The market for preterm birth control is expected to grow due to rising number of preterm births across the globe as well as increasing number of initiatives undertaken by government and private bodies to promote the use of preterm birth control therapeutics and devices. In addition, growth of pharmaceutical and medical device research and development as well as increasing healthcare expenditure of emerging nations are likely to have a positive impact on the growth of the preterm birth control market in the coming years.
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Global preterm birth control market, based on the treatment method was segmented devices and pharmaceutical treatment. In 2017, the pharmaceutical treatment segment held the largest share of the market, by treatment method and it is also expected to grow at the fastest rate during the coming years. This is primarily attributed to its ease of use, lesser side effects, and its increasing use by the healthcare professionals for preterm birth control.
Leading Players:
• CooperSurgical, Inc.
• MEDGYN PRODUCTS, INC.
• Integra LifeSciences Corporation
• Panpac Medical Corp.
• Personal Medical Corp
• Bioteque America, Inc.
• Bliss GVS Pharma Ltd.
• Dr. Arabin GmbH & Co. KG
• AMAG Pharmaceuticals
• BEN WAY ENTERPRISES SDN BHD
Increasing initiatives by government and non-government organizations for preterm birth is driving the market for virus filtration over the forecast period
North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant rate in Asia Pacific (APAC) region during the forecast period. The Asia Pacific per-term birth control market is expected to grow with CAGR of 5.1% to US$ 325.6 Mn in 2025 from US$ 222.4 Mn in 2017.
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Strategic Insights
Collaborations/ acquisitions were observed as the most adopted strategy in global pre-term birth control industry. Few of the product launches and agreements made by the players in the market are listed below;
2018: CooperSurgical had acquired the assets of The LifeGlobal Group and its affiliates. The LifeGlobal Group is a leading global provider of in-vitro fertilization devices.
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