A Female Condom is a device which is utilized during sexual intercourse as a barrier contraceptive to decrease the risk of sexually transmitted infections and unintended pregnancy. The female condom is a contraceptive that supports to an individual and couples to attain the basic rights to choose when and how many children to have. Birth control has a broad positive impact and has extended opportunities for women in terms of educational attainment, developed health outcomes and economic advancements. In addition, the government is also taking some attractive initiatives for developing this product more significantly. The key players of this market are doing effective developments in the technology of this product for leading the fastest market growth with the handsome amount of share around the globe. Moreover, with the transforming lifestyle and significant increase in disposable income, the demand for female condoms will increase more effectively during the forecasted period.
According to the report analysis, ‘Global Female Condom Market Analysis’ it is stated that there are numerous key players which are presently functioning in this market more significantly for accounting the handsome amount of share with developed techniques and technologies of doing work includes Cupid, HBM, HLL Lifecare, IXu, Innova Quality, Reckitt Benckiser, Shandong Ming Yuan Latex, Shanghai Dahua Medical Apparatus, Silk Parasol, StaySafe, The Female Health Company, Tianjin Condombao Medical Polyurethane Tech. Co., and Veru Healthcare/The Female Health Company. Meanwhile, The market is controlled by Church & Dwight CO., Inc., The Female Health Company (now Veru Inc), Cupid Ltd., and PATH, which has more than 85% to 95% market share in the Global Female Condom Market. Moreover, the key players of this market are adopting effective strategies and policies after knowing and studying the policies and guidelines of the government as the acceptance of modern contraceptive methods offers safe provision by abolishing unwanted restrictive practices and medical barriers. However, the growing acceptance of numerous methods of contraception has concluded in the enhancement not only in health-related outcomes but in numerous economic and social issues.
For instance, it has decreased the maternal mortality rate and infant mortality rate. Moreover, The WHO has improved a set of medical eligibility criteria that is based on a collaborative review of all clinical, research, epidemiological, and modern contraceptive methods. Additionally, the market of the female condom is divided on the basis of 4 major types which includesTROJAN Her Pleasure, FC2 female condom, CUPID female condomandPATH-Women Condom. According to the Centers for Disease Control and Prevention (CDC), of the 20th century, the establishment toward admittance to modern contraceptives is among one of the 10 great public health achievements.
Although, The Global Female Condom Market is observed to witness an effective CAGR of 15.55% during the forecast period of 2017-2023. The government is aiming toward improvising healthcare infrastructure and generating awareness among people for early prevention of unintended pregnancies. Therefore, in the near future, it is expected that the market of female condom will increase more significantly across the globe over the recent few years.
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