Australia Contraceptive Devices Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 80 Pages I Mordor Intelligence
The Australian contraceptive devices market is expected to register a CAGR of nearly 7.91% during the forecast period.
Millions of women and girls worldwide had lost access to contraceptive and abortion services due to the COVID-19 epidemic. Lockdowns, travel restrictions, supply chain disruptions, and a significant shift in health resources to battle COVID-19 have contributed to the rise in the number of unintended pregnancies in the country. Also, according to the study published in the European Journal of Contraceptives and Reproduction in August 2022, women who were working had easier access to contraceptives during the shutdown. COVID-19 caused people to postpone childbearing or decide against having children. Thus, during the pandemic, a greater percentage of women were against childbearing, which created a demand for contraception. As a result, the investigated market was positively impacted during the epidemic. However, the studied market will follow the same trend during the forecast period due to the growing burden of sexually transmitted diseases and the rising demand for contraceptives in Australia. For instance, according to the press release by Durex in September 2021, the company saw a 10% increase in condom sales once restrictions were relaxed in Sydney, Australia.
Rising cases of sexually transmitted diseases and the initiatives taken by the government of Australia and other organizations concerning the use of contraceptive devices are the major factors responsible for the growth of the market studied.
Sexually transmitted diseases include AIDS/ HIV, Gonorrhoea, Hepatitis, Human Papillomavirus (HPV), and Pelvic Inflammatory Disease (PID), and the growing prevalence of these diseases is expected to increase the demand for contraceptive devices. According to the 2022 update by the AFAO, 29,090 persons in Australia were affected by HIV in 2020. Thus, the growing prevalence of HIV in the country is expected to increase the demand for contraceptive devices, thereby boosting the market growth.
Furthermore, government initiatives are expected to support market growth. For instance, in May 2022, Moments Condoms, a Melbourne-based company, is on a mission to inspire more women to take the initiative to preserve their sexual health. Such initiatives increase the availability of various contraceptive devices in the country, thereby boosting the market growth.
However, side effects associated with contraceptives may restrain the market during the forecast period.
Australia Contraceptive Devices Market Trends
Condoms is Expected to Exhibit a Steady Growth During the Forecast Period
A condom is a sheath-shaped barrier device worn during sexual contact to limit the possibility of pregnancy or sexually transmitted infection (STI). There are condoms for men and women. According to November 2020 Updates by WHO the use of condoms significantly reduces the risk of gonorrhea, chlamydia, trichomoniasis, hepatitis B, and HIV/AIDS. They also protect against genital herpes, human papillomavirus (HPV), and syphilis to a lesser extent. With correct use, women whose partners use male condoms have a 2% pregnancy rate yearly. As a result, the increased prevalence of sexually transmitted diseases (STDs) and the significant increase in population are two key factors driving the growth of the contraceptive devices market.
According to the Australian Gonococcal Surveillance Program 2020, there were 29,516 gonococcal infections reported in Australia in 2020, with the National Neisseria Network (NNN) laboratories receiving and testing 7,219 clinical isolates. Antimicrobial susceptibility testing (AST) was performed at NNN laboratories on 24% of gonococcal infections reported. Hence, an increase in the cases of gonorrhea infection in Australia is expected to boost the segment growth.
Additionally, various initiatives taken by market players are likely to support the growth of the market. For example, in September 2021, the Durex condom brand in Australia introduced the traveling electrometer. Such initiatives may create awareness about contraceptive devices and their availability in the country, which is likely to support the growth of the segment during the forecast period.
Thus, all the aforementioned factors are expected to boost segment growth during the forecast period.
Female Segment is Expected to Hold a Significant Market Share Over the Forecast Period
The female segment of the contraceptive devices market is expected to witness significant growth during the forecast period owing to the increased adoption of contraceptive devices, rising sexually transmitted diseases (STI), and a growing number of unintended pregnancies.
According to the study published in the Medical Journal of Australia in July 2022, in metropolitan Perth, Western Australia, infectious syphilis is on the rise, with a more than 18-fold increase from 2015 to 2021. During this period, most cases (229, 74.1%) were non?Indigenous women. This growth has been accompanied by cases in pregnancy and neonates with congenital syphilis. Thus, with the growing prevalence of sexually transmitted diseases in the country, the demand for female contraceptives is expected to increase during the forecast period, thereby driving the growth of the market.
Additionally, as per the report published by Organon in June 2022, nearly half (40%) of all pregnancies are unplanned in Australia, with 197,234 occurrences recorded in 2020. Also, the average cost of an unwanted pregnancy in Australia is USD 36,384. Women in a rural setting are 1.4 times more likely to experience an unintended pregnancy. Thus, with the growing burden of unintended pregnancy in the country, the demand for female contraceptives is expected to increase over the forecast period.
Thus, with all the above-mentioned factors, such as the rising prevalence of STIs and unintended pregnancy, the demand for female contraceptives is expected to increase during the forecast period, thereby driving the growth of the segment.
Australia Contraceptive Devices Market Competitor Analysis
The Australian contraceptive devices market is competitive and consists of several players. In terms of market share, a few major players dominate the market. The major players in the Australian contraceptive devices market are Merck & Co Inc., Pfizer Inc., Reckitt Benckiser, Bayer Healthcare, HERO, Lifestyles Healthcare, Medintim, and Abbvie Inc. (Allergan PLC).
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Cases of Sexually Transmitted Diseases
4.2.2 Government Initiatives Regarding Usage of Contraceptive Devices
4.3 Market Restraints
4.3.1 Side Effects Associated with Contraceptive Devices
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION (Market Size By Value - USD Million)
5.1 By Type
5.1.1 Condoms
5.1.2 Diaphragms
5.1.3 Cervical Caps
5.1.4 Intrauterine Devices
5.1.5 Other Types
5.2 By Gender
5.2.1 Male
5.2.2 Female
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Merck & Co Inc.
6.1.2 Pfizer Inc.
6.1.3 Reckitt Benckiser
6.1.4 Bayer Healthcare
6.1.5 HERO
6.1.6 Lifestyles Healthcare
6.1.7 Medintim
6.1.8 AbbVie Inc. (Allergan PLC)
6.1.9 Church & Dwight Co. Inc.
6.1.10 Starpharma Holdings Limited
6.1.11 Contraline Inc.
6.1.12 SMB Corporation Of India
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.