Reports
Reports
The vaginal ring is a soft plastic ring, small in size which can be placed inside the vagina. This ring continuously releases a dose of the hormones progestogens and estrogen into the bloodstream and is useful in preventing pregnancy. This release helps to prevent the release of an egg every month. The vaginal ring also thickens the cervical mucus, therefore making it almost impossible for the sperm to pass through the cervix and reach the womb lining. This reduces the overall chances of a fertilized egg to implant itself, therefore resulting in pregnancy. The changing perspective of consumers towards contraceptives is considered a key factor increasing the sales growth for vaginal ring market during the forecast period, set between 2021 and 2031.
The global vaginal ring market is categorized on the basis of distribution channel, and geography. In terms of distribution channel, the market is grouped into pharmacies and clinics, and online retail. The increasing awareness about the uses of vaginal ring and its safety over other forms of contraception for women health is projected to serve as another important growth driver promoting the vaginal ring market in the forecast period.
The research report on vaginal ring market provides a comprehensive overview of the market and its prime growth parameters including drivers, restraints, challenges, and future opportunities. It also emphasizes the key innovations that made positive contribution to the market in terms of revenue generation. The impact of the novel COVID19 pandemic is also discussed in the report. List of the leading players of the vaginal ring market and their key contributions in the form of innovations and new launches is further discussed in details.
The nature of the global vaginal ring market is substantially competitive on account of the presence of a good number of players. Leading players of the vaginal ring market are focusing on product portfolio and are investing heavily on research and development of better products to gain significant position in the overall market competition. Other players are engaging in collaborative efforts and new product launches to ensure better revenue generation in the coming years.
Some of the key players of the global Vaginal Ring market include:
The advent of long lasting reversible contraceptives is a prime factor boosting the growth of the global vaginal ring market. In addition to this, the advent of better contraceptive products and the availability of variety for consumers to choose as per their convenience from a range of condoms, vaginal rings, and their availability in different colors, attractive packaging, and multiple flavors will also augment the demand for vaginal rings in the forecast period.
Regionwise, the global vaginal ring market is widespread into the regions of North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. These regions are further fragmented into nations. Among these, North America emerged as the largest revenue generator for vaginal rings on account of the presence of a well aware crowd, better sex education, higher acceptance about concept of contraception, and supportive government measures. On the other side, Asia Pacific holds high scope of growth during the forecast period, owing to the increasing awareness about the safety of using contraceptive products for longer periods, and growing acceptance of communication about sexually transmitted diseases, and the availability of precautionary measures to avoid unwanted pregnancy in the developing nations such as India, China, and others. The continuously rising population in China and India has propelled government to promote the use of several contraceptive measures in an effort of population control.
N/A
Copyright © Transparency Market Research, Inc. All Rights reserved
Trust Online
Vaginal Ring Market
