This report presents a strategic analysis of the Germany Contraceptive Devices Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Germany Contraceptive Devices Market, offering unmatched value, accuracy and expert insights.
In Europe, Germany is one of the countries with the highest healthcare expenditures, accounting for 11.1% of GDP on average. In the Covid year of 2020, health spending in Germany reached a new high of 440.6 billion euros or 5,298 euros per person. 13.1% of the country's GDP was spent on healthcare in 2020. (GDP). This percentage increased by 1.2 percentage points over the previous year.
In 2022, it is anticipated that the Health Care segment's revenue will amount to US$1,645.00m. Revenue is anticipated to rise at an average yearly rate of 18.45% (CAGR 2022-2025), with a predicted market size of US$2,734.00m by 2025. By 2025, there will likely be 22.6 million users in the healthcare segment. User penetration is anticipated to reach 27.1% by 2025 and will be 24.1% in 2022. It is anticipated that the average revenue per user (ARPU) will be US$81.50.
To develop universal health care, deal with medical emergencies, and encourage healthier populations, access to high-quality, reasonably priced, and suitable health products is essential.
Without medical devices, it would be impossible to do regular medical procedures like bandaging a damaged ankle, diagnosing HIV/AIDS, implanting an artificial hip, or performing any type of surgery. Medical gadgets are utilized by laypeople at home, paramedical workers and clinicians at outlying clinics, optometrists, dentists, and healthcare professionals in cutting-edge medical facilities, for screening and prevention, as well as in palliative care. These medical technologies are employed in the diagnosis and treatment of acute and chronic illnesses, as well as in the support of persons with disabilities.
The contraceptive industry is both numerous and highly fragmented. Since there is a lack of knowledge about the benefits of contraceptives in emerging economies, market participants should start working with governments to build collaborative agreements to inform women and related individuals about various choices. Affordable contraceptive methods should be produced more by manufacturers to enhance their use in emerging economies.
The Germany Contraceptive Devices Market size is projected to grow at a CAGR of 4.8% during the forecast period 2021-2030
Market Growth Drivers Analysis
The key factors leading to the development of the contraception industry are the imperative of reducing unplanned pregnancies and their consequences. One of the major drivers for this demand is the need to prevent unwanted pregnancies, particularly among teenage women
The side effects associated with the use of contraceptives and the high cost of treatment may impede the growth of the market.
Some companies currently dominating the market are Bayer AG, Mayer Laboratories, Inc., Reckitt Benckiser Group plc, CooperSurgical, Inc., and AbbVie
1. Report Description of the Germany Contraceptive Devices Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Germany Contraceptive Devices Market Executive Summary
2.1 Germany Contraceptive Devices Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Germany Contraceptive Devices Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Germany Contraceptive Devices Market Segmentation
4.1 By Type
4.1.3 Cervical Caps
4.1.5 Vaginal Rings
4.1.6 Intra Uterine Devices (IUD)
4.1.7 Other Devices
4.2 By Gender
5. Germany Contraceptive Devices Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Germany
8.2 Regulatory Framework in Germany
8.3 Pricing & Reimbursement Scenario in Germany Contraceptive Devices Market
9. Factors Driving Future Growth
9.1 New Trends and Development Germany Contraceptive Devices Market
9.2 Future Opportunities
10. Strategic Recommendations
By Type (Revenue, USD Billion):
A condom is a sheath-shaped barrier device used during sexual intercourse to reduce the probability of pregnancy or a sexually transmitted infection (STI). There are both male and female condoms. With proper use, women whose partners use male condoms experience a 2% per-year pregnancy rate. Their use greatly decreases the risk of gonorrhea, chlamydia, trichomoniasis, hepatitis B, and HIV/AIDS, per the World Health Organization Updates in November 2020. To a lesser extent, they also protect against genital herpes, human papillomavirus (HPV), and syphilis. Hence, the other reasons that aid the growth of the contraception devices market are the rising occurrence of STDs and the substantial increase in the population
By Gender (Revenue, USD Billion):
Based on Gender the contraceptive devices market is segmented into male and female.
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