The contraceptives market is forecast to slightly increase at a compound annual growth rate (CAGR) of 0.5 per cent to USD 8.2 billion in 2032 from USD 7.8 billion in 2022, according to a report. The slight growth will be particularly seen across the seven major markets such as the US, France, Germany, Italy, Spain, the UK and Japan. The report by GlobalData, a data and analytics company, revealed that oral contraceptives dominate the contraceptives market, and this trend is not projected to dramatically change over the next 10 years.

GlobalData expects limited pipeline drugs to enter the market, with one late-stage pipeline drug to launch during the forecast period in the US, Spain, and UK, while two marketed drugs are expected to launch in Japan. Together, these late-stage pipeline products are expected to add approximately $53.1 million in sales to the contraceptives market in 2032.