North America Contraceptive Drugs Market Size, Share and Growth Forecast for 2024 - 2031

North America Contraceptive Drugs Market by Type (Oral Contraceptives, Injectable, Implants), Distribution Channel (Retail Pharmacies, Online Pharmacies, Hospitals & Clinics), and Country Analysis from 2024 to 2031

Industry: Healthcare

Published Date: December-2024

Format: PPT*, PDF, EXCEL

Delivery Timelines: Contact Sales

Number of Pages: 188

Report ID: PMRREP34967

Report Price

$ 3500*

Buy Now

North America Contraceptive Drugs Market Size & Share Analysis

The North America contraceptive drugs market is estimated to increase from US$ 2.46 Bn in 2024 to US$ 5.15 Bn by 2031. The market is projected to record a CAGR of 8.7% during the period from 2024 to 2031.

According to the recent published reports, the U.S. dominates the regional market, with oral contraceptives holding a significant market share. Due to their popularity among young women and cost-effectiveness, the oral contraceptive segment accounted for 37% of the market in 2024. Innovations like hormone-free options and non-hormonal methods, which address consumer concerns about side effects associated with hormonal contraceptives boost the market progress.

Key Highlights of the Market

  • FDA approval of Opill in July 2023 as the first over-the-counter birth control pill, boosting accessibility.
  • Based on type, the oral contraceptives dominate the market account for 55% of the market share.
  • Oral contraceptives remain the most widely used segment, driven by convenience and reversibility.
  • In terms of distribution channel, the retail pharmacies to accumulate 45% of the market share.
  • The United States accounts for the largest market share of 70% in the North America contraceptive drugs market,
  • The development of low-dose, extended-cycle pills, and transdermal patches improves user compliance and reduces side effects.
  • Implants and injectable gain popularity due to their effectiveness and reduced maintenance needs.
  • Developing biodegradable implants and eco-friendly contraceptive solutions aligns with consumer environmental concerns.
  • Key players like Bayer, Merck, and Teva focus on innovative products, including hormone-free and long-acting solutions.

Market Attributes

Key Insights

North America Contraceptive Drugs Market Size (2024E)

US$ 2.46 Bn

Projected Market Value (2031F)

US$ 5.15 Bn

Global Market Growth Rate (CAGR 2024 to 2031)

8.7%

Historical Market Growth Rate (CAGR 2019 to 2023)

6.4%

Increasing Usage of Contraceptives to Propel the U.S. Market Share in North America

The United States holds the largest market share of 70% in the North America contraceptive drugs market, owing to the increasing use of contraception and the implementation of supportive legislation in the nation. The provision of publicly supported family planning services via programs such as Title X and Medicaid enables women to prevent around 2.2 million unintended pregnancies annually.

The implementation of the Affordable Care Act across all states, which provides a diverse array of contraceptive services, is essential for the advancement of high-quality contraceptive care. The market can face challenges due to changes in healthcare policies, particularly regarding insurance coverage and access to birth control.

Demand to Remain High for Oral Contraceptives with High Accessibility & Excellent Market Penetration

Category

Market Share in 2024

Type - Oral Contraceptives

55%

Based on type, the North America contraceptive drugs market is categorized into oral contraceptives, injectable and implants. Among these sub-segments, the oral contraceptives dominate the market accumulating around 55% of the market share.

Oral contraceptives have a wide market penetration in the entire North America through pharmacies, healthcare providers, and online platforms, ensuring ease of access. Due to this, they require less invasive administration compared to injectable and implants, making them more appealing to consumers.

A large section of women consumers often prefers oral contraceptives due to their reversible nature. Oral contraceptives also offer non-contraceptive health benefits, such as reducing acne, regulating menstrual cycles, and mitigating symptoms of premenstrual syndrome (PMS), which is another key advantage of its consumption.

The availability of a wide range of oral contraceptive options, including combination pills and progestin-only pills, caters to varied medical needs and consumer preferences, which eventually enhances its market share.

Retail Pharmacies Lead with Convenience Factor & Wide-Spread Accessibility

Category

Market Share in 2024

Distribution Channel - Retail Pharmacies

45%

Based on distribution channel, the market is classified into retail pharmacies, online pharmacies and hospitals & clinics. Out of which, the retail pharmacies distribution channel dominates the market due to wide-spread accessibility and convenience.

Retail pharmacies are present at every corner of the streets and offer convenient access to contraceptive medications in both urban and rural regions. With prolonged working hours and walk-in accessibility, it attracts consumers desiring convenience and instant purchasing alternatives.

North American consumers depend significantly on retail pharmacies for over-the-counter and prescription pharmaceuticals. Compliance with these facilities increases their appeal as a reliable provider of contraceptive medications.

Pharmacists frequently offer guidance and information, enhancing the element of trust, which is one of the crucial drivers for retail pharmacies. Numerous insurance plans in North America provide coverage for contraceptive medications when obtained from retail pharmacies, which streamlines cost control for consumers.

North America Contraceptive Drugs Market Introduction & Trend Analysis

Contraception is a method for preventing pregnancy through the use of pharmaceuticals or devices. It is sometimes referred to as a contraceptive method or a fertility regulation method. Contraceptive medications or devices disrupt the normal process of sperm-ovum fertilization to prevent pregnancy.

Contraceptives include drugs such as oral contraceptive pills, injectable contraceptives, or topical contraceptives, as well as devices such as condoms, vaginal rings, and diaphragms. The increasing focus on family planning and preventing unintended pregnancies is expected to drive the North America contraceptive drugs market growth.

The market encompasses various hormonal and non-hormonal products designed to prevent pregnancy, regulate menstrual cycles, and address other reproductive health concerns. Increasing awareness, supportive healthcare policies, and innovation in contraceptive drug formulations influence the market growth.

  • In 2024, Pfizer and Merck & Co., two leading players in the contraceptive market, signed a partnership deal to continue to invest in advanced hormonal contraceptives, aiming to minimize side-effects.

Historical Growth and Course Ahead

The North America contraceptive drugs market witnessed steady growth over the period from 2019 to 2023. The market growth primarily fueled by the growing awareness of family planning and the prevention of unintended pregnancies.

Key growth factors for the market during this period included the widespread adoption of oral contraceptives, which dominated the market due to their convenience and accessibility. Governments and NGOs emphasized educational campaigns, while favorable healthcare policies, such as the Affordable Care Act, ensured broad insurance coverage for contraceptive drugs. Innovations like low-dose hormonal pills and extended-cycle oral contraceptives further accelerated market growth.

The market is projected to experience accelerated growth over the forecast period due to technological advancements and expanding role of digital healthcare. Non-hormonal options such as Phexxi (a vaginal gel) and reusable contraceptives like the Annovera ring are gaining traction among consumers seeking alternatives to traditional hormonal methods.

The rise of online pharmacies and telemedicine platforms is making contraceptive drugs more accessible, particularly for younger, tech-savvy populations. Growth opportunities will also stem from underserved segments, such as rural areas and demographics with limited healthcare access, supported by targeted campaigns and public-private partnerships.

Market Growth Drivers

Growing Awareness and Education about Contraception Boosts Market Expansion

The increasing knowledge about family planning and reproductive health is a key growth factor for the North America contraceptive drugs market. Governmental and non-governmental organizations (NGOs) have conducted major campaigns to inform the public about contraception to avert unwanted pregnancies and regulate reproductive health.

Initiatives aimed at schools and community centres have effectively presented contraceptive alternatives and their advantages, especially to adolescents and young adults. The normalization of sexual health discourse in media and healthcare has diminished stigma and fostered more acceptance of contraceptive medication use.

Awareness initiatives also highlight the non-contraceptive advantages of hormonal products, including regulating menstrual cycles and managing hormonal imbalances, thus enhancing their attractiveness. Such proactive engagement has led to an expanded, more knowledgeable consumer base, stimulating demand for the contraceptive drugs market in North America.

Advancement in Contraceptive Pharmaceutical Technology

Technological advancements have been crucial in advancing the North American contraceptive drugs market since they fulfil crucial consumer requirements for safety, efficacy, and convenience. Pharmaceutical companies have prioritized the development of low-dose hormonal contraceptives to reduce adverse effects commonly associated with traditional formulations.

Modern oral contraceptives now feature decreased estrogen levels, minimizing risks such as nausea, headaches, and thrombosis. The availability of low-dose alternatives has boosted user compliance, as they are perceived as safe and more bearable for long administration.

Traditional pills and extended-cycle oral contraceptives have gained popularity by enabling women to have fewer menstrual cycles annually. The said innovation mitigates discomfort while offering increased convenience, especially for women with demanding lifestyles.

Transdermal patches, a technological innovation, provide continuous hormone delivery through the skin, reducing the need for daily tablets and ensuring consistent efficacy. Biodegradable implants and extended-release mechanisms, currently under investigation and development, exemplify the industry's focus on integrating innovation with user convenience. Such advancements significantly enhance consumer confidence, diversify product offerings, and promote market growth.

  • In early 2024, Pfizer, a key player in the industry, is leading research into formulations that combine longevity with reduced side effects, emphasizing convenience for users who prefer infrequent administration.

Factors Impeding the Market Growth

Adverse Side-Effects and Health Issues May Impede Market Growth

The adverse effects and health issues linked to contraceptive medications considerably impede their broad acceptance. Hormonal contraceptives, including oral tablets, patches, and injectable, are frequently associated with side effects such as nausea, headaches, weight gain, and mood fluctuations.

The above-disclosed concerns, especially for women with pre-existing health issues such as hypertension or smoking history, deter numerous prospective users from utilizing hormonal contraceptives. Non-hormonal alternatives, while accessible, may lack efficacy or convenience for specific consumers, resulting in restricted options for some individuals.

Publicized court cases and unfavourable media coverage of harmful effects exacerbate public distrust. Contemporary consumers are progressively health-conscious and favour safer choices, prompting some to investigate natural or non-pharmaceutical contraceptive techniques.In response to this limitation, pharmaceutical companies are investing in creating safer, low-dose hormonal formulations and non-hormonal alternatives such as Phexxi.

The stigma and apprehension around possible adverse effects continue to pose substantial obstacles to commercial expansion. Effective articulation of risks and benefits, coupled with ongoing product innovation, is essential for addressing this issue.

Future Opportunities in the North America Contraceptive Drugs Market

Over-the-Counter Accessibility of Contraceptive Drugs

Regulatory modifications, such as the endorsement of over-the-counter (OTC) contraceptives, offer a significant potential to enhance accessibility and utilization.

In 2023, the FDA sanctioned the inaugural OTC birth control pill, Opill, anticipated to stimulate substantial market expansion by alleviating prescription-related obstacles. These improvements allow customers to acquire contraceptives directly from pharmacies without prior consultation with healthcare professionals, facilitating the management of their reproductive health. Such transition could significantly benefit people who are encountering difficulties in accessing healthcare services, like those in distant regions, young adults, or uninsured persons.

Pharmaceutical businesses can leverage this opportunity by investing in OTC products and implementing targeted marketing campaigns to inform customers about their availability and advantages. The said approach could also drive innovation in conveniently accessible, non-invasive contraceptive options, significantly creating growth opportunities in the market.

  • In 2023, HRA Pharma, a Perrigo company and the manufacturer of Opill, has been leading efforts to make contraceptives more accessible. They have partnered with healthcare advocates to promote public awareness and ensure broad distribution across retail and online channels.

Competitive Landscape for North America Contraceptive Drugs Market

The competitive landscape of the North America contraceptive drugs market is shaped by key players such as Pfizer, Bayer AG, HRA Pharma (Perrigo), Merck & Co., and Teva Pharmaceuticals. Leading companies dominate through their expansive portfolios, including oral contraceptives, injectables, implants, and emerging over-the-counter (OTC) products like Opill.

Companies in the market compete on innovation, developing low-dose, long-acting, and non-hormonal options to meet diverse consumer needs. Partnerships with telemedicine platforms have enhanced accessibility.

Regulatory changes, such as the FDA approval of OTC products, intensify competition as companies vie for market share in this expanding segment. Small companies focus on niche markets, including hormone-free alternatives and sustainable contraceptive solutions, contributing to a dynamic and evolving landscape.

Recent Industry Developments in the North America Contraceptive Drugs Market

  • In January 2024, Merck announced advancements in its biodegradable contraceptive implant, designed to deliver long-term contraception without requiring removal.
  • In November 2023, Pfizer partnered with Hers, a telemedicine platform, to expand access to oral contraceptive products. The partnership enables online consultations and direct delivery, targeting younger demographics and underserved populations.

North America Contraceptive Drugs Market Report Scope

Attributes

Details

Forecast Period

2024 to 2031

Historical Data Available for

2019 to 2023

Market Analysis

US$ Billion for Value

Key Countries Covered

  • U.S.
  • Canada

Key Market Segments Covered

  • Type
  • Distribution Channel
  • Country

Key Companies Profiled in the Report

  • Church & Dwight Co., Inc
  • Reckitt Benckiser Group Plc 
  • Veru, Inc. 
  • Organon Group of Companies 
  • Pfizer, Inc. 
  • Teva Pharmaceutical Industries Ltd. 
  • The Cooper Companies, Inc. 
  • Mayer Laboratories, Inc. 
  • Agile Therapeutics 
  • TherapeuticsmMD, Inc. 
  • Bayer Ag 
  • Afaxys, Inc. 
  • Mithra Pharmaceuticals 
  • Abbvie 

Report Coverage

  • Market Forecast and Trends
  • Company Share Analysis
  • Competitive Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives  

Customization & Pricing

Available upon request

Market Segmentation

By Type

  • Oral Contraceptives
  • Injectable
  • Implants

By Distribution Channel

  • Retail Pharmacies
  • Online Pharmacies
  • Hospitals & Clinics

By Country

  • U.S.
  • Canada

To know more about delivery timeline for this report Contact Sales

Companies Covered in This Report

  • Church & Dwight Co., Inc. 
  • Reckitt Benckiser Group Plc 
  • Veru, Inc. 
  • Organon Group of Companies 
  • Pfizer, Inc. 
  • Teva Pharmaceutical Industries Ltd. 
  • The Cooper Companies, Inc. 
  • Mayer Laboratories, Inc. 
  • Agile Therapeutics 
  • TherapeuticsmMD, Inc. 
  • Bayer Ag 
  • Afaxys, Inc. 
  • Mithra Pharmaceuticals 
  • Abbvie 

Frequently Asked Questions

The most common contraceptive methods comprise of female sterilization, pill and LARCs.

The contraceptive prevalence rate in the U.S. ranges around 65%.

Finland is reported to be the country with most contraceptives.

The market is predicted to be valued at US$5.15 Bn by 2031.

Bayer Ag, Afaxys, Inc., and Pfizer, Inc., are some of the key players operating in the market.

Thank you for taking time to visit our website, click like if you found the information on this page useful?

This site uses cookies, including third-party cookies, that help us to provide and improve our services.
Google translate