(Health-NewsWire.Net, February 17, 2024 ) As per Maximize Market research, the Mexico Contraceptive Devices Market was USD 200 Million in 2023 and is expected to grow at a CAGR of 10.01 percent over the forecast period to reach USD 390 Million by 2030.
Mexico Contraceptive Devices Market Report Scope and Research Methodology
The report provides a strategic analysis of the Mexico Contraceptive Devices Market analysis from top key players including market share, size, major drivers, challenges, and opportunities. The report included primary and secondary research methodology, where industry experts were interviewed, and data were collected from various sources such as company websites, annual reports, and press releases.
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Mexico Contraceptive Devices Market Dynamics
The Mexico Contraceptive Devices Market is experiencing growth driven by a rising demand for discreet and long-acting methods like intrauterine devices and implants. These options address previous concerns, attracting new users and reshaping the product mix. The focus on research and development in this area has led to a larger market share compared to traditional methods, fostering competition and driving innovation for more user-friendly options.
Mexico Contraceptive Devices Market Segment Analysis
In 2023, the Intra Uterine Devices (IUD) segment dominated the Mexico Contraceptive Devices Market with a 40% market share, projected to grow at a 4.9% CAGR. Its dominance is attributed to rapid technological advancements and the increasing adoption of smart devices with data connectivity and integration.
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Mexico Contraceptive Devices Market Segmentation
By Type
Condoms
Diaphragms
Cervical Caps
Sponges
Vaginal Rings
Intra Uterine Devices (IUD)
Other Devices
By Gender
Male
Female
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Mexico Contraceptive Devices Key Players include
Laboratorios Grin (MEX)
Probiomed (MEX)
Industria Farmacéutica Andrómaco (MEX)
Mylan Laboratories
Church & Dwight
Maximize Market Research is leading Medical Devices research firm, has also published the following reports:
US Contraceptive Devices Market- The market is expected to Reach USD 8.9 Billion by 2030 at a CAGR of 6.21 percent.
Japan Contraceptive Devices Market- The Market is expected to Reach USD 1401.9 Million by 2030 at a CAGR of 7.5 percent.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.
MAXIMIZE MARKET RESEARCH PVT. LTD.
Dnyaneshwari Yevale
09607365656
akash.r@maximizemarketresearch.com
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