Hormonal Contraception Market is expected to See Incredible Growth by 2032
The hormonal contraception market is expected to grow at a 5.2% CAGR between 2022 and 2032. The market is currently predicted to reach a value of US$ 17.49 billion in 2022 and a revenue of US$ 29.04 billion by 2032. The use of hormones to prevent pregnancy, such as hormonal tablets containing oestrogen and progesterone or progesterone, is becoming more common. These hormones prevent pregnancy by preventing the release of eggs from the ovaries, as well as weakening the uterine lining and thickening the mucus in the cervix to prevent sperm from integrating with the egg. Increased population has also increased the usage of contraception all across the world. By providing safety, effectiveness, availability, accessibility, and affordability, birth control technology has propelled the hormonal contraceptive business. Ladies all throughout the world use hormonal contraception extensively. This is because the general population is becoming more aware of the necessity of making informed decis...