraceptive Devices
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4.4 Porter's Five Forces Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Condoms
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5.1.2 Diaphragms
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5.1.3 Cervical Caps
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5.1.4 Sponges
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5.1.5 Vaginal Rings
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5.1.6 Intra Uterine Devices (IUD)
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5.1.7 Implants
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5.2 By Gender
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5.2.1 Male
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5.2.2 Female
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Allergan PLC
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6.1.2 Bayer Healthcare
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6.1.3 Cooper Surgical Inc.
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6.1.4 Johnson & Johnson
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6.1.5 Merck & Co.
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6.1.6 Pfizer Inc.
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6.1.7 Reckitt Benckiser Group PLC
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6.1.8 Pregna International Limited
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Mexico Contraceptive Devices Industry Segmentation
As per the scope of the report, contraceptives devices are barriers that attempt to prevent pregnancy by physically preventing sperm from entering the uterus. Contraception is more commonly known as fertility and birth control and is described as the method used to avoid pregnancy. They include male condoms, female condoms, cervical caps, diaphragms, and contraceptive sponges with spermicide.
| By Type | |
| Condoms | |
| Diaphragms | |
| Cervical Caps | |
| Sponges | |
| Vaginal Rings | |
| Intra Uterine Devices (IUD) | |
| Implants |
| By Gender | |
| Male | |
| Female |
Mexico Contraceptive Devices Market Research FAQs
What is the current Mexico Contraceptive Devices Market size?
The Mexico Contraceptive Devices Market is projected to register a CAGR of 6.80% during the forecast period (2024-2029)
Who are the key players in Mexico Contraceptive Devices Market?
Bayer AG, Cooper Surgical Inc. , Allergan PLC, Pregna International Limited and Reckitt Benckiser Group PLC are the major companies operating in the Mexico Contraceptive Devices Market.
What years does this Mexico Contraceptive Devices Market cover?
The report covers the Mexico Contraceptive Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mexico Contraceptive Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Mexico Contraceptive Devices Industry Report
Statistics for the 2024 Mexico Contraceptive Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mexico Contraceptive Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
