Report Overview

The China Contraceptives Devices market size stood at around USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of 7.98% during the forecast period.

The family planning policy in China by the government allows only two children per couple since 2016. Enforcement requires women to have a contraceptive intrauterine device (IUD) surgically installed after having a first child, and to be sterilized by tubal ligation after having a second child. Thus nearly 667 million women in China are inevitably potential customers for the contraceptives market.



Market Drivers

A huge chunk of the female population in developing countries are diverting towards ideology such as women empowerment and feminism to establish educational and professional opportunities for women. An increasing number of women are delaying motherhood with the help of contraceptive devices and drugs as they prioritize their careers. The increasing prevalence of sexually transmitted diseases and unwanted pregnancy are anticipated to boost the market growth. Factors such as rising government initiatives with respect to the prevention of these diseases are expected to contribute significantly to market growth.